Finance

The Explanation for Unpayable Debts

That's what we use: money based on debt. If we don't have debt, we don't have money. When the debt…

12 years ago

German Roman Catholics face Holy Communion denial for unpaid church tax

German Roman Catholics are to be denied the right to Holy Communion or religious burial if they stop paying a…

12 years ago

Russell Wasendorf Sr. admits Peregrine Financial Group $100M fraud

Russell Wasendorf Sr., founder of futures broker Peregrine Financial Group, has pleaded guilty to a fraud involving 24,000 customers in the…

12 years ago

Mark Zuckerberg disappointed by Facebook stock

Mark Zuckerberg, the boss of social network Facebook, has spoken for the first time of the drop in his company's…

12 years ago

Asian stock markets rise after ECB announces new plans for eurozone

Asian stock markets have risen, joining a global rally, after European Central Bank’s president, Mario Draghi, unveiled a plan targeted…

12 years ago

Mario Draghi unveils European Central Bank’s bond-buying euro debt plan

European Central Bank’s president, Mario Draghi, has unveiled details of a new bond-buying plan aimed at easing the eurozone's debt…

12 years ago

Nguyen Duc Kien’s arrest in Vietnam triggers Asia Commercial Bank run

Depositors in Vietnam have withdrawn hundreds of millions of dollars from Asia Commercial Bank, one of the country's largest banks,…

12 years ago

George Soros invests in Manchester United football club

Billionaire George Soros has bought a stake in Manchester United football club, a US regulatory filing showed. George Soros' investment…

12 years ago

Pebble Beach Concours d’Elegance 2012: 1928 Mercedes Benz wins Best of Show

Considered the most prestigious event of its kind, Pebble Beach Concours d'Elegance ("a competition of elegance") is the conclusion of…

12 years ago

Facebook shares plunge to a new low as lockup expired for initial investors

Facebook's stock plunged to an all-time low today as the market braced for the company's insiders to dump their stock…

12 years ago