IPO Reporter

SYDNEY (Reuters) - The U.S. government is weighing guaranteeing billions of dollars in bank debt and temporarily insuring al U.S. bank deposits, in a bid to unfreeze bank lending and staunch massive losses in equity markets, The Wall Street Journal reported on Friday.
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HONG KONG (Reuters) - Asian stocks plunged on Friday, with Japan's Nikkei down more than 10 percent, while the yen and U.S. Treasury debt prices rose, as panic set in after global efforts so far failed to unlock credit markets.
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TOKYO (Reuters) - The global economic crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller banks, as Tokyo shares flirted with their biggest one-day fall since the 1987 market crash.
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(Reuters) - American International Group Inc has so far borrowed $70.3 billion under a U.S. government bailout loan even as regulators keep a close eye on how the insurer is using those funds, The Wall Street Journal said.
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NEW YORK (Reuters) - A worsening job market and financial market turmoil slammed U.S. consumer spending in September, despite falling gasoline and food prices, according to a private report released on Friday.
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HONG KONG/NEW YORK (Reuters) - Fearful selling clenched Asian markets on Friday after U.S. stocks plunged, heaping pressure on economic powers to halt a global spiral of financial distress and slowing growth.
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NEW YORK (Reuters) - Prudential Financial Inc is the latest major insurer to warn its quarterly profits would miss forecasts, as the shares of rivals were pummeled on concern they would need to raise capital.
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Greek shipping firm Safe Bulkers files for U.S. IPO

WASHINGTON, May 16 (Reuters) - Safe Bulkers Inc, a Greek shipping company, said on Friday it is planning an initial public offering of 10 million shares for between $20 and $22 per share.
Bristol: Goodness Gracious, Great Wheels Of Fire! (PR Newswire)

If your rush-hour commute gives you a fiery temper then keep your eyes peeled for the 'Great Wheels of Fire' on Bristol's streets and you could travel in style - for free. The UK's favourite restaurant brand Beefeater has this week unveiled five 'hot rod' style Beefeater taxis which will offer free trips to people flagging them down over the next working week .