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WASHINGTON, D.C. -- Detroit automakers are running out of time in their quest to convince skeptical lawmakers that Congress should throw them a $25-billion lifeline. Top executives with General Motors, Ford and Chrysler were to return to Congress ...
Read moreROME, Nov 16 (Reuters) - Striking Alitalia staff have hit back at the airline's management, saying hundreds of flight cancellations over the last week have been due to Alitalia's need to cut costs rather than their own industrial action. Alitalia has ...
Read moreNov 18 (Reuters) - Struggling real estate lender, Corus Bankshares Inc said it will defer interest payments on $404.6 million of junior subordinated debt as it seeks to conserve cash amid the current financial turmoil. Corus, battered by its exposure ...
Read moreQUETTA, Pakistan - The Pakistan government, battling to rescue a tumbling rupee while seeking to raise billions of dollars to stave off a debt default, last week raided the country's top currency exchange company and arrested its senior executives in ...
Read moreOTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets. In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for ...
Read moreMUMBAI: The Reserve Bank of India’s sudden move to allow companies to buy back foreign currency convertible bonds (FCCBs) on Saturday may not find many takers, as the tight liquidity scenario will make it difficult for firms to raise money for the ...
Read moreSALT LAKE CITY - (Business Wire) For the second consecutive year, Interbank FX ( IBFX.com ), a worldwide provider of online off-exchange retail foreign currency (Forex/FX) trading, has been crowned Best Foreign Exchange Broker at the 2008 Shares ...
Read moreTHE establishment of Nigerian Stock Exchange in Abeokuta will have a multiplier effects on industrial and economics development in the State, said Ogun State Governor Gbenga Daniel. The Director General / CEO of the Exchange, Prof. Ndi Okereke ...
Read moreLONDON, Nov 18 (Reuters) - Turnover growth in London's $1.68 trillion-a-day currency market is expected to have slowed in the six months to October as a consequence of the global financial market turmoil, a Bank of England official said on Tuesday ...
Read moreHONG KONG, Nov 13 (Reuters) - CITIC Pacific shares jumped as much as 17 percent on Thursday after the Beijing-backed investment conglomerate secured a $1.5 billion bailout from its parent following bad currency bets. State-run CITIC Group agreed to ...
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