Monday, April 12, 2010

MasterCard Names Ajay Banga CEO, Succeeding Selander

April 12 (Bloomberg) -- Ajay Banga, newly named chief executive officer of MasterCard Inc., says in a teleconference that the second-biggest electronic-payments network will increase focus in e-commerce and mobile applications. Banga, who joined MasterCard as president and chief operating officer from Citigroup Inc. last August, will succeed Robert Selander at the top position on July 1. Bloomberg's Sheila Dharmarajan reports. (Source: Bloomberg)


Oil Rich UAE going Nuclear ?

Marketplace Middle East examines whether the UAE is choosing nuclear power as its choice of renewable energy.

Shorting Euro on EU Aid for Greece McCullough says

April 12 (Bloomberg) -- Keith McCullough, chief executive officer of Hedgeye Risk Management and a Bloomberg Television contributing editor, talks with Erik Schatzker about the outlook for the euro after European governments offered Greece a rescue package worth as much as 45 billion euros ($61 billion) at below-market interest rates.¶ McCullough also discusses China's March trade deficit and the prospects for inflation. (Source: Bloomberg)

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