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Yearly Archives: 2007, 2008

Latest news from Reuters: Top News

  1. Fed steps in but stocks dive; UK to rescue banks

    Oct 7, 2008

    NEW YORK/WASHINGTON (Reuters) - The U.S. Federal Reserve stepped forward as a commercial lender of last resort and signaled a readiness to cut interest rates as stocks spun lower for a fifth straight day and pressure

    Tagged: topnews

  2. CORRECTED: Palin warns Florida voters of "rough" campaigning

    Oct 7, 2008

    CLEARWATER, Florida (Reuters) - Republican vice presidential nominee Sarah Palin told Florida's voters on Monday to expect "rough" campaigning as she seeks to halt a slide in opinion polls in a state that could make or

    Tagged: topnews

  3. Lilly bids $6.5 billion for ImClone

    Oct 6, 2008

    BOSTON/PHILADELPHIA (Reuters) - Eli Lilly and Co has agreed to acquire ImClone Systems Inc for $6.5 billion, outbidding Bristol-Myers Squibb Co and probably bringing to a close one of the most colorful corporate sagas

    Tagged: topnews

  4. Eli Lilly set to buy ImClone for $6.1 billion-sources

    Oct 6, 2008

    BOSTON (Reuters) - ImClone Systems Inc has agreed to be acquired by Eli Lilly and Co for about $6.1 billion after rebuffing a sweetened takeover offer from Bristol-Myers Squibb, sources familiar with the situation said

    Tagged: topnews

  5. European leaders seeks remedies for financial crisis

    Oct 4, 2008

    PARIS (Reuters) - French President Nicolas Sarkozy hosts a meeting of European leaders Saturday to try to shore up confidence in a banking system hit by the worst financial crisis since the 1930s.

    Tagged: topnews