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BCE buyers finalize funding (Reuters) -

A sign is seen outside the offices of BCE Inc., Canada's largest telecoms group, in Montreal, May 21, 2008. (Shaun Best/Reuters) Reuters - The buyers of telecoms company BCE Inc are sticking to the agreed C$34.8-billion ($34.1 billion) purchase price and have finalized the funding for the deal to go ahead, the company said on Friday.

Tax credit to save UBS from hefty loss (Reuters) -

The logo of Swiss bank UBS AG is pictured at one of its buildings in Lucerne April 4, 2008. (Michael Buholzer/Reuters) Reuters - Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed though short-lived boost to its share price.

World stocks slip again (Reuters) -

A trader gestures in front of an electronic display board inside the Philippine stock exchange in the Makati financial district of Manila July 3, 2008. (John Javellana/Reuters) Reuters - World stocks slipped back towards this week's five-month low on Friday as steadying oil prices failed to erase concerns about slowing economic growth and rising inflation, and as banking stocks came under renewed pressure.

European banks need to raise up to $141 billion: Goldman (Reuters) -

A woman walks past a Postbank branch in Frankfurt in a file photo. Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros, or withhold one year of dividends, to reach an aggregate Tier I ratio of 9 percent -- a level achieved by European banks that have recapitalized recently. (Alex Grimm/Reuters) Reuters - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros ($94 to $141 billion), or withhold one year of dividends, to reach an aggregate Tier I ratio of 9 percent -- a level achieved by European banks that have recapitalized recently.

Kimmitt confident in economic fundamentals (Reuters) -

Robert M. Kimmitt, Deputy Secretary ofthe U.S. Department of Treasury, speaks during a conference on Sovereign Wealth Funds at the Asia Society in New York, April 14, 2008. (Shannon Stapleton/Reuters) Reuters - Deputy U.S. Treasury Secretary Robert Kimmitt said on Friday he was confident about the United States' economic fundamentals in the long term despite a current rough patch and was quite optimistic about the future.

Kimmitt confident in economic fundamentals (Reuters) -

Energy shares, tame jobs data lift Dow (Reuters) -

Traders can be seen on the floor of the crude oil futures pit of the New York Mercantile Exchange in New York, June 30, 2008. (Lucas Jackson/Reuters) Reuters - NEW YORK (Reuters) -The Dow rose on Thursday, a day after the blue-chip average entered a bear market, on relief payrolls data was not as weak as some had feared and with another record oil price boosting energy shares.

Economy - Thursday (Investor's Business Daily) - Investor's Business Daily - The benchmark 30-year fixed home loan rate fell 10 basis points to 6.35%, ending a 5-week uptrend to a 9-month peak, mortgage finance giant Freddie Mac said. Weaker economic data made a Fed rate hike less likely, pushing Treasury yields and mortgage rates lower. The 15-year fixed-rate mortgage slid 12 ticks to 5.92%. The 1-year ARM fell 10 basis points to 5.17%.

Australia's Origin Energy rejects BG's $13B bid (AP) - AP - Origin Energy Ltd., Australia's second largest power retailer, rejected a $13 billion takeover bid Friday from British natural gas producer BG Group.

Wall Street: The bear is back - Stocks slumped Wednesday, with the Dow and Nasdaq ending in bear market territory on record oil prices, a 15% slump in GM stock and worries ahead of the June jobs report and ECB interest-rate decision, both due Thursday.

Oil climbs to new record above $144 - Oil prices rose to a new record Wednesday as traders mostly looked past a mixed inventory report to focus on continued geopolitical instability, currency issues and a looming jobs report.

Banks brace for tough second half - By most measures, the first half of 2008 was downright dreadful for most banks and securities firms.

Dollar mixed ahead of ECB, jobs report - The dollar was mixed against major currencies Wednesday as investors await the European Central Bank's decision on interest rates and the latest unemployment numbers from the U.S. Department of Labor.

Speculation not to blame for oil - report - An influential oil-policy group released a report Tuesday arguing that the increase in oil-market speculation is not driving up crude prices. But the study far from ends the debate.

Bonds rise on drop in private-sector jobs - Bond prices settled higher Wednesday, lowering corresponding yields, after a report revealed a larger-then-expected decline in private employment during June.

Wall Street pessimists cash in - Golf claps for the stock market Scrooges. As a dicey first half ends, the investors who fared the best were the ones who bet on the worst.

Japan's Nikkei falls for 10th session -

Europe may push the Fed to raise rates - The fireworks may come a day early for the financial markets if the European Central Bank, as expected, raises interest rates on Thursday.

Dollar continues its slide - The dollar declined Tuesday as stronger-than-expected economic reports from Japan and Germany strengthened overseas currencies, amid further concerns about write-offs in the financial sector in the United States.

Treasury prices slip slightly - Read full story for latest details.

Bear market freak out - Question: I have a pretty vanilla investment portfolio and an advisor who tells me to stay the course every time I call him while freaking out about the market. This money is my nest egg. I invest conservatively with mutual funds not individual stocks/ bonds. In other words, should I stay the course or freak out and sell?

How online videos can make you rich - More and more data go speeding along the information superhighway every day. Only trouble is, the roads in the U.S. are too narrow, and they're getting clogged. Unless carrying capacity increases rapidly, Internet users will experience more and more traffic jams in the form of slower service.

Hard times for the smart money - It has been a tough first year for the Blackstone Group since its initial public offering. But other newly public alternative asset managers have also struggled.