Algeria on Wednesday announced 45 billion dollars (29 billion euros) of investment in energy production, with ambitious targets for oil and gas output in less than two years.

Investment banks should be regulated more like commercial banks if they're going to get the same kind of help from Washington, former Federal Reserve chairman Paul Volcker said Wednesday.

Cricket chiefs are seeking a compromise to salvage Texan billionaire Allen Stanford's multi-million pound investment in English cricket which threatens to run into conflict with the sport's laws.

Investment bank stocks mostly rose Wednesday, in line with the broader market, even as a Goldman, Sachs & Co. analyst cut his second-quarter profit estimates on a handful of banks, noting an extremely challenging operating environment.

Care Investment Trust Inc. said Tuesday its board declared a regular quarterly dividend of 17 cents. The helath care focused real estate investment trust said the dividend is payable June 6 to shareholders of record May 23.

NEW YORK, May 14 - Bankrupt retailer The Sharper Image Corp will be sold to a joint venture of privately funded investment groups, the groups said on Wednesday.

Investment

The Government of Egypt (GOE) is undertaking a series of versatile amendments
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