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Portugal agrees 78bn euro bailout deal
Portugal’s caretaker government said late on Tuesday it has negotiated a bailout deal with the EU, ECB and the IMF worth €78bn over three years. In a televised address to his n... -
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Delegation commences Greece aid assessment
A team of International and European officials from the EU, ECB and the IMF, commonly referred to as troika, is meeting with Greek government officials to measure its eligibility t... -
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Shell reports Q1 profit rise on high crude oil prices
Anglo-Dutch energy giant Royal Dutch Shell announced a 41 percent rise in first quarter profits due to an increase in world oil prices and improved refining margins, the company sa... -
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J&J to buy Synthes for $21.3bn
Healthcare conglomerate Johnson & Johnson said Wednesday it has agreed to buy the Swiss medical device maker Synthes for $21.3bn in stock and cash. Buying Synthes would be th... -
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Intel Q1 profits up 29%
US computer chip group Intel beat Wall Street’s expectations with a 29 percent year-on-year net profit increase when it published Q1 earnings late on Tuesday. The reported net ... -
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“Corporate governance has to assure integrity”
In February 2011, Nestlé, the Switzerland based nutrition, health and wellness giant, announced yet another year of strong top and bottom line performance, increasing investment i... -
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Brazilian CEO in leadership award
When it comes to consigned credit, Banco BMG is a pioneer in the Brazilian market. The bank began its activities in this segment in 1998. Today, 11 years later, the bank is the und... -
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BESA launches sustainability drive
Since its foundation, the activities of Banco Espirito Santo Angola (BESA) have been underlined by a serious commitment to sustainable development in Angola. The bank believes that... -
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Consistent growth for JIB
Islamic banking continues to maintain its growing force in the financial world, and as a pioneer of Islamic banking services in Jordan and beyond, Jordan Islamic Bank (JIB) is thri... -
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Brazil enters new growth cycle
At the beginning of 2011, the Bradesco brand was considered the most valuable among Brazilian banks in a survey conducted by consulting firm Brand Finance, and the sixth most valua...
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