Thursday, October 2, 2008

Business News

Business News

U.S. Senate endorses bailout, uncertainty remains

Posted: 02 Oct 2008 02:14 AM CDT

By Tony Munroe and Ralph Boulton

Axon drops Infosys bid in favour of HCL

Posted: 02 Oct 2008 02:03 AM CDT

LONDON (Reuters) - British software firm Axon Group Plc said on Thursday it was dropping its recommendation of a takeover bid from India's Infosys Technologies in favour of a higher offer from HCL Technologies.

Oil falls after U.S. Senate bailout vote

Posted: 02 Oct 2008 02:01 AM CDT

By Maryelle Demongeot

Nikkei falls as economy worry outweighs bailout vote

Posted: 02 Oct 2008 01:58 AM CDT

By Aiko Hayashi

U.S. Senate approves bailout; Asia stocks fall

Posted: 02 Oct 2008 01:46 AM CDT

By Richard Cowan and Tony Munroe

Juncker hails U.S. Senate approval for bailout plan

Posted: 02 Oct 2008 01:43 AM CDT

BERLIN (Reuters) - Eurogroup chairman Jean-Claude Juncker said on Thursday he was "very relieved" that the U.S. Senate had backed a bailout plan for the financial sector, and pressed the House of Representatives to follow suit.

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