 "Too big to fail" must end for all: FDIC chief
(Reuters)
 04.10.2009 8:50  21 views  0 comments
 Reuters - The head of the U.S. Federal Deposit Insurance Corp. said on Sunday that she wanted to end the "too big to fail" doctrine and shrink the shadow banking system that operates outside the reach of regulators.
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G7 presses for stronger yuan
(Reuters)
04.10.2009 7:48 24 views 0 comments
Reuters - The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates. Read more »
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BRIC demand bigger share of IMF votes
(Reuters)
04.10.2009 6:24 22 views 0 comments
Reuters - The leading emerging BRIC nations maintain their demand for a 7 percent shift in voting power to developing countries at the International Monetary Fund, Brazil's Finance Minister Guido Mantega said on Saturday. Read more »
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Saudi prince urges U.S. to sell Citigroup stake: report
(Reuters)
04.10.2009 3:55 25 views 0 comments
Reuters - Prince Alwaleed bin Talal, a big investor in Citigroup , urged the U.S. government to sell its stake in the bank as soon as this year to boost investor confidence, Emerging Markets magazine reported. Read more »
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Nervous US retailers brace for critical holiday season
(AFP)
04.10.2009 0:05 22 views 0 comments
 AFP - Approaching a holiday shopping season critical to economic recovery, US retailers are bracing for a difficult period with credit still tight and consumer caution lingering.
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G7 presses for stronger yuan
(Reuters)
03.10.2009 14:43 24 views 0 comments
Reuters - The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates. Read more »
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G7 presses for stronger yuan, breaks no new ground
(Reuters)
03.10.2009 13:47 21 views 0 comments
Reuters - The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates. Read more »
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IFC to work with private sector to buy toxic assets
(Reuters)
03.10.2009 13:42 25 views 0 comments
Reuters - The head of the International Finance Corp said on Saturday that the group plans to work with private equity funds, debt servicing companies and major banks to soak up toxic assets held by banks in emerging markets. Read more »
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G7 grapples with exchange rates and own future
(Reuters)
03.10.2009 11:22 21 views 0 comments
Reuters - Financial officials of the Group of Seven rich nations, which dominated global policymaking for decades, were set Saturday to discuss a diminished future for their group as it grappled with tensions over currency rates. Read more »
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G24 nations urge significant IMF vote shift
(Reuters)
03.10.2009 10:50 22 views 0 comments
Reuters - The Group of 24 nations on Saturday called for a significant shift in IMF voting power to developing nations and a doubling of members' quotas to raise more resources for the global financial institution. Read more »
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G7 grapples with exchange rates and own future
(Reuters)
03.10.2009 10:48 27 views 0 comments
Reuters - Financial officials of the Group of Seven rich nations, which dominated global policymaking for decades, were set Saturday to discuss a diminished future for their group as it grappled with tensions over currency rates. Read more »
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China's Tengzhong to reach Hummer deal in "days": report
(Reuters)
03.10.2009 1:06 20 views 0 comments
Reuters - China's Sichuan Tengzhong Heavy Industrial Machinery is poised to complete its purchase of General Motor Corp's Hummer division within days, the South China Morning Post reported on Saturday. Read more »
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Stanford U. looking to sell $1 billion in assets: report
(Reuters)
02.10.2009 21:26 26 views 0 comments
Reuters - Stanford University is looking to sell as much as $1 billion worth of investments including private equity investments, real estate and timberlands, the Wall Street Journal reported, citing unnamed people familiar with the matter. Read more »
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Comcast, GE value NBCU deal at $30 billion: source
(Reuters)
02.10.2009 21:24 21 views 0 comments
 Reuters - General Electric Co and Comcast Corp, working on a deal to spin off GE's NBC Universal, have valued it at $30 billion, including $9 billion of debt, a source close to the talks told Reuters on Friday.
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Improved revenue could boost U.S. earnings
(Reuters)
02.10.2009 20:59 29 views 0 comments
Reuters - If the stock market bulls are right, U.S. third-quarter corporate earnings could show revenue kicked into gear after some disappointing numbers last quarter, sustaining the rally. Read more »
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U.S. Treasury set to finalize home "short sales" plan
(Reuters)
02.10.2009 19:13 29 views 0 comments
Reuters - The U.S. Treasury will soon finalize a plan to expand its incentives for mortgage companies to include "short sales" as a way to stem a rising tide of foreclosures, according to a Treasury spokeswoman. Read more »
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Blackstone near deal to buy theme parks: sources
(Reuters)
02.10.2009 18:04 23 views 0 comments
Reuters - Private equity firm Blackstone Group is in talks to buy Anheuser-Busch InBev NV's theme parks, and a deal could be reached as early as next week, sources familiar with the situation said on Friday. Read more »
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U.S. jobless rate hits 26-year high of 9.8 percent
(Reuters)
02.10.2009 17:52 21 views 0 comments
 Reuters - U.S. employers unexpectedly cut more jobs in September than in August, underscoring the fragility of the economy's recovery from its worst recession in 70 years as businesses remain cautious about the future.
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Wall Street dips on weak jobs, factory data
(Reuters)
02.10.2009 17:45 23 views 0 comments
 Reuters - Stocks fell for the fourth straight day on Friday as weak jobs data gave more evidence the economic recovery would be less robust than expected.
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Comcast, GE value NBCU deal at $30 billion: source
(Reuters)
02.10.2009 17:41 20 views 0 comments
Reuters - General Electric Co and Comcast Corp, working on a deal to spin off GE's NBC Universal, have valued it at $30 billion, including $9 billion of debt, a source close to the talks told Reuters on Friday.
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