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Finance Leaders Tackle Terror Financing
By Lesley Wroughton WASHINGTON (Reuters) - World finance ministers gathered under heavy guard on Sunday to discuss efforts to fight terror financing while warning the world must stay focused on the economic recovery and fight against poverty. Security has never been tighter at the International Monetary Fund and World Bank meetings, whe... : Finance Leaders Tackle Terror FinancingGreenspan: U.S. Must Get Finances in Order
WASHINGTON (Reuters) - Federal Reserve Chairman Alan Greenspan said on Wednesday the U.S. economy entered 2005 in good shape but warned fiscal discipline was essential to meet future challenges. "All told, the economy seems to have entered 2005 expanding at a reasonably good pace, with inflation and inflation expectations well-anchored," Greenspan said remarks prepared for delivery to the Senate Banking Committee. He gave no direct hint on the direction of ... : Greenspan: U.S. Must Get Finances in OrderAmerican Express to Spin Off Finance Unit
By Joseph A. Giannone NEW YORK (Reuters) - American Express Co., the global credit card and travel services company, said on Tuesday it will spin off its less-profitable personal finance unit, boosting earnings prospects and its stock to the highest level in more than four years. American Express shares soared as much as 8.7 percent, their biggest one-day surge in more than two years. Financial details of the spinoff to shareholders were not disclosed. However, the co... : American Express to Spin Off Finance UnitDollar Sags to Record Low Vs Euro
By Katie Hunt LONDON (Reuters) - The dollar hit a record low against the euro and fell to a 7-1/2 month low against the yen on Thursday as expectations mounted that the world's economic powers will do little to halt the greenback's decline. Analysts expect little action from a meeting of Group of 20 finance officials which will start in Berlin on Friday, particularly after ... : Dollar Sags to Record Low Vs EuroCitigroup Profit Up 3 Pct; Buyback Set
NEW YORK (Reuters) - Citigroup Inc. (C.N: Quote , Profile , Research ) on Friday reported a 3 percent rise in first-quarter profit, driven by growth in retail banking and credit cards, and authorized the buyback of up to an additional $15 billion of common stock. Citigroup, the world's largest financial services company, said ne... : Citigroup Profit Up 3 Pct; Buyback SetSource: vehicles information
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