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XML Business NewsObama has four-point lead on McCainpublished about 2 hours ago
WASHINGTON (Reuters) - Democrat Barack Obama has a 4-point lead over his Republican rival John McCain in the U.S. presidential race, according to a Reuters/C-SPAN/Zogby tracking poll released on Monday.
Germany creating up to $543 billion rescue package (AP)published about 3 hours ago
AP - German leaders worked Monday to tie up a rescue package for their banking system that officials said could be worth as much as $543 billion part of a coordinated effort to shore up the euro zone's financial sector.
Savers await Icelandic banks movepublished about 3 hours ago
Thousands of British savers are awaiting news of their savings which have been frozen in Icelandic bank accounts.
Stock futures point to rally on rescue hopes (Reuters)published about 3 hours ago
Reuters - Stock index futures were sharply higher on Monday, pointing to a rally on Wall Street as a flurry of moves by governments to restore confidence in the global financial system spurred a rebound in stocks worldwide.
Where is the bottom?published about 3 hours ago
After a precipitous eight-day slide for the broader market through Friday, there remained a growing discord among market technicians and analysts as to whether the market had seen its worst days or not.
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Popular Business News» Germany, Italy push EU to resume talks with Russia (AP)» European, Asian markets bounce back (AP)» Iceland stock market to stay shut» FSA concerned over bank pay deals» Arriva Trains vote on strike action» Obama has four-point lead on McCain» Germany creating up to $543 billion rescue package (AP)» Savers await Icelandic banks move» Stock futures point to rally on rescue hopes (Reuters)» Where is the bottom? |
N Koreans to resume taking apart reactorpublished about 10 hours ago
North Korea will resume dismantling its nuclear reactor following a US decision to remove it from its list of sponsors of terrorism, the state-run Korean ... more
US and EU plan Iran sanctionspublished about 10 hours ago
The US and its allies are discussing a "coalition of the willing" that would impose sanctions on Iran's energy and financial sectors without United Nations ... more
US pleads for patience in crisis repair effortspublished 1 day ago
President George W. Bush said the financial crisis will require a global, coordinated response and the top industrial nations will work together to solve it ... more
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RBS details £20bn capital raisingpublished about 3 hours ago
Royal Bank of Scotland announced a profit warning, the departure of three senior staff and a suspension of dividend payments
Brown defends 'essential' bailoutpublished about 3 hours ago
Gordon Brown defended his government's "unprecedented but essential" £37bn injection into Royal Bank of Scotland, HBOS and Lloyds TSB, saying the effective partial nationalisation was ... more
Lloyds TSB drops offer for HBOSpublished about 3 hours ago
Lloyds TSB has renegotiated the terms of its agreed takeover of HBOS as both banks bowed to accept government funding. The new offer price values ... more
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Santander to bail out Sovereignpublished about 3 hours ago
Santander of Spain is poised to buy the three-quarters of Sovereign Bancorp of the US it does not already own, in an all share deal ... more
Santander injects £1bn in UK bankspublished about 3 hours ago
The Spanish banks said it would put £1bn of extra capital into its UK business, increasing its Teir One ratio
German plea to halt costly lawspublished about 10 hours ago
Representatives of German business have called for a moratorium on any European Union legislation that would impose higher costs on companies at a time when ... more
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Sony rules out PlayStation 3 price cut before Christmaspublished about 10 hours ago
Sony, the Japanese consumer electronics group, has ruled out cutting the price of the PlayStation 3 console before Christmas, insisting that the PS3 is better ... more
Authorities pin their hopes on Renhe listingpublished about 10 hours ago
The planned $540m listing of a Chinese property developer, the sole Hong Kong initial public offering currently under way, may proceed in spite of last ... more
New terms for M Stanley deal with MUFGpublished about 10 hours ago
Morgan Stanley has been forced to renegotiate the terms of a planned $9bn cash injection from Japan's Mitsubishi UFG, following the steep fall in the ... more
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Mexico's Slim proposes works commissionpublished Tue, Sep 30 2008 20:31 GMT
Carlos Slim, the Mexican billionaire, called for the creation of a "national infrastructure commission" to overcome what he described as significant "deficiencies" in the government's ... more
Mexico's Slim proposes works commissionpublished Tue, Sep 30 2008 20:31 GMT
Carlos Slim, the Mexican billionaire, called for the creation of a 'national infrastructure commission' to overcome what he described as significant 'deficiencies' in the government's ... more
Argentina faces court battle over airlinepublished Tue, Sep 30 2008 12:57 GMT
Argentina's government could face a bitter legal battle over the renationalisation of Aerolineas Argentinas, the flag carrier
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So much for that idea: Tech stocks have fallen from 1999 to 2008published less than 1 hour ago
Call it the Nasdaq's lost decade, or at least its lost nine years. If you bought shares in most tech companies in October 1999 and ... more
Wal-Mart pressured into tune keys life supportpublished 2 days ago
DRM servers open 'for the present time' For digital music vendors, protecting files with digital rights management (DRM) is like a lobster trap. It's easy ... more
Video: Daily Debrief: Web 2.0 casualties?published 2 days ago
Fans of Twitter, Pandora, Skype, Zillow, and seven other Web companies had better hope these start-ups find creative business plans to weather the financial downturn. ... more
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China Farmers Granted More Freedom On Land Rightspublished about 2 hours ago
Chinese peasants for the first time will be permitted to lease or exchange their tenancies, as leaders try to mollify discontent and increase food production ... more
Euro rallies after Paris-summit agreementpublished about 2 hours ago
The euro rallied strongly on Monday after eurozone leaders agreed on a region-wide bank rescue plan, at an emergency Paris summit on Sunday night
Europe Coordinates Range Of Bailout Planspublished about 3 hours ago
Various European governments are announcing initiatives to salvage their respective financial systems, some of which involve buying stakes in banks.
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Across the Country, Fear About Savings, the Job Market and Retirementpublished 1 day ago
As the market continued its steep slide, many Americans say they are sensing losses beyond the short-term hits to their portfolios.
Those With Sense of History May Find It’s Time to Investpublished 1 day ago
Some investors say that the sell-off has gone too far and that stocks could rally if a downturn is not severe.
The era of their wayspublished 1 day ago
You know the stereotypes. Generation Y is the acquisitive one - demanding, impatient, with eggshell egos and the fortitude of a frappe. Baby boomers? Boringly ... more
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