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Bank of America sells China bank stake - AOL
HONG KONG (Reuters) - Bank of America Corp , coping with tough economic conditions, raised $2.83 billion by selling part of its stake in China Construction Bank Corp 601939.SS>, and Hong Kong's richest tycoon sold a $500 million stake in rival Bank ...
Read more...Gas supplies to Europe cut off amid Russia-Ukraine row - South China Morning Post
All supplies of Russian gas to Europe that travel through Ukrainian pipelines were halted yesterday, with Kiev and Russian energy giant Gazprom trading accusations about who was to blame. Valentyn Zemlyansky, spokesman for Ukraine's state gas company ...
Read more...Movers: Intel, Time Warner, Alcoa, Monsanto, Satyam - BusinessWeek
Intel ( INTC ) sees lower-than-expected fourth quarter revenue of about $8.2 billion, down 20% sequentially, down 23% year over year. The chip maker cites further weakness in end demand and inventory reductions by customers in the global PC supply ...
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