JPMorgan Said to Settle CFTC London Whale Trading Probe
JPMorgan Chase & Co. (JPM) has agreed to pay about $100 million to resolve the Commodity Futures Trading…
Fitch Warns It May Cut U.S. Credit Rating from AAA
Fitch Ratings warned on Tuesday it could cut the sovereign credit rating of the United States from AAA, citing the…
U.S. Lawmakers Begin Last-Ditch Effort on Debt Ceiling
The U.S. Senate prepared for a last ditch effort Wednesday to avoid a historic lapse in the government's borrowing…
Obama Says He Believes Fiscal Impasse Will Be Resolved
President Barack Obama sought to inject a reassuring tone into the frantic efforts to avoid a U.S. debt default…
Asian Stocks Hunker down As U.S. Debt Deadline Looms
Asian stocks marked time on Wednesday with nervous investors praying that frantic talks in Washington to avert a…
Morsi Trial Raises Tensions in Divided Egypt
The trial of ousted Egyptian President Mohamed Morsi that is set to begin November 4 is expected to heighten…
US Defence Minister, El-Sisi Discuss Sinai: Pentagon
United States Defence Secretary Chuck Hagel offered his Egyptian counterpart Abdel Fattah El-Sisi warm wishes for…
Sawiris Tells Canada He’s Not Spy; Re-Directs Investment to Egypt
Spurned by Canada's federal government that last week branded his interest in the country's telecoms sector a…
Egyptian Tycoon Shorts Former Italian Telecommunications Monopoly
Egyptian telecoms tycoon Naguib Sawiris increased his short position in Telecom Italia after Spain's Telefónica…
Preview: Egypt Out To Remove Final Hurdle Towards World Cup
Egypt are aware they need to give their fans back home something to cheer about and, to do so, they will have a…