Brazil vows tough reforms after currency devaluation
Brazil permanently floated the real to market rates seeking to rebuild investor confidence as Finance Minister Malan and President Cardoso pressed for rapid fiscal austerity. IMF, Washington talks, and US concerns about regional impact frame the strategy while markets rally on the devaluation.
MENTIONED IN THIS ARTICLE
Brasilia
Brazil
Pedro Malan
Washington
Clinton
International Monetary Fund
Fernando Cardoso
Cardoso
Congress
United States
Latin America
U.S
IMF
Michel Camdessus
Malan
Treasury
Lawrence Summers
Federal Reserve
Alan Greenspan
Parana
Senate
Antonio Carlos Magalhaes
Paulo Guedes
Rio de Janeiro
Pimenta da Veiga
Renault eyes stake in troubled Nissan amid Asia push
Renault says it is talking with potential partners including Nissan as it pursues Asia expansion. Nissan, facing about 22 billion dollars in debt and five losses in six years, has drawn interest from multiple automakers amid market speculation and a post merger auto industry backdrop.
MENTIONED IN THIS ARTICLE
Paris
Asia
Renault
Nissan Motor Co
Nissan
Japan
DaimlerChrysler AG
Ford Motor Co
le Monde
Chrysler Corp
Daimler-Benz AG
U.S
North American currency union debate gains pace
The European union's euro prompts Canada and Mexico to weigh a shared currency. U S officials caution it is a long term idea while Canadian and Mexican leaders show cautious interest. Experts differ on sovereignty and economic stability versus national policy control. Markets closed for Martin Luther King Jr. Day.
MENTIONED IN THIS ARTICLE
Toronto
Canada
Mexico
North America
Washington
U.S. Commerce
William Daley
Daley
European Union
Raymond Chretien
United States
Maude Barlow
Council of Canadians
New York
Los Angeles
Richard Harris
Simon Fraser University
Vancouver
Jean Chretien
Harris
Opening Stocks Early Teems And Active Listings
Early stock prices show heavy trading with numerous symbols and large volumes. The list includes Am As, AMD, Alcatel, ABN Amro, AmExp, Cadence, and Accenture among many others, reflecting broad market activity and price movement.
MENTIONED IN THIS ARTICLE
NEW Ygrik
BSG
AMD
Aeleh
Alcatel
Ewes
Irionine
Stroud
BolSos
Samsapo
Berg
BSI Berase
Intel chips blend hardware with RSA software security
Intel, commanding about 85 percent of the chip market, announced plans to develop processors that combine Intel hardware with leading RSA Data Security software to boost data security amid export control concerns. The disclosure came at a San Jose conference sponsored by RSA Data Security Inc. in California.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Intel Corp
Intel
RSA Data Security Inc
San Mateo
RSA
Local Stocks Early Quotations From Walnut Street Secures
Early stock quotations supplied by Alon Investment Seountes through Walnut Street Secures Inc NASD SIPC AISG Asset Managers and reps of WSS.
MENTIONED IN THIS ARTICLE
Alon Investment
Walnut Steet Secures, Inc
NASD
SIPC
AISG
Asset Manapers
Ant —Repordert
WSS
York International
Want Sweet Securtes Inc
Maniber Nasd
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Europe
London
Hong Kong
Tokyo
Wall Street
Martin Luther King Jr
Sao Paulo
Volkswagen
Audi
Volkswagen AG
Segates
AirTouch
Vondafone
Chris Gent
Sam Ginn
Monetary Union
Denys
Tahoe
Edson
Bete Te Fords Tea
ATSB
Sraditer
Gandiot
Poe
Aes Ag
Naval
BBS Ie Ata
Omega
Domin
RoyOut
Arado Seth
MaduOne
Melih
Tom
NewoNt
Tomasi
Allied Corporation
Altiel
Bob Evans Farms
Cedar Far
Geveland Indians
CVS Cop
Damier Chrysler
Emerson Blecine Englehard
First Energy
FirstMert Bancorp
Ford Motor
General Motors
Bae Geon
BF Goodnch Guest Supply
Amercan Heart Association