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BERLIN -- The German government on Monday approved its share of a huge bailout, and the European Central Bank said it would accept Greek bonds as collateral for loans regardless of any future downgrades.
Germany's Bundestag approved its share of the funds on February 27th.
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That Greece's would-be rescuers may not after all stump up the money they promised is one of the risks that bondholders are loth to bear though Germany may now approve its share of the bail-out by May 7th (see article).
If Universal's acquisition of EMI is approved, its market share would grow to 40 percent, unless it agrees to shed some assets.
Virginia Senate Democratic leader Richard L. Saslaw (Fairfax) said he would be pressing in the conference committee for Virginia to approve its full share of $154 million a year — which would in turn imply that Maryland would have to allocate $167 million under the formula.
[Page A1.] F.D.A. Approves OraSure Test Shares of OraSure Technologies soared 19percentt, or $1.55, after the Food and Drug Administration approved its saliva test for H.I.V., the virus that causes AIDS.
Ahead of today's meeting of Lloyds TSB shareholders to approve its takeover of HBOS, shares in both banks are moving higher.
Mr. Flores invested in a company whose cancer medicine did not get approved, pummeling its shares and depriving patients of a lifesaver, he said in an interview.
Each of the Scottish banks would need votes representing a majority of NatWest shares to approve its offer.
The company also announced it approved a share repurchase of $2.4 billion in its common stock.
The company has been approved to list its shares on the New York Stock Exchange under the symbol BX.
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