KLEINMOND, South Africa (Reuters) - Financial market turmoil may last some time, but U.S. Treasury Secretary Henry Paulson told G20 members on Sunday he was confident that the U.S. economy will keep growing.
ABU DHABI (Reuters) - State-owned Abu Dhabi Basic Industries Corp (ADBIC) said it is in final talks with Rio Tinto Ltd/Plc to develop an aluminum smelter in the United Arab Emirates at an initial cost of $5 billion.
NEW YORK (Reuters) - AT&T Inc is trying to put together a bid for EchoStar Communications Corp before the end of the year, whetted by the satellite operator's recent stock dip, according to Barron's financial newspaper.
LONDON (Reuters) - Royal Bank of Scotland Group Plc Chief Executive Fred Goodwin has been informally approached by Citigroup Inc to become its new chief executive, the Sunday Telegraph reported.
AMSTERDAM (Reuters) - Dutch navigation device maker TomTom NV will launch its agreed 30 euro per share takeover offer for digital map maker Tele Atlas NV on Monday, the companies said.
WASHINGTON (Reuters) - Japan's prime minister said on Sunday that he does not see the deepening U.S. housing slump and credit crisis triggering a global recession.
CAPE TOWN, South Africa (Reuters) - China's central bank chief said on Sunday it could consider a wider trading band for the yuan currency after finance chiefs from the Group of 20 economic powers renewed calls for greater currency flexibility.
RIYADH (Reuters) - OPEC states agreed their finance ministers would meet before December 5 to discuss the sliding dollar's impact on their economies after Iran and Venezuela recommended pricing oil against a currency basket.
LONDON (Reuters) - Stricken British bank Northern Rock could have its 25 billion pound ($51 billion) Bank of England lifeline extended indefinitely, The Sunday Telegraph has reported.
LONDON (Reuters) - British publishing group Daily Mail and General Trust is set to announce internal candidate Martin Morgan as its new chief executive, The Sunday Times reported.
