Asian stocks hit 4-month highs

May 4, 2008 on 11:26 pm | In Business News | No Comments

SINGAPORE (Reuters) - Asian stocks rose to their strongest in nearly four months on Monday and the dollar held on to most of last week’s gains after jobs data suggested the U.S. economic slowdown may not be as …

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Asian stocks hit 4-month highs

TNS rejects WPP offer

May 4, 2008 on 10:32 pm | In Business News | No Comments

NEW YORK (Reuters) - Market research firm Taylor Nelson Sofres has rejected an unsolicited proposal from advertising group WPP to buy it for 950 million pounds, it said on its Web site on Sunday.

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TNS rejects WPP offer

Risks mount for stressed traders as markets gyrate

May 4, 2008 on 8:52 pm | In Business News | No Comments

LONDON (Reuters) - Increased volatility grips stock markets, big investment banks tot up losses from a credit market seizure and jobs are slashed — being a trader has seldom been more stressful.

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Risks mount for stressed traders as markets gyrate

Focus on Europe rates as economy slows

May 4, 2008 on 11:11 am | In Business News | No Comments

LONDON (Reuters) - Europe will be a major focus of investors’ attention this week as the European Central Bank and Bank of England meet separately to discuss interest rates against a backdrop of declining economic strength.

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Focus on Europe rates as economy slows

Bankinter seeks to buy RBS out of Spanish JV

May 4, 2008 on 9:20 am | In Business News | No Comments

LONDON (Reuters) - Spain’s Bankinter has approached Royal Bank of Scotland about buying its stake in the Linea Directa 50-50 joint venture, …

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Bankinter seeks to buy RBS out of Spanish JV

Daimler mulls Jaguar and Land Rover cooperation

May 4, 2008 on 8:02 am | In Business News | No Comments

FRANKFURT (Reuters) - Daimler Chief Executive Dieter Zetsche would be interested in a cooperation with carmakers Jaguar and Land Rover, according to a report in a German trade magazine.

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Daimler mulls Jaguar and Land Rover cooperation

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