Reuters - U.S. private equity firm Texas Pacific
Group has agreed to take a 20 percent stake in
Bradford & Bingley in a much-needed boost for the
embattled UK mortgage lender, a source familiar with the matter
said on Monday.
Reuters - World Trade Organization
Director-General Pascal Lamy said on Sunday developed and
developing nations could still wrap up the Doha round of talks
on a global trade deal this year. -- read full article
Sun, 01 Jun 2008 17:48:39 GMT - Yahoo! News: Business
Reuters - Treasury Secretary Henry Paulson said
on Sunday leaders of Gulf oil producing states had told him
that abandoning their currency pegs to the dollar will not
solve their inflation problems.
Reuters - A high dose of the arthritis drug
Celebrex showed early signs that it may help prevent lung
cancer in heavy smokers, U.S. researchers said on Sunday.
Reuters - Shares of U.S. automaker General
Motors Corp could triple over the next few years as the
company's foreign sales are climbing and its labor costs are
falling, weekly business newspaper Barron's said in its June 2
issue.
Reuters - Belgium's InBev NV is close to
securing a $50 billion financing package to enable it to launch
a takeover bid for Anheuser-Busch Cos Inc , maker of
Budweiser beer, the Sunday Telegraph reported.
Reuters - The global economy is threatened by
continuing weaknesses in the U.S. economy and rising energy and
raw materials prices, European Central Bank Governing Council
member Mario Draghi said on Saturday.
Reuters - India's Sterlite Industries
on Saturday agreed to buy the operating assets
of bankrupt copper miner Asarco for $2.6 billion, the latest in
the series of overseas acquisitions by Indian firms. -- read full article
Sat, 31 May 2008 22:32:34 GMT - Yahoo! News: Business
Reuters - U.S. Treasury Secretary Henry Paulson
said on Saturday the dollar peg for currencies in the Gulf Arab
countries had served the region well and any changes to the peg
would be a sovereign matter.
Investor's Business Daily - Investors put cash back to work in stock funds in April after a heavy March outflow, reflecting seesawing markets. -- read full article
Thu, 29 May 2008 22:43:08 GMT - Yahoo! News: Business
Reuters - India's Sterlite Industries
on Saturday agreed to buy the operating assets
of bankrupt copper miner Asarco for $2.6 billion, the latest in
the series of overseas acquisitions by Indian firms. -- read full article
Sat, 31 May 2008 09:30:41 GMT - Yahoo! News: Business
Reuters - U.S. Treasury Secretary Henry Paulson
said on Saturday the dollar peg for currencies in the Gulf Arab
countries had served the region well and any changes to the peg
would be a sovereign matter. -- read full article
Sat, 31 May 2008 16:41:20 GMT - Yahoo! News: Business
Reuters - The U.S. commodity markets' chief
regulator will unveil policy changes next week meant to address
public and political concerns that market malfunctions may be
contributing to rising food and energy prices, The New York
Times reported on Saturday.
Reuters - JPMorgan Chase & Co said on
Saturday it completed its $1.4 billion Bear Stearns Cos
takeover, capping the demise of a Wall Street firm that
survived the Depression and numerous slumps in its 85 years but
could not navigate the mortgage crisis.
AP - The first round of economic stimulus checks gave a boost to personal incomes in April but a huge question remains: Will people spend the checks quickly enough to keep the economy afloat?
