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Gold trade steady
Equities and commodities rose after Italy and Greece rushed to form new governments to save the indebted nations from bankruptcy and fend off a wider financial meltdown in the eurozone, Reuters reported. Italy's new Prime Minister Mario Monti will face
Updated: 11/15/2011 04:36A
Lawyers line up against MF Global
Just days after the collapse of MF Global, a health-care plain-tiffs' lawyer registered the domain mfglobal-lawsuit.com, a sign of the legal business the brokerage's failure is expected to generate.
Updated: 11/15/2011 04:28A
Party divisions threaten bailout deal
Greece's conservatives vowed Monday to reject any new austerity measures in re-turn for the aid that is keeping Athens from bankruptcy, signalling a new coalition
Updated: 11/15/2011 04:27A
House speaker says Hungary committed to “saving middle classes” from bankruptcy
To another question asking whether former Prime Minister Ferenc Gyurcsany may not be given an opportunity to form a parliamentary group of his own, the house speaker said that parliament should consider a law to ban deputies that leave their party to
Updated: 11/15/2011 04:24A
Deutsche Bank CEO under investigation for giving false testimony
Prosecutors are investigating the head of Germany's biggest bank, Josef Ackermann, on charges that he gave false testimony during the 2002 bankruptcy trial of German media tycoon Leo Kirch. Investigators in Munich searched offices of Deutsche Bank's
Updated: 11/15/2011 04:22A
Workers sue over MF Global
Fallout from MF Global Holdings Ltd's bankruptcy intensified as a US regulator subpoenaed a bank that held some of its customers' money, while some of the 1066 workers fired from the futures brokerage last week filed three lawsuits over their sudden
Updated: 11/15/2011 04:20A
Business Watch
TORONTO -- Leon's Furniture Ltd. raised its quarterly dividend by 11 per cent Monday as the retailer said it continues to maintain a strong financial position despite lower third-quarter profits and sales. The furniture and appliance retailer said
Updated: 11/15/2011 04:19A
Papademos says “our membership of the euro is the only choice”
The newly appointed Prime Minister in Greece Lucas Papademos said "our membership of the euro is the only choice," referring that his country will be prone to bankruptcy if it did not follow the EU/IMF program announced on October 26.
Updated: 11/15/2011 04:10A
Bankruptcy proceedings of Mirax Group subsidiary to be resumed on Nov. 21
A commercial court shelved until November 21 in hearing the application filed by a security agency for the bankruptcy of Kutuzov Riviera Management Company, a Mirax Group subsidiary, the Russian Legal Information Agency (RAPSI) reported from the
Updated: 11/15/2011 04:05A
Securities Law Firm of Tramont Guerra Nunez, PA Investigates Investor Claims
On November 3, 2011, MF Global reported in a SEC filing Form 8-K that the company, “filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District
Updated: 11/15/2011 03:51A
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