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G7 announces plan of action for finance crisis (AFP via Yahoo! News)
Group of Seven finance chiefs announced Friday a plan of action to fight a global crisis including the use of "all available tools" to support key institutions and prevent their failure.
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GE profit drop as expected, finance unit a drag (Reuters via Yahoo! News)
General Electric Co reported a drop in quarterly profit that matched its recent warning to Wall Street, and the U.S. conglomerate said the global credit crunch and slumping economies would continue to take a toll on its hefty finance arm.
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World finance chiefs grasp for solutions in firestorm (AFP via Yahoo! News)
Global finance chiefs gathered in Washington for crisis talks Friday in search of a solution to a growing financial firestorm as panic spread in global markets.
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Trade finance booms amid global crisis (Washington Post)
GENEVA (Reuters) - Business is booming in the trade finance market as exporters and importers return to a tried and tested form of credit amid the chaos of the financial crisis, bankers in the sector say.
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Digest: Finance unit pulls GE earnings down (Houston Chronicle)
General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. GE reported net income of $4.3 billion, or 43 cents per share. Sales rose 11 percent to $47.23 billion.
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WTO chief calls meeting to discuss crisis impact on trade finance (AFP via Yahoo! News)
The World Trade Organisation chief on Friday invited heads of development and commercial banks to a meeting in Geneva next month to discuss the impact of the economic crisis on trade finance.
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Ford Finance Chief Retiring, to Be Replaced by Booth (Update4) (Bloomberg)
Oct. 10 (Bloomberg) -- Ford Motor Co., grappling with declining U.S. sales, said its finance chief is retiring next month and will be replaced by the top executive in the European division.
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Statement by Secretary Henry M. Paulson, Jr. Following Meeting of the G-7 Finance Ministers and Central Bank Governors (United States Department of the Treasury)
At today's meeting of the G-7 Finance Ministers and Central Bank Governors, we finalized an aggressive action plan to address the turmoil in global financial markets and the stresses on our financial institutions.
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World finance chiefs grasp for solutions in finance firestorm (AFP via Yahoo! News)
In the face of a growing financial firestorm finance chiefs from the Group of Seven nations were due to meet in Washington on Friday in search of a solution.
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Isuzu Finance of America Expands National Finance Offerings (TruckingInfo.com)
10/10/2008 Isuzu Finance of America has launched its finance and lease products to all Isuzu, GMC and Chevrolet W series dealers nationwide. In conjunction with Isuzu Commercial Trucks of America, IFAI will make its programs available to more than 500 franchised dealers throughout the United States.
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