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Turkey's Vakifbank to apply for USD300m financing to set up Islamic lender

Turkey's state-run Vakifbank said on Monday it has decided to apply for USD 300 million worth of project financing from the Islamic Development Bank to set up an Islamic lender.

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Turkey's Vakifbank to apply for $300 mln financing to set up Islamic lender

ISTANBUL, Dec 22 (Reuters) - Turkey's state-run Vakifbank VAKBN.IS said on Monday it has decided to apply for $300 million worth of project financing from the Islamic Development Bank to set up an Islamic lender. Turkey has four non-state Islamic...

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BitTorrent to release 'The Interview'?

BitTorrent says it's the perfect candidate for Sony to release "The Interview." It's also the network that was used to share the stolen Sony documents.{MBD} {IMAGE}{MBD} {IMAGE}

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Thank you Sony! Cybersecurity stocks soar

Wall Street bets the Sony hack will encourage companies to ramp up security spending.{MBD} {IMAGE}{MBD} {IMAGE}

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How UPS and FedEx battle bad weather

UPS and FedEx employ teams of meteorologists whose nightmare is a "big snow or ice storm at one of our hubs" during the peak holiday shipping season.{MBD} {IMAGE}{MBD} {IMAGE}

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Rouble rallies despite crisis warning

Russia's former finance minister warns the country is entering a "full blown economic crisis" and will enter recession next year.

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