Browsing Category News
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Kirchner’s diminishing returns
First elected as Argentinian President in 2007, Cristina Fernández de Kirchner began her term riding a wave of popularity. The election wasn’t even close, with Kirchner winning ... -
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Burj Bank cement strong reputation
Founded in 2007, Burj Bank – formerly known as Dawood Islamic Bank – has a distinguished history, spanning more than five years, as a central pillar of Pakistan’s Islamic Ban... -
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The year ahead – a GCC perspective
2012 was an eventful year, with the key global central banks announcing fresh stimulus measures, bringing in a much-needed respite for asset markets. Globally, economic data remain... -
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Boubyan Bank building on successful strategy
By the end of 2012, we at Boubyan Bank had completed the first three years of our Five-Year Strategy (2010-2014). The strategy has certainly realised many of its objectives; last y... -
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The innovation equation
When George Stephenson invented the steam locomotive and then went on to build the Stockton and Darlington railway in 1821, he changed the way people and merchandise got around for... -
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Cyprus to request €2bn of its own loan to Greece
He is due to commence talks with Greek Prime Minister Antonis Samaras today, with the two countries financial situations being the main point of discussion. Reports indicate that A... -
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Obama reluctantly signs sequester
After last minute discussions failed to reach a consensus, the American Congress was unable to prevent a wave of unpalatable cuts coming into effect. President Obama has since sign... -
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US home sales hit 5 year high
New figures from the US Department of Housing and Urban Development reveal that sales of new single-family houses in January rose 15.6 percent above the December 2012 rate, and 28.... -
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UK loses triple A rating for the first time in over three decades
The pound slipped to a two-year nadir as news that Moody’s Investor service became the first ratings agency to downgrade the UK from its triple A score since 1978. Domestic and f... -
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Novartis scraps payout
Departing chairman of Novartis, Daniel Vasella was set to receive a payout of $78m over six years, supposedly for consulting services and a very strict non-compete agreement. But t...
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