Boeing strike threatens global aero industry

September 7, 2008 on 10:27 pm | In Business News | No Comments

EVERETT, Washington/NEW YORK (Reuters) - Boeing Co’s 27,000 machinists prepared for a third day of strike action, halting production at the plane maker’s Seattle-area plants in protest at Boeing’s contract offer and what they see as plans to shift more jobs to non-union and foreign companies.

View post:
Boeing strike threatens global aero industry

Barclaycard sees end of road for plastic cards

September 7, 2008 on 7:04 pm | In Business News | No Comments

LONDON (Reuters) - Britain’s biggest credit card provider Barclaycard is to boost its contactless payment system which it believes will mean the physical plastic credit card will die out in the foreseeable future.

Read the original post:
Barclaycard sees end of road for plastic cards

Barclaycard sees end of road for plastic cards

September 7, 2008 on 7:04 pm | In Business News | No Comments

LONDON (Reuters) - Britain’s biggest credit card provider Barclaycard is to boost its contactless payment system which it believes will mean the physical plastic credit card will die out in the foreseeable future.

Original post:
Barclaycard sees end of road for plastic cards

U.S. seizes Fannie, Freddie, aims to calm markets

September 7, 2008 on 5:54 pm | In Business News | No Comments

WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac, launching what could be its biggest federal bailout ever, in a bid to support the U.S. housing market and ward off more global financial market turbulence.

Read more here:
U.S. seizes Fannie, Freddie, aims to calm markets

Fannie, Freddie bailout offers bank stocks reprieve

September 7, 2008 on 5:12 pm | In Business News | No Comments

NEW YORK (Reuters) - Financial stocks may rise on Monday after the U.S. government took over troubled mortgage companies Fannie Mae and Freddie Mac, but this may be only a temporary reprieve given the long list of woes banks are currently battling.

See the original post here:
Fannie, Freddie bailout offers bank stocks reprieve

Government takes over Fannie Mae, Freddie Mac

September 7, 2008 on 3:17 pm | In Business News | No Comments

WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac, launching what could be its biggest federal bailout ever, in a bid to support the U.S. housing market and ward off more global …

More here:
Government takes over Fannie Mae, Freddie Mac

Government seizes control of GSEs

September 7, 2008 on 1:50 pm | In Business News | No Comments

WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac, in what could be the biggest federal bailout in U.S. history in a bid to support the U.S. housing market and ward off more global financial market turbulence.

Go here to see the original:
Government seizes control of GSEs

U.S. government takes over Fannie Mae and Freddie Mac

September 7, 2008 on 12:29 pm | In Business News | No Comments

WASHINGTON (Reuters) - The U.S. government announced on Sunday that it was taking control of troubled mortgage finance giants Fannie Mae and Freddie Mac, effectively wiping out shareholders’ interest in the publicly traded companies.

More here:
U.S. government takes over Fannie Mae and Freddie Mac

Munich Re says subprime crisis may aid reinsurer prices

September 7, 2008 on 12:23 pm | In Business News | No Comments

MONACO (Reuters) - Reinsurance companies may benefit indirectly from the downturn in capital markets that has hit investment income in the sector because it may prevent them from lowering prices for the risk cover they provide to insurers, Munich Re said on Sunday.

Read more:
Munich Re says subprime crisis may aid reinsurer prices

Government takes control of embattled Fannie, Freddie

September 7, 2008 on 11:13 am | In Business News | No Comments

WASHINGTON (Reuters) - The U.S. government announced on Sunday that it was taking control of troubled mortgage finance giants Fannie Mae and Freddie Mac, effectively wiping out shareholders’ interest in the publicly traded companies.

Read the original post:
Government takes control of embattled Fannie, Freddie

Next Page »

Entries and comments feeds. Valid XHTML and CSS

Copyright Galaxy Visions Group