1. 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.
2. Gazprom and Eni prepare to join forces to pipe natural gas from Libya to Europe data: 10.04.08
Some analysts describe Gazprom's moves in North Africa as a "pincer" attack on Europe, which already gets a quarter of its natural gas from Russia.
3. 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.
4. Chinese banks pass on CIT Group data: 07.04.08
Major Chinese banks - including Industrial & Commercial Bank of China and Bank of China - decided not to invest in the U.S. commercial lender because of concerns about the company's ability to finance itself.
5. Dow falls after downbeat reports data: 27.03.08
A pair of pessimistic reports on home sales and business spending reminded investors about the precarious state of the economy.
6. EADS insiders knew of threats to profits before selling stock, regulator says data: 10.04.08
A report from the French market regulator details meetings in which senior executives learned about threats to profits.
7. Asian stocks drop on fears about U.S. economy data: 10.04.08
Companies like United Parcel Service, considered a bellwether of U.S. economic activity, have cut their earnings forecasts this week, highlighting the threat from a slowing U.S. economy.
8. 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.
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. 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."
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