Wednesday, April 7, 2010 as of 11:14 AM ET
The World Bank is an international financial institution that provides loans to developing countries for capital programs.
Read More at Wikipedia ›Eurasian Natural Resources Corp PLC (ENRC.
LN) said Friday it has appointed two new independent non-executive board directors, and promoted another to senior independent board director, to try and strengthen the expertise and independence of its board.ENRC chairman Mehmet Dalman, who took the helm of the board in February as a independent, non-executive board member, had previously said he wanted to bring "fresh blood" to ENRC's board after the company had completed its corporate governance review, and in order to help guide the company through the development of its project pipeline in Africa and Brazil.The two new board members, Richard Burrows and Mohsen A. Khalil, will join the board from the close of the company's annual general meeting on June 12, while existing independent board member Terence Wilkinson will become the senior independent board member, a post previously held by Dalman before he became chairman, with immediate effect.The additions bring ENRC's total board of direct...Emerging markets are attracting investors' attention as rapid growth offers new investment opportunities. Investors looking for exposure to Brazil, Russia, India an...
Dick Bove, Rochdale Securities SVP of Equity Research, and Radio Talk Show Host Nancy Skinner weigh in on the potential dangers of big banks.
J.P. Morgan Worldwide Securities Services said Tuesday it will provide private-equity fund administration services to 8 Miles Fund I, a pan-African fund backed by Bo...
According to a new study conducted by Gallup and the World Bank , 89% of adults in high-income countries report having a bank account, but that number plummets to 41...
China's largest oil company and its biggest commercial bank have shown strong interest in joining an Ecuador-Venezuela refining project planned for Ecuador's Pacific...
Earlier this month, polling agency Gallup released its 2011 global unemployment statistics for 148 countries. Of the nations Gallup surveyed, nine had unemployment r...
International mining group Rio Tinto PLC (RIO) said Wednesday it, and Chinalco's listed subsidiary Chalco, have completed the formation of their joint venture to dev...
The European Union has warned Argentina that it risks jeopardizing trade ties over Buenos Aires' plans to expropriate a unit of Spanish oil company Repsol YPF SA (RE...
The Group of 20 nations on Friday were poised to commit at least $400 billion to bulk up the International Monetary Fund's war chest to fight any widening of Europe'...
It is too early to talk about an exit strategy for the European Central Bank's monetary policy, the central bank's vice president said Friday. Speaking on the sideli...
The lending capacity of the European Union's "firewall" bailout-lending fund is "substantial" and "underestimated," said Klaus Regling, chief executive officer of th...
European stock markets opened mostly lower on Friday, with investors expected to keep an eye on the first day of the International Monetary Fund and World Bank, annu...
The European Bank for Reconstruction and Development's 63 government shareholders Friday chose the U.K.'s Suma Chakrabarti from among five candidates to become its n...
Spanish oil firm Repsol YPF SA (REP.MC) said Wednesday it had filed a lawsuit against Argentina in a court in New York after the country nationalized the company's l...
Repsol YPF SA (REP.MC) Tuesday begun a legal battle against Argentina's seizure of its local unit last month, the Spanish oil company's first move to try to secure p...
Former Treasury Secretary Paul O’Neill on whether the government should bail out larger failing companies.
Czech power company CEZ AS (BAACEZ.PR) is working to resolve pricing issues in Albania but while it may be able to reduce the size of its loss later this year it doe...
Czech power company CEZ AS (BAACEZ.PR) is working with the World Bank and the Czech state to protect its investment in Albania and is ready for any legal battles tha...
China Construction Bank Corp. (0939.HK), one of China's biggest banks, is in talks to buy the South American assets of ailing German lender WestLB AG, in a deal that...
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