Business
Business
-
TECHNOLOGY
New York is vying to become global high-tech hub
Just as a trench dug in the 1800s created a shortcut to the nation's interior and helped make New York a global trading hub, the city is now hoping for another "Erie Canal moment" with a high-tech research complex to be built on an island in the East River.
-
BUSINESS
Greek stocks soar on pro-bailout party's poll gain
Greek stock markets rebounded strongly on Monday from a 22-year low on hopes a pro-bailout party will win crucial national elections next month, which would avoid a catastrophic rift with international creditors and keep the struggling country within the euro currency union.
-
BUSINESS
Tony Blair says he ducked fight with UK media
Former Prime Minister Tony Blair testified Monday that he never challenged the influential British press because doing so would have plunged his administration into a drawn-out and politically damaging fight.
-
BUSINESS
Russian tycoon unexpectedly quits as CEO of TNK-BP
Russian tycoon Mikhail Fridman on Monday unexpectedly announced his resignation as chief executive of TNK-BP, a sign of rising tensions between shareholders at the Russian venture of British company BP.
-
BUSINESS
World stocks inch higher on Greek vote hopes
European markets posted modest gains Monday after weekend opinion polls strengthened hopes that Greece might stick with the euro and austerity measures.
-
BUSINESS
Fire breaks out at fancy shopping mall in Qatar
Qatar's Interior Ministry says a fire has broken out at a large shopping mall in the Gulf state's capital.
-
BUSINESS
Spanish PM insists banks won't need EU rescue
Conservative Spanish Prime Minister Mariano Rajoy insisted Monday that Spain's banking sector would not need an international rescue as concern over the bailout of nationalized lender Bankia sent its stock price plummeting while Spain's borrowing costs soared.
-
BUSINESS
Oil up to near $92 on Greece vote optimism, Iran
Oil rose to near $92 a barrel Monday as Greek polls suggested pro-austerity parties might win elections next month, raising the likelihood the country will stay in the euro common currency.
-
BUSINESS
Microsoft appoints first official Iraq distributor
Microsoft Corp. says it has appointed a local company to distribute its products in Iraq in what it says is a sign of growth for the war-plagued country.
-
BUSINESS
IMF tells Ukraine to hike gas bills for households
The International Monetary fund has told Ukraine it must raise gas and heating prices for households if it is to regain access to a $15.6 bailout loan from the fund.








