TOP 100 FINANCIAL SITES
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| UPDATE 1-Goldman sees $1-$12 bln more writedowns at top brokers Feb 25 (Reuters) - Goldman Sachs said it expects additionalwritedowns of about $1 billion to $12 billion each for severalmajor U.S. brokers in the first quarter, with Citigroup estimated to record the highest amount of about $12 billion. feeds.reuters.com |
Flowers calls for meeting with Friends, shares rise LONDON (Reuters) - Private equity firm JC Flowers has called for a meeting with Friends Provident, after the troubled UK insurer publicly asked its U.S. suitor to make clear whether it planned to bid for it. feeds.reuters.com |
Singapore Airport aims to handle 50 mln passengers annually Singapore's Transport Minister Raymond Lim said on Friday that Changi Airport will meet a target of handling 50 million passengers a year in next five years. This target is in line with the expected tourists boom in the state with u ... english.people.com.cn |
Merrill Lynch Swings to a Loss Merrill Lynch posted its third straight quarterly loss as the brokerage recorded a further $9 billion in write-downs on mortgage-related assets, leveraged loans and hedges. (Conference call transcript) online.wsj.com |
Brazil: Investment rating shows economic stability The investment rating granted by rating firm Standard & Poor's shows Brazil's economic stability and will increase the flow of foreign investment, Brazilian Central Bank President Henrique Meirelles said Wednesday. "It certainly is ... english.people.com.cn |