Palash Ghosh

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Palash has worked as a business journalist for 21 years in New York.

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More From Palash Ghosh

Ricky Gervais' most outrageous jokes from Golden Globe awards program

British comedian Ricky Gervais outraged the audience at The Golden Globe awards show last night in Los Angeles. Many of the targets of his sadistic jokes were sitting in the audience, increasing the discomfort of both TV viewers and the attendants. Here is a selection of Gervais’ most outrageous remarks from the show:
Jan 17, 2011

Update: Tunisia forms national unity government

Just hours after more street violence in Tunis and days after the former President was ousted, a new national unity government has been formed in Tunisia, according to a report in BBC News.
Jan 17, 2011

Giuliani hints at presidential run in 2012

During an appearance on CBS TV’s Face the Nation program on Sunday, Rudy Giuliani did not the rule out the possibility of again running for the White House in 2012, despite an aborted Presidential bid in 2008.
Jan 17, 2011

Waves of criticism, alarm over BP-Rosneft deal

Ed Miliband, leader of Britain’s Labour Party, has joined a growing chorus of critics expressing reservations over BP plc’s (NYSE: BP) joint venture with Russian energy giant Rosneft to explore potentially massive oil and gas deposits on the Arctic shelf – BP’s first major deal since last year’s Deepwater Horizon catastrophe.
Jan 17, 2011

Embattled Irish PM refuses to step down

Brian Cowen, the embattled Prime Minister of Ireland, has said he will not resign from his office despite mounting pressure on him to do so as result of the nation’s huge deficit and massive $90-billion bailout package.
Jan 17, 2011

Dimon warns of more municipal bankruptcies

Echoing some of the recent warnings from famed analyst Meredith Whitney, the chief executive of J.P. Morgan (NYSE: JPM) Jamie Dimon said he thinks more municipalities will face bankruptcies this year.
Jan 14, 2011

Fitch may cut Tunisia rating on political concerns

Fitch Ratings on Friday put Tunisia's long-term foreign currency credit rating of BBB on watch for a potential downgrade, citing the upsurge in deadly violence in the north African nation in recent weeks.
Jan 14, 2011

Tunisia president flees country

The besieged president of Tunisia, Zine El Abidine Ben Ali, has fled the country, according to various media reports, amidst the worst civil disturbances the North African country has witnessed in decades.
Jan 14, 2011

UK, US and France warn citizens against travel to riot-torn Tunisia

The Foreign & Commonwealth Office (FCO) of the U.K. has issued an advisory recommending that British citizens avoid travel to Tunisia due to the surge in civil disturbances in the country. The US and France have also advised against non-essential travel to Tunisia.
Jan 14, 2011

Banks entering 'Golden Age': Bove

High-profile banking analyst Richard Bove said the U.S. banking sector is entering into a “golden age.” The financial strategist at Rochdale Securities explains that banks have so flush cash on their balance sheets that corporate earnings will grow by 20 percent annually over the next few years.
Jan 14, 2011

Inflation risks could move to upside -ECB's Weber

Inflation risks in the euro zone could well move to the upside and the 17-country region's economic outlook has clearly improved, European Central Bank Governing Council Axel Weber said on Friday.
Jan 14, 2011

Bernanke forecasts 3%-4% GDP expansion for U.S.

Ben Bernanke, the chairman of the Federal Reserve Bank, said the U.S. economy is likely to grow by 3 percent to 4 percent in 2011 (a faster expansion than in 2010), but that such growth will not be sufficient to reduce unemployment to acceptable levels.
Jan 13, 2011

Sri Lanka floods threatens rice crop

Heavy monsoons and resultant floods have affected nearly 1-million people in the north central and eastern provinces of the island nation and have killed at least two dozen people. It is believed that more than 300,000 people have been displaced from their homes.
Jan 13, 2011

Banks/financials spark stock rally

Stock rallied as banks/financials stocks pushed higher following an upgrade of the sector by Wells Fargo and a successful bond offering in Portugal.
Jan 12, 2011

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