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  • UK banks set to unveil bailout plans: source (Reuters)

    Pedestrians walk past a Barclays bank logo in central London, October 7, 2008. (Stephen Hird/Reuters)Reuters - Major British banks are likely to announce their plans to recapitalize early on Monday, a person familiar with the matter said, a move which could see the government take multi-billion pound stakes in several lenders.



  • U.S. Team Wins Ryder Cup
    European teams had won five of the last six Ryder Cups by OfficialWire NewsDesk LOUSVILLE, KY (OfficialWire) 09/21/08 A victory by Jim Furyk Sunday clinched a United States win over Europe in the 2008 Ryder Cup.Furyk's 2 and 1 decision over Miguel Angel
  • Guatemala plays Trinidad and Tobago to goal-less draw
    Guatemala played Trinidad and Tobago to a goal-less draw in a North American qualifying match for World Cup 2010 in South Africa, leaving both teams deadlocked in points with two matches remaining. The draw ensured the unbeaten United States, which
  • Scramble to save banks as IMF warns of meltdown (Reuters)

    Egypt's Finance Minister and International Monetary and Financial Committee (IMFC) Chairman Youssef Bourtos-Ghali (2nd R), International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (C), IMF's First Deputy Managing Director John Lipsky (2nd L) and IMF Secretary Shailendra Anjaria (R) attend the meeting of the IMFC at IMF Headquarters in Washington October 11, 2008. (Stephen Jaffe/IMF/Handout/Reuters)Reuters - Rich nations rushed to shore up the global financial system after the International Monetary Fund warned of meltdown, with Australia and New Zealand guaranteeing bank deposits and newspapers reporting plans for Britain's biggest retail bank rescue.



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