News
Currency Traders Unimpressed with Greece's 110 Billion Euro Bailout
09:49 04.05.2010 |
Business
Currency traders remained less than impressed Tuesday by the 110 billion euro ($145 billion) bailout of Greece finalized over the weekend with the European Union and the International Monetary Fund, with the single currency slipping to a fresh one-year low versus the U.S. dollar.
The euro halted its fall against the dollar
04:26 29.04.2010 |
Business
The euro inched higher against the U.S. dollar Thursday in Asian trade, but remained close to recent lows amid concerns about a worsening sovereign debt crisis in the euro zone. The euro rallied back above $1.3200 after it fell below the key psychological level early in the session. Analysts said there's still a significant chance that the single...
Government of USA Unveils New Design for $100 Note
11:25 21.04.2010 |
Business
Federal Reserve Chairman Ben Bernanke says it's a challenge for the government to stay ahead of counterfeiters as technology becomes more sophisticated and more dollars flow overseas.
Coca-Cola’s profit in I quarter has increased by 19%
11:04 20.04.2010 |
Business
Coca-Cola Co.'s first-quarter profit climbed 19 percent as the world's largest drink maker continued to see rapid growth overseas. That offset persistent weakness in the U.S. as shoppers skimped on purchases of soda, water, juices and teas.
Gold Weakens on Speculation of Increasing Demand for Dollar
04:38 19.04.2010 |
Business
Gold weakened, after slumping Friday by the most since Feb. 4, on speculation that a fraud suit by U.S. regulators against Goldman Sachs Group Inc. will increase demand for the dollar as a safe investment.
