finance

Latest FINANCE News and Developments

IFC to invest $15 mn in Mumbai pharma firm - Economic Times
( Fri, 04 Jul 2008 11:37:37 GMT )

IFC to invest $15 mn in Mumbai pharma firm
Economic Times, India - 54 minutes ago
MUMBAI: International Finance Corp (IFC), a World Bank arm, will invest $15 million in Mumbai-based pharmaceutical outsourcing company Hikal by way of ...

BSkyB mulls $3.9bn bid for Digital+ - C21Media
( Fri, 04 Jul 2008 11:32:50 GMT )

BSkyB mulls $3.9bn bid for Digital+
C21Media, UK - 59 minutes ago
How BSkyB plans to finance any offer for Digital+ has not been made clear; it reported net debt of 1.9bn on March 31 and generated 614m in cash from ...

Benefits put Atherton in red - Palo Alto Daily News
( Fri, 04 Jul 2008 12:15:17 GMT )

Benefits put Atherton in red
Palo Alto Daily News, CA - 17 minutes ago
... the retirement system saw lower than expected returns and even lost money one year, said Bill Yoemans, the city's acting finance director. ...

Zambia says no need for concern on economic policy - Reuters South Africa
( Fri, 04 Jul 2008 12:03:31 GMT )

Zambia says no need for concern on economic policy
Reuters South Africa, South Africa - 28 minutes ago
Finance Minister Ng'andu Magande and central bank Governor Caleb Fundanga moved to assure investors nothing would change in Mwanawasa's absence. ...

Gold edges down as dollar holds gains, oil eases - Economic Times
( Fri, 04 Jul 2008 12:17:35 GMT )

Gold edges down as dollar holds gains, oil eases
Economic Times, India - 14 minutes ago
High energy prices (and) the ongoing inflation trend are definitely adding support to gold," said Frederic Panizzutti, a trader at MKS Finance. ...

OUTLOOK Inflation to dominate finance ministers' meeting as France ... - Interactive Investor
( Fri, 04 Jul 2008 12:22:45 GMT )

OUTLOOK Inflation to dominate finance ministers' meeting as France ...
Interactive Investor, UK - 9 minutes ago
BRUSSELS (Thomson Financial) - EU finance ministers will discuss inflation, rising oil prices, and rating agencies at their meeting next Monday and Tuesday, ...

Nine convicted in Austrian bank fraud - International Herald Tribune
( Fri, 04 Jul 2008 12:02:08 GMT )

Nine convicted in Austrian bank fraud
International Herald Tribune, France - 30 minutes ago
The other seven defendants, who include the finance chief of the Austrian trade union federation, which owned Bawag at the time, and a KPMG auditor, ...

OUTLOOK Inflation to dominate finance ministers' meeting as France ... - Hemscott
( Fri, 04 Jul 2008 11:59:14 GMT )

OUTLOOK Inflation to dominate finance ministers' meeting as France ...
Hemscott, UK - 33 minutes ago
with French Finance Minister Christine Lagarde in the chair for the first time after France took over the rotating Presidency of the 27-country bloc on July ...

Dollar, euro, reasons for betting on a reversal - Finanze.net
( Fri, 04 Jul 2008 12:20:58 GMT )

Dollar, euro, reasons for betting on a reversal
Finanze.net, Italy - 11 minutes ago
... and this semester of EU presidency by the French should pressure ECB to listen more attentively to finance ministers from variuos states. ...

Nigeria: CBN's N91 Billion Investments Yielded No Dividend - Soludo - AllAfrica.com
( Fri, 04 Jul 2008 12:17:43 GMT )

Nigeria: CBN's N91 Billion Investments Yielded No Dividend - Soludo
AllAfrica.com, Washington - 14 minutes ago
Professor Soludo, while testifying before the House of Representatives Committee on Finance investigating the non remittance of revenue into the federation ...

Fitch upgrades outlook on Cablevision - TMCnet
( Fri, 04 Jul 2008 11:42:20 GMT )

Fitch upgrades outlook on Cablevision
TMCnet - 50 minutes ago
The money would finance the joint venture announced in May, with Newsday's parent, Tribune Co., keeping a 3 percent stake. The purchase is expected to close ...

Agile Property 'Ba3' ratings affirmed after Hainan project stake ... -
( Fri, 04 Jul 2008 12:16:36 GMT )

Agile Property 'Ba3' ratings affirmed after Hainan project stake ...
, Hong Kong - 15 minutes ago
The above information is supplied by our data providers (SHK Financial Data, Xinhua Finance and Infocast among others) and is for reference purposes only. ...

German Fin Min Says He Wasn't Criticizing The ECB - FXstreet.com The Foreign Exchange Market
( Fri, 04 Jul 2008 12:06:33 GMT )

German Fin Min Says He Wasn't Criticizing The ECB
FXstreet.com The Foreign Exchange Market, Spain - 25 minutes ago
BERLIN -(Dow Jones)- German Finance Minister Peer Steinbrueck repeated Friday that he wasn't criticizing the European Central Bank in a recent interview. ...

South Africa: Mobilising Communities to Eliminate TB - AllAfrica.com
( Fri, 04 Jul 2008 11:55:40 GMT )

South Africa: Mobilising Communities to Eliminate TB
AllAfrica.com, Washington - 36 minutes ago
Mobilising communities into action is the best weapon to fight Tuberculosis (TB), says KwaZulu-Natal MEC for Finance and Economic Development, ...

G-8 leaders face ominous economic woes this year - Foster's Daily Democrat
( Fri, 04 Jul 2008 12:19:12 GMT )

G-8 leaders face ominous economic woes this year
Foster's Daily Democrat, NH - 13 minutes ago
Foreshadowing possible disagreement among the leaders, the finance ministers were divided on where to assign blame for the run-up in oil prices. ...

Government to reduce billions of managed IT services spending - One Stop Click
( Fri, 04 Jul 2008 11:43:34 GMT )

Government to reduce billions of managed IT services spending
One Stop Click, UK - 48 minutes ago
... savings of ten to 50 per cent may be possible, with an estimated 7 billion spent on finance and human resources functions alone in the public sector. ...