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U.S. plan for Fannie and Freddie to hit shareholders

WASHINGTON (Reuters) - The U.S. government plans to take over Fannie Mae and Freddie Mac and all shareholders of the …

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U.S. plan for Fannie and Freddie to hit shareholders

Government plan for Fannie, Freddie to hit shareholders

WASHINGTON (Reuters) - The U.S. government plans to takeover Fannie Mae and Freddie Mac and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday.

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Government plan for Fannie, Freddie to hit shareholders

Boeing machinists walk off the job as talks fail

NEW YORK/EVERETT, Washington (Reuters) - Boeing’s 27,000-strong machinists’ union walked off the job on Saturday after the plane maker failed to improve its contract offer following two days of emergency talks.

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Boeing machinists walk off the job as talks fail

Ferrrovial says to sell Belfast Airport to ABN

MADRID (Reuters) - Spain’s Ferrovial said on Saturday it had reached a deal with ABN Amro Global Infrastructure Fund with the participation of Faros Infrastructure Partners to sell Belfast City Airport.

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Ferrrovial says to sell Belfast Airport to ABN

Alitalia adviser to meet BA on rescue plan

MILAN (Reuters) - Alitalia’s adviser will soon present details of the airline’s rescue plan to British Airways , considered by Italy as a possible …

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Alitalia adviser to meet BA on rescue plan

HBOS chief warns credit crunch to last

LONDON (Reuters) - The chief executive of Britain’s biggest home lender, HBOS, warned on Saturday that the credit crunch was likely to last until early 2010.

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HBOS chief warns credit crunch to last

Elson to front biggest ever John Lewis campaign

LONDON (Reuters) - Department stores group John Lewis announced its biggest ever fashion advertising campaign on Saturday, stepping up competition in a market suffering from weaker consumer spending and a wet summer.

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Elson to front biggest ever John Lewis campaign