Galaxy Visions Group

Lehman talks set to resume on Sunday

NEW YORK/WASHINGTON (Reuters) - Bankers and regulators held a second day of emergency talks to tackle the crisis at investment bank Lehman Brothers and soothe financial markets after U.S. Treasury and Fed officials urged Wall Street chiefs to come up with their own solution.

See the rest here:
Lehman talks set to resume on Sunday

Berlusconi calls on unions as Alitalia faces abyss

ROME (Reuters) - Italian Prime Minister Silvio Berlusconi called airline unions to emergency talks on Saturday evening in a last-ditch effort to save national flag carrier Alitalia from collapse.

Read more here:
Berlusconi calls on unions as Alitalia faces abyss

Meetings resume on Lehman fate

NEW YORK/WASHINGTON (Reuters) - U.S. government officials resumed meetings with the heads of some of Wall Street’s biggest banks on Saturday and were expected to further press the banks to craft a rescue for beleaguered Lehman Brothers Holdings Inc.

More here:
Meetings resume on Lehman fate

U.S. terms set to review Fannie, Freddie exit pay

WASHINGTON (Reuters) - U.S. financial regulators have decided how multi-million dollar severance packages for the departing chief executives of mortgage giants Fannie Mae and Freddie Mac could be limited.

Read the original:
U.S. terms set to review Fannie, Freddie exit pay

U.S. regulator sets terms to review Fannie, Freddie exec payouts

WASHINGTON (Reuters) - U.S. financial regulators have decided how multi-million dollar severance packages for the departing chief executives of mortgage giants Fannie Mae and Freddie Mac could be limited.

…

Read the rest here:
U.S. regulator sets terms to review Fannie, Freddie exec payouts

EADS denies backing out of U.S. tanker contest

BERLIN (Reuters) - Airbus parent EADS denied on Saturday it was thinking of abandoning efforts to supply air tankers to the United States after a German weekly reported it was threatening to walk away from the fraught tender process.

EADS denies backing out of U.S. tanker contest

Emergency talks on Lehman resume

WASHINGTON (Reuters) - A meeting between top government officials and the heads of some of Wall Street’s biggest investment banks over the fate of Lehman Brothers resumed on Saturday, a Federal Reserve official said.

More:
Emergency talks on Lehman resume

ECB-inflation to ease as oil falls but no all-clear

NICE, France (Reuters) - Euro zone wage demands cannot be allowed to spiral higher even if declines in oil prices look like they might bring inflation down more quickly than expected, European Central Bank officials said on Saturday.

View original here:
ECB-inflation to ease as oil falls but no all-clear

EU ministers outline bank supervision shake-up

NICE, France (Reuters) - The supervision of multinational banks and insurers should share the principle of a home regulator taking the lead in both cases, European Union finance ministers agreed on Saturday.

Credit:
EU ministers outline bank supervision shake-up

Alitalia operating licence at risk

ROME (Reuters) - Alitalia’s operating licence is at risk, Italy’s civil aviation authority ENAC said in a statement on Saturday, a day after a deadline passed for unions to agree a rescue plan for the ailing carrier.

Read more from the original source:
Alitalia operating licence at risk