Read full story
Comments Off
Archive for October 9th, 2008IMF offers emergency help amid credit crunchPosted by UK Economy News
In UK financial news
9Oct 08 The International Monetary Fund has reactivated an emergency aid process for countries seeking help in the global financial crisis, IMF chief Dominique Strauss-Kahn said Thursday.
Read full story Bickering clouds rescue efforts in financial crisisPosted by UK Economy News
In UK financial news
9Oct 08 With financial markets seeing fresh panic, US authorities raised the prospect Thursday of direct capital injections into troubled banks, and Europe's central bank opened up an unlimited cash lifeline.
Read full story Comments Off Oil prices drop on credit crisis turmoilPosted by UK Economy News
In UK financial news
9Oct 08 Oil prices sank Thursday, with worries about a global financial crisis overshadowing news of an emergency OPEC meeting next month to discuss its impact on oil demand.
Read full story Comments Off Boeing strike hits airlines and metal makersPosted by UK Economy News
In UK financial news
9Oct 08 The month-long strike by Boeing Co's aircraft workers is starting to spoil airlines' expansion plans and eat into the profits of parts suppliers and metals makers around the world.
Read full story Comments Off Oil hits 12-month low as demand outweighs OPECPosted by UK Economy News
In UK financial news
9Oct 08 Oil prices fell to near 12-month lows below $85 on Thursday as a wider market slide stirred demand concerns and outweighed calls by some OPEC members to cut output to prop up prices.
Read full story Comments Off After Britain, US eyes direct capital injections to troubled banksPosted by UK Economy News
In UK financial news
9Oct 08 After struggling with little success to stem a financial panic, US authorities raised the possibility Thursday of direct capital injections to troubled banks as a means of shoring up a fragile system.
Read full story Comments Off Alitalia suitors extend offer to end of OctoberPosted by UK Economy News
In UK financial news
9Oct 08 An Italian investor group said Thursday it was extending an offer to rescue the failing Alitalia airline by two weeks to the end of October.
Read full story Comments Off Euro slips against the dollar on Wall Street turnaroundPosted by UK Economy News
In UK financial news
9Oct 08 The euro lost ground against the dollar Thursday after an equities rally on Wall Street ran out of steam as banking shares came under heavy selling pressure.
Read full story Comments Off Obama slams ‘risky’ McCain mortgage planPosted by UK Economy News
In UK financial news
9Oct 08 Barack Obama slammed John McCain's plan to buy up 300 billion dollars in bad mortgages as "risky" on Thursday, and warned his White House rival was offering "erratic" leadership at a time of crisis.
Read full story Comments Off OPEC says will hold emergency meeting on Nov 18Posted by UK Economy News
In UK financial news
9Oct 08 The OPEC oil producers' cartel announced Thursday it would hold an emergency meeting in Vienna on November 18, as member countries worried over the effects of the global financial crisis on crude prices.
Read full story Comments Off |
|
Subscribe to RSS
