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Citigroup Inc posted a $1.3 billion quarterly profit on Tuesday, as losses on bad loans fell, but the bank missed estimates on its earnings as it struggled with a slump in revenue. Shares of Citigroup fell about 3.5% to $4.95 in premarket trading. The third-largest U.S. bank, which took $45 billion in U.S. bailout funds [...]
the Porsche 918 RSR hybrid race car to the roll-out of the Chevrolet Sonic minicar 13 hours later, there was plenty of smoke filling Detroit’s Cobo Hall on Monday as the first official press day of the 2011 Detroit motor show got under way. With more than 30 new cars, lorries, concepts and crossovers making [...]
The European Central Bank acted to increase its financial firepower in the euro zone debt crisis on Thursday by deciding to almost double its capital to cope with increased credit risk and market volatility. The ECB, in charge of monetary policy in the 16-nation euro area, announced the move as European Union leaders gathered in [...]
Whether we like or not India must remain aware of what is happening or might happen in our neighborhood i.e. South West Asia i.e. Afghanistan, Iran etc. North Atlantic according to Washington definition now covers the entire world. US led Nato warlords aka military-industry complex in axis with energy and financial interests now consider the [...]
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Amazon.com: The producers of the Superman movies took a shot at revitalizing the myth of Santa Claus with this 1985 feature. Unfortunately, the results were much less compelling than the flagship Superman feature, despite a script by one of the latter’s key writers (David Newman) and a story structure that is essentially a carbon copy of the Man [...]
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