19 Oct 2004 11:53 AM

The UK No. 3 supermarket chain J. Sainsbury said it will increase the number of its jobs by 3,000 within the job cuts at a head office.

14 Oct 2004 07:41 AM

Mendoza province in Argentina received a US district court ruling which says Mendoza will get the extermination of debt exchange term. The dispute was with the U.S. hedge fund. Now the ruling allows Mendoza to restructure $250 million of bonds

13 Oct 2004 05:05 AM

The U.S. largest public pension funds said they would claim for the right to have voice in Walt Disney Co.’s board of directors. The funds are now having an option to vote for shareholders to be able to nominate up to two directors at Disney’s

12 Oct 2004 09:02 AM

Tuesday’s report is expected to show retirement savings to be reduced within prior estimations, analysts say. ``Individuals have to realize that if they want to retire at 60 or 65 they’ll probably have to save rather a lot. If they’re willing to retire at 70, the savings rate they require will be very significantly less,’’ Adair Turner, European

08 Oct 2004 09:46 AM

David Robinson, deputy director of the IMF’s research department, said on Thursday oil prices may impact global economy for years.

05 Oct 2004 08:12 AM

Hedge funds, developing fast, now may lose their strategies. Despite of that there are some significant areas for them to be involved, JPMorgan recent research showed.

01 Oct 2004 07:24 AM

In its global economy outlook the International Monetary Fund predicted worldwide output to lift 5% despite of worries about high oil prices. New figure is just 0.4% higher from the prior 4.6% of growth forecast still shows more optimistic outlook. IMF economists

30 Sep 2004 09:29 AM

In its global economy outlook the International Monetary Fund predicted worldwide output to lift 5% despite of worries about high oil prices. New figure is just 0.4% higher from the prior 4.6% of growth forecast still shows more optimistic outlook. IMF economists

29 Sep 2004 11:01 AM

Foreign exchange markets showed record high results at $1,900 billion a day as the traders are more and more interested in assets and hedge funds currency bets.

27 Sep 2004 08:03 AM

J.P. Morgan shows intention to buy a majority stake in Highbridge Capital Management in $1 billion deal, people say.

24 Sep 2004 09:43 AM

Morningstar, a fund company, will possibly face Securities and Exchange Commission civil charges for violating securities laws.

22 Sep 2004 01:43 PM

Mutual funds beware of being involved into a scandal connected with a fund tracker Morningstar, which has an option to rate mutual funds due to their corporate governance. New Morningstar Fiduciary Grade that grades funds from A to F due to five main features, was met rather critically as it can lead to over $3 billion settlements for allowing market timers to get into the funds at the expense

20 Sep 2004 09:03 AM

A strong opposition towards the pension plan of the U.S. United Airlines was disclosed in the draft letter signed by congressmen and senators ahead of presidential elections. Two

17 Sep 2004 08:02 AM

Great Britain was recently criticised for creating conditions for funds that can make them leave the country.

16 Sep 2004 10:45 AM

California charges Pimco mutual funds for $9 million as the fund company did not disclose properly its payments, said attorney-general of California.