Milan’s Beckham poised for Serie A bow

Posted by UK Economy News
In UK financial news
8Jan 09

David Beckham's whirlwind visit to Serie A starts at AS Roma on Sunday (7:30 p.m.
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Oil and gas industry equipment supplier Wellstream Holdings said business remains buoyant despite falling oil prices as it forecast 2008 results in line with expectations and continued growth in 2009.
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About 600,000 migrant workers left south China's industrial heartland last year as the economic crisis caused exports to shrink and forced factories to close, a senior official said Thursday.
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Japanese electronic component maker TDK Corp. said Thursday that it was cutting 8,000 jobs and closing four plants overseas to cope with the economic crisis.
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Budget carrier AirAsia said Thursday it will shift to its own 460 million dollar airport outside Kuala Lumpur, and abandon its overcrowded terminal next to the main international airport.
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Germany's trade surplus contracted sharply in November, falling to 9.7 billion euros (11 billion dollars) from 16.4 billion in October, according to the latest figures released by the national statistics office.
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Global economic fears deepened as Chinese computer giant Lenovo axed 2,500 jobs and South Korea warned it was on the brink of recession amid further lay-offs in Europe and the United States.
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Recruiter Michael Page said on Thursday gross profit fell by 7.3 percent in the fourth quarter and warned market conditions had become noticeably more difficult.
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Tullow Oil makes new Ghana find

Posted by UK Economy News
In UK financial news
8Jan 09

Tullow Oil said its Mahogany-3 well had made a new discovery beneath its Jubilee field and that the drilling also showed the field extended far further to the southeast than it thought.
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Envoys from Russia and Ukraine go to Brussels on Thursday for emergency EU-brokered talks to resolve a bitter gas fight between the two ex-Soviet giants that has engulfed Europe in a major energy crisis.
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