Asian shares, oil prices and the dollar came under pressure on Monday as politicians in Washington showed no signs of making progress to resolve the U.S. budget standoff, while safe-haven gold inched higher. Financial bookmakers expected European shares .FTSE .GDAXI .FCHI to follow Asia lower and open down between 0.4 […]
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BlackBerry hit with securities shareholder class action
A shareholder of BlackBerry Ltd sued the company and its executives on Friday, accusing them of inflating the stock price by painting a misleadingly rosy picture of the business prospects of its BlackBerry 10 smartphone line. Waterloo, Ontario-based BlackBerry, formerly Research In Motion Ltd, misled investors last year by saying […]
EC, IMF Contributes €20 Million to RTACs in ACP Regions
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The European Commission (EC) and the International Monetary Fund (IMF) Friday said they have signed €20 million contribution to the Regional Technical Assistance Centers in Africa, Caribbean and Pacific Regions. According to Nemat Shafik, Deputy Managing Director (DMD) at the IMF, on October […]
