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Foto : Eric Holder's Justice Department USA
Government investigating Standard and Poor's

WASHINGTON (AP) — The Justice Department is investigating whether the Standard & Poor's credit ratings agency improperly rated dozens of mortgage securities in the years leading up to the financial crisis, The...
Washington, 19.08.2011 more...
Foto : London
BBC: House sellers drop prices for the second month in a row

"Sales have been held back by the reality gap in the market, with asking prices rising for most of this year while selling prices have been flat. However, Rightmove says asking prices dropped by 2.1% this...
London, 15.08.2011 more...
Foto : Ilustračné
StarBev eyes international expansion for Staropramen

StarBev has announced ‘significant investments’ in its Staropramen brand, as it eyes international expansion. The company has invested €1.2m in a new visitor centre at its Staropramen brewery in Prague,...
Prag, 08.08.2011 more...
Foto : Brazilian President Dilma Rousseff
Brazil's Defense Minister Is Ousted

By PAULO PRADA Brazil—President Dilma Rousseff, prompting the third departure among senior cabinet members in recent months, moved Thursday to replace the country's long-serving defense minister after...
SÃO PAULO, 05.08.2011 more...
Foto : Ilustration
Italy Seizes Ratings Agency Documents

Italian prosecutors may have come up with a novel way to fix their country's hemorrhaging markets and the world's absence of confidence in the country's solvency. Today, authorities stormed into the Milan...
Roma, 04.08.2011 more...
Foto : People toast with beer mugs in Munich in this September 21, 2010 file photo. 

Credit: Reuters/Michaela Rehle
Germans brew more beer for first time since 2007

(Reuters) - Warm weather and a strong export market in the first six months of the year have helped German brewers reverse a long decline in beer production. The total volume of beer produced in Germany in...
Berlin, 01.08.2011 more...
Foto : Election in Turkey 2011
Turkey: Military chiefs resign en masse

The chief of the Turkish armed forces, Isik Kosaner, has resigned along with the army, navy and air force heads. They were furious about the arrest of senior officers, accused of plotting, shortly before a...
Ankara, 31.07.2011 more...
Foto : Ilustration
Wood-processing Company Kronospan Announces Mass Lay-offs

Presov, August 1 (TASR) - Presov-based wood-processing company Kronospan told the local labour office last week that it is about to make around 94 people redundant in the near future, company executive Dusan...
Prešov, 30.07.2011 more...
Foto : Ilustration
Cyprus government resigns amid bailout rumours

Cyprus's cabinet tendered its resignation today (28 July) bowing to political and public pressure for a broad reshuffle after a massive munitions blast that has threatened to force the island into asking for...
Larnaca, 28.07.2011 more...
Foto : Herd of cows
Dairy production & trade

International Dairy Production Annual global milk production is estimated to be 644 million tonnes, of which 84 per cent or 541 million tonnes is cows’ milk. Production of buffalo, sheep and goats’ milk is...
Australia, 27.07.2011 more...
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