Read full story
Comments Off
|
Archive for December 28th, 2007Wall St Week Ahead: For stocks, recession question to rule 2008Posted by UK Economy News
In Uncategorized
28Dec 07 Wall Street is set to end 2007 with modest gains next week and kick off the new year with all eyes trained on jobs data for signs of recession that could make 2008 a hostile environment for stocks.
Read full story Surging oil prices ease in profit takingPosted by UK Economy News
In Uncategorized
28Dec 07 World oil prices eased Friday in late profit taking after a rally Thursday supported by concerns over the murder of Pakistani opposition leader Benazir Bhutto and tight US energy reserves.
Read full story Comments Off IMF says dollar losing ground in global forex reservesPosted by UK Economy News
In Uncategorized
28Dec 07 The dollar is losing ground as the currency of choice in the world's foreign exchange reserves, the International Monetary Fund said Friday.
Read full story Comments Off Oil falls as profit-taking clips rallyPosted by UK Economy News
In Uncategorized
28Dec 07 Oil prices fell on Friday as U.S. economic concerns mounted and traders took profits from a rally this week that sent prices to near record levels.
Read full story Comments Off Italy backs Air France-KLM’s bid for AlitaliaPosted by UK Economy News
In Uncategorized
28Dec 07 Air France-KLM, the world's largest airline by revenues, came a step closer Friday to controlling the near-bankrupt Alitalia after Italy's finance minister said it could begin exclusive takeover talks.
Read full story Comments Off Airbus exceeds cost-cutting targets: newspaperPosted by UK Economy News
In Uncategorized
28Dec 07 The European aircraft manufacturer Airbus has largely surpassed its 2007 cost-cutting target and could end the year with savings of as much as 400 million euros (587 million dollars), the newspaper Les Echos reported Friday.
Read full story Comments Off Oil spikes towards 100 dollars after Bhutto murderPosted by UK Economy News
In Uncategorized
28Dec 07 Oil prices surged towards 100 dollars per barrel this week after Pakistani opposition leader Benazir Bhutto was killed by a suicide bomber.
Read full story Comments Off Euro breaches 1.47 dollars amid poor US dataPosted by UK Economy News
In Uncategorized
28Dec 07 The euro breached 1.47 dollars on Friday amid persistent speculation that poor US economic data could force the Federal Reserve to cut rates in 2008, dealers said.
Read full story Comments Off US new home sales plunge 9 pct in NovemberPosted by UK Economy News
In Uncategorized
28Dec 07 Sales of new homes in the US plunged in November as tight lending conditions and consumer pessimism led to the slowest rate in more than 12 years, new government data showed Friday.
Read full story Comments Off Oil prices jump above 97 dollarsPosted by UK Economy News
In Uncategorized
28Dec 07 World oil prices breached 97 dollars per barrel on Friday, a day after the murder of Pakistani opposition leader Benazir Bhutto, as traders also tracked tight US energy stockpiles.
Read full story Comments Off |
|
Subscribe to RSS
