Sun, 20 May 2012
(Photo: AP / Carolyn Kaster)Obama: Eurozone 'must focus on jobs and growth'
President Barack Obama speaks during a joint news conference with Canadian Prime Minister Stephen Harper, and Mexican President Felipe Calderon, not seen, in the Rose Garden at the White House, Monday, April 2, 2012, in Washington....Full Story

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(Photo: WN / Ahmed Deeb)Wheat, gold make stunning runs in nervous markets
A Palestinian vendor displays a gold jewellery at a jewellery store in the Rafah Refugee Camp, Southern Gaza Strip on September. 19, 2011. Decline in demand for gold in the Palestinian markets due to the high price of $ 50 per gram, this high price in the global gold. ( Photo by Ahmed Deeb/WN)...Full Story

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European Stocks Post Biggest Weekly Drop in Eight Months
| European stocks posted the biggest weekly drop since September as Greece moved closer to a possible exit from the euro and concern mounted that Spanish banks will need rescue. | A gauge of lenders slumped for the third week, as Banco Espirito Santo SA (BES) lost the m...Full Story
Swiss Stocks Head for Biggest Weekly Drop Since November
| Swiss stocks fell, heading for their biggest weekly drop since November, as industrial-goods and services companies slumped amid signs of slowing growth in China and as Moody’s Investors Service downgraded Spanish lenders. | SGS SA (SGSN), the world’s largest indu...Full Story
Brightbridge Wealth Management Headlines: Switzerland: Return To Floating Exchange Rate Dismissed
| The euro recently fell for the first time below the minimum limit of SFr1.20 ($1.31 ) set by the Swiss National Bank (SNB) in September 2011. | However, currency experts agree that the temporary slip that occurred during Easter week does not require a change in exchan...Full Story
Designing Business Education for a Custom Fit
| TOKYO — When a South African mining company faced a difficult problem — how to get more black managers into leadership roles — it called on an unexpected source for help, a nonprofit group affiliated with a U.S. business school. Enlarge This Image Ma...Full Story
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Thu 17 May 2012
Zurich Eyes Asian Growth Opportunties
Jakarta Globe Zurich Insurance Group is turning to Asia for growth as demand for insurance products in its home region of Europe wanes amid an ongoing debt crisis. | Kevin Hogan, the Swiss-based insurer’s chief executive for life insurance, told the Jakarta Glob...
Wed 16 May 2012
Euro-Area Inflation Slowed in April, March Exports Declined
Bloomberg | European inflation slowed last month and exports dropped in March as the euro region’s spreading fiscal crisis undermined the economy and consumer demand. | The inflation rate in the 17-nation euro area fell to 2.6 percent from 2.7 percent in Mar...
UPDATE 1-Swiss dental group Straumann to buy Brazil's Neodent
Reuters | * To pay 260 mln Sfr in cash for Neodent | * Deal expands Straumann's reach in Latin America | * Expects to double revenues, staff by 2020 | ZURICH, May 16 (Reuters) - Swiss dental implant maker Straumann Holding AG is to buy a 49 percent stake in ...
Tue 15 May 2012
Swiss franc, euro at 4-month low against dollar as Greece wobbles
The Times Of India Tweet | ZURICH: The Swiss franc tracked the euro higher against the dollar on Tuesday, both bouncing off fresh four-month lows notched up earlier in the session as swelling talk of Greece leaving the euro zone kept the pressure on the single currency...
European stocks slump on fresh euro fears
Canberra Times | European equities have slumped and the euro has tumbled to its lowest point since January, with markets hit by mounting fears over the eurozone and a potential exit of Greece from the currency bloc. | Investor sentiment has been rattled as Greek po...
Mon 14 May 2012
Ex-Im Bank To Leverage Industry Expertise To Expedite Export Financing For Business Aircraft And Helicopters
Yahoo Daily News | To: BUSINESS AND NATIONAL EDITORS | GENEVA, May 14, 2012 /PRNewswire-USNewswire/ -- U.S. manufacturers of business aircraft and helicopters will benefit from a new process to assess credit risks and expedite foreign-buyer financing from the Export-...
RPT-SNB can take further steps to shield economy-Jordan
Reuters | ZURICH May 14 (Reuters) - The Swiss National Bank is determined to defend its cap on the Swiss franc and is prepared to buy unlimited amounts of foreign exchange should that become necessary, its chairman said on Monday. | Chairman Thomas Jordan al...
SNB can take further steps to shield economy-Jordan
Reuters | ZURICH May 14 (Reuters) - The Swiss National Bank is determined to defend its cap on the Swiss franc and is prepared to buy unlimited amounts of foreign exchange should that become necessary, its chairman said on Monday. | Chairman Thomas Jordan al...
Global banks recoil against draconian US tax law
Gulf News | Singapore: Go away, American bank account holders. | That's what some of the world's largest wealth-management firms are saying ahead of Washington's implementation of the Foreign Account Tax Compliance Act, known as Fatca, which seeks to prevent t...
Sun 13 May 2012
The creditors' Budget
The Gleaner | Ian Boyne, Contributor | The Throne Speech was cheerily titled 'Nation on a Mission'. By the afternoon when the Estimates of Expenditure were tabled in Parliament, cynics could be forgiven if they added 'impossible' to the title. | For when one loo...
Sat 12 May 2012
U.S. 10-Year Notes Add to Longest Gain Since ’88
Bloomberg | Treasuries had the longest streak of weekly gains in more than 13 years after elections in France and Greece added to concern governments may struggle with deficit- cutting plans used to combat the region’s debt crisis. | Ten-year yields reached ...
Fri 11 May 2012
Dollar: JPMorgan Fiasco Fails To Set Off Crisis, Back To Europe
The Street | Dollar: JPMorgan Fiasco Fails to Set Off Crisis, Back to Europe | Any way you cut it, the dollar’s recent performance is impressive. So far this month, the Dow Jones FXCM Dollar Index (ticker = USDollar ) has climbed 1.9 percent to its highes...
On elections, political leaders, eurozone, far right
Kathimerini | Elections | I cannot understand why the leading party in the elections has a bonus of 50 MPs. The result is just that the two pro-bailout parties have 50 percent of MPs with 32 percent of the people’s vote. | Jose Rocha | Portugal | Sordid eg...
Euro Economy to Shrink as Spain, Italy Re-Enter Recession
Bloomberg | Europe’s economy will fail to grow this year with risks to the outlook “tilted to the downside” after nations from Spain to Italy slipped into recession, the European Commission said. | Gross domestic product in the 17-nation euro area will d...
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