“We are following our government’s monetary policy not to depend on the weak U.S. dollar”

Iran, embroiled in a row with Washington over its nuclear program, has increased the amount of its oil export earnings in currencies other than U.S. dollars to about 70 percent, an Iranian official said on … via Reuters

Original post by Reuters

New York- US stocks rebounded Friday from three days of declines after Coca-Cola agreed to buy Energy Brands and amidst speculation about buyouts in the real-estate industry. via Raw Story

Original post by Raw Story

Mahindra & Mahindra replaces Hero Honda in BSE Sensex 26 May 2007 Mumbai: Utility vehicles manufacturer Mahindra & Mahindra will replace Hero Honda in the benchmark Sensex index of the Bombay Stock Exchange … via Domain-B

Original post by Domain-B

“We believe the improving fundamentals for RFMD will become evident as many people will discuss their business trends there”

Shares of RF Microdevices ballooned on Friday afternoon after an analyst said he sees demand picking up for the company in the second half of the year. via Forbes.com

Original post by Forbes.com

Venezuelan President Hugo Chavez’s pledge to withdraw from the International Monetary Fund may violate terms of the country’s foreign bonds, allowing investors to demand their money back. via Bloomberg

Original post by Bloomberg