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Archive for February 11th, 2008Microsoft calls Yahoo rejection “unfortunate”Posted by UK Economy News
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11Feb 08 Microsoft Corp said on Monday that Yahoo Inc's rejection of its initial offer to buy the company was "unfortunate," but it does not change its belief in the merits of its proposal.
Read full story Yahoo rejects Microsoft buyout offer as undervaluedPosted by UK Economy News
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11Feb 08 Yahoo's board of directors on Monday rejected Microsoft's buyout offer, saying the 44.6-billion-dollar bid is too low and not what's best for shareholders of the veteran Internet company.
Read full story Comments Off Oil hits one-month highPosted by UK Economy News
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11Feb 08 Oil prices jumped nearly two percent to their highest levels in a month after Venezuela threatened to halt sales to the United States over an intensifying legal battle between the OPEC nation and Exxon Mobil Corp.
Read full story Comments Off Oil prices jump on Venezuelan, Nigerian supply fearsPosted by UK Economy News
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11Feb 08 Oil prices moved sharply higher Monday after Venezuelan President Hugo Chavez threatened to cut oil sales to the United States and as traders tracked fresh unrest in Nigeria.
Read full story Comments Off Yahoo rejects Microsoft bidPosted by UK Economy News
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11Feb 08 Yahoo on Monday rejected Microsoft's unsolicited $41.6 billion (21.3 billion pound) takeover offer as too low, forcing the software maker to either sweeten its bid or adopt a hostile approach to clinch a deal.
Read full story Comments Off Yahoo rejects Microsoft bidPosted by UK Economy News
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11Feb 08 Yahoo on Monday rejected Microsoft's unsolicited $41.6 billion (21.3 billion pound) takeover offer as too low, forcing the software maker to either sweeten its bid or adopt a hostile approach to clinch a deal.
Read full story Comments Off France in eurozone firing line over budget deficitPosted by UK Economy News
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11Feb 08 France came under fire on Monday from its eurozone partners for not doing more to cut its budget deficit as Paris sought more leeway on improving its finances in the face of weakening growth.
Read full story Comments Off France in eurozone firing line over budget deficitPosted by UK Economy News
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11Feb 08 France came under fire on Monday from its eurozone partners for not doing more to cut its budget deficit as Paris sought more leeway on improving its finances in the face of weakening growth.
Read full story Comments Off German cartel office probes chocolate price hikes: officialPosted by UK Economy News
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11Feb 08 The German Federal Cartel Office suspects sweet and chocolate makers of price fixing following sharp increases this year and it raided seven companies last week, a spokeswoman said Monday.
Read full story Comments Off German cartel office probes chocolate price hikes: officialPosted by UK Economy News
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11Feb 08 The German Federal Cartel Office suspects sweet and chocolate makers of price fixing following sharp increases this year and it raided seven companies last week, a spokeswoman said Monday.
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