Sunday, September 28, 2008

Business News

Business News

U.S. reaches bailout deal in bid to stem crisis

Posted: 28 Sep 2008 01:54 AM CDT

By Kevin Drawbaugh and Donna Smith

Govt concerned over possibility of US fin meltdown's fall out

Posted: 28 Sep 2008 01:20 AM CDT

New Delhi, Sep 28 (PTI) The financial meltdown in the US may not not have had its impact in India so far but there is concern at the highest levels in the government about the possibility of its

Midnight breakthrough in US capital on bailout package

Posted: 28 Sep 2008 01:10 AM CDT

Washington, Sep 28 (DPA) In a dramatic group appearance shortly after midnight in the US capital, Congressional leaders early Sunday said they had made progress on an emergency finance rescue package.

Hong Kong investors in Lehman protest again, AS

Posted: 28 Sep 2008 01:00 AM CDT

HONG KONG (AP) _ Investors in Lehman Brothers in Hong Kong held their second protest in a week on Sunday, accusing local banks of misleading them about investment products backed by the failed U.S. investment bank.

Chavez buys a million laptops from Portugal

Posted: 28 Sep 2008 12:56 AM CDT

Lisbon, Sep 28 (IANS) Venezuelan President Hugo Chavez has signed an agreement to buy one million laptop computers from Portugal during a visit to the Iberian nation, the EFE news agency reported Sunday.

US bailout fuels protests in streets, online

Posted: 28 Sep 2008 12:33 AM CDT

New York, Sep 28 (IANS) Even as lawmakers laboured to break the impasse on Bush administration's $700 billion plan to rescue giant Wall Street firms to solve the financial crisis, the bailout has spontaneously inspired street protests in the US and outrage gone viral across the web.

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