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Archive for January 3rd, 2008Oil prices strike new 100-dollar record, then dipPosted by UK Economy News
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3Jan 08 Oil prices leapt back above 100 dollars in New York Thursday on worries about tight supplies and US currency weakness, but eased back later in the day.
Read full story Oil recoils after breaking $100 a barrelPosted by UK Economy News
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3Jan 08 Oil fell on Thursday as traders took profits from a record rally that had pushed oil to $100 a barrel two days in a row -- a level that has raised a red flag over global economic growth.
Read full story Comments Off Boeing plane deliveries up 11 pct in 2007Posted by UK Economy News
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3Jan 08 Boeing Co said on Thursday it delivered 441 commercial aircraft in 2007, its best performance in six years and up 11 percent from 2006.
Read full story Comments Off US keeps up foreign investment in face of deficitsPosted by UK Economy News
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3Jan 08 The United States has maintained foreign capital inflows to finance its big balance of payments deficit but any dropoff in investment could end up hurting the economy, a Federal Reserve report showed Thursday.
Read full story Comments Off Toyota overtakes Ford for number-two spot in USPosted by UK Economy News
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3Jan 08 Toyota Motor overtook struggling Ford Motor Company for the number-two spot in the US market as the Japanese automaker managed to boost sales in a generally weak market.
Read full story Comments Off Dollar wobbles on mixed US data, euro hits record against poundPosted by UK Economy News
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3Jan 08 The dollar wobbled against the euro here Thursday on mixed data on the health of the US economy, while the single currency jumped to a record against the pound.
Read full story Comments Off EU hails smooth transition to euro use in Cyprus, MaltaPosted by UK Economy News
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3Jan 08 The European Commission on Thursday hailed the smooth introduction to the euro in the Mediterranean island states of Cyprus and Malta, which both adopted the common currency on January 1.
Read full story Comments Off Oil breaks $100 as U.S. stockpiles dropPosted by UK Economy News
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3Jan 08 Oil prices broke above $100 a barrel for the first time on Thursday after a U.S. government report showed a steep slide in crude inventories in the world's biggest energy consumer.
Read full story Comments Off EU screens plan for single market in online films, music and gamesPosted by UK Economy News
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3Jan 08 The European Commission said Thursday it would draw up plans to boost the online market for music, films and games while promising to uphold intellectual property rights.
Read full story Comments Off PPR upbeat amid gathering gloom in European retailPosted by UK Economy News
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3Jan 08 PPR's Christmas sales were satisfactory, the French retailer said on Thursday, confirming it expected higher earnings for the full year despite worries the retail sector suffered a dismal Christmas.
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