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Thu, 21 Aug 2008 WN Europe Broadcasts WN Countries
(Photo: AP / Alexander Zemlianichenko)Georgia invasion worsens Russian downturn
The Troika Dialog investment bank traders work shortly after the New York Stock Exchange opened, Moscow, Monday, Sept. 17, 2001. Russian Trading System Index RTS fell only 1.09 % Monday, showing little correlation with the negative news from the New York Stock Excha...Full Story

Defence   Georgia   Market   Photos   Russia  

(Photo: AP / Kin Cheung)Asian economies meet gravity
Investors study stock prices as traders work at a brokerage firm in Hong Kong Wednesday, Jan. 23, 2008. Hong Kong shares surged Wednesday morning, rebounding with a vengeance from the market's recent plunge as investors welcomed a hefty, surprise interest rate cut overnight by the U.S. Federal Reserve. The blue chip Hang Seng index shot up 7.45 percent, to 23,379.5 points within minutes of opening. It was up 1,179.39 points, or 5.42 percent, to 22,937.02 in midmorning. (AP Photo/Kin Cheung) hg3 ...Full Story

Asia   Economy   Inflation   Market   Photos  
IKB to be bought by Lone Star Funds
| FRANKFURT, Germany - German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star Funds, the German comp...Full Story

Lone Star buys IKB for less than €10 million
| : Lone Star, the private equity firm that recently rode to the rescue of Merrill Lynch, on Thursday picked up the German bank that was an early European casualty of the subprime mortgage crisis for a bargain ...Full Story

GLOBAL MARKETS-Global stocks fall on credit jitters, oil's surge
* Global stocks fall on credit crisis jitters, surging oil * Crude jumps 5 pct on rising global tensions, weak dollar * Dollar falls on nagging worries about financial sector (Recasts with U.S. markets, adds by...Full Story

European Indexes End Mostly Lower
| LONDON | The FTSE 100 closed flat as resource stocks notched up gains on a rise in crude price offsetting weak banking stocks. Wall Street was trading in the red on credit fears and rise in oil. Crude prices ...Full Story

MLP boosts share capital to bolster independence
(Adds Swiss Life reaction) FRANKFURT, Aug 21 (Reuters) - German financial adviser MLP raised its capital by almost 10 percent, placing new shares with three prominent financial players to limit the influence of...Full Story

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Germany and Spain to meet in men's final
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Costello rules out challenge
RELATED NEWS
Thu 21 Aug 2008
Banking worries, rising oil hit European stocks
The Guardian * FTSEurofirst 300 ends 0.9 percent lower * Banks biggest negative weight as credit worries persist ...
IKB to be bought by Lone Star Funds
Kansas City Star | German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgag...
Lone Star Funds to buy IKB, German victim of US subprime mortgage crisis
Newsday | FRANKFURT, Germany (AP) _ German lender IKB Deutsche Industriebank AG, which has been badly hit by...
Bank borrowing from ECB is out of control
The Daily Telegraph | The European Central Bank has issued the clearest warning to date that it cannot serve as a perpet...
IKB to be bought by Lone Star Funds
The Associated Press FRANKFURT, Germany (AP) -- German lender IKB Deutsche Industriebank AG, which has been badly hit by ...
Germany's IKB To Be Bought By Lone Star Funds
CBS News German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage ...
US private equity group buys German sub-prime casualty
The Guardian | US group Lone Star today agreed to take over IKB, the German industrial lender that was the first ...
IKB to be bought by Lone Star Funds
Lexington Herald-Leader | FRANKFURT, Germany -- | German lender IKB Deutsche Industriebank AG, which has been badly hit by t...
Schaeffler to buy minority stake in Continental
Lexington Herald-Leader | FRANKFURT, Germany -- | Auto parts maker Continental AG said Thursday it had ended a weeks-long st...
Continental says suitor Schaeffler agrees to buy only minority stake, Continental CEO to leave
Star Tribune | FRANKFURT, Germany - Auto parts maker Continental AG said Thursday it had ended a weeks-long stand...
RETN Selects Juniper Networks MX-series to Create High-Performance Network Infrastructure
Stockhouse Russian Carrier Deploys JUNOS-Based Ethernet Services Routers to | Accelerate Service Velocity and A...
Germany's IKB to be bought by Lone Star Funds
The State | FRANKFURT, Germany -- | German lender IKB Deutsche Industriebank AG, which has been badly hit by t...
Schaeffler to buy minority stake in Continental
The Associated Press FRANKFURT, Germany (AP) -- Auto parts maker Continental AG said Thursday it had ended a weeks-long s...
Texas group to buy subprime-besieged German bank
Houston Chronicle | Lone Star Funds, the Dallas-based private equity firm, agreed to buy IKB Deutsche Industriebank AG...
Germany's IKB to be bought by Lone Star Funds
Houston Chronicle | FRANKFURT, Germany - German lender IKB Deutsche Industriebank AG, which has been badly hit by the ...
Schaeffler agrees to limit Continental stake
Houston Chronicle | FRANKFURT, Germany - Auto parts maker Continental AG said Thursday it had ended a weeks-long stand...
Germany's IKB to be bought by Lone Star Funds
The Boston Globe | FRANKFURT, Germany—German lender IKB Deutsche Industriebank AG, which has been badly hit by ...
Germany's IKB to be bought by Lone Star Funds
Syracuse | FRANKFURT, Germany (AP) - German lender IKB Deutsche Industriebank AG, which has been badly hit by...
Germany's IKB to be bought by Lone Star Funds
Wtop By MATT MOORE | AP Business Writer | FRANKFURT, Germany (AP) - German lender IKB Deutsche Industrieb...
Does Continental-Schaeffler deal other German companies vulnerable?
International Herald Tribune | The deal that will allow Schaeffler, a family-owned automobile components maker, to take up to hal...
Lone Star to buy IKB, the German subprime casualty
International Herald Tribune | : Lone Star Funds, the Dallas-based private equity firm, has agreed to buy IKB Deutsche Industrieb...
Germany's IKB to be bought by Lone Star Funds
The Press Democrat | Germany's state-owned KfW development bank did not give the terms of its deal to sell 90.8 percent...
Germany's IKB to be bought by Lone Star Funds -
Yahoo Daily News | By MATT MOORE, AP Business Writer 27 minutes ago | FRANKFURT, Germany - German lender IKB Deutsche...
Dallas' Lone Star Funds to buy IKB, German victim of US subprime mortgage crisis
Star Tribune | FRANKFURT, Germany - German lender IKB Deutsche Industriebank AG, which has been badly hit by the ...
Schaeffler Agrees To Limit Continental Stake
CBS News Auto parts maker Continental AG said Thursday it had ended a weeks-long standoff over a takeover bid...
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