2008-11-02 14:19:05 German stimulus to safeguard almost 1 million jobs

BERLIN, Nov 2 (Reuters) - The German government aims to safeguard almost a million jobs with its planned stimulus package, Economy Minister Michael Glos said, seeking to assuage household concerns about the outlook for Europe's largest economy.

2008-11-02 14:18:23 TOPWRAP 5-UK's Brown seeks IMF cash from Saudis

By Matt Falloon

RIYADH, Nov 2 (Reuters) - British Prime Minister Gordon Brown said on Sunday he expected Saudi Arabia to help finance the International Monetary Fund, part of moves to ensure the lender can bail out economies hit by a global financial crisis.

2008-11-02 13:59:50 Sabadell says Spain bad loans to rise near 9 pct

MADRID, Nov 2 (Reuters) - Bad debt levels in Spain will rise close to 9 percent of banks' loan books, Sabadell Chief Executive Jaime Guardiola said on Sunday, before adding that the Barcelona bank was alert to takeover opportunities.

2008-11-02 12:53:28 TOPWRAP 4-Brown seeks IMF cash from Saudis, other Gulf states

By Matt Falloon

RIYADH, Nov 2 (Reuters) - British Prime Minister Gordon Brown said on Sunday he expected Saudi Arabia to help finance the International Monetary Fund, part of moves to ensure the lender can bail out economies hit by a global financial crisis.

2008-11-02 12:46:42 Bangladesh c.bank takes reverse repos at 6.5 pct

DHAKA, Nov 2 (Reuters) - Bangladesh's central bank said it drained 1.63 billion taka ($23.7 million) from the banking system on Sunday through reverse repo operations, at a 6.50 percent interest rate.

2008-11-02 12:45:58 Egypt pound median o/n rate up slightly to 11.9 pct

CAIRO, Nov 2 (Reuters) - The median overnight interbank rate on the Egyptian pound rose slightly to 11.9 percent on Sunday from 11.858 percent on Thursday, with ample liquidity and low demand muting activity, bankers said.

2008-11-02 12:25:46 Ireland will recapitalise banks, HBOS banker says

By Andras Gergely

DUBLIN, Nov 2 (Reuters) - Ireland will need to recapitalise its banks in the "next number of months" because exposure to the falling property market will otherwise undermine their capital bases, a senior HBOS banker in Ireland said on Sunday.

2008-11-02 11:56:30 German employers group warns IG Metall over strike

BERLIN, Nov 2 (Reuters) - Germany's engineering sector employers' group warned industrial trade union IG Metall that it risked hurting workers' interests by organising strikes to press wage demands.

2008-11-02 11:53:19 Greece's National has time to decide on rescue plan-CEO

ATHENS, Nov 2 (Reuters) - Greece's largest lender National Bank has not decided yet whether it will take part in the government's 28 billion euro ($35.78 billion) rescue plan, its chief executive said in a newspaper interview published on Sunday.

2008-11-02 11:31:41 Bangladesh forex reserves fall in October

DHAKA, Nov 2 (Reuters) - Bangladesh's foreign exchange reserves fell to $5.55 billion at the end of October from $5.86 billion in September, the central bank said on Sunday.

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