Georgescu Radu Florin

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Russia is burning through its dollar stockpile

Russia's reserves have fallen by more than $100 billion, from $469.9 billion in June, as the collapse in global oil prices sent the Russian currency tumbling.<p>Russia relies on oil and gas revenue for about 10% of GDP and half of federal budget revenues, so when the price falls, so does the …

Crude Oil Prices

Man’s best friend may truly love us after all

Scientific evidence proves that dogs know when we're happy or sad. And they prefer us to be happy<p>I keep laughing out loud on the London Underground. The cause is a series of posters featuring an egotistical dachshund. Sausages are some of the most expressive dogs around, having an imperial …

Hackers rob US and global banks of millions in one of the largest heists ever

Banks in Russia, Japan, the US, and Europe have fallen victim to a massive, sophisticated malware hack, allowing the perpetrators to steal hundreds of millions of dollars since 2013. According to a Kaspersky Labs report provided to the <i>New York Times</i>, more than 100 banks in 30 nations have been …

Two civilians 'killed after start of Ukraine ceasefire'

An elderly man and woman died after Grad missile fire hit the town of Popasna in the Lugansk region some 20 minutes after the truce came into force at 2200 GMT Saturday, local governor Gennadiy Moskal said.<p>The firing came from an area that Kiev says is under the command of a renegade group of …

Russia

The Russian buying boom in Spain has ended

The sharp fall of the Russian currency, driven by slumping oil prices and sanctions over Moscow's backing for separatists in Ukraine, knocked some Spanish estate agents back down just as they were staggering to their feet.<p>"Russians are not buying right now," said Ramon Riera, president of FIABCI …

Google's co-founders are about to sell $4.4 billion worth of shares

It's basically an extension of a plan that was previously in place but expired at the end of January.<p>As of January 30, 2015, Brin and Page held approximately 44.6 million shares of Google Class B stock and another 44.6 million shares of Class C stock.<p>Under the new trading plan just filed, they will …

News Media

6 Mistakes to Avoid During an International Business Trip

As an author and former CEO of a 2.5 billion international solar energy company with plants in over 30 countries, I have lived overseas for long periods of time and put more than 4 million miles on United while traveling for business and pleasure.<p>During that time I experienced plenty of travel …