Still no deal on U.S. bailout

September 26, 2008 on 11:03 pm | In Business News | No Comments

NEW YORK (Reuters) - The biggest bank failure in U.S. history and nose-diving banking stocks added pressure on the U.S. Congress to agree this weekend to a $700 billion (380 billion pound) financial bailout to breathe life back into credit markets.

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Still no deal on U.S. bailout

JPMorgan sells 5.4 bln pound shares

September 26, 2008 on 10:41 pm | In Business News | No Comments

NEW YORK/SEATTLE (Reuters) - JPMorgan Chase & Co capped off its purchase of Washington Mutual Inc on Friday by selling $10 billion (5.4 billion pounds) of stock, more than it expected, while analysts warned the company faces a third-quarter loss.

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JPMorgan sells 5.4 bln pound shares

Still no deal on US bailout; McCain, Obama spar

September 26, 2008 on 10:15 pm | In Business News | No Comments

NEW YORK (Reuters) - The biggest bank failure in U.S. history and nose-diving banking stocks added pressure on the U.S. Congress to agree this weekend to a $700 billion (380 billion pound) financial bailout to breathe life back into credit markets.

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Still no deal on US bailout; McCain, Obama spar

JPMorgan sells $10 bln shares

September 26, 2008 on 10:01 pm | In Business News | No Comments

NEW YORK/SEATTLE (Reuters) - JPMorgan Chase & Co capped off its purchase of Washington Mutual Inc on Friday by selling $10 billion (5.4 billion pounds) of stock, more than it expected, while analysts warned the company faces …

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JPMorgan sells $10 bln shares

Lufthansa meets Alitalia unions on rescue

September 26, 2008 on 9:49 pm | In Business News | No Comments

ROME (Reuters) - German airline Lufthansa met Alitalia’s unions on Friday to discuss taking a possible stake in the bankrupt airline as Italy pushed to wrap up labour talks and seal an investor bailout.

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Lufthansa meets Alitalia unions on rescue

Refinery talks loom as BP shuns replacement workers

September 26, 2008 on 7:54 pm | In Business News | No Comments

HOUSTON (Reuters) - BP, which has worked to mend relations with unionized workers since a deadly refinery explosion, will not have replacement refinery workers on hand going …

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Refinery talks loom as BP shuns replacement workers

JPMorgan “suits” stir up WaMu Centre

September 26, 2008 on 6:26 pm | In Business News | No Comments

SEATTLE (Reuters) - At 9:40 a.m. (5:40 p.m. British time) on Friday, five buttoned-down bankers rolled their suitcases into the lobby of Washington Mutual’s Seattle headquarters.

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JPMorgan “suits” stir up WaMu Centre

JPMorgan “suits” stir up WaMu Centre in Seattle

September 26, 2008 on 5:31 pm | In Business News | No Comments

SEATTLE (Reuters) - At 9:40 a.m. (5:40 p.m. British time) on Friday, five buttoned-down bankers rolled their suitcases into the lobby of Washington Mutual’s Seattle headquarters.

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JPMorgan “suits” stir up WaMu Centre in Seattle

U.S. second quarter growth revised down

September 26, 2008 on 5:26 pm | In Business News | No Comments

NEW YORK (Reuters) - The U.S. economy grew much less vigorously than previously thought during the second quarter and the snowballing financial crisis damped a rebound in consumer sentiment this month.

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U.S. second quarter growth revised down

Fortis says bank solid and expands selloff

September 26, 2008 on 5:11 pm | In Business News | No Comments

BRUSSELS/AMSTERDAM (Reuters) - Belgian-Dutch bank Fortis denied it faced a liquidity crisis, pledged to speed up asset disposals, and named a new chief executive as it …

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Fortis says bank solid and expands selloff

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