Finance News Archive

29-Aug-2005

• 'NZ Pacific Retail Nears Finance Unit Sale;Chmn, CEO Leave (Dow Jones via Yahoo! Australia & NZ Finance)
DJ NZ Pacific Retail Nears Finance Unit Sale;Chmn, CEO Leave WELLINGTON (Dow Jones)--Pacific Retail Group Ltd. ((NZX: PRG.nz) ) said Tuesday it has chosen a preferred bidder for its Finance business and the party is now in the stage of its due diligence review. The New Zealand-based Finance and retail investment company said in a statement that details of the bidder or the offer price cannot yet
• '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.
• 'NZ Pacific Retail Nears Finance Unit Sale;Chmn, CEO Leave (Dow Jones via Yahoo! Asia News)
WELLINGTON (Dow Jones)--Pacific Retail Group Ltd. (PRG.NZ) said Tuesday it has chosen a preferred bidder for its finance business and the party is now in the stage of its due diligence review.
• 'USDA?s National Finance Center shuts down in face of Katrina (Government Computer News)
The Agriculture Department?s National Finance Center completed its payroll processing for 500,000 federal employees Sunday just hours before shutting down operations and fleeing New Orleans as Hurricane Katrina crept closer. Today is payday for those federal workers, an Agriculture spokesman said.
• 'Indian finance minister calls for more farm loans (International Herald Tribune)
India's finance minister, P. Chidambaram, said the Indian economy would expand 7 percent in the year ending March 31, and he urged commercial banks to lend more to companies and agriculture.
• 'FEC asks appeals court to reconsider campaign finance decision (CNN.com)
WASHINGTON (AP) -- The Federal Election Commission on Monday asked an appeals court to reconsider a decision ordering the FEC to write tougher rules to carry out a 2002 campaign finance law.
• 'France to Help Finance Fight on Poverty (AP via Yahoo! News)
France plans to put a tax on airline tickets next year to help finance the global struggle against poverty and diseases that are ravaging the developing world, including AIDS, President Jacques Chirac announced Monday.
• 'Geo Fusion finalises finance scheme for Indon projects (The Star Online)
GEO Fusion Sdn Bhd is considering rupiah and ringgit-denominated bonds to finance its US$750mil (about RM2.85bil) worth of infrastructure projects in West Java, Indonesia.
• 'Finance Ministry issues clarificatory circular on FBT (The Hindu)
The Finance Ministry late on Monday evening came up with a clarificatory circular explaining the provisions of the fringe benfit tax (FBT) that was introduced in this year's budget.
• 'FEC Asks Court to Rethink Campaign Finance (AP via Yahoo! News)
The Federal Election Commission on Monday asked a full appeals court to reconsider a decision by a smaller appellate panel that had ordered the FEC to write tougher rules to carry out a 2002 campaign Finance law.