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Earthtimes (press release)

Citigroup to cut 10 percent of investment bank unit: report Reuters - 1 hour ago NEW YORK (Reuters) - Citigroup Inc is set to slash about 6500 jobs in its investment banking division, the Wall Street Journal said on its website on Sunday. Citigroup May Fire 10% of Investment-Bank Workers, WSJ Reports Bloomberg Citigroup Plans Major Layoffs: Report TheStreet.com MarketWatch all 682 news articles

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Earthtimes (press release)

MBIA Credit Rating Downgrades Prompt $7.4 Billion of Payments Bloomberg - 38 minutes ago By Christine Richard June 23 (Bloomberg) — MBIA Inc.'s credit rating downgrade by Moody's Investors Service is likely to trigger $7.4 billion of payments and collateral postings. Bond insurers want $125 bln of cover wiped out -FT Reuters Gloom follows MBIA rating cut Financial Times BusinessWeek - Forbes - MarketWatch - Wall Street Journal all 291 news articles

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The Gazette (Montreal)

Tokyo Drops for Third Straight Session Wall Street Journal - 1 hour ago By V. PHANI KUMAR HONG KONG — Japanese shares suffered big losses Monday, extending their decline into the third straight session, as exporters such as Toyota Motor Corp. Nikkei falls 1.2 pct, exporters down on Wall St Forbes Nikkei falls 1.7 percent Washington Post RTT News - Forbes - Forbes - Forbes all 656 news articles

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KATU

Iran Ships Can Hold 5 Months of Saudi Oil Pledge: Chart of Day Bloomberg - 1 hour ago By Lee J. Miller and Alaric Nightingale June 23 (Bloomberg) — Iranian supertankers now in the Persian Gulf could store the equivalent of five months worth of the additional crude oil Saudi Arabia pledged to pump to curb record prices, according to … At Oil Conference, Saudis Offer Slight Rise in Production New York Times NYMEX crude falls towards $134 after Jeddah meeting Reuters AFP - International Herald Tribune - Channel News Asia - FN Arena News all 3,133 news articles

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Calgary Herald

Citibank may cut 10% of investment banking staff MarketWatch - 50 minutes ago By Chris Oliver, MarketWatch HONG KONG (MarketWatch) — Citigroup Inc. plans to lay off as much as 10% of the 65000 workers in its investment banking division, with the first round of dismissal notices to be issued as early as Monday, according to a … Citigroup to cut 10 pct of investment bank unit: WSJ Reuters Citigroup May Fire 10% of Investment-Bank Workers, WSJ Reports Bloomberg The Associated Press - TheStreet.com - MarketWatch all 801 news articles

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Kenya Broadcasting Corporation

Oil dips on Saudi assurances, Nigeria ceasefire Reuters - 2 hours ago By Fayen Wong PERTH (Reuters) - Oil was slightly lower on Monday after Saudi Arabia said it was ready to increase oil output capacity and Nigerian militants announced a unilateral ceasefire, with Middle East tensions putting a floor under the price. Saudi Arabia Boosts Oil Supply; OPEC Ministers Doubt Price Drop Bloomberg Oil minister: Saudi willing to boost output International Herald Tribune Financial Times - FN Arena News - Buzzle - New York Times all 3,472 news articles

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Bay News 9

Report: Citigroup to slash investment-banking jobs The Associated Press - 1 hour ago NEW YORK (AP) - Citigroup is preparing fire thousands from its worldwide investment-banking division, The Wall Street Journal reported on Sunday. Citigroup May Fire 10% of Investment-Bank Workers, WSJ Reports Bloomberg Citigroup Plans Major Layoffs: Report TheStreet.com Clusterstock all 82 news articles

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Canada.com

Saudi Arabia Boosts Oil Supply; OPEC Ministers Doubt Price Drop Bloomberg - 59 minutes ago By Maher Chmaytelli and Ayesha Daya June 23 (Bloomberg) — Saudi Arabia, the world's biggest oil exporter, plans to raise production for a third-straight month in July and make further increases as needed to curb record prices. NYMEX crude falls towards $134 after Jeddah meeting Reuters At Oil Conference, Saudis Offer Slight Rise in Production New York Times guardian.co.uk - International Herald Tribune - MarketWatch - CNNMoney.com all 3,524 news articles

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Reuters

Gas prices climb to record $4.10 Reuters - 3 hours ago By Martinne Geller NEW YORK (Reuters) - Gasoline is costing US drivers a record $4.10 per gallon on average, but pump prices may be at a peak and could start to come down, an industry analyst said on Sunday. US Retail Gasoline Rises to $4.10 a Gallon, Lundberg Says Bloomberg Saudis to increase oil production to alleviate prices KVIA KVOA.com all 15 news articles

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KATU

At Oil Conference, Saudis Offer Slight Rise in Production New York Times - 1 hour ago By ROBERT F. WORTH and JAD MOUAWAD JIDDA, Saudi Arabia - An emergency energy summit meeting convened hastily here on Sunday underscored how few options the world has to push oil prices down from their record levels, as producers and consumers … Oil minister: Saudi willing to boost output International Herald Tribune Saudi Arabia Boosts Oil Supply, May Pump More Later (Update2) Bloomberg CNNMoney.com - TMCnet - The Associated Press - BBC News all 3,361 news articles

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