LONDON -- Three of the largest British banks said Monday they plan to take up to $63 billion of government money to boost their balance sheets.
LONDON (Reuters) - World stocks jumped on Monday from last week's four-year low after policymakers around the world took new and drastic steps to rescue banks and prevent the global economy from sinking into recession.
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UK banks to take $64 billion in government funds
(Reuters,
October 13, 2008; 3:00 AM)
UK banks to take $64 billion in government funds
(Reuters,
October 13, 2008; 2:43 AM)
Asia stocks rally on hopes for bank rescues
(Reuters,
October 13, 2008; 2:32 AM)
Philips core profit down, to slow share buyback
(Reuters,
October 13, 2008; 1:56 AM)
Ford friction led to Leclair's exit: report
(Reuters,
October 13, 2008; 1:17 AM)
Most Asian markets rise after last week's rout
(AP,
October 13, 2008; 1:07 AM)
Ithaca, NY, wants to be America's 1st podcar city
(AP,
October 13, 2008; 12:56 AM)
McCain vows to whip Obama's 'you know what'
(AP,
October 13, 2008; 12:31 AM)
Gov't eyes plan to take ownership stakes in banks
(AP,
October 13, 2008; 12:31 AM)
Boeing, Union held talks with Federal mediator: report
(Reuters,
October 13, 2008; 12:27 AM)
Oil rebounds in Asia on Europe bank rescue plan
(AP,
October 13, 2008; 12:19 AM)
Europe Unified On Proposal to Protect Banks:
World Governments Respond to Crisis
(Post,
October 13, 2008; Page A01)
Investors face more uncertainty as bailout widens
(AP,
October 12, 2008; 10:43 PM)
Is the era of easy credit over for the long haul?
(AP,
October 12, 2008; 9:48 PM)
Beyond merger talks, GM eyes federal funds
(Reuters,
October 12, 2008; 9:45 PM)
Soros slams US, EU leaders for 'slow' response
(AP,
October 12, 2008; 8:17 PM)
U.S. small businesses squeezed in credit crunch
(Reuters,
October 12, 2008; 8:10 PM)
Europe bank rescue plan brings hope
(Reuters,
October 12, 2008; 7:26 PM)
Final hour of trading keeps Wall Street on edge
(AP,
October 12, 2008; 6:26 PM)
Futures rise on bank rescue plan
(Reuters,
October 12, 2008; 6:15 PM)
World Bank to protect poor from economic turmoil
(AP,
October 12, 2008; 5:52 PM)
Key points of euro nations' financial crisis plan
(AP,
October 12, 2008; 5:43 PM)
For stocks, high anxiety rules
(Reuters,
October 12, 2008; 4:27 PM)
Exploring the worst-case scenario
(Reuters,
October 12, 2008; 3:10 PM)
Details about debt at some newspaper companies
(AP,
October 12, 2008; 3:02 PM)
Liquidation unlikely as papers miss obligations
(AP,
October 12, 2008; 2:53 PM)
AIG knew of potential problems in valuing swaps: report
(Reuters,
October 12, 2008; 2:32 PM)
China looking inward as foreign economies slow
(AP,
October 12, 2008; 11:20 AM)
Financial markets near complete freeze
(Reuters,
October 12, 2008; 11:06 AM)
Bankruptcy financing gets pricier and more elusive
(Reuters,
October 12, 2008; 10:04 AM)
China vows stable growth in face of global turmoil
(Reuters,
October 12, 2008; 7:51 AM)
Emirates officials say nation's banks are strong
(AP,
October 12, 2008; 7:01 AM)
UK banks set to unveil bailout plans: source
(Reuters,
October 12, 2008; 6:35 AM)
Iran to study all factors before proposing oil cut
(Reuters,
October 12, 2008; 6:20 AM)
Analysts: GM would need cash to acquire Chrysler
(AP,
October 12, 2008; 5:13 AM)
Tax rebate, food stamp money possible in aid plan
(AP,
October 12, 2008; 5:12 AM)
Tax rebate, food stamp money possible in aid plan
(AP,
October 12, 2008; 2:58 AM)
Euro-zone chiefs meet to coordinate on meltdown
(AP,
October 12, 2008; 2:52 AM)
Bush, allies seek to calm jittery investors
(AP,
October 12, 2008; 2:45 AM)
Britain to launch banking rescue: paper
(Reuters,
October 12, 2008; 2:35 AM)
Iran to seek OPEC oil output cut: minister
(Reuters,
October 12, 2008; 2:18 AM)
Battered by Industry Slump, GM and Chrysler Hold Merger Talks
(Post,
October 12, 2008; Page A15)
Hyundai Motor unlikely to meet 2008 U.S. sales target
(Reuters,
October 11, 2008; 9:17 PM)
Wealth funds, recipients adopt investing principles
(Reuters,
October 11, 2008; 7:27 PM)
Chrysler, GM have merger talks: sources
(Reuters,
October 11, 2008; 7:18 PM)
Chrysler, GM have merger talks: sources
(Reuters,
October 11, 2008; 7:18 PM)
GM talked merger with Ford before Chrysler: report
(Reuters,
October 11, 2008; 5:41 PM)
AIG's gallows humor gives bankers a laugh
(Reuters,
October 11, 2008; 4:52 PM)
Italy to push for broader G7 membership
(Reuters,
October 11, 2008; 3:57 PM)
Key dates in Chrysler's recent history
(AP,
October 11, 2008; 3:28 PM)
For Bush, last 100 days to feature 'no letting up'
(AP,
October 11, 2008; 2:23 PM)
Acquisition talks: About the automakers
(AP,
October 11, 2008; 2:13 PM)
Ford plans to sell Mazda shares: source
(Reuters,
October 11, 2008; 1:28 PM)
Paulson warns emerging markets not immune to turmoil
(Reuters,
October 11, 2008; 1:16 PM)
Sarkozy, Merkel prepare European crisis plan
(Reuters,
October 11, 2008; 12:44 PM)
All that money you've lost _ where did it go?
