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Goldman Executive Slams Company’s “Toxic And Destructive” Culture In Resignation Letter
An executive director at Goldman Sachs’ London office has criticised his employers’ “toxic and destructive” culture as the primary reason for his resignation from the company, in a damning...
U.K Chancellor Flirts With the Idea of a Super Long ‘Century’ Bond
U.K. Chancellor George Osborne says Britain could start selling 100-year bonds as the country tries to reduce the government’s long term debt costs. The Debt Management Office said that...
SEC Charges Five for Insider Trading, Following An Alcoholic Anonymous Tipoff
The Securities and Exchange Commission has charged five individuals for acting on insider information alleged to be illegally obtained from an Alcoholics Anonymous meeting.According to the complaint, 5 individuals...
Encyclopaedia Britannica Goes Out of Print After 244 Years
Encyclopaedia Britannica, the oldest continuously published English-language encyclopaedia in the world, has ceased publication of its iconic 32-volume book set on print in favour of a digital-only model that...
Citigroup Is Biggest US Bank To Fail Federal Reserve’s Stress Test
Citigroup Inc, the US’s third largest bank, has failed an annual stress test conducted by the Federal Reserve, which determines whether US banks can withstand a potential financial shock...
China Approves Sale of $10b State Bonds to Japan
Japan has received approval from Beijing to purchase Chinese government bonds worth a total of $10.3 billion, as the two countries aim to strengthen financial ties. This is also...
Budget Battle Leaves US City Without Toilet Paper
Government employees from Trenton city, the capital of New Jersey, which is the third-richest state in the US, could soon face a shortage of toilet paper at their work...
China Posts A $31.5 Billion Trade Deficit, Adding To A Slew Of Bad Economic Data
Hard landing, or soft landing? China’s trade deficit hit $31.5 billion in February as its exports slowed to a crawl, highlighting global concerns over the cooling down of the...
US Gave Boeing At Least $5.3 Billion In Illegal Subsidies: WTO Report
The World Trade Organisation’s (WTO) Appellate Body has rejected an appeal by the US Trade Representative’s Office (USTR) to dismiss the findings from an earlier report that US plane...
Key Economic News To Watch This Week: March 12
A quick preview of the key economic events for the upcoming week: Greece is officially in default, but it did not stop the S&P 500 from ending the week...


