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13 December 2008 year (time zone GMT 00:00)  Number of sources in English: 4957
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Report: Brussels appeals court freezes Fortis deal

13.12.2008 03:41    pr-inside.com
PR-inside.com) AMSTERDAM, Netherlands (AP) - A Belgian appeals court on Friday froze several major deals made by the former Belgian-Dutch bank Fortis NV in October to ward off bankruptcy, Dutch media reported. Dutch national broadcaster NOS said the Brussels Appeals


LA hospital CEO pleads guilty to health care fraud

13.12.2008 03:41    pr-inside.com
PR-inside.com) LOS ANGELES (AP) - A former Los Angeles hospital executive has pleaded guilty to two counts of paying for illegal patient referrals in a scheme that billed government programs for unnecessary care given to homeless people. Dr. Rudra Sabaratnam,

Oil pares losses on possible help for Detroit 3

13.12.2008 03:41    pr-inside.com
PR-inside.com) COLUMBUS, Ohio (AP) - Oil prices rallied from early lows Friday as the president and the Treasury Department said they were prepared to act if needed to save the U.S. auto industry after a proposed bailout for Detroit Three

Sandals Resorts lays off 650 Caribbean workers

13.12.2008 03:41    pr-inside.com
PR-inside.com) NASSAU, Bahamas (AP) - Sandals Resorts International is laying off 650 Caribbean hotel workers in response to a decline in tourist bookings, the company said Friday. The cuts in the Bahamas, Jamaica and St. Lucia represent 7 percent of


Siemens, Justice Department strike settlement deal

13.12.2008 03:41    pr-inside.com (2)
PR-inside.com) WASHINGTON (AP) - Industrial conglomerate Siemens AG plans to plead guilty and pay at least $450 million in fines to settle long-standing corruption charges in the United States, according to court papers filed Friday. The Justice Department has accused

Honda cuts North American production again

13.12.2008 03:41    pr-inside.com
PR-inside.com) NEW YORK (AP) - Honda Motor Co. said Friday it will further cut vehicle production in North America as it adjusts to plunging automobile demand. Tokyo-based Honda is reducing production by another 119,000 vehicles for its fiscal year ending

Gold prices decline on auto industry woes

13.12.2008 03:41    pr-inside.com (2)
PR-inside.com) NEW YORK (AP) - Gold prices declined moderately Friday as the uncertainty of a bailout for the U.S. auto industry and a batch of bleak economic reports heightened investors' fears of a prolonged recession. Energy prices slumped, while agriculture

Angry UAW members lash out at Southern senators

13.12.2008 03:41    pr-inside.com
PR-inside.com) DETROIT (AP) - Festering animosity between the United Auto Workers union and Republican senators from southern states who torpedoed the auto industry bailout bill has erupted into full-fledged name calling as union officials accused the lawmakers of trying to

US mine where 12 died to close for good in '09

13.12.2008 03:41    pr-inside.com
PR-inside.com) CHARLESTON, West Virginia (AP) - International Coal Group has decided to abandon the Sago Mine in West Virginia, where 12 men died after a methane gas explosion nearly three years ago. ICG stopped producing coal from the mine in

Madoff fraud case raises questions about SEC

13.12.2008 03:41    pr-inside.com
PR-inside.com) WASHINGTON (AP) - The stunning fraud Wall Street pillar Bernard Madoff is accused of has raised questions about whether federal regulators were lax in failing to scrutinize his operations and respond to alarms raised about them. Securities and Exchange

Canada agrees on conditional auto aid plan

13.12.2008 03:41    pr-inside.com
PR-inside.com) TORONTO (AP) - Canada's federal government and the province of Ontario agreed Friday to provide $3.5 billion Canadian dollars ($2.8 billion) for the Canadian auto industry. Federal Industry Minister Tony Clement said that is the equivalent of 20 percent

SEC seeks to salvage assets of NY financier

13.12.2008 03:41    pr-inside.com
PR-inside.com) NEW YORK (AP) - The implosion of a Wall Street firm whose owner is accused in a $50 billion swindle left regulators scrambling to seize control of its assets Friday as dozens of investors worried that they had gone

US regulators shut 2 banks in Georgia, Texas

13.12.2008 03:41    pr-inside.com
PR-inside.com) NEW YORK (AP) - Regulators on Friday closed two small regional banks, in Georgia and Texas, bringing to 25 the number of U.S. bank failures this year. The Federal Deposit Insurance Corp. was appointed receiver of Haven Trust Bank,

China's Baidu cuts revenue forecast on ad scandal

13.12.2008 03:41    pr-inside.com
PR-inside.com) BEIJING (AP) - Baidu.com Inc., China's leading search engine, is cutting its projected revenues by up to 15 percent after it dropped some advertisers because of a scandal over unlicensed companies selling medical products. Fourth-quarter revenues are expected to

ALLIANCE & LEICESTER LAUNCHES NEW REWARDSAVER ACCOUNT

13.12.2008 03:25    prurgent.com
Alliance & Leicester Savings is launching a new, branch-based account, RewardSaver, on 3 December, which is designed to offer a competitive return for lump sum savers.

Rada Prohibits Banks From Raising Interest Rates On Previously Issued Loans

13.12.2008 03:24    ukranews.com
The relevant bill (No. 3343) was proposed by Parliamentary Deputy Borys Tarasiuk of the Our Ukraine-People's Self-Defense bloc and approved by 239 votes (only 226 votes were required for its approval).
Rada Prohibits Banks From Raising Interest Rates On Previously Issued Loans

IMF Anticipating NBU To Soon Lift Restriction On Early Withdrawal Of Deposits

13.12.2008 03:24    ukranews.com
The National Bank agrees, as soon as outflow of deposits from the banking system stops - and this has already happened: during a fortnight money are being returned to the system - the National Bank would cancel the moratorium on
IMF Anticipating NBU To Soon Lift Restriction On Early Withdrawal Of Deposits

Interbank Hryvnia Rate Down By 7 Kopecks To 7.75 UAH/USD

13.12.2008 03:24    ukranews.com
According to currency dealers for commercial banks, the hryvnia's exchange rate fluctuated within 7.6550-7.7550 UAH/USD at the start of the trading, then rose to 7.7350-7.8250 UAH/USD, and increased to 7.8350-7.8950 UAH/USD by the end of the trading.
Interbank Hryvnia Rate Down By 7 Kopecks To 7.75 UAH/USD

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