Oil hovers below highs as dollar gains on data

April 15, 2008 on 10:18 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil prices hovered below record highs on Wednesday, after the U.S. dollar rose on surprisingly robust U.S. economic data that moved supply concerns to the back of investors’ minds for now.

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Oil hovers below highs as dollar gains on data

Germany discovers new export — its jobless

April 15, 2008 on 8:37 pm | In Business News | No Comments

BERLIN (Reuters) - Germany, the world’s leading export
nation, has long been successful in shipping its
state-of-the-art cars and machinery to just about every
country.

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Germany discovers new export — its jobless

Intel firm on margin target for year

April 15, 2008 on 8:03 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Intel Corp on Tuesday affirmed its profit-margin target for 2008, reassuring investors concerned about falling memory chip prices and the impact of a weak U.S. economy, sending its stock up 8 percent.

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Intel firm on margin target for year

Thousands more to suffer “problem” debt

April 15, 2008 on 7:29 pm | In Business News | No Comments

LONDON (Reuters) - Britons have “problem” unsecured debt of 25 billion pounds and the credit crunch could double the number of people succumbing to debt woes this year, according to a report.

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Thousands more to suffer “problem” debt

Delta/Northwest may spark more airline mergers

April 15, 2008 on 6:15 pm | In Business News | No Comments

CHICAGO (Reuters) - The proposed merger of Delta Air Lines Inc and Northwest Airlines Corp is likely to spur other carriers to go after the cost …

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Delta/Northwest may spark more airline mergers

Oil hits record $114

April 15, 2008 on 4:40 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices jumped to a new peak over $114 a barrel on Tuesday amid lingering supply worries and weakness in the U.S. dollar, deepening concern in …

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Oil hits record $114

FTSE up as commodity prices rise

April 15, 2008 on 1:33 pm | In Business News | No Comments

LONDON (Reuters) - Britain’s leading share index ended higher on Tuesday as crude prices, a stake build and an oil find lifted energy stocks, while retailer Tesco was boosted by a strong start to its new financial year.

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FTSE up as commodity prices rise

Delta/Northwest merger may spark more consolidation

April 15, 2008 on 1:26 pm | In Business News | No Comments

CHICAGO (Reuters) - Merging Delta Air Lines Inc and Northwest Airlines Corp could send other carriers racing to help them claim the cost savings and global brand recognition needed to survive amid soaring fuel prices and a weak U.S. economy.

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Delta/Northwest merger may spark more consolidation

Pound hits record low vs euro

April 15, 2008 on 12:55 pm | In Business News | No Comments

LONDON (Reuters) - Sterling hit a record low against the euro on Tuesday, dragged lower after a fall in a key house price index to a 30-year low suggested that the downturn in Britain’s housing market is quickening.

Pound hits record low vs euro

Britain calls for OPEC hike as oil hits record

April 15, 2008 on 12:19 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices jumped to a new peak near $114 a barrel on Tuesday amid lingering supply worries and weakness in the U.S. dollar, deepening concern in world consumer nations that a spike in energy costs could cause severe economic damage.

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Britain calls for OPEC hike as oil hits record

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