This is what's in the news for Wednesday, December 15th. the Wall Street Journal reports that Moody's Investors Service may downgrade its ratings on Spanish government debt, and Greece faced another nationwide general strike, ...the Wall Street Journal reports that Simon Property Group (SPG) said it was prepared to offer about $4.74B in cash to buy Capital Shopping Centers Group PLC, the U.K. regional mall operator, ...Reuters reports that McDonald's plans to double the number of its restaurants in China to 2,000 by 2013, ...and finally, Bloomberg reports that Siemens (SI) is reviewing its options for its Osram lighting business which may include an IPO.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up