Finance & Economics
US solar dumping case antagonises China
A US anti-dumping case which has come down against China has created tensions between the two countries.
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EBRD shareholders approve fund to start investment in emerging Arab democracies
The shareholders of European Bank for Reconstruction and Development (EBRD) agreed on Saturday to the creation of a €1 billion special fund to start investments in emerging Arab democracies in response to the wave of political change in parts of the Middle East and North Africa.
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G-8 Takes on Europe’s Debt Crisis
Leaders of the Group of Eight leading industrialized countries are focusing on Europe's economic turmoil Saturday as they meet for the second day of their annual economic summit
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Declining commodity prices sees BHP back out of Altia joint venture
Global mining giant BHP Billiton has decided to withdraw from the Altia joint venture project with Breakaway Resources for prospecting silver, lead and zinc in north Queensland amid doubts over the potential.
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HSBC's turnaround target doubled to $2 billion, plan on target
HSBC, Europe's biggest bank, Thursday said it was on track towards its slimming down programme after making sustainable cost savings of $2 billion in the first year of a three-year turnaround plan.
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Media General sells 63 newspapers to Buffett in $142mn deal
Media General has signed agreements with BH Media Group, a subsidiary of Warren Buffett's Berkshire Hathaway, for sale of all its 63 newspapers with the exception of the Tampa group, in a $142 million cash deal, the Richmond based media house said Thursday.
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