Debt ceiling: Key Republican bolts talks
Posted on June 23, 2011 by
The bipartisan debt ceiling negotiations led by Vice President Joe Biden went on life support Thursday after a key Republican lawmaker pulled out of the talks.
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Coke plans its biggest debt sale at $4 billion
Posted on November 4, 2010 by
Coca-Cola Co announced a $4 billion debt offering on Thursday, the biggest in its history, as the world’s top soft drink maker aims to take advantage of low borrowing rates.
Continue ReadingSpain’s debt costs rise
Posted on May 6, 2010 by
Spain’s borrowing costs rose significantly Thursday in its first debt auction since its credit rating was downgraded last week by Standard & Poor’s amid concerns it might be hit by a Greek-style debt crisis.
Continue ReadingMoody’s: Debt crisis may hurt banks outside Greece
Posted on May 6, 2010 by
The debt crisis enveloping Greece could spread to hurt the banking systems in Portugal, Italy, Spain, Ireland and Britain, a leading credit ratings agency warned Thursday.
Continue ReadingSummary Box: Rates fall on Greek debt concerns
Posted on April 15, 2010 by
GREECE QUESTIONS: Interest rates dropped in the bond market Thursday on renewed concerns that a bailout for Greece might not be enough to prevent the country from defaulting on its debt.
Continue ReadingHilton Reorganizes Its Debt – DealBook Blog – NYTimes.com
Posted on April 9, 2010 by
Hilton Worldwide, the operator of the Hilton hotel chain and a portfolio company of the Blackstone Group, said late on Thursday that it has reorganized its hefty debt load, cutting $4 billion in obligations and pushing back maturities.
Continue ReadingGreek PM warns of debt spiral, hopes to avoid IMF
Posted on March 18, 2010 by
Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, warning it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF.
Continue ReadingGreek govt confronts protests and debt doubts
Posted on March 4, 2010 by
Greek Prime Minister George Papandreou confronted more anti-austerity protests Thursday and tested international support for his battle against debt with a new multi-billion-euro bond.
Continue ReadingGreece Embarks on New Debt Issues – DealBook Blog – NYTimes.com
Posted on March 4, 2010 by
Greece’s debt agency announced Thursday that it would issue 8 billion euros in five-year bonds a day after its government announced new austerity measures worth 4.8 billion euros to battle its rampant deficit.
Continue ReadingUS debt is a national security matter: Clinton
Posted on February 25, 2010 by
Secretary of State Hillary Clinton warned Thursday that the record US budget deficit and national debt are matters of national security rather than just economics.
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