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WASHINGTON: The U.S. government has tens of billions of dollars left in the eye-popping US$700 billion bank bailout fund created last fall, which has prompted a debate in Congress over what to do with it.
The paper manufacturer uses its cash resources to launch a second tender for its outstanding bonds, while cash-strapped Powerchip is forced to pay investors partly in shares.
Fresnillo, the world's largest primary silver producer, led the blue-chip risers last night, advancing by just over 10 per cent after a leading broker highlighted the improving outlook for silver, which has outperformed gold since early March.
Our view: Hold
Hays has become the second major UK recruitment agency in a week to axe staff and post a slump in fees, as the industry braces itself for the further pain of a "dreadful" summer.
One of the most misunderstood aspects of investing is risk and how to manage it. Yet, of the two variables that are inherent in every investment - risk and return - risk is by far the most important.
TOKYO, July 10 (Reuters) - Japan's Nikkei average is expected to inch up on Friday, rebounding from a seven-day falling streak, with the rise in the yen and retreat in oil prices having come to a halt for now.
Pat Putnam, 90, is one of Orange's leading developers, but not in the strictest real estate sense.
July 10 (Bloomberg) -- The Australian and New Zealand dollars advanced for a second day against the yen, paring a fourth weekly loss, as investors speculated the currencies’ recent losses had been excessive.
St. Paul, MN— CHS Inc ., a leading energy, grains and foods company, reported July 9 earnings of $284.1 million through the third quarter of fiscal 2009.
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