Word: commerciales
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While there's no such trouble at HSBC or Barclays, Monday's interim results presented challenges of a different kind. Both lenders leaned heavily on lucrative investment-banking units to soften the blow from bad debts in the commercial or retail arms of the groups. Owing in part to its...
The transition from Wall Street to Main Street—in Elyria a Main Street on which commercial prosperity long ago gave way to dive bars, used furniture stores, and storefront churches—leaves a bitter taste of a boom that, for many, never was.
The downtown of this city of 50,000 probably hasn’t seen any large-scale commercial development in the past two decades aside from a gleaming glass-and-steel hospital complex. A similarly-styled seven-story “Justice Center” casts its shiny bureaucratic glory...
Just as Wall Street is the embodiment of America's financial industry, "the bazaar" stands for the mercantile and commercial interests that form a core constituency in Iran. Both are physical and metaphorical locations of power. Indeed, the bazaar, the center of Iranian economic life stretching back centuries, has been...
Mousavi's supporters are trying to get the bazaar on his side. One of the marches in the weeks after Iran's June election went from Imam Khomeini Square past Tehran's main bazaar. According to a witness, thousands of bazaaris closed their shops so they could stand outside and...