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Old Lady to take on risk of default The Bank of England will next month gain the authority to purchase 'high quality' corporate assets in a bid to ease financing strains on large companies FT.comPeru finance chief quits, replaced by predecessor LIMA, Peru — Peru's finance minister resigned Monday after about six months on the job, giving the post back to his predecessor amid signs that economic growth is slowing in the South American nation... AJCThe Water Cooler * With the rise of litigants acting on their own without lawyers, the work of the Personal Support Unit (the advice bureau in the Royal Courts of Justice) is more crucial than ever. So the unit has done well to be selected as the charity of choice for BBC Radio 4's appeal. In a programme about its work on Sunday night, Lord Woolf, the former Lord Chief Justice, said: "As a judge I saw far too often in front of me struggling, frightened litigants on their own. Sadly, a judge can give only so much advice and help. I know, despite my best efforts, they would often go home believing that justice had not been done." Times onlineDewan Hsg emerges as highest bidder for IDBI`s home loan unit Dewan Housing Finance has emerged as the front-runner to buy IDBI Bank's home finance subsidiary, IDBI Home Finance, having put the highest bid amongst the three shortlisted bidders. The Economic TimesSpain Gets Credit Downgrade Spain became the second euro-zone country in less than a week to suffer a downgrade of its government debt, as the bloc's deepening recession eats into tax revenues and threatens the health of public finances. Wall Street JournalSpain loses triple A rating Spain lost its triple A sovereign credit rating from Standard & Poor's when the rating agency downgraded the country's long-term debt because of its deteriorating public finances FT.comInstitute for Media and Entertainment: Institute for Media and Entertainment (IME) Offers Finance for Nonfinancial Managers NEW YORK, NY (MARKET WIRE) The Institute for Media and Entertainment (IME), the leader in media and entertainment executive education, announced FAME (Finance and Accounting for Media Professionals), a new spring course for mid to senior-level media executives with non-financial backgrounds who want to advance their careers. Marketwire.comPeru finance chief quits amid economic slowdown Peru's finance minister resigned Monday after about six months on the job, giving the post back to his predecessor amid signs that economic growth is slowing in the South American nation. Cabinet chief Yehude Simon said Luis Valdivieso stepped down for... San Francisco ChronicleEnel Has Financing to Buy Endesa Italian utility Enel has set up about $9.21 billion of financing to enable it to take full control of Spanish utility Endesa. Wall Street JournalMining sector shocks threat mineral discoveries The fall in commodities prices and freeze in finance are forcing miners to drop exploration and development indefinitely, which creates a long-term threat: fewer new mines coming on stream means fewer minerals will reach the market FT.com1 2 3 4 |
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