GE Capital reorganizes to focus on growth, savings - Marketwatch
The new structure, effective Jan. 1, will have regional centers in Europe, Asia and the Americas, the company said. Under the plan, GE Capital also will operate a new platform for consumer-focused international banks and joint ventures, as well as a ...
IMF approves $2.1bn Iceland loan - BBC News
The IMF has warned Iceland's economy could contract by 10% next year The International Monetary Fund (IMF) has approved a $2.1bn (£1.4bn) loan for Iceland, after the country's banking system collapsed in October. The loan is meant to help the ...
Malaysia says may introduce more stimulus measures - ABS-CBN
KUALA LUMPUR - Malaysia may introduce more measures to stimulate economic growth and counter the worsening global financial crisis, Deputy Prime Minister Najib Razak said Tuesday. The government earlier this month announced a 7 billion ringgit ($2 ...
Rich world's finances at stake in crisis-ECB's Trichet - Reuters
LONDON, Nov 18 (Reuters) - The global financial crisis marks the first time since World War Two that the heart of the finances of the industrial world has been at stake, European Central Bank President Jean-Claude Trichet said on Tuesday. He said the ...
Colombia seeks arrests in pyramid scheme - Washington Post
Abelardo de la Espriella lawyer of the financial company DMG, speaks during a news conference in Bogota, Tuesday, Nov. 18, 2008. Colombia's President Alvaro Uribe said there is evidence that drug traffickers were linked to DMG, a company seized by ...
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