Read full story
Comments Off
|
Archive for December 6th, 2007U.S. stocks up on Bush planPosted by UK Economy News
In Uncategorized
6Dec 07 U.S. stocks rose and government bonds fell on Thursday as investors anticipated that a White House plan to stem home foreclosures would help ease the housing slump's drag on economic growth.
Read full story Oil jumps 3 percent on supply worriesPosted by UK Economy News
In Uncategorized
6Dec 07 Oil jumped 3 percent to above $90 a barrel on Thursday following OPEC's output rollover and as weakness in the U.S. dollar propped up commodities.
Read full story Comments Off Conrad Black seen doing no more than 10 yearsPosted by UK Economy News
In Uncategorized
6Dec 07 Conrad Black, once one of the world's most powerful press barons but now a convicted felon, will likely be sentenced on Monday to no more than 10 years in prison, legal analysts said.
Read full story Comments Off JC Flowers withdraws from N. Rock auctionPosted by UK Economy News
In Uncategorized
6Dec 07 U.S. buyout firm J.C. Flowers has withdrawn from the auction to buy ailing British bank Northern Rock, the Daily Telegraph said on its Web site on Thursday.
Read full story Comments Off Dow Jones CEO to leave; News Corp. set to complete takeoverPosted by UK Economy News
In Uncategorized
6Dec 07 News Corp. said Thursday its hard-fought acquisition of Wall Street Journal publisher Dow Jones & Co. may be completed next week as the Dow Jones chief executive announced his departure.
Read full story Comments Off Bush says mortgage relief plan may help 1.2 millionPosted by UK Economy News
In Uncategorized
6Dec 07 A wide-ranging mortgage relief package was unveiled Thursday by US President George W. Bush, who said measures agreed upon by lenders and investors could help up to 1.2 million distressed homeowners.
Read full story Comments Off Oil jumps $3, past $90Posted by UK Economy News
In Uncategorized
6Dec 07 Oil jumped 3 dollars to above $90 a barrel on Thursday following OPEC's output rollover and as weakness in the U.S. dollar propped up commodities.
Read full story Comments Off Northern Rock owes 50 bln dlrs to central bank, less than expectedPosted by UK Economy News
In Uncategorized
6Dec 07 Troubled mortgage lender Northern Rock said Thursday it had borrowed 25 billion pounds in emergency funds from the Bank of England, seeking to counter speculation it had needed much more.
Read full story Comments Off Coca-Cola CEO to resign, Muhtar Kent named to postPosted by UK Economy News
In Uncategorized
6Dec 07 The Coca-Cola Company said Thursday that chief executive Neville Isdell is stepping down in mid-2008 after four years and will be succeeded by his number-two, Muhtar Kent.
Read full story Comments Off Bank of England cuts rates for first time in two yearsPosted by UK Economy News
In Uncategorized
6Dec 07 The Bank of England trimmed British interest rates on Thursday for the first time since August 2005 in a bid to combat slower economic growth hit by an ongoing global credit squeeze.
Read full story Comments Off |
|
Subscribe to RSS
