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Archive for January 14th, 2008EADS to build planes in US if it wins air force contractPosted by UK Economy News
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14Jan 08 The European maker of Airbus planes said Monday it would build both military and civilian jets in the United States if it beats arch-rival Boeing for a US Air Force aerial refueling tanker contract.
Read full story Oil prices rise despite US demand fearsPosted by UK Economy News
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14Jan 08 Oil prices jumped Monday amid tensions in key crude producers Iran and Nigeria that offset concerns that US oil demand could decline amid economic uncertainty, traders said.
Read full story Comments Off BMW CEO reportedly aims to sell over 300,000 MinisPosted by UK Economy News
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14Jan 08 BMW wants its Mini brand to substantially grow its unit sales once the model's full family of models is available, the Financial Times Deutschland reported on Monday.
Read full story Comments Off BMW CEO reportedly aims to sell over 300,000 MinisPosted by UK Economy News
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14Jan 08 BMW wants its Mini brand to substantially grow its unit sales once the model's full family of models is available, the Financial Times Deutschland reported on Monday.
Read full story Comments Off British press crisis deepened in 2007: figuresPosted by UK Economy News
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14Jan 08 The problems gripping Britain's press deepened in December as The Sun daily slumped below three million daily print sales for the first time in 33 years, according to figures released Monday.
Read full story Comments Off Trichet says eurozone growth to be about 2.0 percent in 2008Posted by UK Economy News
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14Jan 08 European Central Bank chief Jean-Claude Trichet said Monday that economic growth in the eurozone this year would be around 2.0 percent despite "a certain number of risks" that could reduce expansion.
Read full story Comments Off Dollar slides on rate cut prospectsPosted by UK Economy News
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14Jan 08 The dollar slumped to a near record low against the euro Monday on growing expectations the Federal Reserve will cut interest rates again this month to bolster the battered US economy, dealers said.
Read full story Comments Off US holds fire on sanctions againt EU in WTO disputePosted by UK Economy News
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14Jan 08 The United States said Monday it has agreed with the European Union to suspend temporarily its right to impose sanctions on EU goods in a trade dispute over genetically modified organisms.
Read full story Comments Off Oil prices rise, reaching almost 94 dollarsPosted by UK Economy News
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14Jan 08 Oil prices marched higher on Monday, supported by tensions in crude producers Iran and Nigeria but concerns remained over a possible drop in US energy demand, traders said.
Read full story Comments Off Russia slams ‘illegal’ French bank account freeze: ministryPosted by UK Economy News
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14Jan 08 Russia will appeal against an "illegal" French court order freezing the bank accounts in France of several Russian organisations, the finance ministry said here on Monday.
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