Business News

Central banks and challenges of financial stability

  Friday, 25 June 2010   John Lipsky, first Deputy Managing Director, International Monetary Fund (IMF), delivered this lecture at the International Conference on Central Banks and Development of the World Economy, in Moscow,Today, countries around the world are working to improve the financial systems’ resilience, starting with financial institutions […]

Insurance: Why huge unpaid premiums persist

  By Friday, 25 Jun 2010    The inability of insurance operators to have a good check-process that will enable them to know whether a customer has paid his premium or not has been identified as a major reason for the huge unpaid premiums in the industry.This is because a […]

BP shares down, spill-related legal battles rage

  Reuters On Thursday June 24, 2010, 11:00 pm EDT By Ernest Scheyder VENICE, Louisiana (Reuters) – The Gulf of Mexico oil spill entered its 67th day on Friday with BP’s New York share price at year lows and bad weather looming that could hamper clean-up and containment efforts. The […]