|
Teck to sell 17 percent stake to China for C$1.74 billion (Reuters)
Earnings to set tone for stocks in week ahead (Reuters)
Stanford clients sue insurance broker Willis Group (Reuters)
Dollar status unlikely to be in G8 communique: G8 source (Reuters) Reuters - The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday. Earnings to set tone for stocks in week ahead (Reuters)
Fannie, Freddie ease terms for mortgage refinance (Reuters)
AIG to sell consumer finance unit in Colombia (AP) AP - American International Group Inc. on Wednesday said it agreed to sell all of its ownership interests in its consumer finance operations in Colombia, the latest in a recent string of asset sales by the embattled insurer to bolster its finances. Dollar climbs after poor European retail sales (AFP)
You can save this news page by submitting it to your favorite sites:
All News Lines - Local and World Wide, Updated Hourly
|
| |||||||||||||||||||||||||||||||||
|
Reuters - Teck Resources (TCKb.TO) said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.
Reuters - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.
Reuters - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.
Reuters - The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages.
AFP - The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the "safe-haven" greenback.
