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Weak Dollar is Global Concern: EU’s Barroso

BRUSSELS (Reuters) - The dollar's fall is a source of global concern and the European Union wants a better balance between the U.S. unit and other major currencies, European Commission

July 4th, 2008

BHP Last to Sign Iron Ore Price Pact With Baosteel

SYDNEY/HONG KONG (Reuters) - BHP Billiton Ltd/Plc <BHP.AX><BLT.L> has matched takeover target Rio Tinto Ltd/Plc <RIO.AX><RIO.L> with a near doubling in contract iron ore prices, ending months of talks and

July 4th, 2008

European Banks Need to Raise 60-90 Billion Euros: Goldman

(Reuters) - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros ($94 to $141 billion), or withhold one year of dividends, to

July 4th, 2008

Infineon Shares Up Over 5 Percent on Takeover Talk

FRANKFURT (Reuters) - Shares in German chipmaker Infineon <IFXGn.DE> rose more than 5 percent on Friday, with traders citing unspecified takeover rumors.

July 4th, 2008

UK Bank B&B Ups Rights Issue Size After TPG Quits

LONDON (Reuters) - Bradford & Bingley <BB.L> plans to increase its rights issue to 400 million pounds ($794 million) after U.S. private equity firm TPG Capital pulled out of a

July 4th, 2008

BSkyB Mulls $4 Billion Bid For Spain’s Digital Plus-FT

LONDON (Reuters) - British pay-TV firm BSkyB <BSY.L> is considering a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital Plus, the Financial Times said

July 4th, 2008

Austrian Court Finds BAWAG Bankers Guilty

VIENNA (Reuters) - A Vienna court sentenced nine people to prison on Friday for their roles in causing losses at Austrian bank BAWAG P.S.K. of as much as 1.7 billion

July 4th, 2008

Body of Taiwan Securities Firm Chief Found in Sea

TAIPEI (Reuters) - The embattled chairman of a major Taiwan securities firm was found dead in waters close to the island on Friday morning, the firm said, startling the financial

July 4th, 2008

Delta, ExpressJet Ditch Regional Pact

NEW YORK (Reuters) - Delta Air Lines Inc <DAL.N> and ExpressJet Holdings Inc <XJT.N> said on Thursday they had ended the agreement under which ExpressJet provided Delta with some regional

July 4th, 2008

Economy Casts Pall on Sun Valley Media Fest

NEW YORK (Reuters) - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in

July 4th, 2008

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