(AP,
October 11, 2008; 12:41 PM)
Iceland, Britain agree in principle on Icesave
(Reuters,
October 11, 2008; 12:40 PM)
Bush's statement on financial crisis
(AP,
October 11, 2008; 9:20 AM)
Belgium offers Fortis shareholders profit coupon
(Reuters,
October 11, 2008; 6:02 AM)
GM, Chrysler in merger talks: source
(Reuters,
October 11, 2008; 2:48 AM)
GM, Chrysler in merger talks: source
(Reuters,
October 11, 2008; 2:48 AM)
Ford plans to sell Mazda shares: source
(Reuters,
October 11, 2008; 1:30 AM)
Bush Seeks to Calm the Nation, Warns That 'Anxiety Can Feed Anxiety'
(Post,
October 11, 2008; Page A12)
General Motors, Chrysler in merger talks: NY Times
(Reuters,
October 10, 2008; 10:56 PM)
General Motors, Chrysler in merger talks: NY Times
(Reuters,
October 10, 2008; 10:56 PM)
Two small banks fail; brings 2008 tally to 15
(Reuters,
October 10, 2008; 10:01 PM)
GE mulled bank charter as credit markets chilled
(Reuters,
October 10, 2008; 8:50 PM)
Policy-makers weighing more steps to bolster banks
(Reuters,
October 10, 2008; 8:41 PM)
Pepsi to reinvest in soft drink business
(Reuters,
October 10, 2008; 8:34 PM)
Investor Jim Rogers says still likes commodities
(Reuters,
October 10, 2008; 8:10 PM)
GM, Ford say not considering bankruptcy
(Reuters,
October 10, 2008; 7:34 PM)
Trade gap narrows in August on lower oil prices
(Reuters,
October 10, 2008; 7:32 PM)
Bush ex-aide says economic woes a security risk
(Reuters,
October 10, 2008; 7:32 PM)
Wachovia to skip vote on stock issuance to Wells
(Reuters,
October 10, 2008; 7:21 PM)
Japan's MUFG may seek to change M. Stanley deal: report
(Reuters,
October 10, 2008; 7:19 PM)
G7 pledges united crisis response but rifts emerge
(Reuters,
October 10, 2008; 4:52 PM)
G7 pledges united crisis response but rifts emerge
(Reuters,
October 10, 2008; 4:52 PM)
Market ends mostly lower after wild session
(Reuters,
October 10, 2008; 4:48 PM)
Oil drops 10 percent on demand, risk concerns
(Reuters,
October 10, 2008; 4:37 PM)
Morgan Stanley, MUFG not renegotiating deal: source
(Reuters,
October 10, 2008; 4:29 PM)
Bank of America, JPMorgan, lead bank rally
(Reuters,
October 10, 2008; 4:20 PM)
G7 unlikely to adopt UK backstop plan: official
(Reuters,
October 10, 2008; 3:42 PM)
Signs of limited credit thaw emerge in money markets
(Reuters,
October 10, 2008; 3:01 PM)
What rate cut? Interbank lending rates keep rising
(AP,
October 10, 2008; 2:48 PM)
Markets stampede lower; global finance chiefs meet
(AP,
October 10, 2008; 2:45 PM)
Bush says financial rescue plan big enough to work
(AP,
October 10, 2008; 2:45 PM)
Stocks extend huge losses to 8th straight day
(AP,
October 10, 2008; 2:28 PM)
Morgan Stanley shares sink on worries about future
(AP,
October 10, 2008; 2:25 PM)
G7 discussing bank support measures: source
(Reuters,
October 10, 2008; 1:51 PM)
Locked up: Sales of safes grow as economy slides
(AP,
October 10, 2008; 1:30 PM)
Venezuela tax agency closes McDonald's temporarily
(AP,
October 10, 2008; 1:11 PM)
GE 3Q profit off 22 pct, but meets lower forecast
(AP,
October 10, 2008; 12:58 PM)
Ford taps European chief for new CFO
(Reuters,
October 10, 2008; 12:45 PM)
Federal regulators clear Wells Fargo-Wachovia deal
(AP,
October 10, 2008; 12:39 PM)
Judge says Wachovia hearing possible Monday
(Reuters,
October 10, 2008; 12:39 PM)
GE profit drop as expected, finance unit a drag
(Reuters,
October 10, 2008; 12:25 PM)
Mexico auctions off more foreign reserves for peso
(AP,
October 10, 2008; 12:23 PM)
Judge says Wachovia hearing possible Monday
(Reuters,
October 10, 2008; 11:59 AM)
AP source: GM could announce production cuts soon
(AP,
October 10, 2008; 11:59 AM)
Oil falls near 13-month low on global slowdown
(AP,
October 10, 2008; 11:50 AM)
Text of Bush's remarks Friday on the economy
(AP,
October 10, 2008; 11:20 AM)
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