Japan to Issue Bonds With Returns Linked to Inflation
Japan's Ministry of Finance is tiptoeing back into the inflation-linked bond market after a five-year hiatus, responding to investor demand for an investment tool to hedge against the Bank of Japan's inflation campaign.
Greek Broadcaster Fights Closure
A court decision expected Monday might lead to temporary revival of ERT, even as a prosecutor begins investigating the broadcaster’s finances.
Senators urge Kerry to press India on trade during visit
WASHINGTON - Senate Finance Committee leaders on Friday urged U.S. Secretary of State John Kerry to press India to reverse government actions they said threaten millions of U.S. jobs in pharmaceutical, information technology and creative industries.
Found 3 days ago on channel Reuters
Snowden Is Lying, Say House Intelligence Committee Leaders
cold fjord writes "There are new developments in the ongoing controversy engulfing the NSA as a result of the Snowden leaks. From The Hill: 'Emerging from a hearing with NSA Director Gen. Keith Alexander, Reps. Mike Rogers (R-Mich.), chairman of the Intelligence Committee, and Dutch Ruppersberger (Md.), the senior Democrat on the panel, said Edward Snowden simply wasn't in the position to access the content of the communications gathered under National Security Agency programs, as he's claimed. "He was lying," Rogers said. "He clearly has over-inflated his position, he has over-inflated his access and he's even over-inflated what the actual technology of the programs would allow one to do. It's impossible for him to do what he was saying he could do." ... "He's done tremendous damage to the country where he was born and raised and educated," Ruppersberger said. ... "It was clear that he attempted to go places that he was not authorized to go, which should raise questions for everyone," Rogers ...
Singapore's DealGuru Spins Out Food Delivery Business To Chase New Funding
DealGuru, one of the major daily deals sites in Singapore, has spun out its food delivery subsidiary, called FoodRunner. Prior to the new name, the service was called Room Service Deliveries, which DealGuru set up after it acquired Malaysia-based operator, Asian Room Service in October last year. The acquisition was DealGuru’s first big step into the online food delivery business. Before that, it tried its hand with a small service called Dealivery.sg, run as a subsection of its deals site for about six months. Since it bought Asian Room Service, DealGuru expanded its presence out of Singapore, into Malaysia and Indonesia (run through a franchisee). Asian Room Service was operating Room Service Deliveries for nine years prior to the acquisition. With the spin out, DealGuru has placed its CFO, Lance Frey, into the CEO spot for FoodRunner. Part of Frey’s job is to raise funds under the FoodRunner entity for expansion into more markets in Southeast Asia. Frey said the Philippines, Thailand ...