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Foreign ministers to meet Arab League chief ahead of urgent session - MENA

CAIRO, Nov 18 The foreign ministers of Egypt, Saudi Arabia, the United Arab Emirates and Bahrain will meet Arab League Secretary General Ahmed Aboul Gheit in Cairo on Sunday prior to an urgent session of the organisation, Egypt's MENA state news agency said on Saturday.

Energy, 8:15am EST

Allianz well-shielded against takeover attempts -Boersen-Zeitung

FRANKFURT, Nov 18 Allianz, the world's fourth-largest insurer by market value, is well-protected against potential takeover attempts, its chief financial officer told a German paper.

7:22am EST

Moody's withdraws RCom's credit rating after missed payment

MUMBAI, Nov 18 Rating agency Moody's said on Friday it has withdrawn its credit rating on Reliance Communications, as it considers the Indian telecom operator to be in default for missing an interest payment on its bonds that was due last week.

China to transfer state assets to pension fund in bid to boost shortfall

BEIJING, Nov 18 China will begin a pilot programme this year to transfer shares in state-owned firms to social security funds in an effort to make up for shortfalls in the nation's pension scheme, according to a notice published by the cabinet on Saturday.

12:32am EST

CORRECTED-Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy

NEW YORK, Nov 17 U.S. sneaker seller Shiekh Shoes LLC is searching for financing to avoid bankruptcy, its owner Shiekh Ellahi said on Friday, as increasing online competition has caused major upheaval for brick-and-mortar retail chains.

Financials
Berkshire Hathaway Inc $271,410.00 -0.47%
JPMorgan Chase & Co $98.14 -0.34%
Bank of America Corp $26.62 -0.52%

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