Orchard St eyes troubled property loan deals

By Daryl Loo Orchard Street Investment Management is planning to spend millions of pounds to buy majority stakes in properties with troubled mortgages, seeking hefty returns through restructuring deals with banks. The

EU haggles while Fed drops cash bomb

By Paul Taylor They're at it again. European Union leaders are bickering about how to spend a small fraction of their economic stimulus effort while the U.S. Federal Reserve is boldly throwing

US Congress weighing ways to recoup AIG bonuses

Scenarios being considered U.S. lawmakers are proposing various options to try to recoup millions of dollars in bonuses paid to executives of insurer American International Group Inc <AIG.N> after it got billions

Worries grow over Baltic currency pegs

By Nerijus Adomaitis and Patrick Lannin Populations in the EU's recession-hit Baltic states look increasingly concerned about the durability of currency pegs that authorities still see as a cornerstone of their attempts

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