Wave of big mergers keeps going and going

Article Abstract:

The spurt in merger activity in the United States, which began in 2004, continued this year too, with several big acquisitions. Procter & Gamble bought Gillette for $57.5 billion, US telephone company SBC will be acquiring AT&T for $15 billion stocks and $1 billion special dividend, and MetLife will be purchasing Citigroup's Travelers Life & Annuity unit for $11.5 billion in cash and stock. An overview of other takeovers is presented.

Asia, Analysis, Acquisitions and mergers, America

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Rising Euro begins to inflict pain

Article Abstract:

Rising concern about the damage caused to the European export competitiveness by the rise in stronger currency like euro is discussed. The pain inflicted by euro's appreciation is offsetted by the improving global growth.

Foreign trade, Reports, International trade, Euro (Currency), Euro currency transition, Revaluation (Currency)

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The world's safest banks 2004

Article Abstract:

A list of the world's safest banks in 2004 is presented from the survey of Global Finance. A French bank tops the list followed by Germany's Landesbank Baden-Wuertttemberg.

International aspects, Rankings, 2004 AD

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