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U.S. brewer Anheuser-Busch Cos Inc (BUD.N) agreed to a $50 billion takeover by Belgium-based InBev NV (INTB.BR), a source familiar with the situation said on Sunday, creating the world’s largest beer maker.
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AP, Singapore
Oil prices rebounded from a 13-month low to rise above US$80 a barrel Monday in Asia on expectations that a pledge by European countries to keep banks from collapsing...
made popular 1 hr. ago
AP, Hong Kong
Most Asian stock markets recovered in early trading Monday after last week’s historic sell-off as governments around the world intensified efforts to boost the...
made popular 1 hr. ago
AP, Washington
Outspoken billionaire investor George Soros on Sunday criticized U.S. and European officials for taking too long to effectively address the financial crisis.
made popular 5 hr. ago
How far can it fall? People have been anxiously wondering as they watch the plunging stock market. But increasingly the same question is being asked about another...
made popular 6 hr. ago
AP, New York
The chaotic hour before Wall Street’s closing bell has never been for the faint of heart. These days, it’s been absolutely brutal.
made popular 7 hr. ago
AP, Washington
The World Bank agreed Sunday to help developing countries strengthen their economies, bolster their financial systems and protect the poor against the financial turmoil...
made popular 7 hr. ago
AP, New York
Investors agonizing over whether the stock market is bottoming out or about to continue its precipitous decline face more uncertainty this week as they await action on...
made popular 7 hr. ago
AP,
European leaders agreed to several measures _ German Chancellor Angela Merkel called them a “tool kit” _ that governments will be able to use to shore up...
made popular 7 hr. ago
AP, Ithaca
The thought of a driverless, computer-guided car transporting people where they want to go on demand is a futuristic notion to some.
made popular 9 hr. ago
AP, Washington
Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new...
made popular 9 hr. ago
AP,
Newspaper companies renegotiating debt agreements with lenders:
made popular 10 hr. ago
AP, Paris
France’s President Nicolas Sarkozy says countries that use the euro will temporarily guarantee bank refinancing to ease the credit crunch.
made popular 10 hr. ago
AP, Paris
A draft declaration by euro-zone leaders says their governments plan to temporarily guarantee future loans among private banks to unlock frozen credit markets.
made popular 12 hr. ago
AP, Paris
A draft declaration by leaders of countries that use the euro currency says their governments would temporarily guarantee future bank debt to encourage lending and ease...
made popular 12 hr. ago
AP, Washington
Appealing for global unity in a time of crisis, Treasury Secretary Henry Paulson said Sunday that isolationism and protectionism do not offer a way to contain the...
made popular 13 hr. ago
AP, Washington
The government’s plan to make sure private managers of a $700 billion bailout plan are free of conflicts of interest is weak, according to some critics, and...
made popular 16 hr. ago
AP, Washington
Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the...
made popular Oct 12 2008
AP, Detroit
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts.
made popular Oct 11 2008
AP, Washington
The International Monetary Fund says it strongly endorses a plan by rich countries to fight the global credit crisis.
made popular Oct 11 2008
AP, Washington
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...
made popular Oct 11 2008
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AP, New Delhi
It can scale mountains in a single bound and wend its way down the most wretched roads. It is the mighty cell phone signal _ and the latest hope for bringing financial...
made popular Aug 6 2008
On the back of robust growth in jewellery and watches business, Tata group’s Titan Industries is aiming to become a billion dollar company by the end of this...
made popular Jun 30 2008
The Internet will run out of addresses in another two years as only 700 million separate addresses are remaining for allocation out of the 4.3 billion available on the...
made popular Jun 18 2008
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Farmers Branch:
Mike Dewey pauses during an interview in Farmers Branch, Texas, Monday, March 31, 2008. Dewey has a plan to eliminate breast cancer: He’s offering $1 billion to the person who discovers the cure. Dewey, whose daughters are at increased risk for the...
