Lehman Brothers Holdings Inc (LEH.N), Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) may incur further writedowns, mainly on their mortgage assets, said an analyst at Citigroup, who cut his third-quarter
The Federal Reserve acted on rumors last month and called Credit Suisse Group to see if it had pulled a credit line from Lehman Brothers Holdings Inc, The Wall Street Journal said
Oil raced above $116 a barrel on Thursday, a third straight day of gains, on supply concerns after Russia expressed its displeasure over a U.S.-Poland defense pact. U.S. crude futures gained 80
By Jason Webb If more confirmation were needed of the funereal state of Spain's economy, it can be found in the shape of The Debt Collector in Top Hat and Tails. That's
Britain's leading share index fell 1 percent early on Thursday as renewed credit jitters weighed heavily on banks, though firmer metal prices lifted mining stocks. By 0740 GMT, the FTSE 100 was
Asian stocks fell on Thursday on gloom about the ability of exporters to weather a widespread economic slowdown, while the U.S. dollar slipped as oil prices rose to above $116 a barrel
The Board of Directors of Aspis Holdings Pcl (ASP.CY) decided to propose to the Company’s EGM to be held on 11 September 2008 its authorization to proceed with the issue and allocation
Primetel Plc (PTL.CY) announced its intention to submit a Public Offer to shareholders of Spidernet Services Public Limited (SNET.CY) for the acquisition of up to 100% of the issued share capital of
The Cyprus Inland Revenue Department (IRD) revenues for the period January – July 2008 increased by 0.3% YoY to EUR 1.0 bln. The marginal improvement is primarily attributed to higher revenues associated
Alliance International Reinsurance Public Company Ltd (ALL.CY) announced that Flagstone Reassurance Suisse SA has announced its decision to submit a Public Offer for the acquisition of up to 100% of ALL’s issued
