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Diamond News Center > Diamond News > Financial News

Financial News

New York To Start Spending Aid On Hurricane Damage

12.05.13, 12:40 / Financial News
The United States federal government has given approval for New York City to begin using funds it has apportioned to pay for the repair of damage caused by the hurricane that ravaged the city last year.

Sony Earns Yearly Profit For 1st Time In 5 Years

09.05.13, 14:03 / Financial News
For the first time in five years, the Japanese electronics manufacturer Sony has posted a yearly net profit for the period between April 2012 and March 2013, which was $436 million.

Toyota Looks To 6-Year Profit High

08.05.13, 12:03 / Financial News
The largest automobile manufacturer in the world is predicting that its sales and its profits will increase to a level not seen in the last six years.

Portugal Sells 1st Post-Bailout Bonds

07.05.13, 15:34 / Financial News
For the very first time since its banks were bailed out following the onset of the European debt crisis, Portugal conducted a sale of 10-year bonds.

France Says Austerity Era Is Over

06.05.13, 14:54 / Financial News
The Finance Minister of France announced that the era in which financial austerity was perceived as the only legitimate method to combat the continent's debt crisis has officially ended.

British Bankruptcy Drops Year-Over-Year In Q1

05.05.13, 12:09 / Financial News
Significantly fewer companies in the United Kingdom fell into bankruptcy in the first three months of the 2013 calendar year than they did during the same three-month period a year earlier.

Israel Gas Field Now Said To Be Much Bigger

02.05.13, 08:40 / Financial News
A recently discovered underwater field of natural gas claimed by the State of Israel was already said to be massive – hence its name, Leviathan – but new estimates of its size put it at significantly larger than previously thought.

U.S. Home Prices Rise In A Big Way

01.05.13, 13:00 / Financial News
A new report indicates that the year-over-year increase in the house of American home prices recorded in the month of February 2013 was the largest annual jump in U.S. home prices for any month in the last seven years.
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