White House sends BP a $69 million bill

15.06.10

The Obama administration has sent a $69 million bill to BP for the U.S. government's efforts to help deal with the energy company's oil spill in the Gulf of Mexico.

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How the union made Europe's weaklings weaker

15.06.10

In the late 1990s, as the European Union touted its grand plan for a single currency, I called Milton Friedman at the Hoover Institution to ask the 20th century's most influential monetarist for his view of how the euro would transform Europe. It was no surprise that the frugal Friedman called me back collect. He always did.

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BP downgraded by Moody's, Fitch

15.06.10

BP's debt rating, a key indication of the corporate world's outlook for the company, was downgraded Thursday by two of the three major credit ratings agencies for the failure to plug a massive oil leak in the Gulf of Mexico.

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Markets go on a Hungary strike

15.06.10

Another European country is angling for admittance into the bad debt club.

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BP: Finances solid, honor 'all commitments'

15.06.10

BP sought to reassure both the general public and investors Friday, saying it has the money to spend whatever it takes to clean up the Gulf oil spill and maintain its dividend.

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A $3.4 billion deal for blood research firm

15.06.10

Grifols, a Spanish health care group that makes blood-plasma treatments, said Monday it will buy U.S.-based Talecris Biotherapeutics for $3.4 billion.

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BP: Stock rises after it reports oil spill progress

15.06.10

BP's stock rose more than 2% in pre-market trading on Monday after the oil giant announced that it is making progress in capping the oil leak in the Gulf of Mexico.

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Check International ETFs here

15.06.10

Check International ETFs here

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Global airline industry soars toward recovery

15.06.10

The global airline industry is expected to pull out of its slump and make its first profit in three years, according to an industry group report Monday.

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Markus Frick: Germany's Jim Cramer, with a criminal twist

15.06.10

In qualifications-obsessed Germany, the baby-faced stockpicker Markus Frick stood out. When his first book in 2001 claimed the former baker had turned 100,000 euro into a million in the space of a year -- and that he could tell investors how to do the same, if they signed up for his seminars and e-mail newsletters -- Germans listened.

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