Archive for June, 2009

A.I.G. to Sell Consumer Finance Unit in Mexico (New York Times)

Friday, June 26th, 2009

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The streamlining of the American International Group continued on Wednesday, as the company announced plans to sell its consumer finance operations in Mexico for an undisclosed price.

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Sterling falls over finance warning - Channel 4 News

Thursday, June 25th, 2009

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Sterling fell sharply after a leading ratings agency issued a stark warning about the state of the UKs public finances. SP revised its outlook on the UK to negative from stable, although at the same time it maintained its AAA long-term sovereign …


FASB tightens off-balance-sheet loan rules - Associated Press

SINGAPORE (AP) — Singapores economy shrank less in the first quarter than first estimated, suggesting the islands hard-hit manufacturing and finance sectors improved in March. Gross domestic product fell an annualized, seasonally adjusted 14.6 …


Finance brokers turn the screw on battlers - News.com.au

Struggling single mum Gabie Paulka says she was hit with a $4100 fee when she rejected a loan she could not afford. And now she is blocked from selling her Gladstone Park house and barred from getting finance elsewhere until she pays the fee. When …

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Inability to supply oil to PSO: Finance takes notice of Attock Group attitude (Business Recorder)

Thursday, June 25th, 2009

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ISLAMABAD (June 25 2009): The Finance Ministry has taken serious notice of threatening posture of Attock Oil Refinery Group, that shows its inability every now and then to supply fuel to Pakistan State Oil (PSO) if there is slight delay in payment of dues.


AIG Agrees to Sell Consumer Finance Unit in Mexico (Update1) (Bloomberg)

June 24 (Bloomberg) — American International Group Inc. , the insurer divesting assets to repay U.S. loans, agreed to sell its consumer finance operations in Mexico to firms related to Afirme Grupo Financiero and Consorcio Villacero.

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Sonia rules out Montek; Will Pranab get Finance? - MSN India

Thursday, June 25th, 2009

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New Delhi: United Progressive Alliance (UPA) Chairperson Sonia Gandhi has told party managers that she was in favour of appointing only politicians as Cabinet ministers, since they were accountable to the people during elections, and preferred to …

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Health-care reform requires the t-word - Des Moines Register

Monday, June 22nd, 2009

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Health reform cannot come without tax reform. As Congress crafts legislation that could make significant changes to this countrys health-care system, changes to the tax code must be on the table. Because no matter what Congress does to control costs …


Sonia rules out Montek; Will Pranab get Finance? - MSN India

New Delhi: United Progressive Alliance (UPA) Chairperson Sonia Gandhi has told party managers that she was in favour of appointing only politicians as Cabinet ministers, since they were accountable to the people during elections, and preferred to …


Sterling falls over finance warning - Channel 4 News

Sterling fell sharply after a leading ratings agency issued a stark warning about the state of the UKs public finances. SP revised its outlook on the UK to negative from stable, although at the same time it maintained its AAA long-term sovereign …

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