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LIC Housing Finance to launch financial services subsidiary
With a view to strengthen its distribution, LIC Housing Finance (LICHFL) plans to launch a financial services subsidiary in this quarter.
The Economic Times

Rand McNally Travel Guides Made Available On NAVIGON GPS Navigators
Rand McNally has announced that it has licensed Rand McNally Scenic Routes and City Guides for NAVIGON's line of personal navigation devices (PNDs). Available Spring 2009, NAVIGON becomes the first co...
Big News Network

EU Issues Stimulus Warning
EU finance ministers said the bloc was running out of room to spend on economic stimulus, as Germany predicted its GDP would shrink between 2% and 2.5% this year and Hungary's currency fell to a record intraday low.
Wall Street Journal

Finance Coalition Touts Private Stimulus
A coalition of banks and private-equity firms is pushing for a greater role in reshaping the nation's infrastructure at a time of government budget deficits.
WSJ.com

Who Was Right? Geithner Warned Of 'Systemic Risk,' While Paulson Claimed 'Fundamentals Are Healthy' - Think Progres
Today, President Barack Obama’s nominee for Treasury Secretary — president of the Federal Reserve Bank of New York Timothy Geithner — is before the Senate Finance committee for his confirmation hearing. Geithner “faces a grilling in Congress” after reports surfaced that he failed to pay self-employment taxes on his 2001-2004 returns while working at [...]
NewsRack

U.K. jobless rate rises, budget gap widens - International Herald Tribune: Business
Britain's public finances deteriorated sharply in December, while the number of Britons out of work approached two million, data showed Wednesday.
NewsRack

Banks to stop selling single premium PPI
Several High Street banks are to cease selling single premium payment protection insurance (PPI) with their unsecured personal loans.Alliance & Leicester, Barclays, Co-Operative Bank, Lloyds Banking Group and RBS/Natwest will be opting out of the controversial market for single premium PPI by the end of this month.The Financial Services Authority (FSA) has welcomed the move, [...]
Finance Markets

LIC Housing Fin profit up 27 per cent
LIC Housing Finance has reported a 26.70 per cent rise in its net profit to Rs 134.33 crore for the quarter ended December 31, 2008, compared with Rs 106.02 crore in the corresponding quarter last year.
Business Standard

Infrastructure - Argentina, Chile - San Juan negotiating US$10mn loan for international pass studies
Argentine province San Juan has requested that the national government provide the guarantee necessary to obtain a loan to finance studies for the Agua Negra international pass, connecting the provinc...
BN Americas

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis
FT.com

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Archived "business - personal finance" news stories.

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