Nationalised lender Irish Nationwide has had a near 100 percent take-up for its coercive buyback of £146.2m ($236m) of subordinated debt at an 80 percent discount. The lender, being wound down as par...
Do what you like. Just count us out. That, in essence, is the message that Britain is sending its European partners as the 17 countries that share the euro move towards closer economic integration. In...
With a leading Republican candidate yet to emerge, the biggest risk to President Obama’s quest for a second term next year is a jobless rate that has hovered between 9 and 10 percent for months. Mar...
South Africa’s Nedbank beat expectations with a nine percent increase in annual profit, helped by a fall in bad debts, and said it expected further growth in the coming year. South Africa’s fourth...
While crafting the accolade of Company of the Decade, it has become the opinion of the World Finance editorial team that – more than any other time in the past hundred years – the preceding 10 yea...
Peruvians are very proud of one important fact: the country is growing and World Bank figures prove it. 2011 will be remembered as the year the Peruvian economy grew nine percent, an incredible rate r...
Porvenir is a leading provider of pension and severance pay fund management services in Colombia, South America’s second most populous country after Brazil. The company has 33 offices and 10 service...
With the collapse of natural gas and oil prices, Trinidad and Tobago operated on a budgetary deficit to the tune of TTD3.8bn in the 2010 fiscal year. Net public sector debt is estimated at 49.4 percen...
In July 2006, Companhia Energética de São Paulo (CESP) joined BM&FBovespa´s Corporate Governance Level One, which consists of a set of rules governing the relationship between the controlling ...
In 1872, a young Italian engineer called Giovanni Battista Pirelli established Pirelli & C. in Milan and opened a plant manufacturing rubber articles. A century and a half later, Pirelli is now t...