Archive for ‘March, 2010’

BlackRock’s Fink Snubs ‘Socialized’ Money-Fund Industry Plan

BlackRock’s Fink Snubs ‘Socialized’ Money-Fund Industry Plan

Laurence Fink, chief executive officer of BlackRock Inc., stands alone among the biggest U.S.

Nigeria Beat BRICs as Mobius Expects Frontier Rally (Update1)

Nigeria Beat BRICs as Mobius Expects Frontier Rally (Update1)

Stocks in the smallest developing markets are beating their larger peers by the most in almost five years and Templeton Asset Management Ltd.’s Mark Mobius says they will keep rallying as consumer demand picks up.

Critics Exploit Télécom Suicides, Ex-Executive Says

Forty-six suicides among workers over two years have given outsiders a crisis to use for their own ends, a former executive contended.

Unemployment and Inflation Rise in Europe

The unemployment rate rose to 10 percent in February.

Dai-ichi Life Surges in Biggest IPO in Two Years (Update3)

Dai-ichi Life Surges in Biggest IPO in Two Years (Update3)

Dai-ichi Life Insurance Co., Japan’s second-largest life insurer, surged in Tokyo trading after the world’s biggest initial public offering in two years.

Merrill, Deutsche Bank End Suit Over Eric Heaton Hiring Raid

Merrill, Deutsche Bank End Suit Over Eric Heaton Hiring Raid

Merrill Lynch & Co has discontinued a lawsuit filed against Deutsche Bank AG that alleged Germany’s biggest bank hired Eric Heaton in a raid of bankers from its financial-institutions group.

Carbon Permits Said to Be in Excess in Europe

New figures are expected to confirm that carbon trading isn’t putting the hoped-for financial pressure on major European polluters.

News Analysis: Risk Is Clear in Drilling; Payoff Isn’t

President Obama set out to attract bipartisan support and increase oil production, but the plan may not do either.

Books of The Times: Roger Lowenstein Traces ‘The End of Wall Street’

The journalist Roger Lowenstein’s anecdotes and analysis cover the lead-up to the financial meltdown and the frantic steps to solve it.

Optimism and Doubt Feed a Duel Over Greece

The strains that appeared in January with the revelation that Greece had been hiding its true deficit continued to show Wednesday.