Schroders urges flexibility on bank dividends
Fund manager Schroders has urged the government to take a more flexible approach towards banks and potentially relax constraints on dividends under its proposed bailout plan.
Diamonds are for later: Belgian gem gala shelved by crisis
The main players in the diamond industry have postponed a gala conference in Antwerp, Belgium, deeming it inappropriate to be flaunting their rocks while the world economy is on the rocks.
Xstrata needs no refinancing
Mining group Xstrata said on Tuesday it is well placed with financing and posted solid third-quarter production results, except in mined copper, its most important metal.
Fed aids money markets as IMF readies rescues
The U.S. Federal Reserve devised a new plan to inject liquidity into money markets on Tuesday, joining the latest round of emergency measures around the globe to curb the worldwide financial crisis.
Euro falls to 19-month low against dollar
The euro hit a 19-month low against the dollar on Tuesday on lingering worries about a European economic slowdown as a fresh plan to bolster the US economy boosted the greenback, dealers said.
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Fund manager Schroders has urged the government to take a more flexible approach towards banks and potentially relax constraints on dividends under its proposed bailout plan.
Diamonds are for later: Belgian gem gala shelved by crisis
The main players in the diamond industry have postponed a gala conference in Antwerp, Belgium, deeming it inappropriate to be flaunting their rocks while the world economy is on the rocks.
Xstrata needs no refinancing
Mining group Xstrata said on Tuesday it is well placed with financing and posted solid third-quarter production results, except in mined copper, its most important metal.
Fed aids money markets as IMF readies rescues
The U.S. Federal Reserve devised a new plan to inject liquidity into money markets on Tuesday, joining the latest round of emergency measures around the globe to curb the worldwide financial crisis.
Euro falls to 19-month low against dollar
The euro hit a 19-month low against the dollar on Tuesday on lingering worries about a European economic slowdown as a fresh plan to bolster the US economy boosted the greenback, dealers said.
News from Yahoo News
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