The richest countries in the world must have either a small population combined with a very wealthy ruling class, or a large middle class and a wealthy top tier. See who makes 24/7 Wall Street’s list of the top 10 wealthiest na…
Ford Motor (F) will slash its stake in Mazda Motor to 3.5% from 11%.
The deal, which is expected to be completed Friday, will mean that Ford is no longer the top shareholder in Mazda, The Associated Press said. Ford has been Mazda’s biggest sharehold…
BP (BP) may have ignored potential risks related to the Deepwater Horizon drilling rig and the company suffered from a “lack of operating discipline” according to an interim report.
The report from the National Academy of Engineering and National Res…
Oil prices continued a three-day decline Tuesday on concerns that a slow global economy would lead to weak demand. All together, prices have fallen some 6% since late last week.
Continue reading Economic Concer…
The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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