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Singapore Sovereign Wealth Fund Ready To Dump StanChart Stake: Report
Standard Chartered bank’s large shareholder, the Singapore-government-run investment fund Temasek Holdings, is ready to sell off its entire stake in the troubled British bank, claimed a report by the...
Germany and France Pledge to Strengthen Ties
German Chancellor Angela Merkel and her French counterpart Francois Hollande pledged over the weekend to strengthen ties between the two countries, stressing that Europe must further deepen its political...
Key Economic News to Watch this Week: September 24
Events and meetings taking place within the European Union are expected to set the tone for global markets this week. In particular, speculation is rife about Spain’s formal bailout...
North Korea To Embark On Major Agricultural Reform: Report
North Korean leaders are likely to discuss major economic reforms, including a plan to allow farmers to keep up to half of their agricultural produce, during a meeting of...
Apple Seek Additional $707 Million From Samsung In Patent Battle
The legal dispute between tech giants Apple Inc and Samsung Electronic Co is set to take another turn after both companies expressed dissatisfaction at a U.S. court verdict last...
Draghi Promises to Increase Transparency of ECB
European Central Bank President Mario Draghi has pledged to increase the transparency of the bank, suggesting yesterday that he was open to the idea of publishing minutes from its...
Microsoft & HP Avoided Billions in Taxes via Offshore Units
A US Senate committee has alleged that technology giants Microsoft and Hewlett-Packard avoided billions in US taxes over the past three years by transferring profits to offshore jurisdictions. According...
French Government To Review Study Linking Monsanto Corn & Cancer
France’s National Agency for Health Safety has been ordered by the government to investigate claims made by a study this week linking Monsanto’s NK603 genetically modified (GM) corn to...
35 Million Brazilians Escaped Poverty Over Last Decade: Study
At least 53 percent of Brazil’s population – 104 million Brazilians – are now part of the nation’s middle class, compared to just 38 percent ten years ago, said...
China-EU Summit Opens with Strong Focus on Trade
Chinese and European leaders meet in Brussels today for the high-level EU-China summit with the emphasis on increasing trade ties between the two. Trade between China and the EU,...


