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Homeowners lose out as banks refuse to pass on the latest cut - Times Online
Hundreds of thousands of borrowers will be denied the full benefit of yesterday’s cut in interest rates because many banks are refusing to pass on the whole one-point cut to all mortgage customers. Britain’s biggest mortgage bank, which received ...

Russia to buy out mortgages from banks - WTOP Radio
MOSCOW (AP) - Russia 's government pledged a mortgage buyout Wednesday and announced more aid for major airlines and other companies beyond an existing $200 billion financial rescue package, Russian news agencies reported. The finance ministry is ...

Controlling Interest - Kommersant
It is expected that a large number of actively-traded shares of Russian banks , which posted significant growth in 2005, will appear on the market this year. As before, however, the banks prefer to sell large chunks of shares to one buyer rather than ...

European Banks to Announce Rate Cuts - Turkish Weekly
The Bank of England and the European Central Bank are both expected to announce adjustments to their interest rates. Wednesday, Russian news agencies reported that Moscow is drafting plans to provide $11 billion to guarantee commercial bank loans ...

Politkovskaya murder suspect offered to surrender - Salon
Dec 2nd, 2008 | MOSCOW -- A lawyer says a man accused of killing Russian investigative reporter Anna Politkovskaya has offered to turn himself in if authorities promise him an open trial by jury. Murad Musayev, a defense lawyer for one of the three ...

FACTBOX-How Russian authorities are dealing with crisis - Forbes
MOSCOW, Dec 2 (Reuters) - Russia has pledged over $200 billion from budget funds and its oil wealth cash pile to help cushion the economy from a sharp slowdown and to kick-start its financial markets. So far, the crisis has seen companies cut jobs ...

Govt members brief president on measures to better economics - ITAR-TASS
GORKI, Moscow Region, December 3 (Itar-Tass) -- Russian President Dmitry Medvedev on Wednesday convened a meeting of the economics-related members of the Cabinet to discuss progress in measures to improve the economic situation in the country. Taking ...

Dubai is facing serious financial problems - The Australian
BRITISH Chancellor of the Exchequer Alistair Darling's pre-budget report on Monday contained at least one item that raised not a flicker of attention at Westminster. But it will have been keenly noticed far away in the Gulf: he has decided that ...

Gurgaon, November 28 - Tribune
Terror attacks in Mumbai will impact capital flows in the short term, ICICI Bank managing director & CEO KV Kamath said here. "FDI inflows will be affected for a short period, but things will be back to normal soon," Kamath said on the sidelines of a ...

Need to know: BT appointment ... InBev shifts focus ... Loans up - Times Online
UK manufacturing : Activity fell at its fastest pace for almost 19 years last month as output and orders plummeted, the latest CIPS/Markit purchasing managers’ survey of the sector showed. The CIPS headline index of manufacturing conditions tumbled ...