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  • Australia shares erase gains, down 0.3 pct 24 Nov 2009 03:13 GMT
    ... on Tuesday, as investors took profits in banks and resource stocks after recent rallies. The benchmark ... | Global Economy | | Tech.Media,Telecoms | Banking, Financials | | Politics&General | Sports | MAJOR ... outlook New York Pan-Europe Weekly outlook Europe London Weekly outlook London Tokyo ASIA STOCK MARKETS ...

  • Members still losing sleep over economy 24 Nov 2009 03:12 GMT
    ... Published: November 24 2009 02:00 | Last updated: ... lot to lose sleep about in the UK economy. Only a handful thought the building ... Data Foundation, doubted whether the new regional banking and financial institutions proposed by Mr Lambert ...

  • Indian petrochem giant in big buyout bid 24 Nov 2009 03:11 GMT
    ... Reliance Industries Ltd, owner of the world's largest oil-refining ... The Times of India, citing an unidentified banker, said yesterday the price may be at ... the sale of three refineries in the UK and Germany. Oil & Natural Gas Corp, ...

  • PRECIOUS-Gold eases, investors take profits after records hit 24 Nov 2009 03:10 GMT
    ... sentiment after gold purchases by some central banks. Trade was quiet and was expected to remain so ... reports [GOL/IN] - European gold prices - London interbank gold forward rates GOFO <0#GOFO=> - ...

  • Glance-PRESS DIGEST - Financial Times - Nov 24 24 Nov 2009 03:04 GMT
    ... AT DISCOUNT OF NEARLY 40 PERCENT Lloyds Banking Group will launch Britain's largest rights issue ... and equity was more than a third BANKS EAGER TO SUPPORT CLIENTS, RBS SAYS Stephen Hester, the chief ... is 3.5 percentage points above the current central bank's base rate, with some companies being ...

  • PRESS DIGEST - Financial Times - Nov 24 24 Nov 2009 02:40 GMT
    ... claiming that their rival's strategy on tackling Britain's budget deficit would jeopardise the economic recovery. ... equity was more than a third over-subscribed. BANKS EAGER TO SUPPORT CLIENTS, RBS SAYS Stephen Hester, the chief ... is 3.5 percentage points above the current central bank's base rate, with some companies being ...

  • Morton Kondracke: Is it time for a third political party? 24 Nov 2009 02:35 GMT
    ... instinctively sense we may be becoming like Britain after the Second World War, quickly fading ... ... "Both offered the big Wall Street banks an incredible $700 billion in taxpayer funding ...

  • David Morgan quits as BHP director 24 Nov 2009 02:35 GMT
    ... BHP Billiton Ltd director David Morgan has quit, and ... Dr Morgan, a former head of Westpac Banking Group Ltd, resigned after becoming managing director of JC ... Flowers, Europe and Asia Pacific, based in London, BHP Billiton said in a statement on ...

  • Global comm. property distressed sales rise in Q3-RICS 24 Nov 2009 02:34 GMT
    ... sales to be more common in 2010 LONDON, Nov 24 - Distressed commercial property sales ... ... provides a window of opportunity for banks to manage down some of their property loan exposure," RICS ...

  • India's Economy Remains Robust Despite Global Downturn 24 Nov 2009 02:33 GMT
    ... of Indian business ambitions, dating back to British colonial days. This hotel was built in the ... very true, but it also kept Indian banks and financial institutions away from a lot of ... that was brewing in New York and London. ...

  • India's Economy 24 Nov 2009 02:33 GMT
    ... of Indian business ambitions, dating back to British colonial days. This hotel was built in the ... very true, but it also kept Indian banks and financial institutions away from a lot of ... that was brewing in New York and London. ...

  • Two Anniversaries 24 Nov 2009 02:33 GMT
    ... the expense of their people’s well-being. Former British Prime Minister Margaret Thatcher put it with ... — especially in the U.S. and Great Britain — had actually begun in the early ... trillions of dollars to bail out failing banks and auto companies and push a corporate-welfare ...

