TOP 100 FINANCIAL SITES
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| Unilever's Net Falls, but Sales Rise Unilever's net fell 65% from year-earlier results that included a big gain, while underlying sales grew 6.1%. online.wsj.com |
Siemens trims 3,800 jobs to sell telecom division is trimming 3,800 jobs from it corporate telecommunications division in an effort to make the unit more attractive to prospective buyers. The German electronics and manufacturing conglomerate announced Tuesday that it was downsizing ... english.people.com.cn |
Likelihood of 100 basis-point rate cut gaining a following Expectations that Federal Reserve next week will cut rates by a full percentage point, to 2%, gained traction among economists and traders after a bailout of Bear Stearns reveals more fault lines in the U.S. financial system. feeds.marketwatch.com |
Stocks Higher After Bernanke Testimony NEW YORK (AP) -- Stocks managed to notch a modest gain Thursday, with Wall Street cautious ahead of Friday's jobs report but hopeful that the global financial system is on the mend.... hosted.ap.org |
Allianz pays $600 mln for Turkish insurer stakes ISTANBUL/MUNICH (Reuters) - German insurer Allianz SE is paying nearly $600 million to raise its stake intwo Turkish insurers to a majority, bolstering its position inTurkey's fast-growing and under-insured market. feeds.reuters.com |