Archive for August 26th, 2008


Dollar touches six-month high against euro

Posted by UK Economy News
In UK financial news
26Aug 08

The dollar briefly hit a six-month peak against the euro Tuesday as the market mulled the latest evidence of slowing economic growth in Europe and mixed US consumer and housing sector data.
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Dollar touches six-month high against euro

Posted by UK Economy News
In UK financial news
26Aug 08

The dollar briefly hit a six-month peak against the euro Tuesday as the market mulled the latest evidence of slowing economic growth in Europe and mixed US consumer and housing sector data.

Read full story

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Dollar touches six-month high against euro

Posted by UK Economy News
In UK financial news
26Aug 08

The dollar briefly hit a six-month peak against the euro Tuesday as the market mulled the latest evidence of slowing economic growth in Europe and mixed US consumer and housing sector data.

Read full story

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U.S. stocks edge higher and oil rises

Posted by UK Economy News
In UK financial news
26Aug 08

The dollar rose and U.S. stocks edged higher on Tuesday as optimism about U.S. consumer confidence and the struggling housing market overcame fresh worries about the flagging U.S. economy and financial sector.
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Oil companies began early preparations on Tuesday as forecasters predicted Hurricane Gustav will enter the U.S. Gulf of Mexico as a major storm by the weekend and energy prices jumped on the threat.
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Oil companies began early preparations on Tuesday as forecasters predicted Hurricane Gustav will enter the U.S. Gulf of Mexico as a major storm by the weekend and energy prices jumped on the threat.
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Oil prices rebounded Tuesday on concerns that a strengthened Hurricane Gustav could damage energy facilities in the Gulf of Mexico.
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In UK financial news
26Aug 08

Oil rose on Tuesday as Hurricane Gustav churned through the Caribbean and took aim at U.S. oil and natural gas installations in the Gulf of Mexico.
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A new company has been formed which will oversee the relaunch of Italy's near-bankrupt flag carrier Alitalia, the Radiocor news agency reported Tuesday, citing financial sources.
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HSBC eyes organic growth in Latam

Posted by UK Economy News
In UK financial news
26Aug 08

HSBC said on Tuesday it sees profit growth in Latin America through 2012 and downplayed any new acquisitions in the region.
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