Archive for February 15th, 2008


In Uncategorized
15Feb 08

Top US retailer Wal-Mart on Friday drove another nail a coffin for Toshiba's HD DVD video disks by announcing it would shift to exclusively selling Japanese rival Sony's format Blu-ray.
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Oil steady as U.S. economic concerns weigh

Posted by UK Economy News
In Uncategorized
15Feb 08

Oil held steady over $95 a barrel on Friday after a series of bleak reports hit the economic outlook for top energy consumer the United States, helping erase earlier gains on supply concerns.
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The board of Northern Rock has submitted a revised offer to buy out the troubled British bank, upping the amount of money it is prepared to pump in, it said Friday.
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Spain's Iberia on Friday formally presented an offer to buy the country's second largest airline, Spanair, from Scandinavian carrier SAS, Spanish media said.
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In Uncategorized
15Feb 08

Germany faced Friday what was described as its biggest tax evasion probe ever after "hundreds" of people, including prominent figures, were said to have hidden assets in Liechtenstein.
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In Uncategorized
15Feb 08

Oil prices were mixed Friday as global supply concerns were stoked by lingering fears over problems in Nigeria and Venezuela, traders said.
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Regulators to tighten up on supermarkets

Posted by UK Economy News
In Uncategorized
15Feb 08

The competition watchdog on Friday said it was proposing a series of measures designed to ensure British supermarkets face a real competitive environment.
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The theft of computers containing secret information belonging to Brazil's state oil company Petrobras may compromise a huge recent oil discovery considered a national strategic asset, media reported Friday.
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Oil falls on U.S. economic concerns

Posted by UK Economy News
In Uncategorized
15Feb 08

Oil fell Friday after a series of bleak reports hit the economic outlook for top energy consumer, the United States.
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Developing countries on Friday welcomed WTO proposals to reduce barriers to farm trade but voiced reservations on those calling for a further opening of their own markets for industrial goods.
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