amani mansour Almohammad

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S&P, Dow Close at Record Highs as Global Worries Ease

U.S. stocks rose on Tuesday, lifting the Dow and S&P 500 to their loftiest levels ever, as a $66 billion deal by Actavis for Allergan helped drive gains in the health care sector and a gauge of sentiment among U.S. home builders increased more than expected.<p>The Dow Jones industrial average rose …

New York’s financial regulator wants bankers where it can see them

As the saying goes, the cover-up is often worse than the crime.<p>That seems to be the lesson of the latest fine levied against Bank of Tokyo-Mitusbishi UFJ (BTMU), which was hit today by New York’s financial regulator with a $315 million penalty. That’s on top of a $250 million fine by the same …

Keystone pipeline measure fails in Senate by one vote

Senators narrowly rejected a bill Tuesday that would have authorized the Keystone XL pipeline, the controversial spigot for transporting Canadian oil …

Brazil’s doomsday economics: Living with the ghost of hyperinflation

When Monica Tostes and her family renovated their apartment in Rio a few years ago, she insisted on one thing: A pantry.<p>Space might be limited here in one of the world's most expensive real-estate markets, but she needed somewhere to store the haul from the massive shopping trip she does at the …

Millennials Want to Lead. Are They Ready?

<i>In the near future millennials will occupy every consequential leadership position in the world, be it in business, academia, government, or in the non-profit sector. Will they be ready to lead?</i><p>Contrary to popular belief, millennials (the generation born between the years 1984 and 1996) around the …

Exclusive: Iran uses China bank to transfer funds to Quds-linked companies – report | Reuters

NEW YORK/LONDON/SHENZHEN (Reuters) - There is no trace of Shenzhen Lanhao Days Electronic Technology Co Ltd at its listed address in the beige and pink-tiled “Fragrant Villa” apartment complex in this southern Chinese city. The building’s managers say they’ve never heard of it.<p>A general view of the …