Iraq – Hamza: On Thursday a car bomb blast near a livestock market in Iraq kills at least 10 people and dozens wounded. In Hamza market near the city of Hilla in Babil province, a car bomb exploded as people were buying and selling cattle. The police said the attack on the crowded cattle market […]
Bird flu situation under control as govt takes adequate steps in N- dists
The bird flu situation remains under full control everywhere in northern Bangladesh following adequate preventive measures taken by the government to check spreading of avian influenza, officials told BSS here on Sunday. Following spread of the bird flu disease at some places and parts of India, concerned authorities of the district and upazila administrations, livestock […]
Iceland Nationalizes Third Major Bank, Halts Stock Trading
In a move to prevent its teetering economy from falling into bankruptcy, Iceland ceased all trading on its stock exchange until Monday, and took over Kaupthing, the country’s largest bank. Awash in Red On Thursday, Kaupthing, Iceland’s largest bank, became the third of the country’s top three banks to be taken over by Iceland’s Financial […]
Stocks up for mortgage giants
Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following the U.S. government’s move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points. The announcement Sunday that the Treasury Department was seizing control of […]
Indian Stock Market Poised for Sunny Days Ahead
The cloudy weather seems to be clearing out gradually in the Indian Stock Market with the Stock Market barometer, the ‘SENSEX’ moving up slowly covering considerable ground in the last 4 weeks, after touching trough at about 12500 points to reaching over 15000 points in the current week, gaining about 20% in the process of recovery. Five major […]
RELAIANCE POWER’S INITIATIVE IN DAMAGE CONTROL
After meeting with unprecedented losses, the Reliance Power promoted by Anil Ambani has initiated a major step in damage control by deciding to consider issuance of BONUS SHARES to all categories of investors, excluding the Promoter’s group. For this purpose, the Company has convened a meeting of its Board of Directors to be held on […]
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