05 July 2010

The latest News from the Financial world

Poor Queen can't afford to fix palace roof
QUEEN Elizabeth II must put off repairs to her crumbling royal palaces after the Government cut the grant she receives for maintenance.

Teacher loses hand for Muhammad slight
TWO Indian men have been arrested over an attack on a college teacher who had his hand cut off for setting an exam question that allegedly insulted Muslims.

Big Bang telescope captures first image
A SPACE telescope that reveals how the universe came to life after the Big Bang returned its first image this morning.


Who do Americans blame for economy?
Republicans say it's time for President Obama to drop the Bush bashing and take ownership of the economy.

BP braces for a shake-up at the top
Read full story for latest details.

Facebook to recognize faces
Facebook has begun testing face detection technology for Facebook Photos.


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Economic Outlook: Data void is likely to add to tension
A week lacking many significant statistical releases is likely to make traders fret over fears of a double-dip recession, while central banks decide on interest rates read more

Investors hope for some cheer from earnings
Investors will look to US companies to repeat last quarter’s stellar earnings performance when they begin reporting second-quarter results next week read more

Europe’s bourses make tentative gains
European shares fail to repair much damage from last week’s heavy losses as the benchmark index for the region edges up during a thin session of trading read more

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