Posted by Financial Service News on July 6th, 2008
French President Nicolas Sarkozy resumed his criticism of the European Central Bank today, asking it was "reasonable'' for it to have raised the region's key interest rate.
Posted by Financial Market News on July 6th, 2008
AUSTRALIAN stocks are expected to open higher tomorrow after US stocks rebounded last week.
Posted by Financial Service News on July 6th, 2008
TROUBLED lender Bradford & Bingley is reportedly set to pay a "success fee" to investment bank Goldman Sachs despite the collapse of its rescue deal with private equity firm TPG.
Posted by Financial Market News on July 6th, 2008
Investors battered by surging energy prices, disappointing economic data and the ongoing credit crisis will have something else to worry about this week - second-quarter corporate results.
Posted by Financial Service News on July 6th, 2008
NBC Universal and two partners said Sunday they have reached a deal to buy The Weather Channel from Landmark Communications Inc., ending a drawn-out process that had attracted interest from several major media ...
Posted by Financial Market News on July 6th, 2008
Things in the U.S. sure are tough. Brother, can you spare a euro? Brazilian Supermodel Gisele Bundchen no longer wants to be paid in dollars .
Posted by Financial Service News on July 6th, 2008
After months of earnest campaigning on behalf of Hillary Rodham Clinton, Gov. Jon S. Corzine now says he'll do whatever it takes to help Barack Obama get elected president.
Posted by Financial Market News on July 6th, 2008
Q : I am very concerned about my shares of MBIA Inc. What are the prospects? V.R., via the Internet A : The world's largest bond insurer has taken charges on billions of dollars of exposure to bonds tied to ...
Posted by Financial Service News on July 6th, 2008
A Delaware judge this week granted preliminary approval of a proposed settlement in a shareholder lawsuit against mortgage lender Countrywide Financial Corp.
Posted by Financial Market News on July 6th, 2008
There is nowhere to hide from inflation. Prices in one in four countries, many of them in emerging markets, are accelerating at a double-digit pace, which puts them at least two and a half times the 4 percent ...
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