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Akzo unit plans 5-yr euro benchmark bond -IFR - Forbes

LONDON, Dec 4 (Reuters) - Akzo Nobel Sweden Finance AB, a unit of Dutch chemical group Akzo Nobel NV, plans to issue a five-year euro benchmark bond, IFR reported on Thursday. Guidance is at mid-swaps plus 450 to 475 basis points, said IFR, a Thomson ...

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VEB has both Norilsk, RUSAL stakes for loan -paper - FXStreet.com

MOSCOW, Nov 28 (Reuters) - Russian state bank VEB has stakes in both aluminium major RUSAL and metals group Norilsk Nickel as collateral for the $4.5 billion loan it provided to RUSAL to re-pay foreign debt, a newspaper reported on Friday. Kommersant ...

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India Extends Refinance Facility for Banks to June 30 (Update1) - Bloomberg

Nov. 28 (Bloomberg) -- India’s central bank today extended the refinance facility for banks to June 30, 2009, to increase liquidity in the banking system, the Reserve Bank of India said in a statement e-mailed from Mumbai. The central bank also ...

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Bernanke: more action needed to cut foreclosures - Charleston Gazette

WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been taken ...

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Kashkari: Treasury considering mortgage rate plan - Salon

Dec 4th, 2008 | WASHINGTON -- The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market ...

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Tenet Stock Drop Reflects Concerns About Hospital's Turnaround - CNN Money

Tenet Healthcare Corp. (THC) has lost two-thirds of its value since posting disappointing financial results and lowering its outlook last month, but some suggest the sell-off has gone too far. Clearly, the hospital operator's ongoing troubles - the ...

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Shoppers have reasons to act like grinches - Cleveland Plain Dealer

WASHINGTON -- Federal Reserve Chairman Ben Bernanke pleaded Thursday for more government action to relieve the foreclosure crisis and break a vicious cycle in which the housing meltdown is plunging the country deeper into recession. Beaten-down ...

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