INVESTMENT

An arbitration panel has awarded U.S. oil giant Exxon Mobil Corp $908 million in compensation for Venezuela's 2007 nationalization of its assets, less than 10 percent of what the company sought in a long legal battle with the OPEC nation.

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.

An international arbitration panel has awarded the U.S. oil giant Exxon Mobil Corp. $908 million in compensation for Venezuela's 2007 nationalization of assets, less than 10 percent of what the company sought in a dispute.

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.

Iran dismissed on Sunday the United States' move to impose new sanctions on financial institutions dealing with the Islamic state's central bank over the country's disputed nuclear program, the Students news agency reported.

The Indian economy and the stock markets for the whole of 2011 was bad. One has to forget 2011 and gear up for a challenging new year 2012.

Ask any behaviorist: Resolutions rarely work. They are too big and sweeping. The minute you fall off the bandwagon, you abandon attempts to climb back on, mostly because you're too busy hating yourself.

Gold rose 1 percent on Friday, rebounding from losses earlier this week that sent the market briefly into bear territory, and the metal sealed its 11th consecutive year of gains.

Brazilian planemaker Embraer will sell its A-29 Super Tucano aircraft to the U.S. Air Force, in a firm-fixed price delivery order contract worth $355 million, the company said in a statement late on Friday.

Standard & Poor’s has cut the rating on $695.4 million on bonds issued to built Citi Field for the New York Mets to negative, or BB+, one level below investment grade.

South Africa's Sun City resort will invest $800 million in a tourism project in Sri Lanka, the head of the island nation's state-run Tourism Board said on Friday.

Investors from across the globe have turned their focus on to the art market in order to seek refuge from the ongoing financial turmoil by placing their money into art instead of stocks.

Shares of Diamond Foods Inc , currently the target of a regulatory probe, rose as much as 14 percent, after CNBC reported rumors that high-profile investor David Einhorn may have invested in the company.

Greece could soon reach a deal with banks and private creditors on a bond swap to reduce its mountain of debt, the government spokesman said on Thursday, as it tries to resolve differences with its creditors and avoid default.

As 2011’s mediocre stock market returns become final, what should technology investors seek for U.S. initial public offerings of technology companies for 2012?

You can’t blame Americans for wanting to drop investing in U.S. stocks like a bad habit as the new year begins. Is the Dow’s recent rise above 12,000 a buy signal or another false rally?

A Wall Street Journal article making the rounds this morning notes some big investors have turned bullish on the housing market in the past quarter. Among the big names mentioned are hedge funds run by SAC Capital Advisors LP, Blackstone Group LP and Goldman Sachs Group.

Gold prices Thursday tumbled to levels not seen since last summer, slashing what just weeks ago had been a gain of more than 20 percent this year to less than 10 percent.

Rachel Uchitel, perhaps Tiger Woods' most infamous mistress, took to Twitter to reveal that she is pregnant with her first child with husband Matt Hahn.

Japan's benchmark Nikkei slipped on Thursday ahead of an Italian debt sale that could prove challenging in thin volumes, while the euro's tumble against the yen to a 10-year low pressured exporters. Meanwhile, most other Southeast Asian bourses edged higher on Thursday, helped by late bargain-hunting in big caps and dividend-yielding stocks

When Ind-Barath Power Infra Ltd dropped plans for a $200 million IPO earlier this year, it not only thwarted the fundraising plans of its controlling shareholder, but blocked an exit route for a clutch of private equity investors.