|
World business news - CNNMoney.com
|
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
|
|
-
Royal Dutch Shell halts gasoline sales to Iran
Royal Dutch Shell has stopped selling gasoline to Iran, the company confirmed Wednesday, adding to a list of oil giants that have stopped sales after a threat of future U.S. sanctions.
-
Dollar mixed after jobs, trade data
The dollar slipped against the euro and the pound Thursday, but rose against the yen as investors digested mixed U.S. economic news.
-
Pink Floyd suit: Sell all the bricks in 'The Wall'
Pink Floyd won a legal battle Thursday against EMI that prevents the band's long-time record label from selling individual songs online.
-
Oil slips on job worries
Oil prices fell Thursday, amid higher continuing jobless claims.
-
Welcome to the United States of Iceland
It's time to start paying attention to the financial sinkhole that Iceland is trying to climb out of -- the view from inside of it is eerily similar to our own.
-
Fears of a Greek bank run
In the middle of the 2001 debt crisis, Argentines stormed their nation's banks to get their money out. To stop the stampede, the government imposed controls that allowed them to take out only $250 at a time and limited withdrawals for overseas trips to $1,000.
-
China, let's see if you can innovate
What economic crisis? After a blip last winter, China is growing at more than 8% a year, and the scale and speed at which the country is building a modern infrastructure are mind-boggling.
-
Is your country the next Greece?
Just over a year ago a few members of the research team at Hedgeye attended a lecture at Yale Law School by Robert Rubin, the former Secretary of the Treasury under Bill Clinton. During the question and answer session, Rubin was asked about sovereign risk -- the threat that an entire nation effectively walking away from its financial obligations. Mr. Rubin was blunt: he said categorically that he did not expect any major nations to default on its debt.
-
Why China should let the yuan rise
The Chinese have rarely given into foreign pressure to revalue its currency higher. But that doesn't mean it won't let the yuan rise later this year.
-
Check International ETFs here
Check International ETFs here
-
Oil-rich nations want a bigger take
Two of the world's oil-rich countries may make it harder for oil companies to do business with them.
-
The snag in Greece's salary solution
Greek prime minister George Papandreou may have made a big mistake. As part of a plan to fix his nation's ruined economy, he announced Wednesday that he aims to cut 30% of civil servants' holiday bonuses which are part of Greece's "14th salary" payment schedule.
-
Greece outlines plan to cut massive deficit
Facing firm demands from the European Union and financial markets to cut its deficit, Greece announced cost-cutting measures Wednesday that will save the debt-challenged country €4 billion, $5.44 billion, this year.
-
This Mazda recall really burns my ...
Mazda is in the hot seat Wednesday after recalling 12,300 CX-9 crossover SUVs over potentially overheating seats.
-
Foreign companies buy American
The British are coming! So are the Germans. And the Japanese. And the Canadians. And the French.
-
Toyota to let U.S. unit order recalls
Toyota executives told lawmakers Tuesday that its U.S. and Canadian divisions will have more authority to decide when to issue a recall as the automaker faces mounting pressure from Washington over its recent safety problems.
-
AIG sells Asia unit to Prudential for $35B
AIG said Monday that it had reached a definitive agreement to sell its Asian life insurance business to Britain's Prudential PLC in a deal valued at $35.5 billion.
-
Copper spikes after Chile quake
Copper prices surged overnight after a massive earthquake struck Chile, the world's largest producer of the metal, over the weekend.
-
Why Toyota may cause higher interest rates
China is one of the largest holders of U.S. Treasurys. So some worry that our massive budget deficit, which China has vocally complained about, is the equivalent of biting the hand that feeds us.
-
Chile quake damage could reach $30 billion
The massive earthquake that struck Chile this weekend did between $15 billion and $30 billion in damage to the South American nation's economy, according to a risk management assessment firm.
|
|
