The Swiss-based commodities trader Glencore has announced its intentions to go public. The main offer could raise as much as $11 billion, but would force the secretive company to open its books.
Now that we have Republican and Democratic deficit plans, lawmakers in both parties are saying they might link mandatory cuts in spending to raising the debt limit.
As Cuba prepares to hold its first Communist Party Congress in 14 years, the socialist country works through the kinks of a budding free enterprise system.
The Senate panel investigating the cause of the financial crisis has released a report today containing new information on what lead up to the banking collapse. Senator Carl Levin is now calling for an investigation into Goldman Sachs for misleading Congressional investigators.
Brazil, Russia, India, China and South Africa concluded their one-day summit in China today. The so-called 'BRICS' countries are calling for changes to the global financial syste.
Street demonstrations outside BP's annual shareholder meeting in London are protesting about the Gulf of Mexico oil spill. But inside the meeting, investors are focusing on Russia — and BP's future there.
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