Foreign Investment in City Plummets (St. Petersburg Times)

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The volume of foreign investment into St. Petersburgs economy fell to $1.4 billion from January to June 35 percent less than the same period last year, Kommersant daily reported Thursday.


Early Glance: Investment Banks companies (INO News)

(AP:NEW YORK) Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $1.43 or .9 percent, to $161.36. Morgan Stanley rose $.32 or 1.1 percent, to $29.15.


Switzerland Earns SF1.2 Billion From Sale of UBS Investment (Bloomberg)

Aug. 20 (Bloomberg) — The Swiss government made a profit of 1.2 billion francs ($1.1 billion) from selling its investment in UBS AG , the countrys biggest bank, a day after agreeing to release data to the U.S. on clients suspected of evading taxes.

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