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Akzo unit plans 5-yr euro benchmark bond -IFR - Forbes
LONDON, Dec 4 (Reuters) - Akzo Nobel Sweden Finance AB, a unit of Dutch chemical group Akzo Nobel NV, plans to issue a five-year euro benchmark bond, IFR reported on Thursday. Guidance is at mid-swaps plus 450 to 475 basis points, said IFR, a Thomson ...

Market Report: Friends Provident proves popular on bid talk - The Independent
Friends Provident was strong last night amid talk of possible bid interest from Resolution, Clive Cowdery's investment vehicle that it is due to list on the London market next week. Citing reports of heavy institutional interest in the IPO, traders ...

Tata Motors Falls by Record in New York as Sales Dip (Update1) - Bloomberg
Dec. 2 (Bloomberg) -- Tata Motors Ltd. , the maker of Jaguar and Land Rover vehicles, plunged the most on record in New York after sales declined in India and the company sought loans from the public to refinance the acquisition of the luxury brands ...

Divi cheer at Greene King amid pubs woe - Evening Standard
Greene King today emerged as one of the winners from the carnage in the pub sector, becoming the only mainstream player that is still paying a dividend to shareholders. The IPA and Speckled Hen brewer, which also runs 1400 pubs, held sales steady at ...

Bernanke wants more action to curb foreclosures - North County Times
This is a Feb. 19, 2008 file photo showing the main entrance to the headquarters of Swiss bank Credit Suisse in Zurich, Switzerland. Credit Suisse Group said Thursday, Dec. 4, 2008 it is cutting 5,300 jobs, about 11 percent of its global work force ...

BOND REPORT: Treasurys Gain With Yields At Multi-decade Lows - CNN Money
Treasurys advanced Thursday, pushing benchmark 10-year note yields to multi-decade lows, as a report showed initial claims for unemployment benefits unexpectedly fell in the latest week. Ten-year note yields (UST10Y) fell 5 basis points, or 0.05%, to ...

Australian shares end flat, Rio Tinto dives - CNBC
By Denny Thomas SYDNEY, Dec 4 (Reuters) - Australian shares finished steady on Thursday, ignoring a rally on Wall Street, as global miner Rio Tinto Ltd fell about 12 percent on concerns it may need to raise capital to lower its gearing. The overall ...

ANALYSIS-Europe firms should race to lock in bond funding - Forbes
LONDON, Dec 2 (Reuters) - European companies with debt maturing soon should refinance now despite punitive rates because there is worse on the way. Competition from hundreds of millions of dollars worth of government-backed bonds and from $1 trillion ...

Rosneft Says Fourth Quarter Will Be ‘Difficult’ (Update1) - Bloomberg
Dec. 4 (Bloomberg) -- OAO Rosneft , Russia’s biggest oil producer, said the fourth quarter will be “difficult” because revenues will be reduced by lower oil prices and a high crude export duty. The Moscow-based company expects net revenue of $7 ...

European, US markets down after further grim data - Salon
Dec 3rd, 2008 | LONDON -- European and U.S. stock markets fell Wednesday after further dismal economic data. Asian markets were higher after Wall Street's rebound the previous session. The FTSE 100 index of leading British shares was down 76.52 ...

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