INVESTMENT

 GE to host electric vehicle tour in US

GE to host electric vehicle tour

General Electric will host an electric vehicle experience tour in seven U.S. cities that will bring GE experts together with local businesses, industry leaders, and public sector stakeholders for educational workshops, test drives, and dialogue on the business case for EV ecosystems.
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Gold Price Gains for 5th Week vs. Dollar, Buoyed by Liquidity

The Gold Price eased back for Dollar investors on Friday in London, but recovered one third of yesterday's sharp sell-off – and was heading higher for the fifth weekly gain in a row – as official data said US unemployment retreated to 8.9% last month.
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Gold rises towards $1,425/oz after U.S. payrolls

Gold rose toward $1,425 an ounce on Friday as U.S. February payrolls data supported expectations the Federal Reserve will hold off tightening monetary policy and as unrest in North Africa continued.
David Wormsley, head of investment banking at Citigroup in London, exits Manhattan Federal Court in New York

For Britain's class of 2011, finance keeps allure

Investment bankers have been villified by the public since the financial crisis, and regulators are cracking down on their pay, but Britain's university graduates still aspire to become them. At the country's top universities, the generation of students who started their degree just as Lehman Brothers collapsed are still pursuing lucrative
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Facebook valued at $65 billion in new investment

Investment firm General Atlantic is investing in Facebook, valuing the leading social network at $65 billion, representing a 30 percent boost from its last big investment in January, according to a report on CNBC.
Galleon hedge fund founder Rajaratnam departs federal court in New York

Courtroom showdown in Galleon trading probe

A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.
Goldman Sachs Chairman and CEO Lloyd Blankfein is sworn in before testifing at Senate Homeland Security and Governmental Affairs Investigations Subcommittee hearing

Goldman's Blankfein to testify at Galleon insider trading

Goldman Sachs Group Chief Executive Lloyd Blankfein has agreed to testify for the U.S. government at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam, the Wall Street Journal reported, citing people familiar with the matter.
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Oxus prepares for legal battle over Uzbek gold

Oxus Gold (OXS.L) laid the ground for a legal battle with the government of Uzbekistan over the future of its ill-fated investment in the central Asian state, wiping out more half of its market value on Thursday.
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Jobs become focus of new World Bank Africa plan

A new World Bank strategy for Africa unveiled on Wednesday focuses on creating jobs and making economies more competitive, while also tackling problems of climate change, disease, food shortages and conflict.
Website of Yahoo Japan Corp is seen on a computer screen in Tokyo

Possible Options For Yahoo To Exit Japan

Yahoo is said to be in talks to sell its 35 percent stake in Yahoo Japan, a move that will give Yahoo the necessary cash infusion to fight against arch rival Google and Facebook.

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