Companies from Kazakhstan plan to move their fundraising away from London, according to the country’s central bank governor, because UK investors failed to stand by the central Asian state during the financial crisis.“Over-relying on London was a mi
FRANKFURT, Dec 2 - Daimler is moving roughly a fifth of the production of its upcoming C-Class volume model from its Sindelfingen plant in Germany to its US factory in Alabama starting in 2014 to compensate for a weak dollar.“From a strategic and ec
The latest shift in US policy towards the Middle East peace process has delivered a fresh blow to the standing of Mahmoud Abbas, leaving the Palestinian leader increasingly isolated as he battles conflicting political pressures at home and abroad.Th
A prominent Islamic scholar and Iranian dissident said on Friday the United States was missing an opportunity by negotiating with Iran solely over its nuclear capability and not the country's nascent democracy movement. Mohsen Kadivar, once an activ
Investors have this year switched money out of developed world equities and into emerging market stocks in a dramatic shift in fund flows.While emerging market equity fund inflows have surged to all-time highs, developed world stocks have seen recor
China needs an “urgent tightening of monetary policy to prevent the huge stimulus measures introduced this year from inflating stock and property bubbles, one of the country’s leading bankers has warned.Qin Xiao – chairman of China Merchants Bank, t
Fund managers moved into an underweight cash position in October for the first time in five years, switching into equities as fears over a double-dip economic recession receded, according to the latest Bank of America Merrill Lynch fund managers sur
The procedure for the draw for the play-offs in the European zone, scheduled for 19 October in Zurich, [has been] approved. Teams will be seeded on the basis of the next FIFA/Coca-Cola World Ranking, which will be published on 16 October.
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