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3 Billion Dollar Loan - MSN Newsfeeds
- TOKYO/BERLIN (Reuters) - Japan prepared to unveil details of a $150 billion plan to boost its economy on Wednesday, but weak corporate earnings and trade flows raised fresh doubts about governments' ability to revive growth. Aluminium producer Alcoa ...
- BERLIN/TOKYO, April 8 (Reuters) - Japan prepared to unveil details of a $150 billion plan to boost its economy on Wednesday as worries about corporate earnings, weakening trade flows and warnings from central bankers depressed financial markets. Data ...
- BERLIN/TOKYO (Reuters) - Japan prepared to unveil details of a $150 billion plan to boost its economy on Wednesday as worries about corporate earnings, weakening trade flows and warnings from central bankers depressed financial markets. Aluminum ...
- DETROIT - He doesn't know exactly what the Obama administration wants him to cut, but Fritz Henderson, the new CEO of General Motors Corp., isn't waiting around to find out. Cut deeper. Work harder. Move faster. That's how he described the ailing ...
- ANZ has reported a 21 per cent fall in full year profit, after its bottom line was hit by charges related to the fall-out in global credit market. Profit for the year ended September 30 was $3.319 billion, down from $4.180 billion in 2007. Chief ...
- BRASILIA, Oct 22 (Reuters) - Brazil on Wednesday allowed its two largest state banks to buy stakes in financial firms, the government's latest step aimed at shielding the domestic banking sector from the global credit crunch. It also freed up the ...
- Hong Kong authorities launched investigations Wednesday into Citic Pacific Ltd. after the conglomerate warned of almost $2 billion in losses stemming from unauthorized currency bets by a senior executive. The territory's securities watchdog, the ...
- Providence - Rhode Island is proposing an unprecedented overhaul of its Medicaid program that Gov. Don Carcieri says will save this cash-starved state millions of dollars - but could risk leaving the poor and elderly with fewer services should the ...
- Oct. 17 (Bloomberg) -- South Korea's policy makers held an emergency summit today, seeking steps to restore confidence after shares plunged to a three-year low and the won declined by the most since the 1997 Asian crisis. The Bank of Korea and the ...
- NEW YORK - American International Group said it has canceled a multimillion dollar severance package for its departing chief financial officer and will cooperate in a New York state review of other executive pay deals. New York Attorney General ...
- Credit ratings agency Standard & Poor's on Thursday said Merrill Lynch & Co. remains on a developing watch after the bank said it lost $5.2 billion, or $5.58 per share, during the third quarter. Merrill Lynch currently carries an "A" rating, the ...
- BERNE, Oct 16 (Reuters) - The Swiss National Bank's recent measures should help to ease tensions on the money market and bring the 3-month Swiss franc LIBOR down towards its target, Swiss central bankers said on Thursday. The SNB teamed up with the ...
- KIEV, Oct 16 (Reuters) - The IMF may lend Ukraine a sum ranging from $3-14 billion to shore up its financial system but has made any credit contingent on calling off a snap election, Prime Minister Yulia Tymoshenko said on Thursday. The IMF office in ...
- Oct. 16 (Bloomberg) -- The yen fell versus the dollar as a drop in money-market rates encouraged investors to resume purchases of higher-yielding assets funded by low-cost loans. Japan's currency weakened against the South African rand and the ...
- Could an initial public offering be on the way for the highly ambitious Glam Media ? The Valley-based advertising and media company has hired a new chief financial officer, Stephen E. Recht, who was the CFO of photo-printing site Shutterfly when it ...
- REYKJAVIK, Oct 15 (Reuters) - Iceland acted to shore up its ravaged economy by slashing borrowing costs on Wednesday and its officials pursued efforts with Russia to get a multi-billion euro loan to help it over the worst financial crisis in its ...
- European governments overcame their differences to put $2.3 trillion on the line Monday in guarantees and other emergency measures to save the banking system in their most unified response yet to the global financial crisis. The pledges by six ...
- The national debt has gotten so big that the dollar sign on National Debt Clock in New York has been replaced with a digit — the “1” in 10 trillion. NEW YORK — There’s an old saying attributed to Everett Dirksen, the Illinois senator who ...
- MADRID - Santander, Spain's leading bank, plans to take advantage of the ongoing financial crisis to take control of Sovereign Bancorp, which has suffered recent losses, according to a media report. Negotiations for the takeover are still underway ...
- Oct. 13 (Bloomberg) -- The U.S. Federal Reserve led an unprecedented push by central banks to flood financial markets with dollars, backing up government efforts to restore confidence in the banking system. The ECB , the Bank of England and the Swiss ...
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