Monthly Archives:  December 2013

  • Monte Paschi Delays $4.1 Billion Stock Sale

    Full Story | 30th December 2013
    Banca Monte dei Paschi di Siena SpA, the bailed-out Italian bank, will delay a 3 billion-euro ($4.1 billion) stock sale until at least May from the first quarter after its biggest shareholder demanded a postponement.The .
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  • Apple signs iPhone deal with China Mobile

    Full Story | 23rd December 2013
    US technology giant Apple has signed a deal to bring its iPhone to China Mobile - the world's largest carrier.The Chinese firm has more than 760 million subscribers and was one of three networks to .
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  • Fed Finds Elixir for Tapering QE

    Full Story | 19th December 2013
    For six months, the Federal Reserve has struggled to engineer a pullback of its bond-buying program without unhinging financial markets. Yesterday, the Fed did it.After the Fed and Chairman Ben S. Bernanke expressed enough confidence .