Obama vows end to irresponsible budgets
US President Barack Obama vowed that irresponsible budgets were a thing of the past as he promised bold action to help the US emerge stronger. ...
UK govt takes majority stake in Lloyds
The British government has become a majority shareholder in Lloyds Banking Group PLC in exchange for insuring more than $A575.4b in risky assets- the bank said. ...
Britain to announce fresh bank deal for Lloyds- BBC
LONDON AFP - Britains government has struck a deal to increase its stake in Lloyds Banking Group LBG to around 60 percent- details of which will be confirmed later on Saturday- according to the BBC. ...
Negroponte backs China in G8
WASHINGTON AFP - Former senior US diplomat John Negroponte said Friday it was unfathomable to exclude China from the Group of Eight- despite US opposition to expanding the elite club of rich nations. ...
London Stock Exchange Group Plc LON-LSE Reports 38 Increase In Electronic Trades Across The Group
London- United Kingdom- Mar 7- 2009 - ABN Newswire - A total of 17.5 million equity trades with a combined value of GBP119.2 billion EUR133.5 billion were carried out across the electronic order books of the London Stock Exchange Group LON-LSEPNK-LDNXF during February 2009. The average daily number of trades was 874-593- 13 per cent lower than during February 2008- while the average daily value traded was GBP6.0 billion EUR6. ...
Britain sets fresh bank deal for Lloyds
Britain's government has struck a deal to increase its stake in Lloyds Banking Group LBG to around 60 per cent-the BBC reported. ...
Property sales boom in western Sydney
It's only first-home buyers entering the property market that is keeping the sector afloat- the Property Council of NSW says. ...
Greece- Marfin agree to Olympic Airlines takeover- govt
ATHENS AFP - Greece has concluded an agreement with Marfin Investment Group to take over Olympic Airlines- the debt-ridden national air carrier- Development Minister Costas Hadzidakis announced Friday. ...
Euro auto output to fall 25 in 2009
European auto output will fall 25 per cent this year as the industry struggles in the global economic crisis. ...
Election campaign to heat up- Bligh says
Queensland Premier Anna Bligh says she expects the election campaign to heat up in the last two weeks before polling day. ...
Women earn 16pc less than men
Unions are highlighting pay differences between the sexes ahead of International Womens Day tomorrow. ...
Oil prices recover after US jobs report
LONDON AFP - Oil prices recovered slightly on Friday as traders brushed aside news of massive job losses in the United States- the worlds biggest energy consuming nation. ...
Berlusconi upbeat on economic outlook
Italian Prime Minister Silvio Berlusconi has struck a note of optimism on the global financial crisis- accusing the media of exaggerating its extent. ...
IMF calls for stimulus measures in 2010 as crisis digs in
WASHINGTON AFP - The International Monetary Fund called Friday for governments to take further stimulus measures to counter a severe global economic slump it sees extending into 2010. ...
Obama pledges action after job losses
Barack Obama pledged to take action following govt data which showed the US economy shed 651-000 jobs in February- pushing unemployment to 8.1 per cent. ...
Genentech urges shareholders to ignore higher Roche bid
NEW YORK AFP - US biotechnology firm Genentech Friday called on shareholders to take no action for the moment on a sweetened by its major stockholder- Swiss drug giant Roche. ...
Property sales boom in western Sydney
It's been revealed that property sales across western Sydney are booming- despite the financial crisis. ...
US unemployment hits 25-year high
The US economy haemorrhaged 651-000 jobs in February as the unemployment rate surged to a 25-year high of 8.1 per cent- according to official data. ...
GM denies reports it is considering bankruptcy
CHICAGO AFP - General Motors on Friday denied reports that it is considering a pre-packaged bankruptcy reorganization financed by the government as a good solution to its financial problems. ...
Opel aid talks to last weeks- German govt
BERLIN AFP - The German government will not decide for several weeks about possible state aid for the troubled car maker Opel- a spokesman said on Friday. ...
Toyota Contributes to Thai State-run Driving School New Curriculum Includes mobilitas Safe-driving Know-how
Bangkok- Mar 6- 2009 - JCN Newswire - TOYOTA MOTOR CORPORATION TMC announces it participated in a ceremony today to mark the implementation of improvements in course curriculum at the Center of Driving Instruction and Skill Development for Drivers- a state-run driving school in Bangkok- Thailand. ...
IUJ Announces New Mentor Network and Special Scholarship in Celebration of International Womens Day 2009
Niigata- Japan- Mar 6- 2009 - JCN Newswire - The International University of Japan IUJ is celebrating International Womens Day IWD in three exciting ways. ...
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