CIT Group Inc to Announce Deal for USD 3B Rescue Financing from Bondholders to Avoid Bankruptcy
National Association for Business Economics’ (NABE) Quarterly Survey Indicates US Economy Appears to be Improving, but Downturn Not Over
UK Economy to Contract 4.5% in 2009, Worse than Government’s Forecast of 3.5% and the Biggest Decline in A Single Year According to Ernst & Young Item Club
Nissan Motor Co, Renault SA to Start Producing Lithium-Ion Batteries for Electric Cars at UK and Portugal Factories
Iceland Announces GBP 1.3B Plan to Boost Banking System, Gov’t to Fund 3 New Banks it Will Create from Failed Ones
Porsche Automobil Holding SE Expected to Accept Offer from Volkswagen AG to Buy Its Sports-Car Business for EUR 8B (USD 11.28B) Later This Week
Crude Oil Stands at USD 64.77 per Barrel
Ethanol Stands at USD 1.63 per Gallon
Natural Gas Stands at USD 3.74 per British Thermal Unit (Btu)
Gold Stands at USD 937.20 per Troy Ounce
Dow Jones Industrial Average Rises 32.12 Points (0.37%)
London FTSE Index Rises 65.59 Points (1.49%)
Japan Nikkei Index Rises 51.16 Points (0.55%)
Hong Kong Hang Seng Index Rises 696.71 Points (3.70%)
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