I said that we intend to move quickly on this and we do, but it will be a process," Fratto told reporters. According to accepted practice, dating back to the creation of the bank and the International Monetary Fund at
WELLINGTON, May 22 (Reuters) - New Zealand casino operator Sky City Ltd. SKC.NZ said on Tuesday it would look to sell some casinos and save NZ & #36;33 million in costs over the next 18 months, sending its shares up
SYDNEY, May 22 (Reuters) - Australian shares are likely to rise on Tuesday as mining stocks continue to find support from stronger base metal prices, offsetting a mixed lead from Wall Street.
SYDNEY, May 22 (Reuters) - Australia is set to retain its wheat export monopoly -- known as the single-desk -- under a plan supported by Prime Minister John Howard, The Australian newspaper reported on Tuesday.
At one stage in earlier trading, the euro had fallen to 1.3437 dollars, its lowest level against the US currency since April 12. The dollar was meanwhile quoted at 121.45 yen, up from 121.10 in New York on Friday. The
A combined airline would be one of the biggest in Europe. A BA spokesman told AFP in London: "We are not confirming anything tonight, I'm afraid." He suggested however that more information might be available early Tuesday. An Iberia spokeswoman
Blackstone's alternative asset management businesses include the management of corporate private equity funds, real estate opportunity funds, hedge funds and senior debt vehicles. Private equity firms typically buy troubled businesses, restructure them and sell them at a hefty profit. "We
NEW YORK, May 21 (Reuters) - Oil surged more than a dollar to over & #36;70 a barrel on Monday as unrest in Nigeria kept markets on edge for further supply disruptions ahead of the U.S. summer gasoline season.
Barclays, the ninth biggest bank in Europe, has made a friendly 67-billion euro bid for ABN, but the Dutch bank is also being pursued by a consortium of three European suitors led by number four RBS, which has said it
The price spikes have sparked concern among consumers, and from groups like the Consumer Federation of America (CFA). Stephen Brobeck, the CFA's executive director, said American consumers are "clearly feeling the pinch of rising gasoline prices since average household expenditures
That's not the economic response that we hoped for from a reform" of the sector, he continued. The European Commission is to unveil on July 4 new plans to reduce overproduction with a proposal to uproot 200,000 hectares of vines.
A number of bilateral cooperation accords are due to be signed on Tuesday. The UAE prime minister will meet both President Roh Moo-Hyun and his South Korean counterpart, Han Duck-Soo. The UAE is South Korea's second largest crude oil supplier,
NEW YORK, May 21 (Reuters) - Oil surged more than a dollar to over & #36;70 a barrel on Monday as unrest in Nigeria kept markets on edge for further supply disruptions from Africa's top exporter.
There was also strong support for increasing the EBRD's activity in Russia. Lemierre renewed his backing for Russia's entry into the World Trade Organisation, saying, "the trend of their progress is to be part of the global economy." "I hope
Blackstone's alternative asset management businesses include the management of corporate private equity funds, real estate opportunity funds, funds of hedge funds and senior debt vehicles. Private equity firms typically buy troubled businesses, restructure them and sell them at a hefty
A SYDNEY labourer suffered a string of injuries - including being blinded in one eye and having his jaw fractured - when his boss subjected him to repeated brutal assaults, a magistrate has been told.
THE chairman of the remote West Australian Aboriginal community of Kalumburu, which is reeling from a major pedophile investigation, has been charged with child rape dating to 1974.
