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Mining giant BHP proposes buyout of Anglo American - The UK-based mining giant Anglo American says it has received a takeover proposal from Australia's BHP.
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Mining giant BHP offers to buy rival Anglo American in potential megadeal - Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could...1 hour ago
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A reminder to update Picasa - *We just updated Picasa. To ensure that sharing to Google+ still works, please update to the latest version or turn on automatic updates. Thanks, and happy...10 years ago
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A set of austerity measures cleared the Italian Senate by a vote of 156-12. The lower chamber of Parliament will vote Saturday, and Prime Minister Silvio Berlusconi has said he will step down once the reforms are passed.
ReplyDeleteIn a sign of confidence from investors, Italy's borrowing costs fell sharply. The yield on benchmark Italian 10-year bonds fell to 6.48 percent, safely below the crisis level of 7 percent reached earlier this week.
Greece, Ireland and Portugal all required international bailouts after their own borrowing rates passed 7 percent. The Italian economy would not be so easy to save. It totals $2 trillion, twice as much as the other three countries combined.