Here's some links to a few interesting Bloomberg, Daily Telegraph, Financial Times, Fox Business Network, Independent, and Investment News stories currently doing the rounds.
Bank of America Corporation has announced that it has agreed to sell approximately 13.1 bn common shares of China Construction Bank Corporation (CCB) in a private transaction with a group of investors.
Humanity is on the cusp of an exciting longevity revolution. The first person to live to 150 years has probably already been born.
A study released earlier this month by Georgetown University’s McDonough School of Business indicates that connections and relationships play a significant role in employee promotions, despite policies and procedures at most companies designed to lower the impact of non-objective assessment and despite general acknowledgment that such favoritism leads to bad decision making.
It looks like it will be almost business as usual for Wall Street Monday, after Hurricane Irene mostly bypassed New York City's main financial district.
Here are links to our top 15 most read business stories from last week.
Here's a note of 13 of the worst recessions / depressions in US history.
Bloomberg reports that Christine Lagarde, the new MD of the International Monetary Fund chief, has warned that the world economy is in a 'dangerous new phase' and that officials must take new steps to strengthen growth.
New York – Hedge fund managers predict global macro strategies will deliver the best returns in 2012 and they continue to see Brazil, China and India as the most rewarding regions for investing, according to a GAIM survey of 185 members of the hedge fund industry.
BDO LLP, the accountancy and business advisory firm, has released its annual M&A Survey, polling the views of CEOs and Financial Directors of mid-market companies.
A French investigation into HSBC's Swiss private bank over a suspected tax-dodging scheme for wealthy customers has ended, bringing it a step closer to a possible trial, a judicial source said on Monday.
Mohamed El-Erian, chief economic adviser at Germany-based Allianz, told CNBC on Tuesday that a Greek exit from the euro would cause "short-term chaos," but it would not bring the global economy to its knees.
Frits van Paasschen, president and chief executive of international hotel chain Starwood, has resigned "by mutual agreement with the board of directors," according to the company.