Oil steady at $97 on equity rout

September 17, 2008 on 11:27 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil was little changed around $97 a barrel on Thursday after surging $6 a day ago after a fall in weekly U.S. crude stocks and the deepening crisis on Wall Street triggered a renewed wave of buying in select commodities.

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Oil steady at $97 on equity rout

Central banks dish out more funds as markets reel

September 17, 2008 on 11:16 pm | In Business News | No Comments

TOKYO/SYDNEY (Reuters) - Japan and Australia pumped further $17 billion into money markets on Thursday to prevent banks from hoarding cash amid a global crisis of confidence sparked by this week’s dramatic Wall Street shake-up.

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Central banks dish out more funds as markets reel

Lehman claims seen up to 990 mln pounds

September 17, 2008 on 10:35 pm | In Business News | No Comments

NEW YORK (Reuters) - Royal Bank of Scotland Group is facing between $1.5 billion and $1.8 billion (825 million to 990 million pounds) in claims against bankrupt U.S. investment …

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Lehman claims seen up to 990 mln pounds

Lloyds set to buy HBOS in 28 billion pound deal

September 17, 2008 on 10:28 pm | In Business News | No Comments

LONDON (Reuters) - Lloyds TSB has agreed to buy rival HBOS to create a 28 billion pound mortgage company, a person familiar with the matter said on Wednesday, making it the latest troubled bank to be forced into the arms of a better-funded rival.

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Lloyds set to buy HBOS in 28 billion pound deal

Retail sales seen falling in August

September 17, 2008 on 9:16 pm | In Business News | No Comments

LONDON (Reuters) - Analysts are still waiting for the official measure of retail sales to reflect the gloom and doom prevalent for months in business surveys.

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Retail sales seen falling in August

Banks rush to do deals as crisis deepens

September 17, 2008 on 5:57 pm | In Business News | No Comments

NEW YORK (Reuters) - Manic and increasingly desperate dealmaking gripped Wall Street on Wednesday as U.S. stocks plummeted to three-year lows amid new signs of distress in the global financial industry.

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Banks rush to do deals as crisis deepens

Lloyds set to buy HBOS in billion pound dead

September 17, 2008 on 5:37 pm | In Business News | No Comments

LONDON (Reuters) - Lloyds TSB has agreed to buy rival HBOS to create a 28 billion pound mortgage company, a person familiar with the matter said on Wednesday, making it the latest troubled bank to be forced into the arms of a better-funded rival.

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Lloyds set to buy HBOS in billion pound dead

Lloyds set to buy HBOS in billion pound deal

September 17, 2008 on 4:55 pm | In Business News | No Comments

LONDON (Reuters) - Lloyds TSB has agreed to buy rival HBOS to create a 28 billion pound mortgage company, reports said on Wednesday, the latest troubled bank to be forced into the arms of a better-funded rival.

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Lloyds set to buy HBOS in billion pound deal

Financial crisis mounts as stocks fall

September 17, 2008 on 2:29 pm | In Business News | No Comments

NEW YORK/LONDON (Reuters) - Shares of Wall Street firms Morgan Stanley and Goldman Sachs plummeted on Wednesday and Britain’s biggest mortgage lender neared a sale in the latest signs of extreme distress in the financial industry.

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Financial crisis mounts as stocks fall

Financial crisis mounts as stocks fall

September 17, 2008 on 2:29 pm | In Business News | No Comments

NEW YORK/LONDON (Reuters) - Shares of Wall Street firms Morgan Stanley and Goldman Sachs plummeted on Wednesday and Britain’s biggest mortgage …

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Financial crisis mounts as stocks fall

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