- CIT rescue deal; mixed U.S. recovery signs
- CIT board approves $3 bln deal with bondholders -sources
- U.S. recession easing but not yet ended -survey
- German economy likely contracted in Q2 -Bundesbank
- U.S blue chips jump 104 pts; dollar, yen weaker
Reuters 21 July 2009
- The total exposure of the US government to the financial crisis could hit $23.7 trillion (£14.3tn), according to a watchdog report.
- China's largest housing company is seeking to raise as much as 50.2bn yuan ($7.3bn; £4.5bn) in the world's biggest share issue so far this year.
- General Motors has received three final bids for its struggling Opel business, which includes Vauxhall in the UK.
BBC Business News 21 July 2009
Warm and sunny again here in Malta , England beat Australia by 115 runs in the second Ashes test at Lords to lead the series 1-0.
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