Westpac may boost $17.6 billion bid for St. George

May 17, 2008 on 9:40 pm | In Business News | No Comments

SYDNEY (Reuters) - Westpac Banking Corp Ltd , which has bid for St. George Bank in the biggest banking takeover in Australian corporate history, is open to increasing its $17.6 billion (9 billion pounds) offer, its chief said on Sunday.

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Westpac may boost $17.6 billion bid for St. George

EADS to roll out A400M on June 26

May 17, 2008 on 2:26 pm | In Business News | No Comments

PARIS (Reuters) - European aerospace group EADS plans to roll out the A400M heavy airlifter for its first public viewing on June 26, the company said on Saturday.

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EADS to roll out A400M on June 26

Lockhart says world will feel U.S. slowdown

May 17, 2008 on 1:22 pm | In Business News | No Comments

ATLANTA (Reuters) - U.S. exports have been helped by a weaker dollar and this is providing a boost to an otherwise weak economy, Federal Reserve Bank of Atlanta President Dennis Lockhart said on Saturday.

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Lockhart says world will feel U.S. slowdown

HSBC to buy majority in Indian broker

May 17, 2008 on 6:05 am | In Business News | No Comments

MUMBAI (Reuters) - HSBC said on Saturday it will acquire 73.21 percent of Indian brokerage IL&FS Investsmart in …

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HSBC to buy majority in Indian broker

Iran says OPEC will not boost output

May 17, 2008 on 4:37 am | In Business News | No Comments

TEHRAN (Reuters) - Iran’s oil minister rejected on Saturday any idea of OPEC raising production, saying it would fail to ease record prices as the market was already “saturated” with oil.

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Iran says OPEC will not boost output

Iran oil minister says OPEC will not increase output

May 17, 2008 on 2:23 am | In Business News | No Comments

TEHRAN (Reuters) - Iran dismissed on Saturday Saudi Arabia’s decision to boost oil output as a “political move” and said any OPEC production hike would only lead to an increase in reserves, an Iranian news agency said.

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Iran oil minister says OPEC will not increase output

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