Finance Info Blog

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US Marines pushing deep into a Taliban stronghold in Afghanistan’s southern Helmand province battled insurgents in a day of firefights around a key bazaar, as an operation designed as a US show of force confronted resistance from Taliban fighters
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KKR reveals Dutch IPO terms

The US private equity group plans to list on the Amsterdam stock exchange after the independent directors of its Dutch-listed fund approved a merger with KKR staff and owners to receive 70% of the combined entity
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The next Coca-Cola or Starbucks is more likely to come from Asia, the Middle East or South America as the balance of global economic wealth shifts
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With great views, ocean, sand and sun right outside the front door, beach houses are the ultimate status symbol–and these are the cream of the crop.
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The Search For Steve, Part II

Microsoft’s chief may be in Silicon Valley for talks with Yahoo!–where is he?
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Best Cars For Snow

The 15 sets of wheels that stand up most to the white stuff.
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Benlysta is first new medicine to succeed against disease in 50 years.
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The Age Of Cronkite

From Cronkite to Kutcher.
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Wall Street Learned Nothing

The big banks haven’t changed a bit.
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CIT seals rescue package

CIT has sealed a two-year, $3bn rescue financing with its creditors that will enable the troubled US finance group to avoid a bankruptcy filing
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Next top brands set to rise in the east

The next Coca-Cola or Starbucks is more likely to come from Asia, the Middle East or South America as the balance of global economic wealth shifts
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Unhealthy Habits You Need To Ditch

These tendencies are derailing your best efforts at living better and longer.
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CIT near to sealing rescue package

CIT is close to a two-year, $3bn rescue financing with its creditors that would enable the troubled US finance group to avoid a bankruptcy filing
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Warning to UK and France on derivatives

Rivalry between Paris and London could jeopardise Europe’s future competitiveness in the vast over-the-counter derivatives markets, France’s stock market regulator has warned
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CIT close to a second chance

The fate of cash-strapped lender CIT Group was still unclear Sunday evening, though the Wall Street Journal reported that it was close to securing a deal with key bondholders for $3 billion in funding.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/SWS8489_eF0″ height=”1″ width=”1″/
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FSA takes tougher line on regulation

Regulators from the Financial Services Authority are sitting in on bank board meetings, demanding more data and questioning brokers’ business plans
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Iran releases UK embassy worker

Hossein Rassam, the British embassy employee who has been accused by the Iranian authorities of acting against Iran’s national security, is released from detention on bail
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US defence secretary warns American public opinion and the military itself have no appetite for a lengthy stay, in one of the frankest admissions yet from a top administration official of limited US patience in the war against the Taliban
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Iceland will announce a €1.5bn recapitalisation of its banking sector and unveil a deal to hand control of two of the country’s healthy new banks to foreign creditors
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More work is needed on proposed health care reform legislation to ensure that whatever bill eventually gets passed by Congress is budget neutral, Health and Human Services Secretary Kathleen Sebelius said Sunday.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/wWJIUhAFVWI” height=”1″ width=”1″/
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Banks use Tarp funds to boost lending

A large majority of US banks claim that government bail-out money has allowed them to write new loans to customers, while a minority has used it to buy rivals, according to a new report by the programme’s watchdog
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Chinese companies agree oil field stake

China‘s pursuit of overseas energy and mining assets continued as CNOOC and Sinopec agreed to buy a 20 per cent stake in an oil field off Angola for $1.3bn from Marathon of the US,
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Israel rejects US call to halt project

Benjamin Netanyahu, prime minister, said, ‘We cannot accept the idea that Jews will not have the right to live and purchase [homes] in all parts of Jerusalem’
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Best American Towns To Visit By Car

These are among the nation’s most fun and scenic road-trip destinations, perfect for summer.
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Indonesian police are confident that the group Jemaah Islamiyah carried out last week’s double suicide bombing, but concerns mount about President Yudhoyono’s crisis management
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