Euro Zone Finance Ministers Agree on Standby Rescue Package for Debt-Stricken Greece, But Remain Mum on Details Royal Dutch Shell Plc Announces Plans to Spend Over USD 100B Through 2014 in Bid to Boost Production Royal Bank of Scotland PLC Mulls Repurchase of GBP 10B in Debt as it Looks to Restructure Balance Sheet Chinese [...]
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Also tagged BYD Co, BYD Co Capital Spending, Gene Reilly, Greece Standby Rescue Package, Overnight Market News, Overnight Markets, Royal Bank of Scotland Debt, Royal Dutch Shell, Royal Dutch Shell Production, San Miguel Corp, San Miguel Corp Asset Sales
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Today’s US Labour Department Report Likely to Show Unemployment Rose to Annual Rate of 9.9% on 175,000 Job Losses in October British Airways PLC Records Worst First Half Performance in History with Pre-Tax Loss of GBP 292mm versus Pre-Tax Profit of GBP 52mm a Year Ago Royal Bank of Scotland Group PLC Swings to Third [...]
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Also tagged Australia Economy, British Airways, British Airways Loss, CBS Corp, CBS Profit, Fannie Mae, Fannie Mae Bailout Funds, Fannie Mae Losses, Overnight Market News, Overnight Markets, Reserve Bank of Australia, Royal Bank of Scotland Loss, US Labour Department Unemployment Report
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Royal Bank of Scotland Considers Stock Issue to Replace Small Portion of Government Stake PepsiCo Inc’s Chief of International Businesses, Michael D White to Retire by End of 2009 International Monetary Fund (IMF) Considers Selling Gold to Help Fund Loans Japan Ready to Stop Progress of Initial Public Offerings (IPOs) of Japan Post Bank and [...]
After being rescued by the British Government in 2008, problems persist for the Royal Bank of Scotland Group Plc. Yesterday, it reported a net loss for the first half of the year of GBP1.04B, compared to a loss of GBP827M from a year ago. Royal Bank of Scotland’s loss widened mainly due to a drastic [...]
Royal Bank of Scotland Group Plc Reports First Half Loss of USD 1.7B on Increased Bad Loan Provisions of USD 12.62B US Senate Approves Additional USD 2B into “Cash for Clunkers” Auto-Sales Incentive Program European Central Bank and Eighteen Other Banks Agree to a Third Five Year Cap on Gold of 400 Metric Tonnes German [...]
Swiss Bank, UBS AG Widens Second Quarter Net Loss to CHF 1.4B (or USD 1.32B) from CHF 395mm a Year Ago on Hefty Charges France’s Biggest Bank, BNP Paribas SA Posts 6.6% Rise in Second Quarter Net Income to EUR 1.6B on Solid Investment Banking Performance BHP Billiton Ltd, the World’s Biggest Mining Company, Names [...]
US “Stress Tests” Show 10 of 19 Largest Banks to Need USD 74.6B Cushion to Withstand a Deeper Recession Toyota Motor Corp Posts Net Loss of USD 6.9B for Q04 2008/2009 through March, Cuts Dividend American Express Co Requests Permission to Repay USD 3.4B in Troubled Asset Relief Programme (TARP) Funds After Stress Tests Royal [...]