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Arsenal announce jump in profits Arsenal's big US shareholder Stan Kroenke, with a 12% stake, has become a non-executive director of the North London club. BBC Friday, September 19, 2008
Asian shares soar on bail-out movesChinese stocks led a region-wide rally after the government announced steps to shore up the market, which had lost almost 70% of its value from its October 2007 peak FT.com Friday, September 19, 2008
Shinsei Bank and Seven Bank to open joint ATM corner in TokyoShinsei Bank and Seven Bank, have announced that a Seven Bank ATM will be installed in Shinsei's ATM corner in Tokyo, the first of many such planned joint ATM corners. Banking Business Review Friday, September 19, 2008
Papa John's Pizza Franchise - Papa John's stops using frozen dough on menuPapa John's has announced that frozen dough is a thing of the past on its menus. The pizza delivery franchise signified the end of the frozen dough era publicly, by asking members of its management team to demolish an ice sculpture of a pizza (3m in diameter) in London's Leicester Square. TheFranchiseMagazine Friday, September 19, 2008
Zurich Financial closes acquisition of 50% stake in Banco SabadellThe Zurich Financial Services Group has announced the completion of the acquisition of a 50% stake in the insurance operations of Banco Sabadell, and the establishment of a long-term strategic distribution partnership with the bank. Insurance-business-review.com Friday, September 19, 2008
JP Morgan opens image deposit centers across AsiaJP Morgan has announced the opening of its new international cash letter image deposit centers in Bahrain, Indonesia and Pakistan. Banking Business Review Friday, September 19, 2008
Liberty Mutual Acquisition of Safeco to Close Sept. 22Liberty Mutual Group announced that the Washington insurance commissioner has approved Liberty Mutual's acquisition of Safeco, which was the last approval required for Safeco's acquisition by Liberty Insurancejournal.com Friday, September 19, 2008
Bi-Partisan Burgess Health Care Bills Headed To House Floor, USACongressman Michael C. Burgess, M.D. announced that two bi-partisan bills he helped write to improve health care passed out of committee and now head to the House floor. topix.net Friday, September 19, 2008
Australia To Establish Global Clean Coal InstituteMELBOURNE, Sept 19 (Bernama) -- Australia will spend A$100 million to establish a global clean coal institute, Prime Minister Kevin Rudd announced today. The Institute For Carbon Capture And Storag... India Gazette Friday, September 19, 2008
Paulson and Bernanke Swoop to Rescue Financial MarketsIn an unprecedented series of actions from the U.S. Treasury Department, the U.S. Federal Reserve and the U.S. Securities and Exchange Commission over the last 24 hours, the administration has announced plans to purchase illiquid assets from financial institutions. It also promised to buy up Fannie Mae and Freddie Mac Debt, it will launch an initiative to lend to banks for the purchase of commercial paper, created a fund geared at insuring money market mutual funds and banned short selling on 799 financial stocks. Read More Now Mortage News Friday, September 19, 2008
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