British finance minister paints bleak picture of economy (AFP via Yahoo! News)

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Britain’s economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling said in an interview published Saturday.

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IAC Raises $2 Billion in Debt to Finance Spinoff Plan (Update2) (Bloomberg.com)

July 18 (Bloomberg) — IAC/InterActiveCorp , the Internet company controlled by Barry Diller , signed agreements to raise almost $2 billion to finance the spinoffs of three divisions, part of a plan to break up the company.

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$2.45b sale to finance major mine expansion (Toowoomba Chronicle)

THE sale of a Central Queensland coal project will help finance a massive expansion of the New Acland coal mine near Oakey.

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British finance minister paints bleak picture of economy (TODAYonline)

Chancellor of the exchequer Alistair Darling. Britain’s economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Darling said in an interview

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British finance minister paints bleak picture of economy (Straits Times)

LONDON - BRITAIN’S economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling said.

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Favoring Finance (BusinessWeek)

“There exists a misconception—in business and in some groups at Cornell—that finance and sustainability are polarizing topics”

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Survey finds shortage of accounting, finance workers (BizJournals)

A majority of employers say they’re having trouble finding qualified accounting and finance professionals for the second year in a row, according to a recent survey by Robert Half International. (RHI)

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PRESS RELEASE: Fitch Rates BHW Home Finance AA+ (Ind) (Nasdaq)

Fitch Ratings-London/Mumbai/Singapore-14 July 2008: Fitch Ratings has today assigned India-based BHW Home Finance Limited (BH) a National Long-term ‘AA+( ind)’ rating with Stable Outlook and a National Short-term ‘F1+(ind)’ rating.

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Shinsei’s CEO sees consumer finance rebound (The Japan Times)

Shinsei Bank Ltd. Chief Executive Officer Thierry Porte, whose firm is buying General Electric Co.’s Japan consumer finance business for $5.4 billion, said the industry is about to recover from its two-year slump. “I think we are arriving at the bottom, and we can expect to move from here,” Porte, 51, said Monday on Bloomberg Television. Read the full story

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Peru Names IMF’s Luis Valdivieso as Finance Minister (Update2) (Bloomberg.com)

July 14 (Bloomberg) — Peru’s government appointed former International Monetary Fund official Luis Valdivieso as finance minister as the country seeks to extend its longest stretch of economic growth.

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