Finance Info Blog

money, finance, personal finance and more…

Judge clears way for ‘New Chrysler’

A bankruptcy judge approved late Sunday the sale of most of Chrysler’s assets to a group led by Italian automaker Fiat.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/don1-EbPoIw” height=”1″ width=”1″/
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Geithner calls for new ties with China

Tim Geithner, the US Treasury secretary, arrived in China on his maiden visit with calls for China to make its currency more flexible in return for fiscal reforms on the part of the US
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Judge approves sale of Chrysler assets

A bankruptcy judge approved late Sunday the sale of most of Chrysler’s assets to a group led by Italian automaker Fiat.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/don1-EbPoIw” height=”1″ width=”1″/
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Act Now On Systemic Risk

We’re in danger of going back to square one.
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U.S. Vows To Be Hands-Off Owner Of GM

Automaker to get $30 billion in bankruptcy financing from government, which will receive 60% stake.
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Lessons From A Personal Credit Crisis

What Edmund Andrews tells us about TARP.
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NK moves missile towards launch site

North Korea has started moving a long-range missile towards a launch pad in possible preparation for another missile test, according to US officials
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US energy braced for hurricane pressure

Rising reinsurance rates and falling capacity have left some insurers and US energy producers with more to fear than in past years as the Gulf of Mexico hurricane season begins
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GM to head into bankruptcy

General Motors, the nation’s largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and a de facto government takeover on Monday.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/izNZ8×5yiZ8″ height=”1″ width=”1″/
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Cadbury is looking to build on its dominant position in India’s chocolate market by turning the country into a regional centre for cocoa production
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The majority of the world’s leading investors do not believe the recent strong performance of stocks and other risky assets is sustainable, according to a report
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Sanofi’s Breast Cancer Bet

Can a highly targeted drug help revive Sanofi-Aventis?
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Monday is bankruptcy for GM

General Motors, the nation’s largest automaker and for decades an icon of American manufacturing, stood Sunday on the brink of bankruptcy and a de facto government takeover.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/izNZ8×5yiZ8″ height=”1″ width=”1″/
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Nomura staff warm to western contracts

Nomura has persuaded half of its jobs-for-life Japanese investment bankers to give up local contracts and adopt more volatile western deals in the mould of Lehman Brothers
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Cadbury is looking to build on its dominant position in India’s chocolate market by turning the country into a regional centre for cocoa production
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Kansas abortion doctor killed at church

A Kansas doctor who was a controversial provider of so-called ‘late-term’ abortions was shot and killed at his church, local media reported
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Microsoft and Sony take aim at Wii

Microsoft and Sony are launching a video-game offensive against Nintendo this week, as the clear leader in console sales shows its first signs of flagging.
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US and China eye economic co-ordination

Tim Geithner, US Treasury secretary, begins two days of top-level economic talks in Beijing amid a tightening
focus on the need for the US and China to co-ordinate their exit strategies from the financial crisis
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The United States and Cuba have agreed to resume direct talks on migration, last held in 2003, and open discussions on establishing direct mail service between the two countries, a US official said
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Government To Tap TARP?

The Fed will likely have to accept TARP repayment applications due to trouble with small regional banks.
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Barack Obama is set to send his Middle East envoy to Syria in the most concrete sign yet of rapprochement between Washington and Damascus
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US and China eye economic coordination

Tim Geithner, US Treasury secretary, begins two days of top-level economic talks in Beijing amid a tightening
focus on the need for the US and China to co-ordinate their exit strategies from the financial crisis
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US warns on new Pyongyang missile plan

North Korea has started moving a long-range missile towards a launch pad in possible preparation for another missile test, according to US officials.
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GM to file for Chapter 11 protection

A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday.
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GM bondholders in debt-for-equity swap

A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday.
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