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Nuke sub heads indian weapons buying spreeIndia is joining the elite club of nations having submarines capable of deploying nuclear weapons as it leases an Akula class boat from Russia. 1 Rich Russians write record checks for NY propertyBillionaires from Russia and the ex-Soviet Union have been pushing the high end property market in the US as they spent $1 billion on residential real estate in the country over the past four years. 2 Eurozone finances: Pouring oil on waterIf eurozone countries do not make necessary steps to restructure their debts, the current period of calm, may quite be calm before the storm. 3 Death by a thousand cuts at Yahoo?Yahoo is to become “smaller, nimbler, more profitable” according to its CEO Scott Thompson, and the first step is to get rid of 2,000 staff. The internet company is cutting 14 percent of its work force as it tries to turn itself around. 4 Who wants to be a millionaire?Amid the current economic turmoil Europeans seem to have less money in their pockets. However, personal financial health is bothering Europeans in various degrees. 5

April 2012

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Today: 20:34 Nuke sub heads indian weapons buying spree India is joining the elite club of nations having submarines capable of deploying nuclear weapons as it leases an Akula class boat from Russia.		Today: 17:12 4 comments Eurozone finances: Pouring oil on water If eurozone countries do not make necessary steps to restructure their debts, the current period of calm, may quite be calm before the storm.
Today: 19:52 Death by a thousand cuts at Yahoo? Yahoo is to become “smaller, nimbler, more profitable” according to its CEO Scott Thompson, and the first step is to get rid of 2,000 staff. The internet company is cutting 14 percent of its work force as it tries to turn itself around.		Today: 15:14 1 comment Groupon isn’t a hot deal anymore Groupon Inc, the world's largest coupon provider, is in the doldrums as investors, shareholders and even users question the company’s prospects following the revision of fourth quarter results.
Today: 13:14 3 comments Russia loses third of its booze producers The number of alcohol producers in Russia has sharply dropped after the government tightened the legislation to obtain a license.		Today: 09:37 3 comments Market Buzz: Backslide looms after steady growth Russian markets could open lower, proving sensitive to the news from the US floors, analysts say.
03.04, 18:51 4 comments Who wants to be a millionaire? Amid the current economic turmoil Europeans seem to have less money in their pockets. However, personal financial health is bothering Europeans in various degrees.		03.04, 13:44 4 comments Russian bonds riding a wave of success Russian companies have become attractive borrowers as they placed a record 317 billion roubles ($10.8 billion) in Eurobonds in the first quarter of 2011, exceeding pre-crisis level.
03.04, 13:38 3 comments Changes to Russian company law to boost investment A shake up of the legal system being proposed by President Dmitry Medvedev should help business and shareholders.		03.04, 09:59 1 comment Market Buzz: Russian markets ready to rise Russian stocks are likely to open higher on Tuesday trying to win back losses of the previous week.
02.04, 20:33 3 comments Soaring unemployment adds pressure to eurozone Fears of a recession in the eurozone are mounting as the region’s unemployment has hit a 13-year record.		02.04, 17:35 1 comment Global Payments says "only" 1.5 million accounts were exported There’s been some relief for Global Payments, a major US credit card processor, who said only 1.5 million accounts, and not 10 million, were affected in a data breach. However, the consequences may be dire for both the company and victims.
02.04, 16:00 1 comment PMI mixed bag: China up, eurozone upsets The Purchasing Managers Indices around the globe show a mixed picture on global manufacturing activity. With euro zone results significantly down, and a mixed outlook for China and the UK investors are puzzled.		02.04, 15:34 2 comments Norway’s gigantic wealth fund to cut Europe exposure Norway's sovereign wealth fund, which is Europe's biggest equity investor, is set to cut its European exposure, raising investments in emerging markets and Asia-Pacific.
02.04, 13:48 3 comments Russia looks to nuclear power expansion in UK Russia’s state-owned nuclear holding company Rosatom is considering building two atomic power stations in the UK through buying a $24 million stake in Horizon project.		02.04, 10:00 1 comment Market Buzz: On the wave of positive news Russia’s stocks are expected to open higher on Monday amid stronger consumer data from the U.S., the European rescue fund deal and stable oil prices.
30.03, 20:22 6 comments Consumer spending not oil to boost Russian growth Goldman Sachs is predicting a 5% growth in Russian GDP on the back of growing investment and domestic consumption.		30.03, 20:04 1 comment Spain tightens belt despite protests amid growing concern over its fiscal health As Spain struggles to cope with the country’s debt crisis, the government has announced the raising of corporate taxes and cuts in public spending to trim this year’s deficit by more than a third.
30.03, 18:00 1 comment Pensions gap a global problem The retirement age across the world should be raised to 67 years otherwise the world could plunge into a global pension crisis.		30.03, 17:24 6 comments Big boost for eurozone rescue fund Eurozone finance ministers have agreed to increase the bailout funds by more than half, raising its capacity to 800 billion euro from the previous 500 billion euro.

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