Japan Airlines to relist shares

Saturday, January 7, 2012 Japan Airlines (JAL) is planning on relisting its shares in an IPO on the Tokyo Stock Exchange. By September, JAL shareholders intend to sell between ¥500 billion and ¥1 trillion (US$6.4b – US$12.8b, €5b – €10b). If the sale goes into high-end estimates, it will make …

US stock markets reach 12-year lows

Thursday, March 5, 2009 US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating. The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing …

Witnesses expose big corruption scheme of the Brazilian ruling party

Wednesday, June 29, 2005 São Paulo, Brazil — Several witnesses are denouncing the government of President Luiz Inácio Lula da Silva and the ruling Workers’ Party (PT). Below are some of the main denunciations and witnesses. In May, the Brazilian deputy Roberto Jefferson was involved in an alleged corruption scheme …

G20 agrees to avoid currency war, also agrees to reduce trade imbalances

Tuesday, October 26, 2010 The Group of 20 (G20) of the world’s leading developed and developing countries’ finance ministers agreed on Saturday to pursue a plan that would avoid dangerous currency devaluations and would also would attempt to reduce trade imbalances. The plan was introduced by the United States, and …

Chilean miners trapped after mine collapse; miscalculated drilling delays rescue

Wednesday, August 11, 2010 A gold mine collapse in Copiapó, Atacama Region, Chile has trapped 33 miners since last Thursday. Another collapse occurred on Saturday, that provoked temporary suspension of the rescue works. Rescue efforts were first focused on a ventilation shaft, but attempts to reach the miners failed. Rescuers …