Business & Finance

U.S. regulators seize two more banks, engineer sale 10:32pm EDT

WASHINGTON (Reuters) - U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a housing bust and credit crunch. Full Article

Poll: G7 Outlook

Growth prospects are dimming across the G7, putting central banks on "an extraordinary tightrope," a Reuters poll of 250 economists showed.  Full Coverage 

 

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Shrinking market sends Japan Inc buying abroad Thursday, 3 Jul 2008 10:53am EDT

TOKYO (Reuters) - Japanese companies are turning increasingly to overseas acquisitions to drive growth, buy technology and build market share, spurred by a stagnant domestic economy, shrinking population and largely unburdened by subprime credit damage.  Full Article 


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