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BNP Paribas profit advances 25 percent on investment banking

| Findory News

International Herald Tribune: Net income for the bank, which is based in Paris, climbed to €2.51 billion, or $3.4 billion, from €2.01 billion a year earlier. Revenue rose 21 percent to €8.21 billion.


Trade deficit widens

Thu, 10 May 07 11:49:51 GMT | londonstockexchange

The UK trade deficit widened in March to ?4.5 billion up from ?4.3 billion a month earlier, according to new figures from the Office of National Statistics (ONS).


Citi to Invest $50 billion to Fight Global Warming (at Business 2.0)

Thu, 10 May 2007 17:17:00 GMT | Yahoo! Finance

Citi, the financial services multinational formerly called Citigroup, has pledged to spend up to $50 billion over the next decade to invest in renewable energy and other green technologies.


China says April trade surplus nearly US$17 billion

Fri, 11 May 2007 05:23:00 -0400 | CANOE Money

BEIJING (AP) - China's monthly trade surplus in April rose to nearly US$17 billion, almost double the previous month's figure, the government reported Friday.


Feds can't say for sure where $2 billion in child-care funding went

Sun, 13 May 2007 16:46:00 -0400 | canoe CNEWS

OTTAWA (CP) - More than $2 billion in federal child-care funding has flowed into a virtual accountability void in the last three years.


Mylan Labs in Deal to Buy German Generic Drug Unit

Sun, 13 May 2007 22:38:45 EDT | New York Times

Mylan Laboratories has agreed to buy the generic drug unit of Merck, the German drug maker, for 4.9 billion euros ($6.7 billion) in cash.


Private Equity Group in $7.4 Billion Deal for Chrysler

Mon, 14 May 2007 17:36:00 EDT | NPR News Headlines

German automaker DaimlerChrysler has announced that it is selling 80 percent of its struggling Chrysler division to Cerberus Capital, a private equity firm. Cerberus will pay $7.4 billion for the U.S.-based entity, but little of that money will go to Daimler. In the transaction announced this morning, Daimler will actually end up paying to get out from under Chrysler's crushing liabilities.


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