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Reuters: Business News
Fri, 04 Jul 2008 15:03:10 -0400

http://www.reuters.com

Jul 04, 2008 10:04AM

BCE buyers finalize funding for $34 billion buyout

TORONTO (Reuters) - The buyers of telecoms company BCE Inc are sticking to the agreed C$34.8-billion ($34.1 billion) purchase price and have finalized the funding for the deal to go ahead, the company said on Friday.

Jul 04, 2008 11:26AM

Merrill nears deal to sell Bloomberg stake: report

NEW YORK (Reuters) - Merrill Lynch & Co may sell its 20 percent stake in financial news and data provider Bloomberg LP to a blind trust controlled by New York City Mayor Michael Bloomberg, The New York Post reported on Friday.

Jul 04, 2008 10:33AM

French bank body fines SocGen $6 million over Kerviel

PARIS (Reuters) - France's Banking Commission on Friday fined Societe Generale 4 million euros ($6.3 million) for serious breaches in internal controls revealed by the French bank's 4.9 billion euro rogue trading loss.

Jul 04, 2008 06:19AM

Tax credit to save UBS from hefty loss

ZURICH (Reuters) - Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed though short-lived boost to its share price.

Jul 04, 2008 09:56AM

EU opens in-depth investigation of Rio-BHP deal

BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday into BHP Billiton's $170 billion unsolicited bid for rival miner Rio Tinto , with prices of iron ore already soaring.

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Economic news - CNNMoney.com
Jul 04, 2008 03:11AM

http://money.cnn.com/rssclick/news/economy/?section=money_news_economy

Jul 03, 2008 11:19AM

Fireworks for the dollar

It's appropriate, as we head into a long holiday weekend to celebrate America's independence, that the dollar rallied a bit Thursday.

Jul 03, 2008 12:03PM

Utah goes to 4-day workweek to save energy

Read full story for latest details.

Jul 03, 2008 07:30AM

A half-year of job losses

Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government's closely watched report Thursday showed continued weakness in the labor market.

Jul 03, 2008 12:00PM

Unemployment claims surge

Read full story for latest details.

Jul 04, 2008 03:10AM

Gas prices scale record $4.10 a gallon

The high cost of gas is one thing Americans won't be celebrating on July 4.

© 2008 Cable News Network LP, LLLP.


BBC News | Business | UK Edition
Fri, 04 Jul 2008 19:15:11 GMT

http://news.bbc.co.uk/go/rss/-/1/hi/business/default.stm

Jul 04, 2008 10:47AM

UK investors rescue B&B cash call

Bradford & Bingley confirms that its plan to raise £400m has been rescued by a group of UK investors.

Jul 04, 2008 10:53AM

SocGen hit by rogue trader fine

French bank Societe Generale is fined 4m euros for allowing one of its staff to operate as a rogue trader.

Jul 04, 2008 12:12PM

UK spending power 'in heavy fall'

The average UK household is 15% worse off than it was five years ago, an Ernst & Young report suggests.

Jul 04, 2008 06:56AM

Two lenders trim mortgage costs

The Nationwide and Abbey are cutting their mortgage rates slightly - but mainly for those with large deposits.

Jul 04, 2008 11:05AM

EU probe into BHP targeting Rio

The EU opens an in-depth probe into BHP Billiton's $170bn unsolicited bid for rival miner Rio Tinto.

Copyright: (C) British Broadcasting Corporation, see http://news.bbc.co.uk/1/hi/help/rss/4498287.stm for terms and conditions of reuse


Forbes.com: Business News
Jul 04, 2008 12:08PM

http://www.forbes.com/business/?feed=rss_business

Jul 04, 2008 03:00AM

Fed Ponders Private Equity In Banks

With banks unable to attract traditional capital and the credit crisis persisting, the Fed may ease rules for private investors.

Jul 03, 2008 10:20AM

Truth or Dare

Do we really want the unvarnished truth from someone running a financial institution? Predicting a collapse is likely to be self-fulfilling.

Jul 03, 2008 10:00AM

Crunch Still On, Banks Stay Tight

Canceled deals are a reminder of how little Wall Street is willing to lend.

Jul 03, 2008 09:35AM

Here Comes Carbox

The combination of carbon footprints and Sarbanes-Oxley has corporate America running scared--creating a boom for consultants.

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