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<title><![CDATA[Yahoo! Finance : Reuters Business News]]></title>
<link>http://uk.biz.yahoo.com/521/index.html</link>
<description><![CDATA[Reuters Business News]]></description>
<language>en</language>
<lastBuildDate>Sat, 11 Oct 2008 23:20:27 GMT</lastBuildDate>
<item>
<title><![CDATA[Chrysler and GM have merger talks]]></title>
<description><![CDATA[Reuters - DETROIT/NEW YORK (Reuters) - Chrysler LLC has had talks with General Motors Corp about a deal to combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to three people familiar with the matter.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/chrysler-gm-merger-talks.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/chrysler-gm-merger-talks.html</guid>
<pubDate>Sat, 11 Oct 2008 23:20:27 GMT</pubDate>
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<item>
<title><![CDATA[Wealth funds and recipients adopt investing principles]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - Government-owned wealth funds and the countries that accept their investments agreed on Saturday to a set of principles aimed at ensuring that both sides play by the rules.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/wealth-funds-recipients-adopt-investing-principles.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/wealth-funds-recipients-adopt-investing-principles.html</guid>
<pubDate>Sat, 11 Oct 2008 23:14:29 GMT</pubDate>
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<item>
<title><![CDATA[IMF must lead efforts to resolve crisis says Dutch minister]]></title>
<description><![CDATA[Reuters - AMSTERDAM (Reuters) - Dutch Finance Minister Wouter Bos said on Saturday the IMF must play a leading role in efforts to resolve the financial crisis as he lamented a lack of global leadership.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/imf-must-lead-efforts-resolve-crisis-says-dutch-minister.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/imf-must-lead-efforts-resolve-crisis-says-dutch-minister.html</guid>
<pubDate>Sat, 11 Oct 2008 23:14:29 GMT</pubDate>
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<title><![CDATA[Finance officials comments at IMF meetings]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - Financial officials from around the world are in Washington this weekend for the International Monetary Fund and World Bank fall meetings.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/finance-officials-comments-imf-meetings.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/finance-officials-comments-imf-meetings.html</guid>
<pubDate>Sat, 11 Oct 2008 22:45:44 GMT</pubDate>
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<title><![CDATA[Finance chiefs endorse G7 action plan]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - Finance leaders from the International Monetary Fund's 185 member countries on Saturday endorsed a plan announced by major economies to chart a course out of the credit crisis.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/finance-chiefs-endorse-g7-action-plan.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/finance-chiefs-endorse-g7-action-plan.html</guid>
<pubDate>Sat, 11 Oct 2008 22:34:37 GMT</pubDate>
</item>
<item>
<title><![CDATA[IMF warns of meltdown]]></title>
<description><![CDATA[Reuters - WASHINGTON/ COLOMBEY-LES-DEUX-EGLISES, France (Reuters) - The IMF warned on Saturday the world's financial system was on the brink of meltdown as France and Germany promised a European crisis response to try to prevent the worst global downturn in decades.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/imf-warns-meltdown.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/imf-warns-meltdown.html</guid>
<pubDate>Sat, 11 Oct 2008 22:32:14 GMT</pubDate>
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<item>
<title><![CDATA[Progress made on Icesave deposits]]></title>
<description><![CDATA[Reuters - REYKJAVIK (Reuters) - Iceland and Britain said on Saturday they made significant progress in talks on frozen funds in collapsed Icelandic banks and agreed in principle on an accelerated payout to retail depositors in Icesave.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/progress-made-icesave-deposits.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/progress-made-icesave-deposits.html</guid>
<pubDate>Sat, 11 Oct 2008 21:59:04 GMT</pubDate>
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<item>
<title><![CDATA[Philip Green in talks to take on Baugur debt]]></title>
<description><![CDATA[Reuters - LONDON (Reuters) - Philip Green, the owner of fashion chain Top Shop and department stores group Bhs, is in talks with officials in Iceland that could lead to him taking control of several more retailers.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/philip-green-talks-baugur-debt.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/philip-green-talks-baugur-debt.html</guid>
<pubDate>Sat, 11 Oct 2008 21:52:57 GMT</pubDate>
</item>
<item>
<title><![CDATA[Chrysler and GM have merger talks-sources]]></title>
<description><![CDATA[Reuters - DETROIT/NEW YORK (Reuters) - Chrysler LLC has had talks with General Motors Corp about a deal to combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to three people familiar with the matter.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/chrysler-gm-merger-talks-sources.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/chrysler-gm-merger-talks-sources.html</guid>
<pubDate>Sat, 11 Oct 2008 21:42:53 GMT</pubDate>
</item>
<item>
<title><![CDATA[Gov could take board seats at banks]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - The government could end up with seats on the boards of major retail banks, a government source said on Saturday.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/gov-board-seats-banks.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/gov-board-seats-banks.html</guid>
