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Draw looms in Delhi

The third test between India and Australia drifted towards a draw on Sunday, as VVS Laxman struck a half-century and Sachin Tendulkar hit 47 to eliminate any final-day concerns for the hosts, who reached 193-5 at tea.

Draw looms in Delhi

The third test between India and Australia drifted towards a draw on Sunday, as VVS Laxman struck a half-century and Sachin Tendulkar hit 47 to eliminate any final-day concerns for the hosts, who reached 193-5 at tea.

Symonds looms large for Voges

WA batsman Adam Voges has admitted to feeling nervous ahead of tomorrow’s Sheffield Shield clash with Queensland at the WACA Ground.

Bank crisis looms over Premier clubs

The era of big money takeovers of Premier League clubs looks to be ending, with club owners realising that nothing is safe from the credit crunch.

Trademark deadline looms for .tel Domain Names

Cairo (ANTARA News/PRNewswire-AsiaNet) - With one month to go until Sunrise opens, trademark owners were today warned that they risk missing out on being listed in the new global, 'live' contacts directory if they fail take advantage of the first come, first served application period for their branded .tel domains.

General election looms for Israel

The leader of Israel's governing Kadima party, Tzipi Livni, has recommended holding general elections after failing to build a coalition government.

Jumbo mortgage deadline looms

Some mortgage borrowers are about to get squeezed by the shrinking of something called the jumbo conforming limit.

State bail-out looms for Italian banks

Italian banks will need a capital injection of more than €21bn ($26.1bn) to bring their financial strength into line with their European competitors in the wake of the global banking crisis, according to a report by Italian investment bank Banca Leonardo. Italy’s banks are becoming increasingly resigned to accepting a government bail-out package expected to be announced soon, after weeks of resisting any interference from the state. They have little exposure to “toxic� assets, but their capital ratios are low compared to banks in countries such as Germany and France, which have taken drastic steps to recapitalise their banking systems. The aid package could total an initial €15bn to €20bn, in the form of a mandatory convertible bond issue that banks could use to boost their core tier one capital ratios, a key measure of the so

Web Sales Tax Looms

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Credit crunch storm looms for IT security

Experts are forecasting stormy times ahead for corporate IT security as companies are hit by a triple whammy of increased regulation, slashed budgets and emerging technologies.

TALKS CONTINUE AS DECISION LOOMS

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Banks nervous as Centro deadline looms

Centro Properties Group is expected to hold its annual investors' meeting in late November 2008. Commonwealth Bank of Australia is believed to have around $A990 million in secured exposure and $A160 million in unsecured exposure to the troubled property group, and is thought to have become increasingly nervous in recent days about Centro's ability to survive

Banks nervous as Centro deadline looms

LONG-SUFFERING shareholders of Centro Properties Group will get their day in the sun this week when the directors face the annual investors' meetings - if the group survives the next few days.

Hubble Back Online, But Danger Looms

The Hubble Space Telescope sent this spectacular image back to Earth to celebrate coming back online after nearly a month of down time following a mechanical breakdown. After a rocky start, Hubble's on-board back-up camera got up and running last week and began collecting images days later.

UBS cuts payouts as shareholder meeting looms

UBS has unveiled a new bonus scheme for its employees as its cuts all bonuses to its executive board eleven days before a shareholders meeting that is expected to discuss questions about the bank’s payments to its chief executives.

Aussies must fire as Gambhir decision looms

A potential decision to play suspended opener Gautam Gambhir in the final Test of the Border-Gavaskar Trophy series could spark major controversy between Australia and India in Nagpur today.

Woolworths to sell DVD arm as insolvency looms

The fate of iconic high street retailer, Woolworths, was hanging in the balance last night with only desperate early hours negotiations with lenders standing between the group and administration.

Small business accounts in spotlight as recession looms: What will your bank do for you?

As the economy slides into recession and the credit crunch bites harder, the Government has demanded that banks treat small businesses fairly. Early next month it will set up the Small Business Forum, designed to give the UK's 4.7 million small businesses a voice. Bank bosses will also have to justify the way they treat small firms.

While markets continue to sag and a recession looms, artists at an annual visual arts festival in Vancouver say the local art scene is flourishing despite economic uncertainty.

Valerie Arntzen, executive director of the Eastside Culture Crawl, says people turn to art in times of economic uncertainty.
(CBC)

Bank to signal more rate cuts as recession looms

LONDON (Reuters) - The Bank of England is likely to signal on Wednesday that the economy has entered such a painful recession that there is a greater danger of too little inflation than too much.

Europe, UK central banks cut rates as recession looms

European and British central banks cut interest rates on Thursday on the increasing concern about economic conditions throughout the world.

Even reliably red Montana in play as election looms

Hot Topics » Ticker • McCain • Obama • Fact Check • Electoral map • Commentary • more topics »

E-voting fears run high as election day looms

With just a week to go before the US presidential election, academics, politicians, and voters are voicing increased distrust of the electronic voting machines that will be used to cast ballots.

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