IMF Nudges Korea Growth Forecast UP, Urges for Rate Hike

IMF Nudges Korea Growth Forecast UP, Urges for Rate Hike

The International Monetary Fund is reported to have nudged South Korea's 2010 economic growth forecast up from 4.5 % to 5.75%, urging the central bank to introduce hikes on interest rates.

German, French Bonds Mark a Slip

German, French Bonds Mark a Slip

German and French Government bonds registered a slip over yields that touched record low levels and gains in equities hampered demand for the security, concerning fixed-income assets.

Brussels' List Points the Retailers Next

Michel Barnier

The European Commission had made efforts to make worse effects over private equity and the hedge-fund industry.

BP, Under U.S. Pressure Cancels Refueling In Iranian Jets

Barack Obama

Following the U.S. President Barack Obama's sanctions, that he has signed targeting gasoline supplies of Iran; the BP PLC has ordered all its European maneuvers not to refill Iranian airlines.

Alitalia to join Air France-KLM, Delta

Alitalia to join Air France-KLM, Delta

Alitalia will be joining an alliance of Air France-KLM and Delta, which will give the group access to Europe's third largest market, Reuters stated.

Rise in Wheat Prices due to Reduced Russian Forecast

Rise in Wheat Prices due to Reduced Russian Forecast

Prices of wheat rose in Chicago and Paris due to the reduced forecast of Russian grain harvest this year. There were also concerns that dry weather in Europe and Central Asia may harm production.

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Sailing World Record

Francois Gabart, an engineer by trade, used his skill, strategy and hard work to circumnavigate the world in record time.

Senior military and French government officials have been found complicit in the 1994 genocide in Rwanda that claimed the lives of over 800,000 people.

Johnny Hallyday

France is famous for growing some of the finest grapes in the world, and for incredibly, exquisite food.

Mobile Phone Ban

Students from the middle, junior and public schools in France will be banned from using mobile phones by the government in their learning institutions.