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Meet some of the recruits at the GlobalFoundries plant in Malta, New York (Video)

24 Jul 2014 22:07

Albany Business Review

Once the plant is producing at capacity, GlobalFoundries is aiming to compete with Taiwan Semiconductor Manufacturing Corp. more...

How the euro can still unseat the dollar as the world's dominant currency

24 Jul 2014 22:07

The Week Magazine

Of course, enthusiasm for the euro has somewhat dampened since. First came the U.S. financial crisis of 2008-9, which badly damaged the European banking system, and then the eurozone crisis of 2011-12, when damaged banks dumped their risks onto ... more...

Egyptian pound stable at central bank sale, stronger on black market

24 Jul 2014 22:07

Reuters Africa

CAIRO, July 24 (Reuters) - The Egyptian pound was stable at a central bank dollar sale on Thursday but strengthened on the black market ahead of the Muslim Eid holiday next week. more...

S&P Warns Kazakh Credit Risk Is 'Extremely High' on Banks

24 Jul 2014 22:07

Bloomberg

Ruled by President Nursultan Nazarbayev for the past quarter-century, Kazakhstan has devalued its currency twice since 2009, with the tenge losing about 50 percent against the dollar in the period. Central Asia's biggest energy producer is rated BBB+ ... more...

Euro inches up from eight-month low on upbeat business surveys

24 Jul 2014 21:00

Reuters

LONDON (Reuters) - The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations, although fears that possible tougher sanctions on Russia would hurt the euro zone were seen limiting gains. more...

Kenyan shilling steady, seen easing as importers buy dollars

24 Jul 2014 20:48

Reuters Africa

NAIROBI, July 24 (Reuters) - The Kenyan shilling was steady on Thursday and traders said they expected it to weaken in coming days due to importer demand from energy companies. more...

What Investors Concluded From Polish Retail-Sales Shock

24 Jul 2014 20:48

Bloomberg

Poland sold 4.78 billion zloty of fixed-rate bonds maturing in July 2019 and 1.22 billion zloty of floating-rate notes due January 2019 at yesterday's auction, the Finance Ministry said in an e-mailed statement. more...