International
Investor Considerations: U.S. Energy Revival May Chill Emerging Economies
A retooling of the U.S. economy around cheaper domestic energy and a competitive exchange rate could be a headwind for developing economies more used to seeing U.S. growth as a boon. In a week which ...Draghi: Do More To Promote Jobs, Growth
European Central Bank President Mario Draghi is urging indebted governments to move beyond spending cuts and tax hikes and introduce reforms that would boost growth and reduce the "tragedy" of ...
China PICC Group Eyes Shanghai Listing Following $3B-Plus Hong Kong In 2012
Chinese state-owned People's Insurance Company of China Group (PICC), one of the country's largest insurers, could complete an A-share listing in Shanghai in the second half of this year, the firm's ...India Ready To Stop Iran Oil Imports As Insurers Drop Coverage, Refiner Says
India is set to halt all crude imports from Iran because insurance companies in the country have said refineries processing the oil will no longer be covered due to Western sanctions, the head of ...Fitch Cuts Italy Credit Rating
Ratings agency Fitch added to Italy's mounting problems on Friday by cutting its credit rating due to the political uncertainty after last week's election, deep recession and rising debt. Fitch ...ECB Offers No Helping Hand For Italy, Holds Course On Interest Rates
Markets have settled after Italy's fractured election result and any threat of contagion to other euro members has been muted, European Central Bank President Mario Draghi said on Thursday, ...
CDC Issues Warning Of Deadly New SARS-like Virus
The U.S. Centers for Disease Control and Prevention (CDC) on Thursday warned state and local health officials about potential infections from a deadly virus previously unseen in humans that has now ...Mexico Launches $1.2B Fund To Help Homebuilders
Mexico announced a new program aimed at buoying the country's battered homebuilders by promising to put up billions of pesos to back commercial credit to the industry. The 15 billion pesos ($1.2 ...