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Main Page  »  News  »  Finance
View Article  The U.S Presidential race will cost -- count it! -- a record $2.4
The 2008 U.S. presidential is estimated to cost nearly 2.4 billion dollars,
making it the most expensive bid for the White House in history. But despite
all the cash flow, very few Americans open their ...   more »
View Article  African immigrants in the US feel impact of the global financial crisis
African immigrants in the US talk about global financial crisis and its
impact on their lives.

NEW YORK, USA (OCTOBER 24, 2008) REUTERS -
New York still excuberates glamour and excitement but the global
financial ...   more »
View Article  Barclays turn to Qatar and Abu Dhabi
British bank Barclays is raising 7.3 billion pounds (12.1bn USD)
from investors from Qatar, Abu Dhabi so it can avoid taking UK government
rescue cash.

The fundraising is being made through a range of complex ...   more »
View Article  Porsche brings relief to shortsellers
Shares in carmaker Volkswagen nearly halve after main shareholder
Porsche takes steps to ease a squeeze on shortsellers.

Meanwhile stock exchange operator Deutsche Boerse cut the weighting of VW
shares in the blue-chip DAX index ...   more »
View Article  Porsche brings relief to shortsellers
Shares in carmaker Volkswagen nearly halve after main shareholder
Porsche takes steps to ease a squeeze on shortsellers.

Meanwhile stock exchange operator Deutsche Boerse cut the weighting of VW
shares in the blue-chip DAX index ...   more »
View Article  Volkswagen briefly becomes world's top company
With investors betting on a price drop paying up to 1,005 euros a share for
Volkswagen stock, the company briefly becomes the world's biggest company by
market value. For a time, Volkswagen's voting stock was ...   more »
View Article  Asian shares fall on recession fears
Most Asian stock markets extend last week's losing streak while yen nears a
13-month high against the dollar.

(ASIA) MANILA, PHILIPPINES (OCTOBER 27, 2008) REUTERS -
Japanese stocks tumbled to 26-year lows on Monday (October ...   more »
View Article  Americans are concerned about market's tailspin
NEW YORK, NEW YORK, UNITED STATES (OCTOBER 24, 2008) NYSE -
As the financial markets shed profits on the nearly daily dose of
bad news, Americans are becoming more and more concerned, and starting to
...   more »