Seated two places to the right of ECB President Mario Draghi in the grand, gilded room was Jens Weidmann, chief of Germany's Bundesbank and, in his country's post-war tradition, an inflation-fighting hardliner. … "A stable currency," he told Reuters.
When the conflict began, the government had some $17 billion in foreign currency reserves. Those have dropped from blows to two main pillars of the economy: oil exports, which used to bring in up to $8 million per day, and tourism, which in 2010 earned …
Fears that the auto industry could become embroiled in an old-fashioned price war have fizzled. Automakers are holding firm in their post-recession pricing discipline, even as rising demand, rapid production increases and currency fluctuations create …
AMMAN, Jordan, June 30, (Agencies): More than two years of fighting in Syria's civil war has damaged some 9,000 state buildings and run up $15 billion in losses to the public sector, a government minister said Sunday, shining a light on the devastating …
The transactions and price of high–end residential apartments, in particular, saw a marked increase. He Meng, a marketing director at Maoyuan Real Estate Co, said the latest tightening policies have had a limited effect on high–end projects. "Wealthy …
A high–end nightclub named Tianshang Renjian (meaning paradise on earth) during day time in Changshu, Jiangsu province. … Jin, a native of Yiwu, Zhejiang province, runs businesses ranging from entertainment to real estate and digital gadgets. The …
Macquarie analyst Kevin Smithen cut his rating on BlackBerry to underperform from neutral and said he saw a break-up or sale of the company as a likely end game. BlackBerry … The gadgets allowed the company to corner the lucrative market serving …
That and other efforts are funded in part by NASA, which is also collaborating with Boeing. SonicStar has upped the ante from Mach 3.3 to Mach 4 at …. Despite the economic challenges of recent years, Fujino is confident that a U.S. gross domestic …
Billionaires like Aditya Birla Group, Tata Capital, Religare, Reliance Capital, are applying for bank licences, the deadline for which expires tomorrow. Entities which have taken board approval for applying to for bank licence from the Reserve Bank …