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Euro zone economy avoids recession but split grows

YoopyaMay 15, 20120

(Reuters) – The euro zone just avoided recession in early 2012 but the region’s debt crisis sapped the life out of the French and Italian

S.Africa approves liquidity facility for banks

YoopyaMay 15, 20120

JOHANNESBURG (Reuters) – South Africa’s Reserve Bank has approved the provision of a committed liquidity facility from which lenders in the country can draw from

Africa Finance Corp eyeing $3 bln deals in a year

YoopyaMay 15, 20120

By Duncan Miriri NAIROBI (Reuters) – Africa Finance Corporation (AFC), a Lagos-based development financier, is considering potential investments worth $3 billion across sub-Saharan Africa over

Yahoo chief executive Scott Thompson steps down

kiemtarMay 14, 2012May 14, 20120

The chief executive of computer firm Yahoo has stepped down, amid accusations that a fake computer science degree was included on his CV. The California-based

Coal industry warns proposed EPA rule could force fourth of plants to close

kiemtarMay 11, 2012May 11, 20120

In obscure, blue-collar towns across Appalachia — places that most Americans have never seen — generations of coal miners have toiled away at back-breaking labor

GLOBAL MARKETS: European Stocks Seen Down; JP Morgan’s $2B Loss Weighs

kiemtarMay 11, 2012June 22, 20230

By Ishaq Siddiqi Of DOW JONES NEWSWIRES LONDON (Dow Jones)–European stock markets are expected to fall at the open Friday, hit by U.S. banking giant

Special Report: Chesapeake’s deepest well: Wall Street

YoopyaMay 10, 20120

(Reuters) – Far from the drilling rigs of Oklahoma, America’s second-largest natural gas producer is having to dig ever deeper into the well that really