Another London Bank faces more scandal over allegations of rigging the market. Emails between Barclays traders disclose that the bank encouraged a culture of shameless braggarts who would boast, they “f***ed” the emerging energy market in Brazil and said it “was fun.”
Chaos ensues amidst recovery efforts in New York City. On Thursday, frustration and panic is rising three days after Super storm Sandy struck. Traffic jams are blocking bridges, large crowds wait for buses into Manhattan and rage is reigning supreme at gas stations.
BEIJING: Marriott Corp is raising the stakes to expand on a grander scale its hotel presence in China. According to media reports, "Marriott International Inc announced on Tuesday that it expects to open on average one hotel per month" in the country.
BEIJING: Ogallala, Nebraska USA has a population of just 3,000. It’s a town few Americans may have heard of, but nonetheless, one local resident has made huge difference for over 1,000 orphans born in China.
Brent Johnson, vice president of United Family Healthcare, plays a leading role with the Beijing Chunmiao Children’s Aid Foundation, registered under the Beijing Civil Affairs Bureau. The NGO focuses on “providing specialized care to abandoned infants and nurturing the growth and education of older disabled orphans.”
Bursa Malaysia, the stock exchange in Kuala Lumpur, hopes to generate larger market capitalization. Malaysia's Deputy Finance Minister Datuk Donald Lim has called for more Chinese corporations to get listed on the nation's stock exchange.
The Chicago media had been fearful that President Barack Obama’s $1 billion re-election bid for the White House was washing away. However, the Chicago Tribune is welcoming the devastation caused by Hurricane Sandy on the East Coast since it could make Obama look more presidential as he takes credit for recovery efforts.