Finance news

Iraq’s government says it has retrieved $116 million from French bank accounts that were registered to a former official in Saddam Hussein’s regime.
A statement by the Iraqi Integrity Commission says the recovered money includes $106 million from an account with UBAF bank and $10 million in accounts scattered across several other banks in France.
The statement […]

Filed under: Small Business, online by Finance Boss
Comments Off

Reassuring words from European leaders aimed at calming markets roiled by the continent’s sovereign debt fears helped boost Asian markets in early trading Thursday.
German Chancellor Angela Merkel and French President Nicolas Sarkozy pledged in an emergency teleconference on Wednesday night with that they would help Greece avoid a debt default. For his part, Greek Prime […]

Filed under: Small Business, technology by Finance Boss
Comments Off

Bigger is better, at least when it comes to pension funds.
The largest— funds with $37 billion in assets on average — outperformed smaller plans — with an average of $1 billion — by 45 to 50 basis points, or 0.4 per cent each year, according to a new study.
Researchers at the University of Toronto’s Rotman […]

Filed under: Loans, money by Finance Boss
Comments Off

After months of talk that Europe can only be saved by slashing its spending, a growing chorus of voices is calling for a new tack, encouraging governments to instead stimulate growth _ even if that means spending money.
As a slowdown in the global economic recovery threatens to undo Europe’s austerity efforts, experts are reviving a […]

Filed under: legal, marketing by Finance Boss
Comments Off

The dismal U.S. job market, which has intensified fears of another recession, may be even worse than the unemployment numbers suggest.
The shockwaves from the Labor Department report on Friday that employers stopped hiring in August have rippled around the world, sparking a steep retreat in Asian stock markets. The lack of hiring in the U.S. […]

Filed under: Small Business, economics by Finance Boss
Comments Off

What can building owners do to stretch their capital budgets?
Many organizations, both public and private, have experienced decreased funding over the past few years due to the many factors stemming from the bad economy. It is important to know there are ways to reduce costs when undertaking construction projects, regardless of whether it is a […]

Filed under: legal, mortgage by Finance Boss
Comments Off

A new round of fierce fighting in southern Yemen killed 10 soldiers and 26 militants, military officials said Monday, the latest battle in a government campaign to retake territory from al-Qaida-linked fighters, .
Another 38 militants and about 30 soldiers were wounded in the clashes that took place near the city of Dufas in the southern […]

Filed under: finance, legal by Finance Boss
Comments Off

Venezuelan President Hugo Chavez checked in to a military hospital Saturday night to begin a third round of chemotherapy, this time getting the cancer treatment at home rather than Cuba.
Chavez walked into the Dr. Carlos Arvelo Military Hospital accompanied by his daughter Maria and aides. He said his treatment has been going well and aims […]

Filed under: Small Business, legal by Finance Boss
Comments Off

Shares in Swedish Automobile, the owner of struggling car maker Saab, have plummeted after it postponed the release of its earnings figures for the first six months of the year, saying the report has yet to be completed.
In a brief two-line statement Friday, the Zeewolde-headquartered Dutch company said the results would be delayed by five […]

Filed under: mortgage, technology by Finance Boss
Comments Off

Venezuelan President Hugo Chavez said Wednesday that he may undergo another round of chemotherapy next week.
Chavez said he feels he is overcoming his illness. When he mentioned cancer, he described it in the past tense saying: “I had it.”
The 57-year-old Venezuelan leader recently shaved his head after his hair began to fall out as a […]

Filed under: debt, finance by Finance Boss
Comments Off