Archive for November 5th, 2008

Molson Coors takes interest in Foster’s (Reuters)

 Molson Coors takes interest in Fosters 
    (Reuters)Reuters - North American brewer Molson Coors Brewing Co has emerged as holder of a 5 percent stake in Australian brewer Foster's Group Ltd , giving it a seat at the bar amid persistent takeover talk.

Original post by Reuters and software by Elliott Back

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U.S. approves loan rules, auto execs lobby for more (Reuters)

 U.S. approves loan rules, auto execs lobby for more 
    (Reuters)Reuters - The Bush administration cleared the way for distressed automakers to access up to $25 billion in loans for making more fuel efficient cars, but red tape could still constrain the flow of money and industry is pressing for more aid now to survive.

Original post by Reuters and software by Elliott Back

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Europe set to slash rates (Reuters)

 Europe set to slash rates 
    (Reuters)Reuters - Europe's top central banks are under pressure to slash borrowing costs on Thursday as market focus shifts back to grim economic realities from the excitement of Barack Obama's historic victory in the U.S. presidential vote.

Original post by Reuters and software by Elliott Back

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Yahoo’s Yang says Microsoft deal still best option (Reuters)

 Yahoos Yang says Microsoft deal still best option 
    (Reuters)Reuters - After nearly a year spent seeking alternatives to Microsoft Corp's buyout offer, Yahoo Inc's Chief Executive Jerry Yang said he believes a deal between the two is still the best option for the beleaguered Internet company.

Original post by Reuters and software by Elliott Back

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