Committee of MPs call for BAA break-up
March 14, 2008 on 8:05 pm | In Business News | No CommentsLONDON (Reuters) - An influential committee of politicians has joined a group of airlines in demanding the break-up of airport operator BAA, arguing its dominance in London and Scotland has stifled competition.
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Committee of MPs call for BAA break-up
BAE, Navistar win $1.1 bln in MRAP truck contracts
March 14, 2008 on 7:50 pm | In Business News | No CommentsWASHINGTON (Reuters) - U.S. military contracts for mine-resistant vehicles totaling over $1.1 billion were announced on Friday to units of BAE Systems Plc and Navistar International Corp .
Dollar falls below 99 yen as Bear Stearns weighs
March 14, 2008 on 5:38 pm | In Business News | No CommentsNEW YORK (Reuters) - The dollar fell below 99 yen and hit a record low against the euro after Bear Stearns said a worsening cash position forced the Wall Street firm to secure emergency financing.
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Dollar falls below 99 yen as Bear Stearns weighs
Spot gold sets historic high above $1,000 mark
March 14, 2008 on 3:51 pm | In Business News | No CommentsLONDON (Reuters) - Gold raced to an historic peak above $1,000 on Friday as the dollar’s plunge to record lows on weak data and deepening financial market troubles in the United States boosted bullion’s safe-haven appeal.
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Nike reports problems at China factories
March 14, 2008 on 1:47 pm | In Business News | No CommentsHONG KONG (Reuters) - Nike Inc , the world’s biggest sneaker and sportswear maker, said it found falsified documents, underage workers and unpaid wages at suppliers in China, despite what experts say is one of the top social compliance regimes in the industry.
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Nike reports problems at China factories
FTSE drops 1 percent
March 14, 2008 on 1:29 pm | In Business News | No CommentsLONDON (Reuters) - The leading share index fell 1 percent on Friday, as banks on both sides of the Atlantic slid on fears that emergency financing for U.S. bank Bear Stearns could portend further turmoil for the sector.
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FTSE drops 1 percent
Gold sets historic high above $1,000 mark
March 14, 2008 on 1:26 pm | In Business News | No CommentsLONDON (Reuters) - Gold raced to an historic peak above $1,000 on Friday as the dollar’s plunge to record lows on weak data and deepening financial market troubles in the United States boosted bullion’s safe-haven appeal.
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Gold sets historic high above $1,000 mark
News Corp looks to secure UK rivals print work
March 14, 2008 on 1:12 pm | In Business News | No CommentsBROXBOURNE (Reuters) - News Corp ’s UK unit new 650 million pound presses will be used to print its own newspapers and possibly the newly acquired Wall Street Journal Europe and rival papers, it said.
Paris court delays decision on jailed SocGen trader
March 14, 2008 on 1:06 pm | In Business News | No CommentsPARIS (Reuters) - Jerome Kerviel, the trader accused of causing record losses at French bank Societe Generale, faced another weekend in prison after a Paris court …
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Paris court delays decision on jailed SocGen trader
Dollar tumbles on Bear Stearns cash squeeze
March 14, 2008 on 12:28 pm | In Business News | No CommentsNEW YORK (Reuters) - The dollar fell below 100 yen for the second straight day and hit a record low against the euro after Bear Stearns said a worsening cash position had forced the Wall Street firm to secure emergency financing.
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Dollar tumbles on Bear Stearns cash squeeze
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