1. Chaos complicates life for Walsh, chief executive of British Airways data: 07.04.08
The financial year just ended was supposed to mark a turnaround but just when Walsh should have been planning celebrations, he was juggling record fuel prices, economic malaise and Terminal 5 troubles.
2. Bear Stearns employees sending out rĂŠsumĂŠs in bad market data: 07.04.08
Bear Stearns employees are flooding Wall Street with their rĂŠsumĂŠs as the firm is acquired by rival JPMorgan Chase, but the job market looks bad, investment bankers and recruiters said.
3. Dollar falls below 7 yuan data: 10.04.08
The milestone underlined China's growing economic strength and its increasing use of the currency as a policy tool.
4. Britain's financial regulator to hire more supervisors data: 27.03.08
The Financial Services Authority issued a report that found its supervision of Northern Rock was inadequate.
5. Microsoft warns Yahoo board to act on merger offer data: 07.04.08
Microsoft has warned the board of Yahoo that if a merger agreement is not completed within three weeks, Microsoft would make its offer directly to Yahoo shareholders, probably at a lower price.
6. Americans begin to face the pain of an overvalued house data: 27.03.08
Homeowners sometimes lose sight of the fact that their home is only a house to most buyers, especially when prices are falling.
7. Major banks promise new guidelines to try to head off further regulation data: 10.04.08
The Institute for International Finance, a banking group, said new strictures are priorities for industry action, not government fiat.
8. U.S. Senate panels to investigate Bear Stearns deal data: 27.03.08
Treasury Secretary Henry Paulson Jr. defended the takeover even as he called for more transparency on the part of Wall Street.
9. Accounting firm under fire in collapse of subprime lender data: 27.03.08
A sweeping investigation found that KPMG enabled New Century Financial's "improper and imprudent practices."
10. Credit crisis forces a German lender to close data: 10.04.08
Weserbank's chief executive blamed market turmoil for the demise of the bank, the first European banking fatality of the global financial crunch.
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