Fed lending spurs commodities drop and rally in stocks
Bernanke's bailout plan brings confidence in US The biggest commodity collapse in at least five decades may signal Federal Reserve Chairman Ben S Bernanke has revived confidence in US financial firms...
IMF SEES US CLOSE TO RECESSION The International Monetary Fund considers that the US economy "remains very weak, certainly close to a possible recession," according to a leaked report quoted by Italian news agency ANSA on Thursday.
Severstal to buy US steel plant from Arcelor Russian steel giant Severstal, on Friday, said it will acquire ArcelorMittal's Sparrows Point mill in the United States for $810 million.
Indian winery buys Australian co for Rs 225 cr Champagne Indage (CIL), on Friday, announced its plans to acquire Australian Vintage's Loxton winery in an all cash transaction deal for 60 million Australian dollars (Rs 225 crore).
Anil Ambani group to launch 20 TV channels The Reliance Dhirubhai Ambani Group is set to launch 20 TV channels in the country as part of its plans to expand the reach in the fast-growing broadcast entertainment business, top company officials said here on Friday.
Does Bangladeshi writer Taslima Nasreen’s decision to leave India indicate a setback to the country’s liberal image?
We invite our readers to give their opinion in about 100 words. Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday. A selection of responses will be published in Sunday’s edition.
