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Merkel Warns Germans of Tough Economic Times Ahead
Chancellor Angela Merkel has warned that the German economic climate in 2013 will be “even more difficult”. The new year message from Mrs Merkel also cautioned that the eurozone debt… Read more
Egypt to resume IMF loan talks as reserves dwindle
Egypt’s Prime Minister Hisham Kandil was speaking in Egypt that Egypt will soon resume talks with the International Monetary Fund over a crucial $4.8bn (£3bn) loan to shore up the… Read more
Valuable Commodity worth $18 Million Theft, Victim Was a Canadian Maple Syrup Cartel
Thieves with access to a warehouse and a careful plan loaded up trucks and, over time, made off with $18 million of a valuable commodity. The unusual thing about the… Read more
Peter Madoff sentenced to 10 years in prison
Peter Madoff the brother of Bernie Madoff was sentenced to 10 years in prison. Bernard Lawrence “Bernie” Madoff was born April 29, 1938, he was an American businessman, stockbroker, investment… Read more
Yahoo! Inc. Speeds Up Their Web Mail
Yahoo! Inc released their new version of the famous Yahoo! Mail last Tuesday, as a first make over attempt since Chief Executive Marissa Mayer took the company’s wheel of struggle… Read more
Items ‘missing’ from British and Empire Commonwealth Museum
The BBC said more than 140 items that were lent to a museum which has since closed are missing in the British and Empire Commonwealth Museum. According to the source… Read more
U.S. Adds More Jobs Than Expected; Jobless Rate Falls to 7.7%
The United States jobless rate falls to four-year low. The US added 146,000 jobs in November, official data shows, as the economy seemingly shrugged off storm Sandy. This strong performance… Read more
China manufacturing picks up momentum.
Manufacturing activity in China has continued to rebound in November as two sets of figures have shown the industry is now expanding and growing. The manufacturing companies drives much of… Read more
Apollo to buy McGraw-Hill Educational Publishing Unit
The McGraw-Hill Companies Inc has stated that they will be selling their Educational publishing unit to the Apollo Global Management LLC for an amount of $2.5 billion. After this,… Read more
Mark Carney named chief of “Bank of England”
Canadian Central Bank’s chief Mark Carney who has been on that position for a while has been named by the Britain government as the Head of the “Bank of England”…. Read more
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