Oct 20, 2011
The quarterly profit for the company Apple Inc (AAPL) did not meet investor expectations for the first time in at least six years; the company’s shares fell at the end of trading.
Oct 19, 2011
The plan to increase Europe’s stabilization fund, which is based on guarantees on part of the debt of problematic Euro zone countries, is threatening France with a downgrade of its credit rating.
Oct 18, 2011
The Group of 20 finance ministers and the heads of central banks conducted negotiations last weekend in Paris and approved part of an urgent plan to avoid a Greek default and increase banks’ liquidity.
Oct 18, 2011
Yesterday, after the close of trading in New York, Google (GOOG), the world’s most popular search engine, reported a growth in sales and profit which exceeded estimates.
Oct 13, 2011
FOMC members are coming closer to establishing a target level for economic indicators like inflation in order to decide how long to hold the interest rate at its current record-low level.
Oct 12, 2011
Yesterday evening, opponents of US President Barack Obama’s $447 billion jobs creation plan managed to garner enough votes to block its passage in the Senate.
Oct 11, 2011
Today, American and European stocks immediately jumped up in response to a promise from the German and French leaders to resolve the debt crisis in Europe.
Oct 07, 2011
Today in trading in Asia, stocks rose for the second day in a row, while the South Korean won and metals appreciated on the back of European politicians’ efforts to contain the region’s debt crisis.
Oct 06, 2011
Today, Steve Jobs passed away at age 56 after a six-year battle with a rare form of cancer.
Oct 05, 2011
Yesterday, it was reported that Finland will receive the collateral it demanded as a condition of providing aid to Greece.