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Welcomes but warnings for Fannie, Freddie rescue plan (Reuters)

14-07-2008 21h32
Reuters - A government plan to rescue mortgage agencies Fannie Mae and Freddie Mac was welcomed by one of the world's biggest holders of dollar assets on Monday but fears remained about the state of the global financial system.

InBev agrees to buy Anheuser for $52 billion (Reuters)

14-07-2008 18h32
Reuters - U.S. brewer Anheuser-Busch Cos Inc accepted a sweetened $52 billion takeover bid from Belgium-based InBev NV to create the world's largest beer maker and end a month-long standoff.

Microsoft, Icahn offered Yahoo $2.3 bln annual revenue (Reuters)

14-07-2008 10h29
Reuters - Microsoft Corp and billionaire investor Carl Icahn's joint proposal for Yahoo Inc , which was rejected on Saturday, included $2.3 billion in guaranteed annual revenue from search advertising for five years, people familiar with the matter said on Sunday.

Futures soar on Fannie, Freddie rescue plan (Reuters)

14-07-2008 20h49
Reuters - Stock futures climbed on Monday, buoyed by the U.S. government's rescue plan for embattled mortgage finance companies Fannie Mae and Freddie Mac and optimism about a $52 billion deal to take over No. 1 U.S. brewer Anheuser-Busch Cos Inc .

Boeing wins $4 bln FlyDubai deal as air show opens (Reuters)

14-07-2008 19h25
Reuters - Boeing Co struck first in its biennial battle with archrival Airbus by securing an order for 50 single-aisle 737 airliners as the world's biggest air show opened on Monday in Farnborough near London.

Ex-auto retail sales jump in June: SpendingPulse (Reuters)

14-07-2008 13h20
Reuters - U.S. retail sales excluding cars jumped in June and posted their biggest one-month rise in seven months, as consumers spent some of their government rebate checks, a private report released on Monday showed.

Economy - Friday (Investor's Business Daily)

12-07-2008 08h04
Investor's Business Daily - Nearly 70% of Americans, or every 2 in 3, who applied for a home mortgage found the process more difficult than before the U.S. housing crisis began, as lenders have made it tougher to get credit amid falling home prices, according to a survey by Deloitte. The survey said 65% seeking home equity lines of credit reported greater difficulty, as did 62% looking for personal loans.

Citi sells German retail banking for $7.7 billion (AP)

12-07-2008 07h07
AP - Citigroup will sell its German retail banking operation to France's Credit Mutuel for $7.7 billion in cash.
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