Citigroup News

Citigroup Inc, the largest US financial-services firm, has been hired to help manage a planned US$500 million initial public offering by China's biggest airfreight company, bankers involved in the sale said.2.7

Taiwan's central bank will probably raise its benchmark interest rate for a fifth successive quarter tomorrow to keep inflation in check as higher oil costs force pump prices higher and storm damage limits food ...2.7

The flap didn't start with Richard Grasso, Philip Purcell or Sandy Weill. But elements of all three men's cases have proved valuable in getting boards to consider whether executive pay is over the top.2.7

Online auction giant eBay Inc plans to buy Internet phone service provider Skype Technologies SA for at least US$2.6 billion, the companies announced yesetrday.2.7

Waco International Ltd., the South African construction-equipment company that announced plans for ... and Ethos Private Equity Ltd., asked UBS AG to look for a buyer, the people said.2.9

Citigroup Inc. and HSBC Holdings Plc were among 14 lenders to sign a $1 billion Islamic loan with Dolphin Energy Ltd.2.9

ADORNING a conference room wall on the third floor of Citigroup's Manhattan headquarters is an enormous wooden plaque.4

At least part of Legg Mason Inc.'s deal with Citigroup Inc. to swap parts of their businesses, which both firms hope to seal by the end of the year, could be held up by a regulatory ruling and a few unhappy ...2.7

Citigroup Inc. and Deutsche Bank AG were among banks hired to sell a $2.3 billion stake in Hynix Semiconductor Inc., the world's second-largest maker of memory chips, a creditor said.2.7

The commemoration of the International Year of Micro-credit 2005, declared by the United Nations, has gotten a boost from the Citigroup Foundation and the United Nations Capital development Fund with the ...2.7

Endesa SA, Spain's largest power company, hired four investment banks to thwart Gas Natural SDG SA's 22.4 billion-euro bid, the largest hostile takeover of a utility, people familiar with the matter said.2.7

Hurricane Katrina strengthened Saturday and set a course directly for major oil and gas production fields in the Gulf of Mexico and New Orleans.2.7

If you're like me, you probably have some money invested in a few mutual funds. And odds are, you probably have little idea exactly what your fund managers are doing with your money.2.7

Fidelity Investments, the biggest mutual fund manager and a long-time critic of the New York Stock Exchange, will form an electronic equities market with the Boston Stock Exchange.5.8

Citigroup has named Ajay Banga, president of retail banking North America, co-head of the global consumer group as part of its senior management realignment to reinforce customer focus.2.9

U.S. stocks closed lower Tuesday, after an indecisive session during which investors assessed a larger than expected drop in monthly existing-home sales, mercurial energy prices and more management turmoil at ...4

For those who equate India's strength in computer software with its vast army of cheap engineers, Oracle Corp.'s decision this month to buy a controlling stake in I-Flex Solutions Ltd.2.7

Without ever making a visit to Texas, Cuban native Jorge Bermudez decided more than 30 years ago to study at Texas A&M; University.2.7

Citigroup Inc. has bought a 10.5 percent stake in the La Curacao chain of department stores, which caters to Latinos in Los Angeles and Orange counties.2.7

The National Association of Securities Dealers said Wednesday that it's investigating brokers' sales of hedge funds to individual investors.2.7

Operation HOPE, Inc. , Citigroup and the Citigroup Foundation encouraged nearly 150 boys and girls ... Boys & Girls Clubs of America had its beginnings in 1860 with several women in Hartford, Connecticut.2.7

Crude oil rose Thursday, touching a record $66 a barrel in New York, after the International Energy Agency reduced its estimate of output by Russia and other non-OPEC producers.2.7

Largest Private Cos. People World's Richest People 100 Top Celebrities 400 Richest Americans Best Paid CEOs Places Best Places Personal Finance Estate Planning Funds Philanthropy Retirement Strategies Taxes ...2.7

NEW YORK - Investors who lost money in the collapse of Enron Corp. filed a petition Friday asking the judge overseeing bankruptcy proceedings to rule on whether Merrill Lynch & Co.4.4

New York City lost an important philanthropist Thursday morning in an apparent suicide .3.4

ROME-Prosecutors in Milan asked a judge Friday to issue indictments against five global banks and securities companies for securities law violations in connection with the collapse of Italian dairy company ...2.7

Arthur Zankel, the financier who gave $10 million for the Carnegie Hall recital space that bears his name, plunged to his death from his ninth floor apartment in an apparent suicide, police said Friday.

Montgomery County Executive Douglas Duncan and Planning Board Chairman Derick Berlage made their joint announcement of stricter enforcement late in the afternoon.2.9

Mattel Inc., the maker of Barbie dolls and Hot Wheels cars, on Monday reported a loss for the second quarter due to a large tax expense related to the repatriation of foreign profits.2

The first criminal case was filed against Saddam Hussein and insurgents continued their reign of terror, killing at least a dozen Iraqis in scattered ambushes.2.7

Citigroup, the world's biggest financial services firm, said its second-quarter profit more than quadrupled from a year ago to 5.07 billion dollars, but still came up short of Wall Street forecasts.3.2

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