Oil near $115 on U.S. supply worries

April 17, 2008 on 10:40 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil held near $115 a barrel on Friday, just shy of its record high, as investors fretted over gasoline supplies in the United States weeks before the summer driving season, though this was partly offset by lingering worries over economic growth.

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Oil near $115 on U.S. supply worries

SocGen splits chairman

April 17, 2008 on 10:37 pm | In Business News | No Comments

PARIS (Reuters) - The head of Societe Generale, the French bank that recently survived the world’s biggest rogue trading scandal, is relinquishing his job as chief executive but will stay on as chairman, SocGen said on Thursday.

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SocGen splits chairman

Oil eases from record over $115

April 17, 2008 on 8:59 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices slipped from record highs on Thursday after a drop in U.S. inventories and the weaker dollar had pushed prices above …

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Oil eases from record over $115

Google tops profit target, stock jumps

April 17, 2008 on 8:44 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Internet leader Google Inc
said on Thursday it saw no impact from a weakening
U.S. economy as it posted a better-than-expected quarterly
profit and waved off fears of an online advertising slump.

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Google tops profit target, stock jumps

Google profit beats forecasts

April 17, 2008 on 4:32 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Google on Thursday posted a better-than-expected profit, defying fears the company is facing an Internet advertising slowdown and …

Google profit beats forecasts

Inflation likely to exceed 3 pct this year

April 17, 2008 on 3:26 pm | In Business News | No Comments

LONDON (Reuters) - Inflation is likely to rise above three percent this year as a weaker currency exacerbates the impact of rising commodity prices, Bank of England chief economist Charles Bean said on Thursday.

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Inflation likely to exceed 3 pct this year

Oil eases after hitting record over $115

April 17, 2008 on 1:32 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices slipped below record highs on Thursday after a drop in U.S. inventories and the weaker dollar had pushed prices above $115 a barrel.

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Oil eases after hitting record over $115

FTSE down 1.1% as U.S. data weighs

April 17, 2008 on 1:14 pm | In Business News | No Comments

LONDON (Reuters) - The blue-chip index extended earlier losses to shed over 1 percent on Thursday after a flurry of U.S. data helped turn banks negative and commodity prices pulled energy stocks lower.

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FTSE down 1.1% as U.S. data weighs

European shares down on Nokia and pharma stocks

April 17, 2008 on 1:14 pm | In Business News | No Comments

FRANKFURT (Reuters) - European shares fell on Thursday, led lower by Nokia after the world’s biggest maker of mobile phones failed to impress investors with its outlook, dragging down other technology and telecom stocks.

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European shares down on Nokia and pharma stocks

Nambia and De Beers close to finalising unit talks

April 17, 2008 on 12:28 pm | In Business News | No Comments

WINDHOEK (Reuters) - Namibia and De Beers are close to concluding talks to increase to 50 percent the southern African country’s holding in the local marine unit of the world’s largest diamond producer, a De Beers spokesman said.

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Nambia and De Beers close to finalising unit talks

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