TOP 100 FINANCIAL SITES
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| Pearl's takeover of Resolution hits fresh delay LONDON (Reuters) - The planned takeover of British insurer Resolution by rival Pearl has hit a fresh delay, the closed life insurer said on Friday, reviving worries the 4.9 billion-pound ($9.6 billion) deal could be derailed. feeds.reuters.com |
FBI investigates top U.S. home-loan firm Countrywide Financial Corp, the largest United States mortgage lender, is under scrutiny by the Federal Bureau of Investigation for possible securities fraud, according to a source. Citing an anonymous insider, Bloomberg News report ... english.people.com.cn |
Asia first-quarter investment bank revenues hit less than U.S., Europe HONG KONG (MarketWatch) -- Volatile markets took a toll on investment banking revenue in Asia in the first quarter of 2008, but thanks to Chinese and Indian initial public offerings and China's acquisition of a stake in Rio Tinto, the region fared better than the U.S. or Europe, according to figures released Friday by data provider Dealogic. feeds.marketwatch.com |
China growth, inflation slow but remain hot; reserve ratios hiked SAN FRANCISCO (MarketWatch) -- China's economy continued to grow at a double-digit pace in the first quarter and inflation remained near a recent high, showing that government cooling steps and the global downturn are having only a limited impact on domestic conditions in the world's fourth-largest economy. feeds.marketwatch.com |
Kodak's Loss Narrows With Digital Growth Kodak's loss narrowed without major restructuring charges for the first time in years, but results trailed expectations due to rising costs of silver and aluminum used in the company's film and printing-plate operations. online.wsj.com |