UK finance minister caught up in expenses scandal (Reuters via Yahoo! News)
British finance minister Alistair Darling apologized on Monday and agreed to repay 350 pounds ($574) after he became the latest minister to be dragged into a scandal over expenses claimed by members of parliament.
Abu Dhabi State Wealth Funds May Finance Gazprom Acquisitions (Bloomberg)
June 1 (Bloomberg) -- Abu Dhabi , the oil-rich emirate with one of the world’s biggest sovereign wealth funds, is in talks on helping to finance acquisitions by OAO Gazprom , the U.A.E. ambassador to Russia said.
Senate Finance Committee backs Real ID Act bill (Las Vegas Review-Journal)
CARSON CITY — Despite objections from the ACLU and other groups, the Senate Finance Committee quickly backed a bill today that would require the DMV starting in 2010 to begin issuing drivers’ licenses that comply with the federal Real ID Act.
NBAD Appoints Jeff Fallon as Head of Trade Finance for Europe (Bloomberg)
June 1 (Bloomberg) -- National Bank of Abu Dhabi PJSC, the United Arab Emirates’ second-biggest bank by assets, appointed Jeff Fallon as head of trade finance for Europe.
Liberia: Finance Dismisses Disbursing Officer (AllAfrica.com)
In its fight against corruption, the Finance Ministry has with immediate effect, dismissed Mrs. Julia Russel-Poboe, a Disbursing Officer in the Expenditure Department.
Finance Minister meets industry leaders (NDTV)
Finance Minister Pranab Mukherjee met industry leaders on Monday with their wish list for the budget.
M Govinda Rao: Tightrope walk for the finance minister (Business Standard India)
M Govinda Rao hopes that the Budget will contain the deficit while continuing to create conditions for pushing growth. The finance minister faces a formidable challenge of providing additional fiscal stimulus while containing the fiscal deficit.
Spice Finance, 3 Degrees Launch Special Opportunities Fund (Nasdaq)
MUMBAI -(Dow Jones)- Spice Finance, a unit of India's B. K. Modi Group, said Monday it has formed a joint venture with Singapore's 3 Degrees Asset Management Pte Ltd. to launch a $100 million distressed-assets and special-situations fund.
Early Glance: Finance companies (INO News)
(AP:NEW YORK) Shares of some top finance companies are up at 10 a.m.: Bank of America rose $.43 or 3.8 percent, to $11.70. CIT Group rose $.05 or 1.3 percent, to $3.88.
L&T Finance sells 1.5 bln rupees of commercial paper (Reuters via Yahoo! Asia News)
MUMBAI, June 1 (Reuters) - L&T Finance, a wholly owned unit of Indian engineering comglomerate Larsen & Toubro , on Monday raised 1.5 billion rupees through the sale of short-term debt, according to Thomson Reuters data.
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