Jamaica Gleaner Business
Published: Monday Tuesday | December 8, 2009
Bernanke: Too early to declare lasting recovery
Despite some economic improvements, US Federal Reserve chairman Ben Bernanke warned Monday it is still too soon to declare that the budding recovery will last."We still have some way to go before we can be assured that the recovery will be... Read More...
Kuwait makes billion-dollar profit off Citigroup share sale
Kuwait's sovereign wealth fund said Sunday it booked a profit of US$1.1 billion by selling the stake it took in Citigroup Inc less than two years ago when the banking giant was strapped for cash. The Kuwait Investment Authority (KIA) said in a statement... Read More...
Venezuela court orders more bank arrests
A Venezuelan court has ordered the arrests of 27 bank executives for alleged links to violations at seven banks that have been taken over by the government.Venezuelan prosecutors have also asked Interpol for help seeking the arrests of nine... Read More...
