 Venezuela expands China oil-for-loan deal to $8 billion
 23.05.2012 2:30  0 views  0 comments
From:
news.yahoo.com
CARACAS (Reuters) - Venezuela's Congress voted on Tuesday to double the amount the government can borrow from China under a deal that lets the OPEC nation repay loans with oil, potentially adding to the debt burden taken on under President Hugo Chavez. China has become the single biggest foreign source of financing for Venezuela's socialist government, which is borrowing heavily to fund state spending on welfare and infrastructure projects ahead of an October 7 election. ... Czytaj więcej »
| Microsoft says 350 million Windows 7 devices will ship by the end of 2012
23.05.2012 2:00 0 views 0 comments
From:
news.yahoo.com
 Despite the fact that Windows 8 is expected to launch in October, Microsoft still has high hopes for its Windows 7 operating system. The software giant predicts that 350 million Windows 7 devices will ship by the end of 2012, Bloomberg reported. “It makes Windows the most popular single system,” Microsoft CEO Steve Ballmer said at a forum in Seoul, South Korea, although he didn’t provide any figures for comparison. Windows 7 was released in October 2009 and within two years, the operating system surpassed Windows XP to become the world’s most popular OS. Read
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| Venezuela expands China oil-for-loan deal to $8 billion
23.05.2012 1:48 0 views 0 comments
From:
news.yahoo.com
CARACAS (Reuters) - Venezuela's Congress voted on Tuesday to double the amount the government can borrow from China under a deal that lets the OPEC nation repay loans with oil, potentially adding to the debt burden taken on under President Hugo Chavez. China has become the single biggest foreign source of financing for Venezuela's socialist government, which is borrowing heavily to fund state spending on welfare and infrastructure projects ahead of an October 7 election. ... Czytaj więcej »
| Alabama's Jefferson County votes to skip bond payment
22.05.2012 23:13 0 views 0 comments
From:
news.yahoo.com
BIRMINGHAM, Alabama (Reuters) - County legislators for Alabama's bankrupt Jefferson County voted unanimously on Tuesday to skip a $15 million payment due October 1 on about $200 million of Jefferson County general obligation warrants. The cash-strapped county declared bankruptcy in November with slightly more than $4 billion in debt, which is the largest municipal bankruptcy in U.S. history. Last month, Jefferson County skipped - for the first time - a $15 million GO bond payment as officials said they needed the money to pay for basic government services. ... Czytaj więcej »
| FINRA fines Citigroup Global Markets $3.5 million
22.05.2012 15:26 0 views 0 comments
From:
news.yahoo.com
 (Reuters) - The Financial Industry Regulatory Authority (FINRA) has fined Citigroup Global Markets $3.5 million for providing inaccurate information related to subprime securitizations. The brokerage and securities arm of Citigroup posted inaccurate mortgage performance data on its website from January 2006 to October 2007, the regulator said in a statement, adding that the data remained on the website until this month. ...
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