Posts Tagged ‘US’

Market alarm as US fails to control biggest debt in history

US Treasuries last week suffered their biggest two-day sell-off since the collapse of Lehman Brothers in September 2008. The borrowing costs of the government of the world’s largest economy have now risen by a quarter over the past four weeks. View full post on UK Business Stories

U.S. Gaming Revenues To Recover in Late 2011, 2014 Revenues to Reach $68B

Ayinde O. Chase – AHN News Editor New York, NY, United States (AHN) – The gaming industry which has been hard hit in recent years is slated is slated to rebound due to improved economic conditions triggering a recovery in U.S. gaming revenues in late 2011. However 2007 pre-economic meltdown gaming revenue levels will not […]

SAP ordered to pay Oracle $1.3bn in the biggest-ever award for copyright infringement

SAP, Europe’s biggest software company, has been ordered by a US court to pay Oracle $1.3bn (£820m) in the biggest-ever award for copyright infringement. View full post on UK Business Stories

US poised for more insider trading charges

US authorities are preparing fresh insider trading charges in what could prove one of the biggest investigations in Wall Street’s history, according to US press reports. View full post on UK Business Stories

ANC: Americans stole from PBMR

The US nuclear energy company Westinghouse, which had a stake in the defunct pebble bed modular rector, has been accused of theft by ANC members. View full post on Finance Stories

Apple to bring iPhone ads to Europe

The US technology group which has twice delayed iAd’s European launch in recent weeks is set to announce the first brands to use the service in Europe View full post on UK Business Stories

Dominican Republic’s Venezuela oil tab: US$1.0B

SANTO DOMINGO.- Dominican Republic’s current debt for Venezuela’s oil is more than US$1.0 billion, that country’s ambassador in Santo Domingo Alfredo Murga revealed Wednesday. View full post on Business Stories

Obama announces $10bn of business deals with India

Barack Obama announced $10bn in business deals on Saturday as he arrived in India to boost US exports and jobs after a mauling in midterm polls, but he ran into immediate controversy over Pakistan View full post on UK Business Stories

Merger of Australia, Singapore Stock Exchanges Planned

Lawrence Mijares – AHN News Contributor Sydney, Australia (AHN) – Singapore’s stock exchange is poised to take over its counterpart, the Australian Securities Exchange (ASX), forming a US$13.8 billion alliance, through a US$6 billion bid by Singapore to be announced Monday, according to media reports. Commenting on the reported merger, a spokesman for the Australian […]

Pentagon Notes WikiLeaks Releases Breaking Law, Aiding Enemies

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – The Pentagon came out strongly on Friday denouncing the leakage of thousands of classified documents as WikiLeaks announced it on its website, “WikiLeaks released the largest classified military leak in history. The 391,832 reports (“The Iraq War Logs”), document the war and occupation […]