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Market - This oil stock crashed 29% this week

Weatherford International, one of the world`s biggest oilfield services companies, is in crisis mode. Its stock has plunged nearly 29% this week, its biggest weekly drop since 2008, amid rising concerns about a cash crunch.

Friday, May 06, 2016  17:02


World - Russia says U.S.-Georgian military exercises could destabilize Caucasus

Russia`s Foreign Ministry said on Friday that military exercises by the United States and neighboring Georgia later this month were a provocative step that could destabilize the Caucasus region. Russia said the exercises were scheduled for May 11-26 and that the United States was indulging the `revanchist desires of Tbilisi`. Russia and Georgia fought a war in 2008 and Russia backs the breakaway regions of South Ossetia and Abkhazia on the Russian-Georgian border.

Friday, May 06, 2016  19:09


Most Recent - Carly Fiorina praises Hillary Clinton in 2008 video

Friday, April 29, 2016  18:40


Business - Yen`s best week since 2008 crisis hits stocks and dollar

By Jamie McGeever LONDON (Reuters) - The yen hit an 18-month high on Friday as investors wagered the Bank of Japan might be done adding fresh stimulus to the economy, culminating in a sharp rise on the week that dragged stocks around the world lower. With Japan on holiday, speculators drove the yen through 107.00 per dollar for the first time since October 2014. It was around 112.00 before the BOJ unexpectedly held policy steady earlier this week.

Friday, April 29, 2016  13:14


World - Eurozone economy speeds up, reaches size it was back in 2008

LONDON (AP) — It`s been a long and tortuous journey, but the eurozone economy is finally back to the size it was before the global financial crisis.

Friday, April 29, 2016  13:14


NBA - Raptors beat Heat in overtime, tie series at 1-1

Kyle Lowry and DeMar DeRozan continued to struggle, but the Raptors got it done.

Friday, May 06, 2016  05:09


NBA - Raptors start hot, force 11 first quarter TO`s

The Raptors came to Game 2 ready to play.

Friday, May 06, 2016  02:04


World - Kosovo Serbs worried about EU proposal for visa-free travel

Kosovo Serbs voiced concerns on Thursday about an EU proposal to allow visa-free travel for citizens of Kosovo, fearing it would force the Serb minority to recognize the territory`s disputed independence. Kosovo Serbs, who have followed Belgrade`s lead and have refused to acknowledge Kosovo`s 2008 independence from Serbia, are still considered Serbian citizens.

Thursday, May 05, 2016  19:37


Top Stories - Fact check: Hillary Clinton wasn`t a `birther`

Donald Trump again has repeated the false claim that Hillary Clinton “started” the so-called “birther” movement against Barack Obama in 2008...

Thursday, May 05, 2016  16:54


Business - Failure to tackle age-related spending may damage credit ratings: S&P

Facing aging populations and ballooning healthcare and pension bills, governments must reform welfare systems or face a deterioration in their credit ratings, Standard & Poor`s said in a report on Thursday. The ratings agency looked at 58 nations to assess the economic consequences of demographic changes and concluded that unless countries implemented reforms, more than a quarter of them could have `speculative-grade`, or junk, ratings by 2050. `Over the last five to six years, many sovereigns have introduced structural reforms, and at the same time they have been reducing deficits, which widened very significantly in the aftermath of the financial crisis in 2008,` said Marko Mrsnik, director of sovereign ratings and one of the report`s authors.

Thursday, May 05, 2016  12:24

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