  • FEATURE - Amazon forest schemes await strong climate pact 24 Nov 2009 02:32 GMT
    ... sometimes being made thousands of miles away. Banks, carbon-trading firms, and companies seeking to boost their ... sustainable long-term income," said Monique Vanni, a London-based environment consultant who visited Juma this month. ...

  • Citi upgrades global 2010 economic growth forecast 24 Nov 2009 02:26 GMT
    ... the second and third fiscal quarters. Central banks are unlikely to hike key interest rates ... domestic product outlook for the U.S., Japan, Britain, Australia, New Zealand, Hong Kong, Korea, Argentina, ...

  • Is it time for a third political party? 24 Nov 2009 02:25 GMT
    ... instinctively sense we may be becoming like Britain after the Second World War, quickly fading ... ... "Both offered the big Wall Street banks an incredible $700 billion in taxpayer funding ...

  • Economics: Recovery is incremental, but nowhere near business as usual 24 Nov 2009 02:23 GMT
    ... Economics: Recovery is incremental, but nowhere near business ... the Office of National Statistics reported that UK GDP had fallen by 0.4% for the ... higher priority. At the same time, the banking system is still far from restored to ...

  • Comment: Rising unemployment threatens incipient recovery 24 Nov 2009 02:23 GMT
    ... of 2009, with the US and the UK likely to follow before the end of ... in personal consumption will be constrained. The banking sector remains feeble and risk-averse, which limits ... in spite of the risks. Other central banks have been less aggressive. But it is reassuring ...

  • David Morgan resigns as BHP director 24 Nov 2009 02:20 GMT
    ... BHP Billiton Ltd director David Morgan has quit, and ... Dr Morgan, a former head of Westpac Banking Group Ltd, resigned after becoming managing director of JC ... Flowers, Europe and Asia Pacific, based in London, BHP Billiton said in a statement on ...

  • Local stocks hand back early gains 24 Nov 2009 01:55 GMT
    ... The Australian sharemarket has subsided from a rise in ... in Europe and Asia Pacific, based in London. In the banking sector, ANZ Banking Group firmed 1.09 per cent to ...

  • TAKE-A-LOOK: World stocks rise, gold sees new record 24 Nov 2009 01:53 GMT
    ... Gold scaled a record high on a weak dollar and global ... in S&P new capital ratio study > UK PM Brown calls for plan on global imbalances > Dutch central bank worries about deficits, US dollar > ...

  • Dundalk set for £390m ski, tourism and casino development 24 Nov 2009 01:52 GMT
    ... An audacious plan for a multi-million pound futuristic tourism ... a frontier town, the developers are also banking on the Irish government taking a more ... the security forces. In the 1970s the British media dubbed it El Paso, after the ...

  • Hit Google where it really hurts 24 Nov 2009 01:52 GMT
    ... vital weapon for online publishers. Worried about banks' profits given tomorrow's Supreme Court ruling on unauthorised ... some comfort from this statistic: the average UK standard variable mortgage rate is now 4.7 ... as the poor relations of their investment banking counterparts. But there aren't many businesses where ...

  • Mysteries of the Nile 24 Nov 2009 01:52 GMT
    ... and popular enthusiasm for all things Egyptian. London Illustrated News followed up with romanticised depictions ... scenes that would excite and fascinate the British public. Thomas Cook from 1869 ran steamships up the ... Kingdom landmark. He had met Sir Joseph Banks in London and with his patronage travelled in ...

  • Novato-based Willis Lease obtains $240 million credit line 24 Nov 2009 01:52 GMT
    ... revolving credit facility from a group of banks led by Union Bank and Wells Fargo Bank. The credit ... has an interest rate equal to the London Interbank Offered Rate (Libor) plus 3.5 percent. ...

  • Citi upgrades 2010 economic growth forecast, expects an uneven global recovery 24 Nov 2009 01:52 GMT
    ... are seen at a sorting office in London, during a postal strike, Thursday, Oct. 22, ... the second and third fiscal quarters. Central banks are unlikely to hike key interest rates ... domestic product outlook for the U.S., Japan, Britain, Australia, New Zealand, Hong Kong, Korea, Argentina, Hungary, ...


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