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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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Fannie Mae and Freddie Macâ??s federal regulator is renegotiating the companiesâ?? financing plan with the U.S. Treasury Department and may seek an increase to their $400bn federal lifeline before the end of the year, Bloomberg reports.
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The Austrian government on Monday nationalised Hypo Group Alpe Adria (HGAA), the countryâ??s sixth largest bank by assets.
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Abu Dhabi is providing $10bn in funding to bail out its fellow emirate Dubai, enabling it to settle a $4.1bn Islamic bond (so called sukuk) owed by troubled developer Nakheel due on Monday, the official news agency said.
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Japanâ??s cabinet on Tuesday agreed Y7,200bn ($80.6bn) in stimulus spending intended to shore up a fragile economic recovery with measures including support for employment, easier financing for smaller companies and promotion of environmental protection.
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