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Sunday, 13 December 2009

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Wall Street awaits Santa Claus impatiently

Some on Wall Street believe a Santa Claus rally will deliver more gains in the final weeks of the year, while others are playing it cautious until an upcoming Federal Reserve meeting is over.

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Iraq to strike deals at oil auction

Iraq will on Saturday look to attract further foreign energy investment as it continues an auction of its oil fields, a day after striking deals with consortiums led by energy giants Shell and CNPC.

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Clinton urges Pakistan to fight Taliban

US Secretary of State Hillary Clinton on Friday said the United States strongly backs Pakistan at a “critical juncture,” but she acknowledged that a lack of trust is impeding cooperation.

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