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Archive for November 19th, 2007Dollar stable against the euro but under pressurePosted by UK Economy News
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19Nov 07 The dollar was stable against the euro here Monday but was under pressure from the impact of disappointing US economic data released last week and an agreement by OPEC to consider pricing oil in currencies other than the greenback.
Read full story Strike costing France up to 400 million euros per day: ministerPosted by UK Economy News
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19Nov 07 With France braced for more walkouts this week, the rail strike over pension reforms is costing between 300 and 400 million euros (440 and 586 million dollars) daily, the government said Monday.
Read full story Comments Off Oil prices rise after OPEC summitPosted by UK Economy News
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19Nov 07 World oil prices rose Monday amid tight crude supplies heading into the northern hemisphere winter as traders assessed the outcome of an OPEC summit held in Saudi Arabia over the weekend.
Read full story Comments Off Climate change driving ‘fourth tech revolution’: BrownPosted by UK Economy News
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19Nov 07 Climate change is driving the need for a "fourth technological revolution" to cut pollution and save the planet, Prime Minister Gordon Brown said Monday.
Read full story Comments Off Strike costing France up to 400 million euros per day: ministerPosted by UK Economy News
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19Nov 07 With France braced for more walkouts this week, the rail strike over pension reforms is costing between 300 and 400 million euros (440 and 586 million dollars) daily, the government said Monday.
Read full story Comments Off Oil rises on weaker dollarPosted by UK Economy News
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19Nov 07 Oil rose on Monday on the weakening U.S. dollar and concerns over whether OPEC will ramp up production next month to ease supply worries.
Read full story Comments Off World Bank encouraging ‘responsible’ Chinese lending in Africa: ZoellickPosted by UK Economy News
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19Nov 07 World Bank president Robert Zoellick said Monday the development body was encouraging China to be a "responsible" lender in Africa amid European concerns about its growing role on the resource rich continent.
Read full story Comments Off Aer Lingus seeks stop to Ryanair “interference”Posted by UK Economy News
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19Nov 07 Aer Lingus on Monday asked the European Court of First Instance to prevent its rival and biggest shareholder Ryanair Holdings from "interfering" in the running of the airline's business.
Read full story Comments Off Oil prices rally after OPEC summitPosted by UK Economy News
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19Nov 07 World oil prices rallied Monday amid tight crude supplies heading into the northern hemisphere winter as traders assessed the outcome of an OPEC summit held over the weekend.
Read full story Comments Off British gov’t defends Northern Rock policy, as shares nosedivePosted by UK Economy News
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19Nov 07 British finance minister Alistair Darling on Monday defended his government's handling of the Northern Rock crisis and pledged to give the embattled bank breathing space to assess its options.
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