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Asian stocks revive and dollar steady ahead of Fed

HONG KONG (Reuters) - Asian stocks rebounded on Tuesday from Monday’s sell off as pummelled financials regained some lustre and the dollar steadied ahead of a Federal Reserve meeting that is expected to yield steep U.S. rate cuts.

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Asian stocks revive and dollar steady ahead of Fed

Cadbury grabs U.S. gum share from Wrigley

CHICAGO (Reuters) - Cadbury Schweppes scored points in the U.S. gum wars in 2007, as its Stride and Splash products helped it reach 34.5 percent market share by grabbing 3 percentage points away from market leader Wm. Wrigley Jr Co .

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Cadbury grabs U.S. gum share from Wrigley

Bear fire sale sparks rout

NEW YORK (Reuters) - A fire sale of Bear Stearns stunned Wall Street and pummelled global financial stocks on Monday on fears that few banks are safe from deepening market turmoil.

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Bear fire sale sparks rout

Shell reassures on oil and gas reserves

LONDON (Reuters) - Royal Dutch Shell said its oil and gas reserves held stable in 2007 despite expectations of a drop, but told investors they may have to wait until 2010 to see production growth.

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Shell reassures on oil and gas reserves

Banks scramble for BoE funds as crisis worsens

LONDON (Reuters) - The Bank of England’s emergency offer of 5 billion pounds of 3-day loans was nearly five times oversubscribed on Monday as financial institutions scrambled for cash in the face of a global credit crunch.

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Banks scramble for BoE funds as crisis worsens

FTSE hits lowest close since late 2005

LONDON (Reuters) - The leading share index sank 3.9 percent on Monday to hit its lowest closing level since late 2005 after the fire sale of U.S. bank Bear Stearns sparked fears of more casualties from a global credit crisis.

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FTSE hits lowest close since late 2005

Yell hit hard amid directories sell-off

LONDON (Reuters) - Directories business Yell Group , which will leave the FTSE 100 index next week, fell 11.5 percent to new lows on Monday amid a sell-off among peers in Europe and the United States.

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Yell hit hard amid directories sell-off

Sterling knocked over Bear Stearns worries

LONDON (Reuters) - The pound hit a record trough versus the euro and its lowest since 1997 on a trade-weighted basis on Monday as troubles at U.S. banking heavyweight Bear Stearns stoked fears about Britain’s financial sector.

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Sterling knocked over Bear Stearns worries

Bear fire sale sparks financial rout

NEW YORK (Reuters)- A fire sale of Bear Stearns stunned Wall Street and pummelled global financial stocks on Monday on fears that few banks are safe from deepening market turmoil.

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Bear fire sale sparks financial rout

Investors flee commodities

LONDON (Reuters) - Gold and oil prices tumbled on Monday after hitting record highs as the escalating financial crisis and a steadier dollar prompted investors to flee commodities and take refuge in cash.

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Investors flee commodities