Browsed by
Miesiąc: grudzień 2011

World markets end tough year on high note

World markets end tough year on high note

Overseas stock markets closed a difficult year on a slightly positive note Friday, as markets in London and most of Asia closed slightly higher for the day while other European markets were also holding gains ahead of their close.

10 Japanese comeback cars for 2012

10 Japanese comeback cars for 2012

Whatever happened to Japan’s plans to conquer the U.S. auto market? There’s a lot of talk about the revival of the Detroit Three (Ford’s dividend, Chrysler’s new life, GM’s small cars) but the once-feared Japanese Three and their smaller siblings are struggling. Pummeled by earthquakes at home and floods abroad, and punished by the strengthening of the Japanese yen, Toyota, Honda, and Nissan have been pummeled this year. News of their activities has been pushed to the back pages while…

Read More Read More

Remembering the many Václav Havels

Remembering the many Václav Havels

FORTUNE — How should Václav Havel be remembered? Former Czech president and writer Vaclav Havel died on December 18, 2011. During my first encounter with him, in Prague in 1984, when everything seemed hopeless, I was struck by the man’s hedgehog resilience. Here was a rarity: an unusual figure, intense but witty, a clear-headed thinker and a wonderful writer, a courageous individual blessed with a razor-sharp sense of irony; a chain-smoking man of letters whose fate was politics and (most…

Read More Read More

SEC slaps insurance giant with bribery fine

SEC slaps insurance giant with bribery fine

Insurance giant Aon has agreed to pay more than $16 million in fines to settle charges that its subsidiaries bribed foreign government officials, the Securities and Exchange Commission announced Tuesday.

Eurozone pledges €150 billion to IMF

Eurozone pledges €150 billion to IMF

European finance ministers announced plans for euro area governments to funnel €150 billion into the International Monetary Fund, according to statement issued Monday following a lengthy conference call.

AT&T kills $39 billion bid for T-Mobile

AT&T kills $39 billion bid for T-Mobile

Facing heavy resistance from the U.S. government to its $39 billion bid for T-Mobile, AT&T on Monday officially killed off the deal that would have created by far the nation’s largest wireless company.