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Archive for April 30th, 2008Georgia to block Russian WTO bid over rebel regions: reportPosted by UK Economy News
In UK financial news
30Apr 08 Georgia will block Russia's bid to join the World Trade Organisation until Moscow repeals its decision to form direct trade links with Georgian rebel regions, Interfax news agency reported Wednesday.
Read full story US economy limps ahead with 0.6 percent growthPosted by UK Economy News
In UK financial news
30Apr 08 The US economy managed to avert the onset of recession as it struggled to grow at a 0.6 percent annual pace in the first quarter, government figures showed Wednesday.
Read full story Comments Off Zimbabwe to float its currency: central bank governorPosted by UK Economy News
In UK financial news
30Apr 08 Zimbabwe has decided to float its local currency on foreign exchange markets in an attempt to eliminate speculation on the black market, the governor of the Central Bank said Wednesday.
Read full story Comments Off Oil falls on big U.S. crude inventory risePosted by UK Economy News
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30Apr 08 Oil fell below $115 a barrel on Wednesday after a U.S. government report showed crude oil stockpiles rose much more than expected in the world's top energy consumer.
Read full story Comments Off Chevron refinery partially shutPosted by UK Economy News
In UK financial news
30Apr 08 Chevron Corp. had an outage at its 210,000 barrel per day Pembroke refinery which shut down part of the production process last night, a spokesman for the UK Environmental Agency said on Wednesday.
Read full story Comments Off BG may keep Origin power assets if bid winsPosted by UK Economy News
In UK financial news
30Apr 08 British gas producer BG Group may retain the power generation and retail units of Australia's Origin Energy if its $12 billion (6.08 billion pound) bid approach is successful, sources close to the situation said on Wednesday.
Read full story Comments Off BG Group offers $12bln for Aussie energy firmPosted by UK Economy News
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30Apr 08 British oil and gas giant BG Group said Wednesday it had bid 12.1 billion US dollars (7.8 billion euros) in cash for Origin Energy, Australia's second-largest energy retailer.
Read full story Comments Off Toyota to invest 100 mln dlrs in jet projectPosted by UK Economy News
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30Apr 08 Japan's top carmaker Toyota said Wednesday it would invest up to 10 billion yen (96 million dollars) in a project to develop and market the country's first ever passenger jet.
Read full story Comments Off Eurozone inflation eases, economic confidence wilts: EU dataPosted by UK Economy News
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30Apr 08 Inflation in the 15 countries sharing the euro eased in April off record highs in March but confidence in the economy sank to a the lowest point in two-and-a-half years, EU data showed Wednesday.
Read full story Comments Off British TV group BSkyB posts net lossPosted by UK Economy News
In UK financial news
30Apr 08 British pay-TV giant BSkyB said Wednesday it suffered a net loss during the third quarter of its financial year, hit by writedowns linked to its stake in broadcaster ITV.
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