- Citigroup's Return to Saudi Arabia May Need More Than Help From Alwaleed Citigroup Inc. is aiming to open for business in Saudi Arabia six years after selling its stake in a bank there. Returning might not be as easy as departing.
- Self-Evaluations Seen as New Source of Concern After Goldman Sachs Hearing Wall Street employers, long concerned that their staff’s e-mails may be used against them, now have another thing to worry about: the self-evaluations employees fill out.
- Credit Agricole, Societe Generale Face Greek Risks as Debt Crisis Deepens Credit Agricole SA and Societe Generale SA may be among European banks with the most at risk from the Greek crisis because of unprofitable units in the country.
- Wind Projects May Stall on U.K. Grid-Connection Rules, E.ON, Centrica Say A U.K. plan to install more than 8,000 offshore wind turbines by 2020 may be delayed by a government plan to contract out work to connect the wind-farms to the grid, according to Centrica Plc and E.ON AG.
- Stadiums Beat Stocks After Public Colleges Bet Football Is Recession-Proof The University of Texas is profiting from a decision to renovate its football stadium four years ago instead of investing in securities.
- Philadelphia Inquirer Lenders Win Bankruptcy Auction With $139 Million Bid Lenders to Philadelphia Newspapers LLC, the bankrupt owner of the Philadelphia Inquirer, won an auction for control of the publisher against a group led by billionaire Ronald Perelman after almost 30 hours of wrangling.
- Barofsky's Probe Into N.Y. Fed's Alleged AIG Coverup May Lead to Charges Neil Barofsky was unpacking boxes in December 2008 when the stench of sewage wafted through the hallways at the 168-year-old Main Treasury Building. The space assigned to him as head of the Office of the Special Inspector General for the Troubled Asset Relief Program, or SIGTARP, was shoehorned into the basement, three floors below U.S. Treasury Secretary Henry Paulson’s offices.
- How Mine-Safety Law Following 2006 Deaths Led to `Broken' U.S. Enforcement A West Virginia mining disaster claims lives. Congress pledges to pass legislation to crack down on mine operators.
- EDF's Proglio Takes Mestrallet Water Fight Nuclear as French Sell Reactor Henri Proglio and Gerard Mestrallet, the Frenchmen who run the world’s biggest utilities, fought for a decade to win water contracts around the world. Now, the rivalry goes nuclear.
- Yuan's Gain Against Dollar May Be Delayed as Greek Crisis Drives Down Euro The yuan’s climb to a one-year high against the euro will erode China’s competitiveness in its largest export market and delay an end to its currency’s peg against the dollar, said UniCredit SpA and Societe Generale SA.
- Georgia Plans $280 Million Sewer-Loan Sale to Preserve 6,000 Teacher Jobs Governor Sonny Perdue of Georgia, where state revenue has declined for three years in a row, is counting on getting as much as $288 million by selling loans made to cities and counties for water and sewer projects.
- `Pac-Man' Forecasts Victory in Philippine Election Before Mayweather Fight Manny Pacquiao, the boxing champion vying to become a Philippine congressman, said he’s confident of winning his first election victory after switching his candidacy to one of the nation’s poorest provinces.
Bloomberg Daily News 28th April 2010
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