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Iran Promises Female Soldier's Release

Britain steps up pressure by freezing business activity

(Newser) - Iran promised to release by Friday the female sailor captured along with 15 men in a British patrol boat last week. England stepped up pressure to free  the soldiers by cutting off "bilateral business" and publicizing secret documents which mark its boat nearly two miles from Iranian waters at...

Financial Action Flees to London
Financial Action Flees
to London

Financial Action Flees to London

Goldman Sachs is now doing as much business abroad as on Wall Street

(Newser) - Wall Street’s position as the center of the financial universe—unchallenged for more than a century—is under serious threat from the City of London, according to John Gapper. London is catching up with Gotham in bond trading, already ahead in derivatives and the place to be for really...

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