AIG CEO expects for sale list next week

September 22, 2008 on 7:53 pm | In Business News | No Comments

NEW YORK (Reuters) - American International Group Inc should have a list of assets it wants to sell by next week, its new chief executive said on Monday, as the company prepares to split itself up to repay an emergency bailout loan.

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AIG CEO expects for sale list next week

Cell phone networks join to promote advertising

September 22, 2008 on 7:14 pm | In Business News | No Comments

LONDON (Reuters) - Britain’s five mobile phone networks have agreed to join forces and appoint a trade body to promote advertising over the medium, they said on Tuesday.

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Cell phone networks join to promote advertising

Lehman units acquired by Barclays reopen

September 22, 2008 on 7:12 pm | In Business News | No Comments

NEW YORK (Reuters) - A series of former Lehman Brothers businesses reopened on Monday, after a U.S. bankruptcy court approved their sale on Saturday to Barclays, but sales and trading businesses are not yet open.

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Lehman units acquired by Barclays reopen

U.S. bailout debate seeks ways to make Wall St pay

September 22, 2008 on 7:05 pm | In Business News | No Comments

NEW YORK (Reuters) - The planned $700 billion (377 billion pound) bailout to shore up the battered U.S. financial system looked set to drag into next …

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U.S. bailout debate seeks ways to make Wall St pay

Oil soars to over $120 a barrel

September 22, 2008 on 5:56 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices soared nearly 16 percent to over $120 a barrel on Monday — the biggest one-day gain on record …

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Oil soars to over $120 a barrel

Markets sink as U.S. bailout hotly debated

September 22, 2008 on 5:48 pm | In Business News | No Comments

NEW YORK (Reuters) - The Bush administration’s $700 billion (377 billion pound) bailout to shore up the battered U.S. financial system looks set to drag into next week as Washington lawmakers haggle over what taxpayers will get for rescuing Wall Street.

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Markets sink as U.S. bailout hotly debated

Group of Seven partners cool to U.S.-style bailouts

September 22, 2008 on 5:00 pm | In Business News | No Comments

WASHINGTON/FRANKFURT (Reuters) - U.S. allies on Monday spurned entreaties from Washington that they enact large-scale financial bailouts, saying their banks were not exposed to the same level of reckless lending that put the American economy at risk of a deep recession.

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Group of Seven partners cool to U.S.-style bailouts

Oil spikes $16 in single biggest jump on record

September 22, 2008 on 4:40 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices soared nearly 16 percent to over $120 a barrel on Monday — the biggest one-day gain on record — in a rally sparked by the expiry of the front-month futures contract and weakness in the U.S. dollar.

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Oil spikes $16 in single biggest jump on record

U.S. bailout hotly debated as markets sink

September 22, 2008 on 4:28 pm | In Business News | No Comments

NEW YORK (Reuters) - The Bush administration’s $700 billion (377 billion pound) bailout to shore up the battered U.S. financial system looks set to drag into next week as Washington lawmakers haggle over what taxpayers will get for rescuing Wall Street.

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U.S. bailout hotly debated as markets sink

Burberry optimistic in difficult times

September 22, 2008 on 4:13 pm | In Business News | No Comments

MILAN (Reuters) - British fashion label designer Burberry is optimistic despite difficult conditions, its designer Christopher Bailey told Reuters on Monday.

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Burberry optimistic in difficult times

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