CITIGROUP

Stocks extended their slide to 12-year lows on Thursday as General Motors' warning of possible bankruptcy and concerns about the fate of the banking system sped investors' flight from riskier assets.

Stocks slid on Thursday, hit by persistent worries about major banks, including Citigroup , and a warning from General Motors about a possible bankruptcy.

One dollar could buy a cup of coffee, a pack of chewing gum, or a roll of bathroom tissue.

U.S. stocks extended declines on Thursday, hurt by a warning from General Motors about possible bankruptcy and persistent uncertainty about the fate of major banks.

China Premier Wen Jiabao made a new overture to Taiwan on Thursday, saying Beijing was ready to create the conditions needed to reach a peace agreement with the neighboring self-ruled island China claims as its own.

Citigroup executives in Mexico have bough millions of shares in the beleaguered U.S. bank as a show of confidence, a spokesman for the bank' Mexican unit told Reuters.

UK Prime Minister Gordon Brown in his first state visit to Washington since the start of the Obama administration met with the President to push a global new deal which would coordinate a worldwide response to the global economic crisis.

Stocks rose on Tuesday as investors bet U.S. Treasury Secretary Timothy Geithner would shed light on plans to shore up the financial system a day after Wall Street slumped to a 12-year low.

Citigroup Inc said on Tuesday it will allow some newly unemployed homeowners to temporarily reduce payments on their mortgages.

Citigroup Inc said on Tuesday it will allow some newly unemployed homeowners to temporarily reduce payments on their mortgages.

Citigroup Inc is hoping to create joint ventures with third parties as a way of shedding businesses it does not want, the New York Post reported on Tuesday, citing high-level insiders at the New York bank.

U.S. stocks slid to 12-year lows on Monday as a record $61.7 billion loss for AIG and another government bailout for the insurer heightened concerns about the extent of the damage to the financial system.

Citigroup Inc may need to raise additional capital despite the U.S. government's move to bolster its capital base, said an analyst at Deutsche Bank, who sees a 2009 loss of about $4.5 billion for the company excluding any preferred share dividend payments.

Shares of Sony Corp outperformed those of its rivals in a sliding market on Monday, as CEO Howard Stringer's move to directly oversee the electronics arm at the center of the firm's problems raised investor hopes for speedier restructuring.

Insurer AIG is set to take a $30 billion lifeline from the U.S. government and HSBC plans to raise up to $18 billion to counter a crisis that is punishing companies and crippling international trade.

Insurer AIG is set to report a $60 billion (42 billion pound) fourth quarter loss and take a $30 billion lifeline from the U.S. government to survive a crisis threatening some of the world's largest companies and crippling international trade.

Abu Dhabi is assessing it's $7.5 billion investment in troubled U.S. banking giant Citigroup through convertible bonds that pay 11 percent interest but nothing has changed from its perspective, a source told Reuters on Sunday.

Abu Dhabi is assessing its $7.5 billion investment in Citigroup as the bank's problems deepen and consequences of a possible nationalization become clearer, according to sources close to the Abu Dhabi Investment Authority.

Abu Dhabi is assessing its $7.5 billion investment in Citigroup as the bank's problems deepen and consequences of a possible nationalization become clearer, according to sources close to the Abu Dhabi Investment Authority .

Mortgages and real estate assets make up more than two-thirds of the $300.8 billion Citigroup Inc portfolio in which the government has agreed to share in losses.

Citigroup plans to overhaul its board as part of a capital-boosting deal with the U.S. government, but the banking giant may struggle to find qualified people willing to join as directors.