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Credit Markets Decline, Led by Commercial-Mortgage Securities - Bloomberg
Nov. 20 (Bloomberg) -- Yields on top-rated commercial- mortgage securities climbed the most ever above benchmark rates, leading a deterioration in credit markets on concern that the recession and financial crisis is deepening. Yields on the safest ...

European Bonds Trounce Treasuries as ECB Catches Up on Rates - Bloomberg
Nov. 17 (Bloomberg) -- The looming global recession is prompting investors to shift funds into European government bonds at the expense of Treasuries on speculation policy makers have more scope to cut interest rates than the Federal Reserve. An ...

Top Republican senators oppose automaker bailout - MLive.com
WASHINGTON - Top Republican senators said Sunday they will oppose a Democratic plan to bail out Detroit automakers, calling the U.S. industry a "dinosaur" whose "day of reckoning" is coming. Their opposition raises serious doubts about whether the ...

Corporate Bond Risk Falls on Fed Cut, U.S. Mortgage Proposals - Bloomberg
Oct. 30 (Bloomberg) -- The cost of protecting corporate bonds from default fell to the lowest in seven days as money- market rates declined a 14th day and investors speculated U.S. regulators may enact a $500 billion plan to guarantee troubled ...

Dollar Steadies after Fall on BoA Result - CNBC
Whether you're looking for a point-and-shoot or the top-of-the-crop pro DSLR, click ahead to see which models offer what you're looking for in a new camera. [ EUR-TN Loading... ( ) ] rose as high as $1.6018, more than a penny above the ...

Gross Says Consumer Lenders Attractive After TARP (Update1) - Bloomberg
Nov. 14 (Bloomberg) -- Bill Gross , manager of the world's biggest bond fund, said the debt of consumer-finance companies is attractive after Treasury Secretary Henry Paulson announced plans to use the second half of the $700 billion financial rescue ...

Banks face dark days after Brown's 'finest hour' - Times Online
With the bulk of British banking now perched uneasily on his shoulders, the Prime Minister is in Churchillian mode, calling for a new Bretton Woods agreement, harking back to the 1944 conference between the allied powers that led to the creation of ...

Financial Crisis Hits U.S. Commercial Real Estate Market - Free Internet Press
Benjamin B. Lacy and his wife Debra sipped beer and munched on beef carpaccio a few weeks ago in Munich, Germany, at a commercial real estate gathering. In recent years, the Lacys have gotten German investors to invest about $1 billion in office ...

London office demand worst in Europe - Hong Kong Standard
London's office market is suffering the most in Europe as the global credit crisis curbs demand in the UK capital's main financial district and Canary Wharf, Moody's Investors Service said. Rising vacancies, slumping demand and a glut of space make ...

INDUSTRY NEWS & PEOPLE January 2008 - Business Travel Executive
The Association of Corporate Travel Executives (ACTE) has added two new members to its international team: Ronald Kosmahl, director of global education and research, and Kathleen Brannigan, senior director of global communications. Prior to joining ...