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July 30 (Bloomberg) — General Electric Co. rose in New York trading after U.S. Representative Barney Frank said manufacturers that already own finance businesses should be allowed to keep the units under revised banking rules.
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General Electric Co’s finance arm is navigating the current recession more or less as it had predicted in March and does not expect to turn to investors for more capital, company officials said on Tuesday.
NEW ISSUE-Power Finance Corp to sell bonds on Thursday (Reuters via Yahoo! Asia News)
MUMBAI, July 29 (Reuters) - Power Finance Corp plans to raise at least 1.5 billion rupees through a bond sale scheduled to open on Thursday, two sources, including a company official, said on Wednesday.
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PUTRAJAYA, July 28 (Bernama) — The Ministry of Finance today said it has not appointed a company or issued a letter of offer to any company to implement the Sungai Muar, Johor, flood mitigation project.
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July 24 (Bloomberg) — Serbias economy will contract more than forecast by the government this year as a drop in demand from key export markets hits manufacturers, Finance Minister Diana Dragutinovic said.
FLA steps up POS finance fightback (AM Online)
Automotive lenders are stepping up their efforts to win more point-of-sale business with the launch on August 1 of Specialist Automotive Finance Approved.