Industry News & Blogs Results 1-10 of 102,527

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Overview: Equities rally as risk appetite recovers

News  |  www.ft.com | 14 minutes ago

Reassuring results from leading investment banks and a dramatic slide in oil prices helped fuel a strong recovery in investor risk appetite this week, driving US and European equity markets higher and helping the dollar rally off a record low against the euro.

http://www.ft.com/cms/s/d5a2c06a-54ec-11dd-ae9c-000077b07658,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fd5a2c06a-54ec-11dd-ae9c-000077b07658.html%3Fnclick_check%3D1&_i_referer=&nclick_check=1

Citigroup posts loss of $2.5B as more consumers fail to make loan payments, still beats view

News  |  www.iht.com | 44 minutes ago

Citigroup posts loss of $2.5B as more consumers fail to make loan payments, still beats view

http://www.iht.com/articles/ap/2008/07/18/business/NA-US-Citigroup.php

California Issues Tougher Green Standards for Buildings

News  |  www.environmentalleader.com | 1 hour 19 minutes ago

California has issued new statewide building standards, seeking to reduce energy consumption of buildings by 15 percent and reduce water used for landscaping by 50 percent.

http://www.environmentalleader.com/2008/07/18/california-issues-tougher-green-standards-for-buildings/

BoE's Gieve says tighter credit has offset rate cuts

News  |  uk.reuters.com | 1 hour 27 minutes ago

LONDON (Reuters) - Tightening credit conditions have offset the last three Bank of England interest rate cuts and this needs to be taken into account when setting policy, Bank of England deputy governor

http://uk.reuters.com/article/businessNews/idUKLAC00288420080718?feedType=RSS&feedName=businessNews

Citigroup posts big loss

News  |  www.independent.co.uk | 1 hour 43 minutes ago

Citigroup has become the latest big bank to assuage Wall Street's worries about the financial sector, posting a $2.5bn (£1.3bn) second-quarter loss that was smaller than the market expected.

http://www.independent.co.uk/news/business/news/citigroup-posts-big-loss-871604.html

Baker Hughes Provides Corrected Regional Financial Information

Press Release  |  www.prnewswire.com | 1 hour 47 minutes ago

The original data was released on July 8, 2008. The corrected disclosure reflects an increase in operating profit for the MEAP region which exactly offsets the decrease in operating profit for the EARC region in each quarter.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/07-18-2008/0004851684&EDATE=

Argentine farmers urge gov't to scrap tax hike - Reuters

News  |  www.reuters.com | 1 hour 50 minutes ago

By Nicolas Misculin BUENOS AIRES, July 18 (Reuters) - Argentine farmers pressed the government on Friday to revoke the export taxes that were rejected by the Senate this week, saying the grains trade

http://www.reuters.com/article/marketsNews/idUSN1841116620080718

Wall Street pressured by oil volatility, techs

News  |  money.cnn.com | 1 hour 53 minutes ago

Stocks headed lower Friday, as negative quarterly results and rising crude oil prices put a damper on investor sentiment after two days of big rallies.

http://money.cnn.com/2008/07/18/markets/markets_newyork/index.htm?section=money_latest

A Look at the FDIC

News  |  www.paymentsnews.com | 1 hour 57 minutes ago

In an article titled "A Run on Your Money?", Daniel Gross writes for Newsweek about the Federal Deposit Insurance Corporation (FDIC) and its current chairman, Sheila Bair. He reports that "ninety banks are on the FDIC's problem list."

http://www.paymentsnews.com/2008/07/a-look-at-the-f.html

Merrill Lynch shares fall after reporting results - Forbes

News  |  www.forbes.com | 2 hours 7 minutes ago

Merrill Lynch & Co. shares fell Friday a day after the investment bank reported larger-than-expected losses for the second quarter.Merrill Lynch shares fell 55 cents to $30.18 in midday trading.

http://www.forbes.com/feeds/ap/2008/07/18/ap5230402.html

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