Finance News Archive

26-Oct-2005

• 'Dawson proposes changing finance department of school district (Benton Courier)
In his first school board meeting since becoming interim superintendent of the Benton School District, Dr. Fred Dawson recommended a reorganization of the district's Finance department, which he says will save the district about $20,000 annually.
• 'Russian finance minister says stronger ruble, inflation are 'double evil' (Canadian Business)
MOSCOW (AP) - Finance Minister Alexei Kudrin said Wednesday that a strengthening ruble and high inflation threaten to undermine the competitiveness of Russia's economy as the country seeks to join the World Trade Organization.
• '26 October 2005 13:26 Finance minister attacks plans to cut VAT (Gateway to Russia)
Russia"s finance minister Alexei Kudrin thinks it would be a mistake to cut value added tax (VAT) to 13 percent, he said at the round table meeting "The ruble"s exchange rate and economic growth in Russia" on Wednesday.
• 'German firm to finance new Snipes film (UPI)
MUNICH, Germany, Oct. 26 (UPI) -- Germany's Lighthouse Structured Finance announced Wednesday it will put up the money for an action film "The Shooter," starring Wesley Snipes.
• 'Royal Mail loses finance director as liberalisation of post looms (Guardian Unlimited)
Royal Mail's finance director, Marisa Cassoni, is to leave the group at the end of the year - just ahead of full liberalisation of the postal market, the company announced yesterday.
• 'Chase to bring home-finance business to Kentucky (bizjournals.com via Yahoo! Finance)
Chase Home Finance, a unit of JPMorgan Chase & Co., plans to expand its operations and add about 800 new mortgage officers to bank branches and mortgage offices across the country.
• 'Business finance, city and markets news (Interactive Investor)
Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
• 'Finance Committee Passes $10 Billion in Cuts for Medicare, Medicaid (Senior Journal)
Oct. 26, 2005 ? Senior citizens and their advocates most likely breathed a sigh of relief with the passage of a spending cut package by the Senate Finance Committee last night.
• 'Finance minister hopes auditor's report clears Alberta Securities Commission (Canadian Press via Yahoo! News)
EDMONTON (CP) - Finance Minister Shirley McClellan says she is hoping this week's auditor general's report will "clear everything up" regarding allegations of misconduct at the Alberta Securities Commission.
• 'Finance minister upbeat about economic growth (MCOT)
BANGKOK, Oct 27 (TNA) ? Finance Minister Thanong Bidaya on Wednesday expressed confidence the Thai economy would grow more than 4 per cent this year and over 5 per cent next year.