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Grim jobs data throws focus back on central banks

NEW YORK/LONDON, Dec. 5, 2008 (Reuters) — The U.S. economy hemorrhaged more than half a million jobs in November, data showed on Friday, underscoring the depth of a global recession that this week prompted historic interest rates worldwide. ...  > full story

Ex-AOL boss looking to raise cash for Yahoo bid

NEW YORK, Dec. 2, 2008 (Reuters) — Former AOL Chief Executive Jonathan Miller is seeking as much as $30 billion from investors to buy all or part of Yahoo Inc, The Wall Street Journal reported on Tuesday, boosting shares of the Web search engine by 7 percent. ...  > full story

Greenberg wants more info from AIG on U.S. deal

NEW YORK, Dec. 2, 2008 (Reuters) — Maurice "Hank" Greenberg, the former chief executive of American International Group Inc , is seeking more information from the company on its agreement with the U.S. government over assets that have cost the giant insurer dearly. ...  > full story

Obama says long haul ahead

LONDON, Nov. 22, 2008 (Reuters) — President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ...  > full story

GE says not seeking sovereign-wealth investment

NEWTON, Massachusetts, Nov. 20, 2008 (Reuters) — General Electric Co said on Thursday it has no intention of raising additional capital from sovereign-wealth funds. ...  > full story

GE in talks with Asian sovereign funds: FTD

FRANKFURT, Nov. 20, 2008 (Reuters) — General Electric Co is holding talks with sovereign wealth funds to win them over as anchor shareholders, the Financial Times Deutschland reported on Thursday, quoting GE's head of international operations. ...  > full story

Barclays capital plan rejigged, pay bonuses axed

LONDON, Nov. 18, 2008 (Reuters) — British bank Barclays moved to head off a revolt by shareholders on Tuesday by offering them a slice of a 5.8 billion-pound ($8.7 billion) capital injection from Middle East investors and scrapping this year's executive bonuses. ...  > full story
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