Business and Finance world…

ECB Offers Hungary Liquidity Loan

October 17th, 2008 piotr zukowski

The ECB opened a special repurchase facility allowing the Hungarian central bank to borrow up to €5 billion.

Yahoo Shares Jump on Ballmer’s Remarks

October 17th, 2008 piotr zukowski

Yahoo shares surged 15% after Ballmer signaled Microsoft was open to a deal.

Lenders Eager for GM-Chrysler Deal

October 17th, 2008 piotr zukowski

GM and Chrysler are picking up the pace on merger talks amid strong support from some banks and potential lenders.

Cuba claims massive oil reserves

October 17th, 2008 piotr zukowski

Cuba’s state-owned oil company says it may have more than 20bn barrels of oil in its offshore fields - double previous estimates.

ECB Offers Hungary Liquidity Loan

October 17th, 2008 piotr zukowski

Russians Deal Amid Woes

October 17th, 2008 piotr zukowski

Taxman Awaits Stashed Cash

October 17th, 2008 piotr zukowski

EU Pursues Global Summit

October 17th, 2008 piotr zukowski

Generics Firm Actavis May be Sold

October 17th, 2008 piotr zukowski

Actavis is weighing its options after Thor Bjorgolfsson, whose private-equity firm owns 80% of the generic-drug maker, lost much of his wealth this month.

Modelo Would Buy Back Anheuser Stake

October 17th, 2008 piotr zukowski

Modelo is seeking to buy back all or part of the 50% stake Anheuser-Busch holds in the Mexican brewer, which would alter InBev’s pending purchase of Anheuser.