Posted by admin on March 16th, 2008
MUMBAI, March 16 (Reuters) - State Bank of India (SBI.BO: Quote, Profile, Research),
India’s largest bank, has suffered a loss of 10 million rupees
($250,000) in the overseas credit derivatives market, the
Sunday Business Standard newspaper said on Sunday.
The newspaper quoted India’s junior finance minister Pawan
Kumar Bansal as saying the state-run bank’s [...]
Posted by admin on March 16th, 2008
Canada Pension to Bid for Other Gateways With Auckland Airport
By Emma OBrien
March 14 (Bloomberg) — Canada Pension Plan Investment Board,
which today won approval from shareholders for its partial
takeover of Auckland International Airport Ltd., said it will
work with the New Zealand [...]
Posted by admin on March 14th, 2008
Auckland Airport Shareholders Endorse Canadas Offer
By Emma OBrien
March 14 (Bloomberg) — Auckland International Airport Ltd.
said a majority of investors accepted Canada Pension Plan
Investment Boards partial takeover bid for New Zealands busiest
gateway, after the fund reduced its voting power.
[...]
Posted by admin on March 14th, 2008
Mexico Lower House Leaders Agree to Mourino Probe
By Jens Erik Gould and Adriana Lopez Caraveo
March 13 (Bloomberg) — Mexican congressional leaders
voted to start an investigation into accusations Interior
Minister Juan Camilo Mourino improperly helped his family win
contracts from the state oil [...]
Posted by admin on March 14th, 2008
The FINANCIAL — According to online magazine Civil Georgia, the Parliament approved with 153 votes the amendments to the 2008 state budget, envisaging an increase in revenues by GEL 202 million and expenditure – by GEL 203 million.
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Nika Gilauri, the finance minister, said that the current increase in [...]
Posted by admin on March 14th, 2008
Mexican Lower House to Investigate Mourino Contracts (Update3)
By Jens Erik Gould and Adriana Lopez Caraveo
March 13 (Bloomberg) — Mexicos lower house of Congress
voted to start an investigation into accusations that Interior
Minister Juan Camilo Mourino improperly helped his family win
contracts from [...]
Posted by admin on March 14th, 2008
By Katrina Manson FREETOWN, Jan 27 (Reuters) - Sierra Leone’s new president will seek more aid and investment from leading donor Britain this week to speed post-war reconstruction, the West African country’s finance minister said. President Ernest Bai Koroma is due to meet British Prime Minister Gordon Brown on Monday [...]
Posted by admin on March 14th, 2008
(Adds company items, futures; updates snapshot)
PARIS, Feb 4 (Reuters) - European shares were set to rise on Monday, adding
to the previous session’s sharp gains as mergers and acquisitions activity
continued to fuel a recovery in equity markets around the world.
By 0730 GMT, Euro Stoxx50 futures STXEc1, DAX futures FDXc1 [...]
Posted by admin on March 14th, 2008
LONDON, Feb 8 (Reuters) - Britain’s FTSE 100 .FTSE index is expected to
open as much as 0.6 percent higher on Friday, according to financial bookmakers,
after sharp losses in the previous session and after shares on Wall Street
snapped a three-day losing run.
U.S. stocks rebounded on Thursday, as relatively cheap valuations [...]
Posted by admin on March 14th, 2008
(Updates with company news, futures, refreshes prices)
LONDON, March 12 (Reuters) - European shares were expected to rise on
Wednesday, tracking gains in the United States and Asia after the Federal
Reserve and other major central banks teamed up to pump extra cash into the
frozen credit markets.
By 0746 GMT March Eurostoxx50 [...]