Your Business News

Oct. 27 (Bloomberg) — Italy’s finance police said they visited 76 branches of Swiss banks and their agents as well as some banks near the border with San Marino as part of an effort to stamp out tax evasion.

Oct. 27 (Bloomberg) — Brazil’s state development bank, known as BNDES, said it will finance as much as 400 million reais ($229.3 million) or 75 percent of the total cost of the stadiums which need to be built for the 2014 World Cup.

Wall Street has become more optimistic about the advertising outlook for media companies ahead of the hot phase of third-quarter earnings season, and stocks have continued to run up as a result.

Dhaka, Oct 27 (bdnews24.com)—For the first time, two parliamentary standing committees had a joint-meeting on Tuesday, to scrutinise a bill aimed at recovering outstanding loans from defaulters. The standing committees on law and finance met at the …

Air India’s General Manager, Finance, who should be in the thick of company’s financial matters, does not have information about pay and perks of the company’s top bosses.

GMAC Financial Services is seeking a third round of bailout funds from the U.S. Treasury Department, according to a report in the Wall Street Journal.

San Diego County’s leading economic indicators grew in September by their largest percentage in more than five years, driven by rebounds in home-building and consumer confidence, according to a report released yesterday by the University of San Diego.

I think what distinguishes Citi from other providers is that we really deliver locally. Almost all the financing that we arrange is in the local market and local currency or it provides the hedging and structuring necessary to achieve local funding for MFIs. Perhaps Citi having a dedicated microfinance group, and the extensive number of countries where we are present in the same local markets, are of greatest value to our relationships.