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Archive: News / Biz / Business & Finance (5 Stories)

Britain scales back loan program

11/28/2013 8:37am
The Bank of England has scaled back a loan program meant to spur economic recovery, amid fears that cheap mortgages could inflate a housing bubble.

Iran sanctions eased, but pinch still felt

11/28/2013 10:11am
The sanctions relief offered to Iran by the U.S. and five world powers has begun to get the gears of commerce slowly turning again in an economy that remains in shambles.

Venezuela secures loan from Russia's Gazprom

11/28/2013 2:25pm
Venezuela's state-run oil company has secured $1 billion in financing from Russia's Gazprom to help the oil-dependent economy boost sagging output.

Australia rejects ADM's proposed GrainCorp buyout

11/28/2013 3:42pm
The Australian government has rejected Archer Daniels Midland Co.'s bid to acquire grain handler GrainCorp Ltd, saying the proposed buyout would be contrary to the national interest.

Holiday shopping season begins on Thanksgiving

11/28/2013 9:23pm
Shoppers gobbled turkey, but saved the pumpkin pie for later on Thanksgiving Day.