Archive for January 7th, 2008



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.
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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.
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Oil falls on warm U.S. weather

Posted by UK Economy News
In Uncategorized
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.
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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.
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Italy's operator Telecom Italia is looking at the possible sale of its French Internet access unit Alice France, an informed source said Monday.
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Oil slides on warm U.S. weather

Posted by UK Economy News
In Uncategorized
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.
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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.
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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.
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In Uncategorized
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.
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In Uncategorized
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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