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When it comes to weathering economic storms, South Koreans can rightly claim more familiarity than most with the harrowing experience of seeing hard-won prosperity evaporate.
Ever since the East Asian economic crisis spread to its shores in late 1997, government officials, media and ordinary citizens have kept up a nervous vigilance against any hint of turmoil.
The […]
World stock markets climbed Friday as investors signaled their approval of a massive new bailout plan for Greece and broader measures to tackle the continent’s debt problems.
A rally that began the day in Asia extended to Europe, with all major markets in positive territory.
In early European trading, London’s FTSE 100 rose 0.9 percent to 5,950.06. […]
Tripoli was rocked by a series of airstrikes by NATO forces in the early hours of the morning Sunday.
Libyan television reported that the “NATO crusader forces” had hit civilian and military targets in the eastern suburb of Tajoura.
Just after midnight Sunday, a series of dull rumbles and flashes could be seen to the east of […]
Filed under: business, marketing by Finance Boss
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Strong sales of Barbie and toys tied into Disney/Pixar’s “Cars 2″ helped Mattel’s second-quarter net income rise 56 percent, the largest U.S. toy maker said Friday.
Net income for the three months ended June 30 rose to $80.5 million, or 23 cents per share, from $51.6 million, or 14 cents per share, last year. Analysts expected […]
The media throughout the world like to portray themselves as the defender of the public good, a steadfast bulwark against government excess, a fearless watchdog ready to root out criminality.
But what happens when the press goes rogue, when reporters and editors break the law, and violate common decency as well? When reporters hack into a […]
The government of one province in Argentina has declared an emergency to help towns where ash from Chile’s erupting volcano is endangering livestock and keeping tourists away.
The emergency in Neuquen province follows similar measures in other parts of Patagonia where agriculture has been hit by accumulating volcanic ash.
The decree issued Thursday by Gov. Jorge Sapag […]
Filed under: Small Business, marketing by Finance Boss
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Poland’s economic growth, which remained close to the fastest pace since 2008 in the first quarter, will probably slow as private investment lags behind economists’ expectations.
The EU’s largest eastern economy expanded 4.4 percent from a year earlier in the first three months, boosted by rising private consumption and exports to countries including Germany, the […]
Filed under: Small Business, marketing by Finance Boss
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The Food and Drug Administration approved Vertex Pharmaceuticals Inc.’s hepatitis C drug Incivek Monday, making Incivek the second new treatment to be approved in the last two weeks.
Incivek is a highly-anticipated pill that is expected to have annual sales in the billions. It is approved for patients who have some liver damage from hepatitis C […]
Filed under: marketing, mortgage by Finance Boss
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Scientists say Iceland’s most active volcano, Grimsvotn, has started erupting.
Iceland’s Meteorological Office confirmed Saturday that an eruption had begun, and local media said smoke could be seen coming from the volcano.
Grimsvotn lies under the uninhabited Vatnajokull glacier in southeast Iceland.
It last erupted in 2004. Scientists have been expecting a new eruption and have said previously […]
OTTAWA — There are no limits to the amount of foreign debt financing that a Canadian telecommunications company can raise, a lawyer for the federal government argued Wednesday at a hearing on whether the parent company of Wind Mobile passes as Canadian.
The Federal Court of Appeal is hearing the case after a lower court ruled […]