Oct 13 - Many of Russia's richest men, who borrowed furiously during Russia's 10-year economic boom to expand and make acquisitions, are struggling to get loans as the global financial crisis bites. Following is a...
WASHINGTON, Oct 7 - The International Monetary Fund on Tuesday increased its estimate of global losses from the financial meltdown to $1.4 trillion and warned that the world's economic downturn was deepening. "Declared losses on...
CHICAGO, Oct 6 - Access to credit is the lifeblood of maritime trade and the credit crunch has largely cut off that supply, threatening to weed out weaker shippers and shipyards, as well as hamper...
Oct 6 - South Africa's main lending banks appear to be well shielded from the global financial crisis thanks to stringent regulation that has limited their exposure to foreign assets and a cautious approach to...
BRUSSELS, Oct 6 - Nicolas Sarkozy's restless activism may have galvanised the European Union into taking the diplomatic lead in the Georgia crisis, but his attempt to assert EU leadership in the financial crisis looks...
Oil slipped more than 2 percent on Monday, gold held near a two-week low and demand worries battered base metals and agricultural products after investors dumped commodities as fears of global financial crisis worsened...
CHICAGO, Oct 5 - Access to credit is the lifeblood of maritime trade and the credit crunch has largely cut off that supply, threatening to weed out weaker shippers and shipyards, as well as hamper...
SAO PAULO, Sept 26 - The financial crisis battering global equity and bond markets looks closer to spilling over into the real economy in Brazil, where two large exporters disclosed massive trading losses this week....
SAO PAULO, Sept 26 - The financial crisis battering global equity and bond markets looks closer to spilling over into the real economy in Brazil, where two large exporters disclosed massive trading losses this week....
BOSTON, Sept 23 - General Electric Co shares fell about 4 percent on Tuesday after a stock analyst at Goldman Sachs cut his growth forecast for the conglomerate and investors worried about the prospects for...