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Archive for January 7th, 2008Poland wants talks with Russia, Germany on contested pipelinePosted by UK Economy News
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7Jan 08 Poland wants talks with Germany and Russia about a controversial Baltic Sea gas pipeline project steered by Russian giant Gazprom, Prime Minister Donald Tusk said in an interview published Monday.
Read full story Comments Off McDonald’s brews for stake in US espresso coffee marketPosted by UK Economy News
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7Jan 08 Fast food giant McDonald's said Monday it is brewing a plan to claim a share of the lucrative US espresso coffee market, currently dominated by Starbucks, the global leader in things latte and cappuccino.
Read full story Comments Off Oil falls on warm U.S. weatherPosted by UK Economy News
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7Jan 08 Oil tumbled nearly 3 percent on Monday as warm U.S. weather and threats of a recession in the top energy consumer dragged prices further from the $100 record struck last week.
Read full story Comments Off US mulls fresh steps to ease housing slump: PaulsonPosted by UK Economy News
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7Jan 08 US Treasury Secretary Henry Paulson said Monday that the housing market's woes are far from over, and that the government was studying fresh measures to minimize economic harm.
Read full story Comments Off Telecom Italia considers sale of French Internet unit AlicePosted by UK Economy News
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7Jan 08 Italy's operator Telecom Italia is looking at the possible sale of its French Internet access unit Alice France, an informed source said Monday.
Read full story Comments Off Oil slides on warm U.S. weatherPosted by UK Economy News
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7Jan 08 Oil fell 2.6 percent on Monday as warm U.S. weather and threats of a recession in the top energy consumer dragged prices further from the $100 record struck last week.
Read full story Comments Off US mulls fresh steps to ease housing slump: PaulsonPosted by UK Economy News
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7Jan 08 US Treasury Secretary Henry Paulson warned Monday that the housing market's woes are far from over, but said the government was mulling further measures to minimize economic harm.
Read full story Comments Off Oil prices plunge three dollars after record run above 100Posted by UK Economy News
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7Jan 08 Oil prices fell sharply away from their historic highs of above 100 dollars on Monday as traders took profits amid fears that slower US economic growth could crimp global energy demand.
Read full story Comments Off Brent crude falls $3, warm U.S. weather weighsPosted by UK Economy News
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7Jan 08 Brent crude fell more than $3 a barrel to below $94 a barrel on Monday, pressured by a forecast for above-normal U.S. weather that would curb heating demand in the world's top fuel consumer.
Read full story Comments Off US holiday Internet sales up 19 percent: surveyPosted by UK Economy News
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7Jan 08 Americans spent 29 billion dollars in holiday shopping on the Internet in 2007, a rise of 19 percent, a survey showed Monday.
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