<pubDate>Sat, 11 Oct 2008 21:36:14 GMT</pubDate>
</item>
<item>
<title><![CDATA[FACTBOX- Key facts about General Motors and Chrysler]]></title>
<description><![CDATA[Reuters - (Reuters) - General Motors Corp and Chrysler LLC have been in preliminary talks about a potential merger, according to a source briefed on the matter.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/factbox-key-facts-general-motors-chrysler.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/factbox-key-facts-general-motors-chrysler.html</guid>
<pubDate>Sat, 11 Oct 2008 21:21:57 GMT</pubDate>
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<title><![CDATA[QUOTE BOX- GM and Chrysler hold merger talks]]></title>
<description><![CDATA[Reuters - NEW YORK (Reuters) - General Motors has had talks with smaller rival Chrysler LLC about a merger that would combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to a source briefed on the matter.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/quote-box-gm-chrysler-hold-merger-talks.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/quote-box-gm-chrysler-hold-merger-talks.html</guid>
<pubDate>Sat, 11 Oct 2008 21:21:57 GMT</pubDate>
</item>
<item>
<title><![CDATA[GM and Chrysler in merger talks]]></title>
<description><![CDATA[Reuters - DETROIT/NEW YORK (Reuters) - General Motors has had talks with smaller rival Chrysler LLC about a merger that would combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to a source briefed on the matter.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/gm-chrysler-merger-talks.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/gm-chrysler-merger-talks.html</guid>
<pubDate>Sat, 11 Oct 2008 21:21:57 GMT</pubDate>
</item>
<item>
<title><![CDATA[IMF panel endorses G7 action plan]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - The International Monetary Fund's 24-member steering committee on Saturday endorsed a plan announced by major economies to chart a course out of the credit crisis.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/imf-panel-endorses-g7-action-plan.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/imf-panel-endorses-g7-action-plan.html</guid>
<pubDate>Sat, 11 Oct 2008 21:13:37 GMT</pubDate>
</item>
<item>
<title><![CDATA[Italy proposes broadening G7]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - Italy will propose broadening the Group of Seven nations and giving new and different tasks to the International Monetary Fund and World Bank, Italian Economy Minister Giulio Tremonti said on Saturday.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/italy-proposes-broadening-g7.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/italy-proposes-broadening-g7.html</guid>
<pubDate>Sat, 11 Oct 2008 20:37:49 GMT</pubDate>
</item>
<item>
<title><![CDATA[AIG's gallows humour gives bankers a laugh]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - Insurance giant American International Group , on the receiving end of a multi-billion dollar bailout from the U.S. Federal Reserve, was trying hard on Saturday to look on the bright side of life.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/aig-s-gallows-humour-gives-bankers-laugh.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/aig-s-gallows-humour-gives-bankers-laugh.html</guid>
<pubDate>Sat, 11 Oct 2008 20:12:28 GMT</pubDate>
</item>
<item>
<title><![CDATA[FACTBOX- Financial rescue plans from G7 and EU countries]]></title>
<description><![CDATA[Reuters - (Reuters) - The world's richest nations have vowed to prevent vitally important banks from failing and to unfreeze credit markets in a bid to halt panic in financial markets.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/factbox-financial-rescue-plans-g7-eu-countries.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/factbox-financial-rescue-plans-g7-eu-countries.html</guid>
<pubDate>Sat, 11 Oct 2008 19:54:01 GMT</pubDate>
</item>
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<title><![CDATA[GM talked merger with Ford before Chrysler]]></title>
<description><![CDATA[Reuters - DETROIT (Reuters) - General Motors Corp approached Ford Motor Co about a possible merger of the two biggest U.S. car companies before more recent talks with Chrysler, the New York Times reported on Saturday.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/gm-talked-merger-ford-chrysler.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/gm-talked-merger-ford-chrysler.html</guid>
<pubDate>Sat, 11 Oct 2008 19:46:03 GMT</pubDate>
</item>
<item>
<title><![CDATA[Government to give details of banking plan]]></title>
<description><![CDATA[Reuters - LONDON (Reuters) - The government is to give more details about its 400 billion pound banking rescue plan next week, Chancellor Alistair Darling said on Saturday.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/government-give-details-banking-plan.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/government-give-details-banking-plan.html</guid>
<pubDate>Sat, 11 Oct 2008 19:08:07 GMT</pubDate>
</item>
<item>
<title><![CDATA[IMF warns of financial meltdown as Europe seeks unity]]></title>
<description><![CDATA[Reuters - WASHINGTON/COLOMBEY-LES-DEUX-EGLISES, France (Reuters) - The IMF warned on Saturday that the global financial system was on the brink of meltdown, while France and Germany pushed ahead with a pan-European crisis response to try to prevent the worst global downturn in decades.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/imf-warns-financial-meltdown-europe-seeks-unity.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/imf-warns-financial-meltdown-europe-seeks-unity.html</guid>
<pubDate>Sat, 11 Oct 2008 18:26:08 GMT</pubDate>
</item>
<item>
