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Archive for January 28th, 2008McDonald’s Europe chief sees no signs of slowdownPosted by UK Economy News
In UK financial news
28Jan 08 McDonald's sees no signs of an economic slowdown in Europe, where he said same-store sales rose last month and are rising in January compared to flat growth seen in the United States in December.
Read full story French rogue trader admits to concealing deals: prosecutorPosted by UK Economy News
In UK financial news
28Jan 08 French trader Jerome Kerviel admitted to concealing multi-billion-dollar deals at Societe Generale, a prosecutor said Monday, as the bank was hit by insider trading allegations and a plunging share price.
Read full story Comments Off Oil prices slide back under 90 dollarsPosted by UK Economy News
In UK financial news
28Jan 08 World oil prices fell on Monday in line with falling stock markets on fears that wider economic weakness could have a negative impact on demand for crude later this year, analysts said.
Read full story Comments Off Drogba to collect 50th cap against MaliPosted by UK Economy News
In UK financial news
28Jan 08 Ivory Coast captain Didier Drogba will earn his 50th cap against Mali in the African Nations Cup on Tuesday, determined to improve on a remarkable return of 31 goals at international level.
Read full story Comments Off Mali refuse to allow Kanoute to attend ceremonyPosted by UK Economy News
In UK financial news
28Jan 08 Mali will refuse to allow striker Frederic Kanoute to attend the African Footballer of the Year award function on Friday if they qualify for the African Nations Cup quarter-finals.
Read full story Comments Off Kasperczak quits as Senegal coachPosted by UK Economy News
In UK financial news
28Jan 08 Senegal's Polish coach Henryk Kasperczak resigned on Monday a day after his team's 3-1 defeat by Angola at the African Nations Cup finals.
Read full story Comments Off S African mines idle for fourth day amid power crisisPosted by UK Economy News
In UK financial news
28Jan 08 A power crisis forced the suspension of mining operations for a fourth day running in South Africa on Monday as unions expressed fears the halt in production would lead to large-scale job losses.
Read full story Comments Off Traders puzzle over SocGen fraud explanationPosted by UK Economy News
In UK financial news
28Jan 08 Incredulous equity traders said on Monday they wanted a better explanation from Societe Generale for how a single rogue trader managed to build up a $73 billion (36.8 billion pound) position and cause the French bank to lose $7 billion.
Read full story Comments Off Dollar down ahead of rate meet, Bush addressPosted by UK Economy News
In UK financial news
28Jan 08 The dollar slipped on Monday amid fresh jitters over the US economy ahead of a key Federal Reserve meeting later this week and US President George W. Bush's annual State of the Union address, dealers said.
Read full story Comments Off Tony Blair to advise Zurich Financial on climate changePosted by UK Economy News
In UK financial news
28Jan 08 Former British prime minister Tony Blair will advise Zurich Financial Services (ZFS) on a range of issues including climate change, the Swiss company said on Monday.
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