Autos, banks drive losses in Europe; BP and KPN outperform
European shares post losses, pulled down by weakness in automakers such as Fiat and banking stocks including UBS. feeds.marketwatch.com |
Citigroup Denies Mexico Unit Sale Plans - Paper
MEXICO CITY (Reuters) - U.S. bank Citigroup Inc has noplans to sell its Mexico or other Latin American units, theregional chief executive said in an interview published onTuesday, denying a report last week in the Wall Street Journal. feeds.reuters.com |
TiVo, YouTube To Deliver Videos To TVs
TiVo users will be able to watch YouTube clips on their televisions by year's end, TiVo Inc. said. feeds.cbsnews.com |
UBS Writes Off $19B In Losses
Switzerland's largest bank said it sees losses and writedowns of approximately $19 billion in the first quarter on U.S. real estate and related credit positions. feeds.cbsnews.com |
Rice crisis to push inflation up to 8% in Philippines
The Philippines will suffer a hard-hit by the global soaring rice prices, which might push the country 's inflation to a record 8 percent, well above the government's 3.0-5.0 inflation prediction for 2008, USB, one of the world's leading fi ... english.people.com.cn |