U.A.E. Central Bank Stands Behind Lenders, Adds Funds

The United Arab Emirates’ central bank said it “stands behind” the country’s local and foreign banks, which face losses from Dubai World’s possible default, […]

Nashville Medical Trade Center announcement expected Monday

State and local officials are planning a major economic development announcement in downtown Nashville on Monday morning.
The announcement is expected to center on a proposed […]

Dubai debt ’standstill’ raises alarms about image

DUBAI–Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a […]

Calpers may dump BlackRock as an adviser: source

Calpers, the biggest U.S. public pension fund, is considering dumping asset manager giant BlackRock Inc as one of its real estate investment advisers, a […]

Singapore to Study Property Market Before Adding More Measures

Singapore will study the impact of existing measures to deter speculative property purchases before taking more steps to rein in prices, National Development Minister […]

Kraft weighs higher Cadbury bid as rivals circle: source

Kraft Foods Inc may raise its offer for Cadbury Plc or offer more cash in its bid if rival takeover offers emerge, a source […]

OPG generates $259M profit in latest quarter

Ontario Power Generation Inc. had a $259-million profit in its latest quarter, although the provincial Crown corporation continued to feel the impact of reduced demand […]

Sony pushes back profit margin target, eyes 3D TV

Sony Corp pushed back an elusive profit margin target to March 2013, after narrowly failing to meet the goal last year, but it aims […]

Financial trade tax faces uphill battle in U.S.

Proposed taxes on financial transactions face an uphill battle in the United States with powerful interests opposed and a lack of support among some […]

Financing woes delay start of Kiel work

The tough commercial lending market has forced a delay in the renovation of the Kiel Opera House, a spokesman for David Checketts said Monday.
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