Dell Buying EMC For About $67bn
NEW YORK, United States. Dell is buying data storage company EMC in a deal valued at approximately…
Russia Restarts Gas Deliveries To Ukraine After Payment
MOSCOW, Russian Federation. Russia’s Gazprom renewed gas supplies to Ukraine on Monday at 10:00 am Moscow time…
Keep Interest Rates Low Or Risk Another Crash — IMF
The International Monetary Fund concluded its annual meeting in Lima with a warning to central bankers that…
China Launches Global Yuan Payment System
BEIJING, Peoples Republic of China. China’s Central Bank has started a global payment system which provides cross-border…
Deutsche Bank Anticipates €6.2bn (£4.56bn) Net Loss
FRANKFURT, Federal Republic of Germany. Germany’s biggest bank, Deutsche Bank, has released a statement on charges that could…
Shell, Total Get First Foreign Gas Stations In Iran
TEHRAN, Islamic Republic of Iran. Iran’s state TV is reporting that Royal Dutch Shell and France’s Total…
Transaero, Russia’s Biggest Private Airline Files For Bankruptcy
MOSCOW, Russian Federation. Russian Prime Minister Dmitry Medvedev has given the green light to begin bankruptcy proceedings…
IMF Warns Of New Financial Crisis If Interest Rates Rise
LONDON, United Kingdom. Rising global interest rates could prompt a new credit crunch in emerging markets, as…