Archives

Top Ten Most Drunken Countries [PHOTOS]

Eastern Europe and the countries that were formerly part of the Soviet Union have the highest rates of alcohol consumption in the world, according to a report by the World Health Organization (WHO).

Former Goldman Sachs Executive Lands Lucrative Book Deal-report

Greg Smith, the former Goldman Sachs executive who condemned the powerful investment bank in a scathing New York Times opinion column, has landed a deal to write a book about his 12 years at the firm, according to media reports on Friday.

Bad Assets Overshadow Banks' Huge Profits

When asked by reporters on March 15 about how he perceived the huge profits of China's banking industry last year while the private sector was foundering on a shortage of bank loans, Zhou Xiaochuan, governor of People's Bank of China, said he thought banks' staggering profits were a natural result of readjustment of economic cycles.