Finance & Economics | WPN World People News

The EBRD is continuing to bolster Ukraine’s strong position as a major producer, processor and exporter of agricultural commodities via its large-scale programme of investments with major players in the national food and farming sector.

The EBRD has agreed to acquire for 1.53 billion roubles a 5.26 per cent stake in GV Gold, a privately owned mining company that is one of Russia’s top 10 gold producers.

Notes
FY 2011 data are preliminary; all data are subject to revision.

Skype has entered into a definitive agreement to acquire GroupMe, which offers mobile group messaging service. Per standard procedure for acquisitions like this, the financial terms weren’t disclosed. But considering how Skype's own acquisition by Microsoft is already well underway, any purchase by the former is likely to become a factor in the latter's operations.

A solo attacker has hacked into an events management company and obtained sensitive information belonging to 20,000 individuals, many of whom were United States government employees or contractors.

Sales of new homes have fallen 18 percent in the two years since the Great Recession officially ended.

Consultation session with the handicraft community of Phu Vinh for a project in Vietnam

California Rep. Xavier Becerra was one of six Democrats chosen to join six Republicans on a panel tasked with finding a way to cut about $1 trillion from the federal deficit.