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Lehman reportedly in talks to sell real estate and securities

NEW YORK (Reuters) - Lehman Brothers is in talks for potential sale of its $40 billion (21 billion pounds) portfolio of commercial real estate and securities in an effort to bolster its finances following costly credit-related write-downs, the …

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Lehman reportedly in talks to sell real estate and securities

Dollar surge knocks down commodities, stocks rise

NEW YORK (Reuters) - A growing perception among investors that growth in Europe is slowing just as a U.S. recovery begins drove the dollar higher and pushed oil prices to three-month lows on Friday, …

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Dollar surge knocks down commodities, stocks rise

FTSE eases as commodities slide hits miners

LONDON (Reuters) - The FTSE eased on Friday as falling commodity prices helped quell fears over inflation but hit shares in the index-heavyweight oil and mining sectors.

FTSE eases as commodities slide hits miners

Oil falls to $112 on global demand worries

NEW YORK (Reuters) - Oil dropped more than $2 to $112 a barrel on Friday on growing concerns about demand in industrialized nations and the stronger dollar.

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Oil falls to $112 on global demand worries

Pound hits lowest in over 2 years

LONDON (Reuters) - The pound sank on Friday to its lowest level against the dollar in over two years, on a growing conviction that the economy is stagnating and that the dollar’s seven-year downtrend may finally be ending.

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Pound hits lowest in over 2 years

Merrill to avoid UK tax after $29 bln loss

LONDON (Reuters) - Merrill Lynch’s recent woes have one big silver lining - reducing its tax burden in the UK by billions of dollars.

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Merrill to avoid UK tax after $29 bln loss

Oil falls under $112 on bearish global demand

LONDON (Reuters) - Oil dropped below $112 a barrel on Friday, down more than $2.50, to its lowest level since early May, pressured …

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Oil falls under $112 on bearish global demand

Home repossessions at 16-year high

LONDON (Reuters) - English and Welsh courts ordered more home repossessions in the second quarter of 2008 than at any time since the housing market crash of the early 1990s, in a further sign the economic slowdown is hitting households hard.

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Home repossessions at 16-year high

Banks may be left with stake as B&B cash call closes

LONDON (Reuters) - Britain’s top banks may be left with a key holding in Bradford & Bingley after a 400 million pound cash call closed on Friday with shares trading just a shade above the rights issue price.

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Banks may be left with stake as B&B cash call closes

Banks may be left with stake as B&B cash call closes

LONDON (Reuters) - Britain’s top banks may be left with a key holding in Bradford & Bingley after a 400 million pound cash call closed on Friday with shares trading just a shade above the rights issue price.

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Banks may be left with stake as B&B cash call closes