Paulson moves into recovery mode
Leading hedge fund says it is ready to consider backing rescue recapitalisations of troubled financial institutions – signalling a switch from betting against the sector to buying into it
Archive for the 'General News' Category
September 7th, 2008
September 7th, 2008
Firstsource stake put on sale
A key stake in one of India's leading business-process outsourcing companies, Firstsource, has been put up for sale – in a move that could trigger an ownership shake-up in the sector
September 7th, 2008
Olympic swimmer Dara Torres models at Fashion Week (AP)
AP - After winning three silver medals in Beijing, Olympic swimmer Dara Torres has mastered another daunting challenge: walking the runway at New York Fashion Week.
September 7th, 2008
Advertiser group objects to Google-Yahoo tie up (Reuters)
Reuters - The Association of National
Advertisers sent a letter objecting to the proposed Internet
search advertising partnership between Yahoo Inc and Google Inc
to government regulators reviewing the deal, the group said on
Sunday.
September 7th, 2008
Obama, McCain duel as race heads into home stretch (AFP)
AFP - Barack Obama and John McCain feuded and laid claim to being the authentic candidate of change and reform on Sunday, as their White House showdown roared into a frenetic eight-week final stretch.
September 7th, 2008
Police: Gary Coleman hit man with truck in Utah (AP)
AP - Actor Gary Coleman hit a pedestrian with his truck after arguing with him in a local bowling alley, police said.
September 7th, 2008
US takes over key mortgage firms
President Bush says the US is taking over two mortgage giants because they posed "an unacceptable risk" to the economy.
September 7th, 2008
US takes over key mortgage firms
President Bush says the US is taking over two mortgage giants because they posed "an unacceptable risk" to the economy.
September 7th, 2008
African immigrants riot in Spain
African immigrants react with anger in southern Spain after a Senegalese man is stabbed to death in a street.
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