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Emirates NBD concludes issuance of AED4bn debt securities

Published July 10, 2009, 11:51 pm, Zawya

11 July 2009 DUBAI: Emirates NBD Emirates NBD announced yesterday that it has concluded the issuance of AED4 billion Tier 1 debt securities. These securities will enable the bank's Tier 1 capital adequacy ratio to exceed 11 percent and the overall capital ratio to exceed 17 percent.

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CIT Hires Bankruptcy Advisers After Rejection by FDIC, WSJ Says

Published July 10, 2009, 11:44 pm, Bloomberg

July 11 (Bloomberg) -- CIT Group Inc.

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Free Fishing on last two holidays

Published July 10, 2009, 9:44 pm, Kern Valley Sun

Mike Vradenburg Hot days and windy afternoons provided anglers with good days to fish. Fish are being caught all around the lake in the coves, along shore, both sides of the dams, and off the points.

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New Zealand Dollar Outlook Remains Bearish as Risk Appetite Falters

Published July 10, 2009, 6:53 pm, Daily FX

The New Zealand dollar continued to trend lower against the greenback, with the NZD/USD slipping below the 20-Day moving average this week to hold below 0.6300, and the pair may face increased selling pressures over the following week as investors weigh the prospects for a global recovery.

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A lake of oil to bring our bottled water

Published July 10, 2009, 4:44 pm, Business Examiner

A look at the Seymour Capilano Filtration Plant under construction. Video courtesy of Metro Vancouver.

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CIT Falls on Concern FDIC May Not Guarantee Debt (Update2)

Published July 10, 2009, 2:29 pm, Bloomberg

July 10 (Bloomberg) -- CIT Group Inc. bonds and stock tumbled on concern that the Federal Deposit Insurance Corp. won’t give the commercial lender access to its Temporary Liquidity Guarantee Program.

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Chinese floating lanterns could kill our cattle, say farmers

Published July 10, 2009, 1:12 pm, Times Online

Floating Chinese lanterns, the latest must-have lighting accessory for stylish summer parties, are being being denounced by farmers and animal welfare campaigners as “lethal litter” that can kill cattle.

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Re falls, yields rise

Published July 10, 2009, 12:52 pm, Express India

Rupee completed its worst week since February as a faltering global economic recovery and a widening budget deficit triggered a slide in local stocks.

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Frank Sieren & Andreas Sieren: A spark for growth

Published July 10, 2009, 11:47 am, Business Standard India

China's economy has stabilised. What's on the horizon? Lao Jiang’s old boat could use some fresh paint. But he doesn’t have the money. Jiang cruises on the Yangtze, the longest river in Asia, almost 200 kilometres north of its mouth near Shanghai.

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Is the Ely school board listening to voters?

Published July 10, 2009, 11:32 am, The Timberjay

I attended this week’s school board hearing in the Ely High School media room regarding the benefits of 80 retired teachers and the $5 million bond that four to six people on the board can pass on to us, without our approval.

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