IPO News
UPDATE 1-Former IMF chief to advise EU on financial crisis
BRUSSELS, Oct 8 (Reuters) - A former top International Monetary Fund official will advise the European Union as part of the bloc's response to the global financial crisis, the EU executive body sai...
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UPDATE 1-Mexico delays $120 mln airport project on crisis
MEXICO CITY, Oct 8 (Reuters) - A proposed new airport for Mexico's Riviera Maya resorts became the first major casualty of Mexican government spending cuts due to the global financial crisis.
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Judge to reconsider fraud in Delphi/Appaloosa suit
NEW YORK, Oct 8 (Reuters) - A U.S. bankruptcy judge on Wednesday said he will reconsider a fraud claim he had earlier dismissed in Delphi Corp's (DPHIQ.PK:
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Solar demand exceeds supplies
SAN FRANCISCO (Reuters) - Demand for solar panels still exceeds supply despite a global financial crisis, allowing solar power company Suntech Power Holdings Co Ltd to keep 2009 price declines in the ...
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H-P Takes Next Step In EDS Merger Layoff Plans
The Public and Commercial Service Union in the U.K., which represents more than 2,000 EDS stafers, said H-P plans a total of 3,378 job cuts there. H-P also recently told regulators it plans to cut 1...
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TEXT-Statement by U.S. Treasury on debt management_
WASHINGTON, Oct 8 (Reuters) - The following is the text of a statement by U.S. Treasury Acting Assistant Secretary Karthik Ramanathan on debt management released on Wednesday by the U.S. Treasury: ...
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Fannie Mae sells $2 bln bills at lower interest rates
Fannie Mae said it sold $1 billion of three-month benchmark bills due Jan. 7, 2009 at a stop-out rate, or lowest accepted rate, of 1.550 percent and $1 billion of six-month bills due April 8, 2009 ...
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"At first blush, while this is a big step, it is unlikely to prove sufficient to stem the...
In an attempt to stem unprecedented global market turmoil, the Fed cut its key federal funds lending rate by half a percentage point to 1.5 percent and also lowered its discount rate by the same amoun...
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UPDATE 1-G7 leaders to meet on financial crisis-Germany
BERLIN, Oct 8 (Reuters) - Heads of government from the Group of Seven (G7) leading industrial nations plan to meet this year to discuss the financial crisis, German Deputy Finance Minister Joerg As...
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Kazakhstan warns miners, oil firms on environment
ASTANA, Oct 8 (Reuters) - Kazakhstan's Environmental Protection Ministry accused large oil and mining companies on Wednesday of failing to comply with their environmental commitments and threatened...
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IMF to cut global growth forcasts-German FinMin
BERLIN, Oct 8 (Reuters) - The International Monetary Fund is set to cut its global growth forecasts and sees major uncertainty in the outlook for the world economy, German Deputy Finance Minister J...
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  • IPIC, Qatar to establish $2 bln investment fund

    DUBAI, March 25 (Reuters) - Abu Dhabi government-owned IPIC and Qatar Investment Authority (QIA) will establish a $2 billion fund for global acquisitions, the managing director of IPIC said on Tues...

  • Bank of America Announces Pricing of Common Stock (PR Newswire)

    Bank of America Corporation today announced the pricing of its offering of $10 billion, or 455 million shares, of common stock. The transaction includes an option to the underwriters to purchase up to 68.25 million additional shares of common stock.