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business - "credit"
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Impact of global credit crunch expands in EuropeThe governments of Belgium, the Netherlands and Luxembourg partially nationalized Fortis, and the British government took over Bradford & Bingley.
Utah banks lending - with caveatsThe downward spiral of credit and financial markets hasn't dried up prospects for mortgage or commercial loans in Utah. But it's not business as usual, bankers and developers said Monday, with the latter noting that some prospective tenants in big projects are in pause mode as
InBev gets investment rating, A-B's loweredA credit-rating agency assigned a Baa2 long-term debt rating to Belgian InBev on Monday and also downgraded Anheuser-Busch’s long-term rating to Baa2 from A2. (BUD)
Homebuilders Seek $15,000 Tax Credit for Buyers to Rescue Sagging MarketU.S. homebuilders , buffeted by at least $19 billion in losses since 2006, plan to ask Congress to help stop the bleeding.
Canadians brace for 'bloodbath' as credit tightens, money dries upThe economic engines that power the North American economy are sputtering for lack of fuel and lubricant
Fortis gets €11bn lifeline from three governmentsThree governments were forced to step in and partially nationalise Fortis Bank yesterday, as the credit crunch contagion spread across Europe – just days after Fortis reassured investors that it...
Banks warned not to hide credit exposureTHE prudential regulator has warned the big banks to scrutinise their overall loan exposure to financial companies and their satellite funds as turmoil continues on global markets.
Global Markets See Big Selloff; Asia Sharply LowerAnalysts said the freezing of credit markets and signs that more and more banks are now succumbing to the strains stemming from the U.S. housing slump probably will fuel more volatility.
Teck finds funds for Fording takeoverAmid the chaotic credit markets, Teck Cominco Ltd. said it secured $9.8-billion (U.S.) in debt financing to help fund its takeover bid for Fording Canadian Coal Trust
Systemic risk battles round the cornerThe US authorities are trying to pivot from ad hoc firefighting to a more strategic approach to tackling the credit crisis - but the Wachovia deal shows how difficult this is going to be
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Archived "business - credit" news stories.
 Available news archives.
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