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Western banks are increasingly focused on preserving and extending the wealth of their employees. Emerging market providers, on the other hand, are focused on unlocking access to new markets using the latest technology as enablers. This provides new services to people who may not have had access to such services before, and creates wealth for enterprises in the process.
Mobile Banking, Internet Banking, Online Banking, Online Bank accounts, Mobile Online Banking, Mobile Internet Banking
Talk of shrinking the government's involvement in the mortgage market is growing. Just don't expect action any time soon.

A conference Tuesday at the Treasury Department is the first of many steps toward restructuring the nearly $11 trillion mortgage market. So far, rescuing mortgage giants Fannie Mae and Freddie Mac has cost the government more than $148 billion. That number is expected to gr
A price war is heating up in the electronic reader market, as Amazon cut the price of its Kindle e-reader below $200 Monday just after Barnes & Noble did the same with its competing Nook device.

The rapid-fire moves are fanning flames in the still-small but rapidly growing market that the book industry sees as a major part of its future.
Bristol-Myers Squibb (BMY) got some exciting news from a study on experimental drug ipilimumab. The study concluded that the drug was effective at bolstering the immune system of patients with advanced melanoma, although some side effects were severe. On average the trial improved life spans of these patients by about four months, a major difference by all accounts. Bristol-Myers plans to file ap
In contrast to Amgen, AstraZeneca suffered three pipeline setbacks. The firm failed to win a U.S. panel’s backing to introduce an improved version of its $1 billion-a-year medicine to prevent a respiratory disease that sends 125,000 babies to hospitals each year, reported Bloomberg News.

Advisers to the Food and Drug Administration (FDA) recommended against approval of Motavizumab for children
Since the April 20th explosion on the Deepwater Horizon rig, all eyes have been on the Gulf of Mexico. Despite numerous efforts to halt the flow of oil that is spilling into the Gulf, 44 days later there are still more questions than answers.

How could a disaster of this magnitude take place?

Why didn’t BP or Transocean (RIG) have a disaster mitigation plan in place?

When will the flow o
With Yemen’s oil revenues plunging, the government’s push into the gas market seemed like an economic saving grace for a state wracked by poverty and terrorism. However, analysts warn that more thought should be given into carving out the country's post-petroleum era.