News Corp and Microsoft seen discussing joint Yahoo bid

April 9, 2008 on 11:16 pm | In Business News | No Comments

SAN FRANCISCO/NEW YORK (Reuters) - Microsoft Corp and News Corp are in talks about a joint bid for Yahoo Inc that would add MySpace to a proposed Microsoft-Yahoo combination, newspapers reported on Wednesday.

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News Corp and Microsoft seen discussing joint Yahoo bid

AMR cancels 1,094 flights for inspections

April 9, 2008 on 10:54 pm | In Business News | No Comments

CHICAGO (Reuters) - American Airlines cancelled 1,094 flights, or nearly half its schedule, on Wednesday to reinspect aircraft, a disruption that affected about 100,000 passengers and triggered chaos at the busiest U.S. airports.

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AMR cancels 1,094 flights for inspections

Bank expected to cut rates to 5 percent

April 9, 2008 on 10:38 pm | In Business News | No Comments

LONDON (Reuters) - The Bank of England looks set to cut interest rates on Thursday for the third time since December to shore up the economy in the face of the global credit squeeze.

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Bank expected to cut rates to 5 percent

BHP says not aware of any China plan to buy stake

April 9, 2008 on 8:51 pm | In Business News | No Comments

SYDNEY (Reuters) - BHP Billiton Ltd , the world’s top miner, said on Thursday it was not aware of any plan by China to buy a stake in the company.

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BHP says not aware of any China plan to buy stake

BoE expected to cut rates to 5 percent

April 9, 2008 on 7:43 pm | In Business News | No Comments

LONDON (Reuters) - The Bank of England looks set to cut interest rates on Thursday for the third time since December to shore up the economy in the …

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BoE expected to cut rates to 5 percent

Economic growth slowed to .5 pct in 3 mths to March

April 9, 2008 on 7:18 pm | In Business News | No Comments

LONDON (Reuters) - Britain’s economic growth slowed to 0.5 percent in the three months to March from 0.6 percent in the three months to February, the National Institute of Economic …

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Economic growth slowed to .5 pct in 3 mths to March

Oil surges to new high as recession fears grow

April 9, 2008 on 4:42 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices surged to fresh record highs on Wednesday as a new spate of recession fears and a bleak corporate profit outlook pulled down stocks and boosted demand for less-risky investments like government bonds.

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Oil surges to new high as recession fears grow

Bank of England likely to cut rates

April 9, 2008 on 3:05 pm | In Business News | No Comments

LONDON (Reuters) - Slowing economic growth, falling consumer confidence and a sharp reversal in the housing market are likely to make the Bank of England cut interest rates to 5.0 percent on Thursday, although inflation is above target.

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Bank of England likely to cut rates

Oil roars to record over $112 on U.S. inventory drop

April 9, 2008 on 2:42 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil surged to a record high over $112 a barrel on Wednesday after a government report showed a sharp drop in U.S. inventories ahead of the summer driving season.

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Oil roars to record over $112 on U.S. inventory drop

EADS head Gallois defends firm over trading probe

April 9, 2008 on 2:21 pm | In Business News | No Comments

PARIS (Reuters) - EADS Chief Executive Louis Gallois defended the European aerospace group’s financial transparency in a newspaper interview, after French regulators said they had …

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EADS head Gallois defends firm over trading probe

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