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$40 million fund to finance medical breakthroughs (Rocky Mountain News)
Colorado moved up the ranks in biomedical research today with the announcement of a $40 million fund to finance investigations into cutting-edge medical breakthroughs.

Geneva finance shares plunge 23pc (Stuff)
Shares in recent market debutant Geneva finance slumped 23 per cent today on the third day after the stricken finance company was listed on the NZAX market.

Finance leasing firms and the inflation lament (Vietnam Net)
VietNamNet Bridge ? Tightened credit policy and high interest rates both have pushed finance leasing firms against the wall.

Kenya hotel probe recommends finance minister go (Khaleej Times)
NAIROBI - A Kenyan government report into the secretive sale of a luxury Nairobi hotel has recommended the finance minister and central bank governor step down to allow a full investigation into the ?fraudulent? transaction.

MCOT English News : Finance minister confident inflation won't hit double digits (MCOT - English News By Thai News Agency)
BANGKOK, July 3 (TNA) ? Finance and Deputy Prime Minister Surapong Suebwonglee on Wednesday again voiced confidence the country's inflation rate would not hit the double-digit level as many fear, as oil prices are unlikely to rise considerably from the current level.

Finance directors discuss how the budgets add up (Statesville Record & Landmark)
The first day of July is like New Year's Day for governing bodies. However, instead of Baby New Year bringing in a fresh start and resolutions, finance departments around Iredell County start following the budget recently approved by their governing boards. On the first day of the 2008-09 fiscal year, the R&L asked the county's and its cities' finance directors if their governing body would ...

EU Finance Ministers Will Back Registration of S&P, Moody's (Bloomberg.com)
July 3 (Bloomberg) -- European Union finance ministers will back a call for stricter oversight of credit-rating companies such as Standard & Poor's and Moody's Investors Service , in a draft statement approved for a meeting next week.

Kenya passes motion of no confidence against finance minister (AFP via Yahoo! News)
The Kenyan parliament on Wednesday passed a motion of no confidence against Finance Minister Amos Kimunya over accusations of corruption in the sale of a luxury hotel.

Kenya PM says no indication finance minister to resign (Times of Malta)
Kenya's Prime Minister Raila Odinga said he had no indication Finance Minister Amos Kimunya was on the verge of resigning despite pressure on him over a controversial hotel sale.

GMAC Commercial Finance divests Poland factoring business to SEB (Banking Business Review)
GMAC Commercial finance has agreed to sell 100% of its shares in GMAC CF Poland to North European financial group Skandinaviska Enskilda Banken. CF Poland is a factoring and promissory note discounting operation based in Warsaw, Poland.

 
 
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