Reuters - European steel maker Arcelor
bowed to an improved 25.8 billion euro ($32.46
billion) takeover bid from Mittal Steel on Sunday to
create a world steel giant three times larger than its nearest
rival.
Reuters - The Federal Reserve is expected to
lift interest rates again this week to 5.25 percent in its
seventeenth straight quarter percentage point hike and signal
that further increases may be needed to keep inflation at bay.
Reuters - Billionaire investor and Berkshire
Hathaway Chief Executive Warren Buffett is donating about $30
billion in stock to a charitable foundation started by
Microsoft Corp. co-founder Bill Gates, the firm said on Sunday.
Central bankers vigilant as global growth strong
(Reuters) Reuters - Interest rate hikes should
help put the world economy on a sustainable growth path as
inflationary expectations intensify, the head of the
International Monetary Fund said on Sunday.
