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World business, finance and economical news from the Financial 24
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World business, finance and economical news from the Financial 24, financial,forex, cfds, futures, global business
Recent Posts
Reliance Makes Cash Offer for Bankrupt LyondellBasell
Reliance Industries Ltd., owner ofthe world's largest oil-refining complex, made a cash offeryesterday to buy a controlling stake in closely heldLyondellBasell Industries AF, the bankrupt chemicals and fuelsmaker. Terms weren't disclosed. The buyout ...
BofA May Name Stopgap CEO If Board Needs More Time for Search
Bank of America Corp.'s board mayextend its search for a new, permanent chief executive officerinto 2010 if directors can't settle on a candidate in the nextfour days, according to people familiar with the matter. The directors, who met Friday, may ...
Nestle Said to Consider Options for Cadbury May Challenge Kraft Hershey
Nestle SA is weighing optionsincluding a possible bid for Cadbury Plc that would challengeKraft Foods Inc.'s offer and a potential move by Hershey Co.,according to two people with knowledge of the matter. Nestle is reviewing its options with bankers ...
EU steered to strict hedge fund rules
Top parliamentarian Jean-Paul Gauzes has written to members of an influential European Union committee recommending strict rules for hedge funds that clamp down on pay and borrowing, according to his report. The EU is scrutinising a raft of regulati ...
Presidential election pivotal for Romanian economy
By Radu Marinas BUCHAREST, Nov 22 - Romanians vote on Sunday in a closely-fought presidential election that is key to reviving economic and justice reforms and solving a government crisis that has delayed aid from the International Monetary Fund. ...
Healthcare bill poised to pass U.S. Senate test
By John Whitesides WASHINGTON, Nov 21 - A broad healthcare overhaul was poised to clear its first U.S. Senate hurdle on Saturday as the last wavering senators said they would vote to begin debate on the legislation, giving Democrats the 60 votes t ...