<title><![CDATA[China offers cooperation]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - The global financial crisis is a big test for the macroeconomic policies of developing countries, but China is holding up well and is willing to boost cooperation with other countries, Yi Gang, central bank deputy governor, said on Saturday.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/china-offers-cooperation.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/china-offers-cooperation.html</guid>
<pubDate>Sat, 11 Oct 2008 17:58:28 GMT</pubDate>
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<title><![CDATA[Chrysler says seeking partners, no comment on GM]]></title>
<description><![CDATA[Reuters - DETROIT (Reuters) - Chrysler LLC said on Saturday that it is looking at a number of global partnerships around the world but declined to comment specifically on reports of a possible merger with General Motors Corp .]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/chrysler-says-seeking-partners-comment-gm.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/chrysler-says-seeking-partners-comment-gm.html</guid>
<pubDate>Sat, 11 Oct 2008 17:28:46 GMT</pubDate>
</item>
<item>
<title><![CDATA[Sarkozy and Merkel prepare crisis plan]]></title>
<description><![CDATA[Reuters - COLOMBEY-LES-DEUX-EGLISES, France (Reuters) - French President Nicolas Sarkozy and German Chancellor Angela Merkel paved the way on Saturday for European measures to tackle the global financial crisis but revealed little about their plans.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/sarkozy-merkel-prepare-crisis-plan.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/sarkozy-merkel-prepare-crisis-plan.html</guid>
<pubDate>Sat, 11 Oct 2008 16:50:39 GMT</pubDate>
</item>
<item>
<title><![CDATA[Iceland and Britain agree in principle on Icesave]]></title>
<description><![CDATA[Reuters - REYKJAVIK (Reuters) - Iceland and Britain said on Saturday they had made "significant progress" and agreed in principle on an accelerated payout to retail depositors of failed Landsbanki's Icesave bank.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/iceland-britain-agree-principle-icesave.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/iceland-britain-agree-principle-icesave.html</guid>
<pubDate>Sat, 11 Oct 2008 16:47:00 GMT</pubDate>
</item>
<item>
<title><![CDATA[IMF warns of financial meltdown as crisis rages]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - The International Monetary Fund warned on Saturday that debt-ridden banks were pushing the global financial system to the brink of meltdown and rich nations had so far failed to restore confidence.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/imf-warns-financial-meltdown-crisis-rages.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/imf-warns-financial-meltdown-crisis-rages.html</guid>
<pubDate>Sat, 11 Oct 2008 16:21:40 GMT</pubDate>
</item>
<item>
<title><![CDATA[U.S. warns emerging markets not immune to turmoil]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Saturday that emerging market countries are not immune to the most serious global economic risks in recent memory and must be careful in their policy choices.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/u-s-warns-emerging-markets-immune-turmoil.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/u-s-warns-emerging-markets-immune-turmoil.html</guid>
<pubDate>Sat, 11 Oct 2008 16:02:17 GMT</pubDate>
</item>
<item>
<title><![CDATA[U.S. pleads for patience in crisis repair efforts]]></title>
<description><![CDATA[Reuters - WASHINGTON (Reuters) - The United States appealed for patience on Saturday as world leaders raced to restore financial market confidence and avert the deepest global recession in decades.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/u-s-pleads-patience-crisis-repair-efforts.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/u-s-pleads-patience-crisis-repair-efforts.html</guid>
<pubDate>Sat, 11 Oct 2008 15:23:29 GMT</pubDate>
</item>
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<title><![CDATA[Canada says G7 fretting over "excessive" bank rescues]]></title>
<description><![CDATA[Reuters - LONDON, Ontario (Reuters) - The Group of Seven leading industrialized nations is concerned about what it sees as the excessive measures taken by some countries to rescue troubled banks, Canadian Prime Minister Stephen Harper said on Saturday.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/canada-says-g7-fretting-excessive-bank-rescues.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/canada-says-g7-fretting-excessive-bank-rescues.html</guid>
<pubDate>Sat, 11 Oct 2008 15:21:57 GMT</pubDate>
</item>
<item>
<title><![CDATA[U.S. works on bank plan as IMF warns of further market fall]]></title>
<description><![CDATA[Reuters - WASHINGTON/LONDON (Reuters) - The U.S. government pushed on Saturday to finalise a plan to buy direct stakes in American banks as the International Monetary Fund warned markets could drop another 20 percent in a worst-case scenario.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/u-s-works-bank-plan-imf-warns-further-market-fall.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/u-s-works-bank-plan-imf-warns-further-market-fall.html</guid>
<pubDate>Sat, 11 Oct 2008 15:21:49 GMT</pubDate>
</item>
<item>
<title><![CDATA[Sarkozy says euro zone working on crisis plan]]></title>
<description><![CDATA[Reuters - COLOMBEY-LES-DEUX-EGLISES, France (Reuters) - French President Nicolas Sarkozy said on Saturday the countries in the euro zone were working on a joint solution to the financial crisis but he declined to elaborate on its details.]]></description>
<link>http://uk.biz.yahoo.com/11102008/325/sarkozy-says-euro-zone-working-crisis-plan.html</link>
<guid>http://uk.biz.yahoo.com/11102008/325/sarkozy-says-euro-zone-working-crisis-plan.html</guid>
<pubDate>Sat, 11 Oct 2008 14:04:02 GMT</pubDate>
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