Wed 7 Jan 2009 | 9:56 EST

Today on Reuters 

Labourers clean the Satyam building in the southern Indian city of Hyderabad December 30, 2008.  REUTERS/Krishnendu Halder

Satyam scandal could be India's Enron 9:40am ET

India's biggest corporate scandal in memory threatens future foreign investment flows into Asia's third-largest economy and casts a cloud over growth in its once-booming outsourcing sector.  Full Article 

Labourers clean the Satyam building in the southern Indian city of Hyderabad December 30, 2008.  REUTERS/Krishnendu Halder

Satyam scandal could be India's Enron 9:40am ET

India's biggest corporate scandal in memory threatens future foreign investment flows into Asia's third-largest economy and casts a cloud over growth in its once-booming outsourcing sector.  Full Article 

A Palestinian holds his grandson at a U.N. school after they fled their house during Israel's offensive in Gaza Januaas sry 7, 2009. REUTERS/Suhaib Salem

France says Israel accepts truce plan 8:29am ET

French President Nicolas Sarkozy said Israel and the Palestinian Authority have accepted an Egypt-brokered truce plan for Gaza.  Full Article 

Deborah Cohen
Big fish move to smaller ponds

Some smaller banks are getting a crack at top talent as the credit crisis ravages bigger institutions, resulting in one of the biggest pools of qualified labor in financial services history.   Full Article 

James Saft
UK banks suffer from Darwinism

Britain's banks are fulfilling their Darwinian role, to survive, rather than their economic one, to lend, and there is no easy or painless way out.  Commentary 

to
Commodity Last Pct Chg Trade Date/Time
Oil 53.18 -0.17% 07 Jan 2009 09:45 EST
Gold 853.0 -1.48% 07 Jan 2009 09:55 EST

Reuters Business Blogs

  • DealZone
  • MediaFile
  • Shoptalk
Year in Business

A look back at the memorable moments from 2008 in the world of finance.  Slideshow 

Signs marking the entrance to Wall Street are seen in New York October 6, 2008.
Crisis in Credit

Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map.  Full Coverage 

A combination of sale signs displayed in shop windows on the last weekend before Christmas on London's Oxford Street
Signs of the Times

The global recession manifests itself in big and small ways, most gloomy, some quirky and often reflecting the inventive human spirit.   Factbox 

Reacting to Gaza raids
9:23am EST 
Protests are taking place around the world, in reaction to the Israeli air strikes in the Gaza Strip.
Israel may consider peace plan

Jan 7 - Israel's Ambassador to the UN says Egyptian proposals for an initial truce have not been ruled out.  Play Video

 
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