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World News - Business
US News - Business
Bloomberg Stocks in Europe, Asia, US Futures Rally on Fannie, Freddie08 September 2008
By Michael Patterson Sept. 8 (Bloomberg) -- Stocks in Europe and Asia climbed and US futures gained on speculation the US government's takeover of Fannie Mae and Freddie Mac will shore up the mortgage market and stem losses at financial firms.... full story.
US News - Business
Los Angeles Times Google: From start-up to superpower08 September 2008
The Google Guys, Larry Page (left) and Sergey Brin, founded a company that has grown prolifically and made them arguably the most illustrious executives in Silicon Valley.... full story.
US News - Business
CNNMoney.com 3rd UPDATE: Conoco, Origin To Form JV; May Scuttle BG Bid08 September 2008
SYDNEY -(Dow Jones)- ConocoPhillips (COP) has agreed to pay up to US$8 billion for a half share in the coal seam gas assets of Origin Energy Ltd.... full story.
US News - Business
Bloomberg Yen Drops Most in 3 Months as US Takes Over Fannie, Freddie08 September 2008
By Stanley White Sept. 8 (Bloomberg) -- The yen fell by the most in three months against the euro and dropped versus the dollar as the US government's takeover of Fannie Mae and Freddie Mac prompted investors to buy higher-yielding assets.... full story.
US News - Business
CNNMoney.com UPDATE: S Korea FSC Cautions KDB On Planned Lehman Stake Buy08 September 2008
(Adds further comments from FSC chairman, combines with comments on HSBC's plans to buy a stake in KEB.) SEOUL -(Dow Jones)- South Korea's Financial Services Commission Chairman Jun Kwang-woo Monday issued strong words of caution to state-run Korea ...... full story.
US News - Business
Bloomberg OPEC to Pump at Near Record as Prices Stunt Growth (Update1)08 September 2008
By Grant Smith and Ayesha Daya Sept. 8 (Bloomberg) -- OPEC, the supplier of 40 percent of the world's oil, will probably keep producing at a near record pace as $106-a-barrel crude squeezes the global economy.... full story.
US News - Business
Bloomberg Japanese Bonds Slide on US Rescue of Fannie Mae, Freddie Mac08 September 2008
By Theresa Barraclough Sept. 8 (Bloomberg) -- Japan's 10-year bonds declined by the most since May after the US government seized control of the two largest mortgage-financing companies, easing concern that a yearlong credit crisis will worsen.... full story.
US News - Business
Reuters Yahoo search services arrive on AT&T mobile phones08 September 2008
By Eric Auchard SAN FRANCISCO (Reuters) - AT&T Inc is set to begin featuring Yahoo Inc search services on the Internet menu of mobile handsets used by its base of up to 70 million US customers, the companies said on Monday.... full story.
US News - Business
Bloomberg Asian Stocks Rally, Treasuries Drop on Fannie, Freddie Takeover08 September 2008
By Richard Frost and Kyung Bok Cho Sept. 8 (Bloomberg) -- Asian stocks rallied the most in seven months and Treasuries tumbled as the takeover of Fannie Mae and Freddie Mac buoyed confidence the US will prevent the global credit crisis from deepening.... full story.
Australia News - Business
Times Online Fannie and Freddie rescue to set London stocks soaring08 September 2008
London's leading stocks are expected to soar by nearly 170 points this morning as global markets breathed a sigh of relief following the US Government’s bailout of Freddie Mac and Fannie Mae last night.... full story.