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Archive for December 27th, 2007Gold, bonds rise on Bhutto killing, stocks fallPosted by UK Economy News
In UK financial news
27Dec 07 Gold and government bond prices rose and U.S. stocks slid on Thursday as fears of regional instability following the assassination of Pakistani opposition leader Benazir Bhutto triggered demand for safe-haven assets.
Read full story Oil prices hit one-month high on Pakistan, supply worriesPosted by UK Economy News
In UK financial news
27Dec 07 Oil prices surged to one-month highs Thursday following the assassination of Pakistani opposition leader Benazir Bhutto, and after the sixth successive weekly decline in US energy reserves.
Read full story Comments Off Oil prices surge toward 100 dollars after Bhutto murderPosted by UK Economy News
In UK financial news
27Dec 07 Oil prices headed toward 100 dollars per barrel Thursday after the murder of Pakistan's opposition leader Benazir Bhutto and a sixth consecutive weekly drop in US crude reserves.
Read full story Comments Off Heathrow closure threatened as strike talks end without agreementPosted by UK Economy News
In UK financial news
27Dec 07 London's Heathrow Airport, the world's biggest international air hub, was threatened with closure as talks aimed at averting strikes next month ended without agreement Thursday.
Read full story Comments Off Oil rises on Bhutto killing, U.S. inventory dropPosted by UK Economy News
In UK financial news
27Dec 07 Oil rose on Thursday on falling U.S. crude stocks and mounting geopolitical tensions after the killing of Pakistani opposition leader Benazir Bhutto.
Read full story Comments Off Amazon adds Warner Music to download servicePosted by UK Economy News
In UK financial news
27Dec 07 Amazon.com has signed on Warner Music Group to its music download service, which aims to compete with Apple's industry-dominating iTunes online store.
Read full story Comments Off Volvo recalls 125,000 trucks in North AmericaPosted by UK Economy News
In UK financial news
27Dec 07 Swedish lorry-maker Volvo said Thursday it had recalled 125,000 trucks in North America due to the danger of short circuits in the lighting system that could cause fires.
Read full story Comments Off ECB drains 145.64 billion euros from eurozone marketsPosted by UK Economy News
In UK financial news
27Dec 07 The European Central Bank said Thursday it had withdrawn 145.64 billion euros (208 billion dollars) from eurozone money markets through a new offer aimed at absorbing excess liquidity.
Read full story Comments Off Goldman ups writedown estimates for Citi, JP Morgan, MerrillPosted by UK Economy News
In UK financial news
27Dec 07 Goldman Sachs on Thursday raised its fourth-quarter estimates for billion-dollar asset writedowns at Citigroup, JP Morgan Chase and Merrill Lynch as a result of squeezed credit.
Read full story Comments Off Oil prices soar above 97 dollars per barrelPosted by UK Economy News
In UK financial news
27Dec 07 Oil prices surged past 97 dollars per barrel Thursday following the assassination of Pakistani opposition leader Benazir Bhutto, and after the sixth successive weekly drop in US crude reserves.
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