24 May 2007 15:16 [Source: ICIS news]
Globalisation widens income disparity
The globalisation of commerce promised to be a boon to low-wage workers in developing nations a decade ago. But the reality is that the gap between economic haves and have-nots has frequently widened, not only in wealthy countries like the
Economic talks with
Chinese investors take stock of lucky numbers
Part superstition and part self-fulfilling prophecy, numerology is a basic stock-trading strategy in
Money & Investing
Xinhua finance questions mount
S&P and Moody's are reviewing their debt ratings for Xinhua Finance, amid a shareholder suit against the firm.
Goldman takes "private" equity to a new level
Goldman Sachs is creating its own private system to trade the stocks of companies that do not want the scrutiny and regulatory burdens of going public.
Tiffany investors bet on Peltz's polish
Tiffany is sparkling again, courtesy of Wall Street blingmeister Nelson Peltz, and some analysts and investors say the stock still has room to rise.
Insurers agree to pay billions at Ground Zero
The agreement ends a long legal battle and ensures that $4.55bn (€3.37bn) be available for rebuilding the
Ex-justice aide admits politics affected hiring
Monica Goodling said that she had “crossed the line” in considering the political beliefs of Justice Department applicants.
Big law firm won’t face criminal charges in tax case
A ruling by a federal appeals court yesterday (Wednesday) could jeopardise a criminal case against former employees of the accounting firm KPMG a case that has been cited by prosecutors as the showpiece of a broad investigation into the sale of questionable tax shelters that helped wealthy investors evade billions of dollars in taxes.
A Japanese export: talent
School shooting shocks
Stop trains or natives will: chiefs
Global economy on a roll but inflation lurks: OECD
The global economy is doing better than for years as red-hot Chinese growth combines with comebacks by Europe and
Alcoa taps top gun in Alcan bid
It has been almost four years since Alcan launched a hostile takeover bid for Pechiney, eventually gobbling up the French aluminium producer in merger. Now, the former head of Pechiney is on the other side of the bargaining table, aiding industry giant Alcoa in its hunt for Alcan.
President Néstor Kirchner yesterday (Wednesday) seized two suburban train services and put them under state control. A presidential decision terminated the concession of two train lines run by Trenes Metropolitans.
De Vido deputy resigns
A top public works official resigned yesterday (Wednesday) after being linked to a probe into bribery allegations involving officials of President Néstor Kirchner’s government in the so called Skanska case.
($1 = €0.74)
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