Colombo may drop dollar to meet Iran oil sanctions

Sri Lanka may avoid a costly squeeze by the United States sanctions on Iranian crude by purchasing it in a currency other than dollars, following India’s lead, officials said yesterday.

United States Steel Corporation Announces Plan to Sell U. S. Steel Serbia

PITTSBURGH, Jan. 30, 2012 /PRNewswire-FirstCall/ -- United States Steel Corporation (NYSE:X - News) announced a plan for the sale of U. S. Steel Serbia d.o.o. to the Republic of Serbia for a nominal purchase ...

House Intel Chair: Israel Attack on Iran Would Harm U.S. National Security

As United States and Israel grow increasingly concerned over Iran’s nuclear program, the chairman of the House Intelligence Committee is cautioning that a pre-emptive strike by Israel could spell trouble for America. “If Israel does a unilateral strike, this could be a real problem for...

United States Steel Corporation Reports 2011 Fourth Quarter and Full-Year Results and Announces Completion of the Sale ...

PITTSBURGH, Jan. 31, 2012 /PRNewswire-FirstCall/ --Fourth quarter net loss of $226 million, or $1.57 per diluted share including $51 million of net foreign currency losses, primarily related to the accounting ...

The Stunning Collapse of Iran's Currency

What investors should know about the collapse of Iran's currency.