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JJB Sports has been hit by news that a credit insurer has refused to cover its suppliers against the risk that the retailer is unable to pay them. The news sent shares in JJB down by 25% on Monday. It comes a week after JJB...
Cabinet minister Eveline Widmer-Schlumpf said capital and liquidity were key (Keystone) The Swiss government says it will act to help stabilise the country's financial system in the wake of the global financial crisis. Acting...
Amid ebbing public confidence in banks, the head of the FDIC promises there will be no cost to taxpayers if the agency needs to borrow from Treasury to cover the new increase in the federal deposit insurance limit to $250,000.
