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  1. Britain to launch 60.5 billion dollar banking rescue: paper

    Reuters: Business News - 51 minutes ago

    LONDON (Reuters) - Britain will launch its biggest retail bank rescue on Monday when the four largest, HBOS, Royal Bank of Scotland, Lloyds TSB and Barclays, ask for a combined 35 billion pound ($60.5 billion)

  2. Britain to launch 35 billion pound banking rescue: paper

    Reuters: Business News - 2 hours ago

    LONDON (Reuters) - Britain will launch its biggest retail bank rescue on Monday when the four largest, HBOS, Royal Bank of Scotland, Lloyds TSB and Barclays, ask for a combined 35 billion pound ($60.5 billion)

  3. IMF warns of meltdown; France says Europe to act

    Reuters: Business News - 3 hours ago

    WASHINGTON (Reuters) - The IMF warned on Saturday the world's financial system was near meltdown and France promised that a meeting of European leaders in Paris will detail measures to keep a market panic from

  4. Britain to launch rescue of top 4 banks: paper

    Reuters: Business News - 3 hours ago

    LONDON (Reuters) - Britain will launch its biggest retail bank rescue on Monday when the four largest, HBOS, Royal Bank of Scotland, Lloyds TSB and Barclays, ask for a 35 billion sterling ($60.5 billion) lifeline, the

  5. Hyundai Motor unlikely to meet 2008 U.S. sales target

    Reuters: Business News - 3 hours ago

    SEOUL (Reuters) - Hyundai Motor Co , South Korea's top auto maker, is unlikely to meet its U.S. sales target for this year as the U.S. financial crisis hit demand in the world's top auto market, a company president said.

  6. Wealth funds, recipients adopt investing principles

    Reuters: Business News - 5 hours ago

    WASHINGTON (Reuters) - Government-owned wealth funds and the countries that accept their investments agreed on Saturday to a set of principles aimed at ensuring that both sides play by the rules.

  7. AIG's gallows humor gives bankers a laugh

    Reuters: Business News - 8 hours ago

    WASHINGTON (Reuters) - Insurance giant American International Group, on the receiving end of a multi-billion dollar bailout from the Federal Reserve, was trying hard on Saturday to look on the bright side of life.

  8. Italy to push for broader G7 membership

    Reuters: Business News - 9 hours ago

    WASHINGTON (Reuters) - Italy will push for broadening membership in the Group of Seven when it takes over leading the rich nations' club next year, Italian Economy Minister Giulio Tremonti pledged on Saturday.

  9. Italy proposes broadening G7, changing IMF

    Reuters: Business News - 9 hours ago

    WASHINGTON (Reuters) - Italy will propose broadening the Group of Seven nations and giving new and different tasks to the International Monetary Fund and World Bank, Italian Economy Minister Giulio Tremonti said on

  10. Paulson warns emerging markets not immune to turmoil

    Reuters: Business News - 11 hours ago

    WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Saturday that emerging market countries are not immune to the most serious global economic risks in recent memory and must be careful in their policy

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