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Editoweb Magazine propose des commentaires d'actualité et de la littérature, des textes littéraires - sciences fiction, polar, littérature fantastique, ésotérisme - et des infos en temps réel.

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USA UK and Malta News
21/10/2008 - 20:02

UK Today Editoweb 21 october 2008

Diamonds are for later: Belgian gem gala shelved by crisis - Xstrata needs no refinancing - Fed aids money markets as IMF readies rescues.



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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