StartUpToFinish

Reuters – The European Union is set to back an International Monetary Fund call for $500 billion to fight the global financial crisis, a document showed on Monday as Japan posted its first current account deficit in 13 years.Read More… [Source: Yahoo! News: Business]

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Reuters – Virgin Group will return to the mortgage market and obtain a license to operate a high street bank, the group’s billionaire founder Richard Branson told the Times newspaper.Read More… [Source: Yahoo! News: Business]

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Reuters – Stock futures signaled Wall Street could hit fresh 12-year lows at the open on Monday as a lack of confidence in steps to shore up ailing banks persists, offsetting news of a $41 billion drug sector takeover.
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Reuters – Merck & Co Inc said on Monday that it would acquire Schering-Plough Corp for $41.1 billion, uniting the makers of cholesterol drugs Zetia and Vytorin in the second megadeal for Big Pharma in weeks.Read More… [Source: Yahoo! News: Business]

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Reuters – With stocks mired in multi-year lows and the fate of General Motors and banks hanging in the balance, investors are unlikely to curb their flight from risk this week, putting Wall Street on track for another brutal sell-off.
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Reuters – American International Group Inc had warned of turmoil around the globe if the government allowed the insurer to fail when it appealed to U.S. regulators for its latest rescue, Bloomberg said citing an AIG presentation dated February 26.
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Reuters – Warren Buffett said on Monday that the U.S. economy had “fallen off a cliff” and eventually would recover, although a rebound could rekindle inflation worse than experienced in the late 1970s.Read More… [Source: Yahoo! News: Business]

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