Betting On Money

March 26, 2008

Diversion of food products to biofuels is foolish: Indian finance chief (Straits Times)

Filed under: Uncategorized — superdiv @ 11:35 am

Diversion of food products to biofuels is foolish: Indian finance chief (Straits Times)
INDIAN Finance Minister P. Chidambaram on Wednesday criticised countries like the United States for diverting farm products to produce biofuels, saying this has led to soaring global food prices.

Group Sues Migden Over Campaign Finance Violations (CBS 5 Bay Area)
California’s political watchdog agency has filed a $9 million lawsuit against state Senator Carole Migden, accusing the San Francisco Democrat of consistent and deliberate violations of the state’s campaign finance laws.

China state investment arm transfers 3 bln BoCom shares to Finance Ministry (People’s Daily)
China’s State Council, or the cabinet, approved on Wednesday a voluntary transfer by Central Huijin Investment Co. of 3 billion Hong Kong-listed shares in the Bank of Communications (BoCom) to the Ministry of Finance. The move was i …

Kailash Auto Finance Swings To Profit In Q3 (Nasdaq)
(RTTNews) - Wednesday, Kailash Auto Finance said that the company posted a net profit of Rs.69.40 lakhs in the third quarter ended December 31, 2007 compared to net profit of Rs.14.80 lakhs in the corresponding quarter of last year.

PETRONAS DOES NOT FINANCE INFRASTRUCTURE PROJECTS (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, March 26 (Bernama) — The national oil corporation, Petronas does not finance infrastructure projects, its vice president for corporate planning and development division, Datuk Nasarudin Md Idris said today.

Clal Finance mulls purchase of Epsilon (Globes Online)
IDB unit Clal Finance would buy the firm from IDB unit Koor.

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