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CORRECTED-TOPWRAP 5-Europe to galvanise banks, Japan helps firms - ForbesBRUSSELS, Dec 2 (Reuters) - European ministers sought to push lending banks back into action, Japan moved to help its cash-strapped companies, and global markets endured mixed fortunes as the financial crisis swirled onwards on Tuesday. The European ...
TOPWRAP 1-China says downturn deepens, but rate cut lifts shares - ForbesSINGAPORE, Nov 27 (Reuters) - China warned on Thursday its economic downturn was deepening with the spread of the global financial crisis, raising the spectre of job losses and social unrest in the world's most populous nation. The warnings from the ...
Stock & fund quotes - ninemsnLONDON, Nov 12 (Reuters) - European shares slid on Wednesday, led by banks and oil firms that fell on worries of more losses and a darkening economic outlook, and as Wall Street fretted over changes to a $700 billion financial sector bailout. The ...
Thomson Financial News - ForbesBRUSSELS, Nov 20 (Reuters) - Big changes in financial regulation are in the works after 'mind-boggling incompetence' at banks has made it impossible to quantify the credit crunch fallout, a top EU official said on Thursday. Some $1 trillion of losses ...
UPDATE 1-UK's Brown calls for action on growth before EU summit - ForbesLONDON, Nov 7 (Reuters) - Global coordinated interest rate cuts to aid growth should be backed up with a fiscal boost to the economy, British Prime Minister Gordon Brown said on Friday ahead of a meeting of European Union leaders in Brussels. He also ...
What to expect from the big economic conference? Maybe, not much... - San Francisco GateThe good news: This coming Saturday, representatives of the so-called G20 industrialized nations are scheduled to gather in Washington to discuss and look for ways to help solve the still-unfolding, worldwide financial crisis that started in the U.S ...
Bristol-Myers, Deutsche Bank, Chevron in Court News (Update1) - BloombergNov. 26 (Bloomberg) -- Bristol-Myers Squibb Co. , Solvay SA and five other makers of drugs for treating menopause symptoms are considering settling claims that their products caused cancer in some women, a lawyer said. Bristol-Myers and Solvay , both ...
United States - San Francisco GateGeorge W. Bush and former British Prime Minister Tony Blair (who left office in late June 2007) made a big display of what they claimed was their deeply close friendship, a relationship in which they appeared to stand shoulder to shoulder and to see ...
Evidence mounting of long, painful recession - Denver PostNov 13: Stocks spark as investors swarm back in Colorado foreclosures mixed OECD says developed world already in recession Oversight of bailout "a mess" A switch in bailout strategy Nov 12: Feds shift $700 billion strategy Nov 11: Critics say new ...
Forbes: Paulson Worst Secretary of Treasury - OpEdNews.comOn CNN, Sunday, with Wolf Blitzer, Steve Forbes says Paulson is worst Treasury sec in modern times. And Robert Reich says the bailout was sold on false pretenses Here, read the transcript, from CQ politics . BLITZER: Steve Forbes, do you have ...
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