organ Stanley and Goldman Sachs Group Inc. led a drop in the cost of protecting bank bonds from default as the U.S. government broadened the scope of its plan to stem the financial crisis, reported Bloomberg. Credit-default swaps on the

Source: http://www.cpnonline.com Trikona Capital Ltd. has taken a third step in its partnership with SachsenFonds Holdings GmbH, based just outside of Munich in Haar, Germany, with the closing of a $156 million deal. The agreement calls for Trikona, a top

Source: http://economictimes.indiatimes.com NEW DELHI: India's largest real estate developer, DLF, is retrenching around 300 employees across all its centres and subsidiaries as it decides to slow down its project execution, especially in tier II cities, in the face of shrinking

Source: http://www.financialexpress.com Pimpri-Chinchwad—home to the Indian operations of companies like Bajaj Auto, Tata Motors, Kinetic Engineering, Bajaj Tempo and DaimlerChrysler—is emerging as a metropolis in its own right and witnessing the waning of its tag just as an 'industrial hub'.

Outspoken nationalist Taro Aso, an advocate of spending and tax cuts to boost the economy, won the race today to become Japan's next prime minister and swiftly set his sights on an election expected within months.

Pakistan's president and prime minister were due to dine at the luxury hotel destroyed in a weekend bombing but changed their minds at the last moment, it emerged today.

There is a Chinese saying - the mountains are high and the emperor is very far away. If the Olympics offered the world and the Chinese public a statement on imperial control, the tainted milk scandal that has soured the

Nigel Inkster, the former assistant director of MI6, told me last week, two days before the murderous bombing of the Marriott Hotel in Islamabad, that "al-Qa'ida is keen to get some points up on the board".

Beirut / UN- President Michel Suleiman and his accompanying delegation arrived in New York at 3:15pm Sunday (10:15pm Beirut time) to attend the 63rd U.N. General Assembly session.

ArmInfo. The delegation of Armenian Central Electoral Commission, invited by Permanent electoral Commission of Romania and ACEEE, has taken part in the 17th annual international conference ACEEEO held in Romania on 11-13 September.As press-secretary of Armenian CEC Tatev Ohanyan told

ArmInfo. In 2008 Russian Railways (RR) will invest 4.5 bln RUR (about $180 mln) in development of the Armenian railway, RR President Vladimir Yakunin told journalists, Friday.According to him, the funds will mostly be spent on repair of railroad, waggons

ArmInfo. Today, it is necessary to draw attention to enhancement of awareness about the monuments of culture and art of Armenia, RA deputy Minister of Culture Gagik Gyurjyan said at the opening of information boards in the territory of Zvartnots

ArmInfo. Armenian Prosecutor General's Office and USA have prolonged an aid agreement within the frames of cooperation in law-enforcement sphere. The relevant document was signed by Armenian Prosecutor General Agvan Hovsepyan and US Charge d'Affaires Joseph Pennington. The American party

ArmInfo. "After the Georgian events the OSCE Minsk Group can't continue its activity in previous order", said OSCE Minsk Group US Co-Chair Matthew Bryza, APA reports. Bryza considers the activity of the OSCE Minsk Group as important. "We hope that,

ArmInfo. Members of US Congress - prominent lawyer Mark Geragos and human rights adviser Catherine Porter and more that 100 members of the American parliament gathered at Capitol Hill last week to express their support to independence of Nagornyy Karabakh.

ArmInfo. The delegation headed by the former deputy speaker of Great Britain's House of Lords Baroness Caroline Cox has arrived in Stepenakert to take part in celebrations dedicated to the 10th anniversary of the reanimation centre created with her direct

ArmInfo. Board of Directors of Australian Tamaya Resources Company, the holder of an 82.6% stake in Iberian Resources, announced conservation of gold recovery projects in Meghri (Armenia), says Tamaya Resources Limited Directors' Review for the first half of 2008.The report

ArmInfo. Recently the Chamber of Control (COC) issued statements regarding the findings of the COC review for the World Bank financed Urban Heating Project. The World Bank is considering very seriously the concerns expressed by the COC regarding possible anomalies

ArmInfo. Presidential candidate Barack Obama today joined with Armenian Americans in celebrating Armenian Independence day in statement that noted Armenia's first modern instance of independence in 1918 and congratulated all Armenians on Armenia's rebirth in 1991 as an independent state

ArmInfo. Doing Business-2009 report for Armenia reveals the necessity of making qualitative changes in the regulatory environment that improve transparency for investors, before undertaking extensive promotion of the country in external markets. Doing it the other way around is counterproductive,