Europe targets Switzerland in fight against bank secrecy
[Reuters] 22 May, 2013
BRUSSELS (Reuters) - Europe edged closer to lifting banking secrecy on Wednesday after Austria said it was ready to share data on foreign depositors b ...
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Delta Airlines wants to stop Ex-Im help on big jets
[Reuters] 22 May, 2013
(Reuters) - Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and ...
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SC suspends transfers, appointments by caretakers
[Business Recorder] 22 May, 2013
ISLAMABAD: The Supreme Court on Wednesday passed interim order to suspend all transfers and appointments made during the period of caretaker governmen ...
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SC adjourns hearing against Altaf while pointing out errors in petition
[Business Recorder] 22 May, 2013
ISLAMABAD: The Supreme Court on Wednesday adjourned hearing of a constitutional petition against Altaf Hussain, the chief of Muttahida Qaumi Movement ...
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Praet says ECB can expand its tools to fight crisis
[Reuters] 22 May, 2013
WASHINGTON (Reuters) - The European Central Bank could expand its monetary policy toolkit if needed to respond to threats to price stability, and must ...
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Bernanke suggests Fed not ready to pull back on stimulus
[Reuters] 22 May, 2013
WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the U.S. central bank needs to see further ...
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Delta Airlines wants to stop Ex-Im bank help on big jets
[Reuters] 22 May, 2013
(Reuters) - Delta Air Lines wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and wou ...
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PPP accepts election results to strengthen democratic system
[Business Recorder] 22 May, 2013
ISLAMABAD: Senator of Pakistan People's Party (PPP), Moula Bakhsh Chandio Wednesday said that his party had accepted elections results for str ...
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Three target killing suspects arrested
[Business Recorder] 22 May, 2013
KARACHI: Mithadar Police have arrested an alleged target killer Shera alias Tension and his two accomplices identified as Fazalullah and Amanullah alo ...
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Fire-fighters battling SITE factory fire
[Business Recorder] 22 May, 2013
KARACHI: Fire Brigade called fire tenders from all over the city on Wednesday night to control a blaze which engulfed a chemical factory in SITE area. ...
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Spain banks may need to raise money to meet provisions: Rajoy
[Reuters] 22 May, 2013
BRUSSELS (Reuters) - Spain's Prime Minister Mariano Rajoy on Wednesday said the country's banks may have to raise capital on the financial m ...
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Europe closes in on tax havens; Austria agrees to swap bank data
[Reuters] 22 May, 2013
BRUSSELS (Reuters) - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors ...
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Boeing expects 787 battery retrofits done by next week
[Reuters] 22 May, 2013
WASHINGTON (Reuters) - Boeing Co is 90 percent finished with retrofits of the battery system on its 787 Dreamliner and should finish the rest by next ...
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SocGen moves to fire Rosbank CEO after arrest
[Reuters] 22 May, 2013
PARIS (Reuters) - Societe Generale said on Wednesday that it was moving to dismiss its top Russian executive days after his shock arrest on bribery ch ...
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Bernanke offers no hint of pullback in Fed stimulus
[Reuters] 22 May, 2013
WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the central bank needs to see further sign ...
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Boeing defense chief sees rising R&D, margins
[Reuters] 22 May, 2013
WASHINGTON (Reuters) - Boeing Co's defense division expects to continue growing its research and development spending and operating margins in co ...
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State-backed UK banks gain approval for capital plans
[Reuters] 22 May, 2013
LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the f ...
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Bernanke expected to stay the course on Fed policy
[Reuters] 22 May, 2013
NEW YORK (Reuters) - Federal Reserve Chairman Ben Bernanke is not expected to hint at a pending policy change when he testifies before the U.S. Congre ...
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