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Mon, 13 Oct 2008 11:13 PM
Oil prices rallied Monday, lifted by a burst of optimism after world leaders formed a united front to tackle the global financial crisis.
Mon, 13 Oct 2008 11:13 PM
Oil prices rallied Monday, lifted by a burst of optimism after world leaders formed a united front to tackle the global financial crisis.
Mon, 13 Oct 2008 11:13 PM
Shares in Morgan Stanley soared 87 percent on Monday after the US investment bank secured a cash injection of 9.0 billion dollars from Mitsubishi UFJ Financial Group, Japan's largest bank.
Mon, 13 Oct 2008 04:58 PM
Mitsubishi UFJ Financial Group, Japan's largest financial group, secured a sweeter deal to invest 9.0 billion dollars in Morgan Stanley on Monday, giving a vital boost to confidence in the ailing US bank.
Mon, 13 Oct 2008 10:36 AM
"Raw material and input costs continue to escalate as energy costs remain elevated and extremely volatile and shortages of key raw materials have occurred due to force majeure events," said E. Bryan Snell, global business director -- DuPont Titanium Technologies. "This increase is supported by a strong global demand f...
Sun, 12 Oct 2008 01:44 PM
Dubai-based post-production house Blackstone Studios, which relocated to Dubai Studio City last month, has installed Flame 2009 at its new facility. The US $1 million investment will create a more robust 3D compositing environment for Blackstone Studios and enable it to produce advanced graphics at a much faster pace. ...
Sun, 12 Oct 2008 04:43 AM
Developing countries backed a Group of Seven plan to tackle the financial crisis, a 'first' step in global coordination to restore order to global markets, IMF head Dominique Strauss-Kahn said.
Sat, 11 Oct 2008 07:58 PM
US President George W. Bush said Saturday the world's richest economies were united on a "serious global response" to the financial meltdown, as the eurozone countries prepared for a crisis summit.
Sat, 11 Oct 2008 05:28 PM
The financial crisis sweeping the global economy is one of the most serious challenges ever, leading to a sharp slowdown in growth, US Treasury Secretary Henry Paulson said on Saturday.
Wed, 08 Oct 2008 01:29 PM
By its very nature, the design industry is required to push boundaries. Creativity is the order of the day and interior designers that fail to innovate do so at their peril. But while there are few parts of the world where terms like 'groundbreaking', 'revolutionary' and 'one-of-a-kind' are bandied about so liberally, ...