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- Deadly sniper rampage at Texas base
- Boxing world awaits David v Goliath
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- Killer survived shooting spree
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- Heads roll over gender test handling
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- Should a halt to settlements expansion be a pre-requisite to peace talks?
- Sri Lanka's unskilled migrants asylum solution
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- Mayor: Pay 'underclass' not to breed
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- RBA lifts rates by 25 basis points
Freddie Mac posts $6b loss
07 Nov 2009, 4:10PM
The troubled US mortgage finance giant Freddie Mac has lost $A6.9 billion for shareholders but is not seeking further government bailout funds.
- U.S. mortgage rates drop below
Fannie Mae posts $18.9 billion Q3 loss
06 Nov 2009, 9:18AM
Fannie Mae, the largest provider of funding for U.S. home loans, has said it will be asking for another US$15bn in taxpayer funds.
Super help for small businesses
06 Nov 2009, 8:51AM
Small business operators will have access to a free superannuation clearing house service from July 2010.
Ericsson to close Nortel deal 'very soon'
06 Nov 2009, 7:29AM
Telecom equipment maker Ericsson expects to close its acquisition of key assets of bankrupt Nortel Networks Corp shortly, a senior company executive said.
RBA chief backs govt's stimulus action
06 Nov 2009, 9:10AM
The Reserve Bank of Australia chief has given his full backing to the stimulus actions taken by the Rudd government.
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- Geithner says need to keep stimulus on03:14 AM |
- UK gives ground on global tax on banks11:14 PM |
- U.S. regulators close Gateway Bank, Prosperan Bank11:45 AM |
- Stocks eye retailers as jobless ranks swell10:59 AM |
- U.S. closes Home Federal Savings in Detroit10:42 AM |
Geithner says need to keep stimulus on
08 Nov 2009, 3:14AM
ST ANDREWS, Scotland (Reuters) - U.S. Treasury Secretary Timothy Geithner said high unemployment rates show that economic recovery is still perilous and governments need to maintain stimulus as long as necessary to ensure sustained growth.
U.S. regulators close Gateway Bank, Prosperan Bank
07 Nov 2009, 11:45AM
WASHINGTON (Reuters) - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year.
U.S. closes Home Federal Savings in Detroit
07 Nov 2009, 10:42AM
WASHINGTON (Reuters) - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions.
Berkshire Hathaway's net income triples
07 Nov 2009, 9:35AM
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc
Harvard biz grads send neutral signal on stocks
07 Nov 2009, 7:16AM
NEW YORK (Reuters) - Harvard Business School is sending 28 percent of its 2009 graduating class onto careers in finance, a mildly bullish sign for the economy, said Ray Soifer, an independent bank consultant.
BofA CEO search to drag until Thanksgiving: report
07 Nov 2009, 2:41AM
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp's
Kraft in waiting game as Cadbury deadline nears
07 Nov 2009, 1:09AM
LONDON (Reuters) - Kraft Foods
Calpers knew in 2003 about forex trading hits: report
06 Nov 2009, 10:36PM
Last month, California's attorney general sued State Street Corp
BA sees improved outlook, swings to H1 loss
06 Nov 2009, 10:17PM
LONDON (Reuters) - British Airways Plc fell to a worse than expected first-half loss and forecast annual revenue would be 1 billion pounds lower than last year, but said traffic volumes and yields had stabilized.
Asia stocks, oil advance before U.S. job numbers
06 Nov 2009, 5:41PM
HONG KONG (Reuters) - Asian stocks rose ahead of the latest U.S. payrolls report on Friday, expected to show the fewest job losses since August 2008, while oil prices recovered to $80 a barrel after a sharp drop on high U.S. fuel inventories.
