Business News:

Euro hurt by European woes; China data boosts oil 10 Mar 2010, 3:00 am

HONG KONG (Reuters) - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's s. […]

Source: Reuters: Business News Reuters: Business News |

Oil slips for 2nd day before U.S. inventories 10 Mar 2010, 2:59 am

SINGAPORE (Reuters) - Oil fell toward $81 a barrel on Wednesday in volatile trade as expectations for a gain in U.S. crude stockpiles offset surging Chinese imports.

Source: Reuters: Business News Reuters: Business News |

China's Geely secures financing to buy Volvo: report 10 Mar 2010, 2:40 am

STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported o. […]

Source: Reuters: Business News Reuters: Business News |

Strong China trade data make case for firmer yuan 10 Mar 2010, 2:27 am

BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan. […]

Source: Reuters: Business News Reuters: Business News |

Swiss Re sees $4-$7 billion insurance losses from quake 10 Mar 2010, 1:37 am

ZURICH (Reuters) - Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices.

Source: Reuters: Business News Reuters: Business News |

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Financial News:

BofA scraps overdraft fees for card users 10 Mar 2010, 12:15 am

Bank of America said it would eliminate overdraft fees for debit card customers in a move designed to quell consumer frustration and keep the bank a step ahead of new regulations that restrict such ch. […]

Source: FT.com - Financials FT.com - Financials |

Mortgage lending lifts Canada bank earnings 9 Mar 2010, 9:09 pm

The country's five big banks have again shown their mettle after reporting combined quarterly net income of C$5bn, up more than two-thirds from 2009

Source: FT.com - Financials FT.com - Financials |

Apollo to buy Citi real estate unit 9 Mar 2010, 8:24 pm

Apollo Management has signed a preliminary agreement to buy Citigroup's property investment unit in a deal that would give Leon Black's private equity firm a far bigger presence globally, people famil. […]

Source: FT.com - Financials FT.com - Financials |

Gartmore cautious in spite of inflow of funds 9 Mar 2010, 7:45 pm

The asset management group offers a cautious outlook for the rest of 2010 despite a £273m net inflow of funds in the first two months of the year as volatility returned to the market

Source: FT.com - Financials FT.com - Financials |

Senators eye pre-funded resolution authority 9 Mar 2010, 7:37 pm

Senators in the banking committee have agreed in principle to a partially pre-funded 'resolution authority' to wind down a failing bank holding company, favouring a structure that would levy a $50bn c. […]

Source: FT.com - Financials FT.com - Financials |

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Sunday, March 29th, 2009

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