Oil steadies near $122 ahead of U.S. inventory data

May 6, 2008 on 10:54 pm | In Business News | No Comments

TOKYO (Reuters) - Oil took a breather near $122 a barrel on Wednesday ahead of key U.S. weekly inventory data, after hitting new record the previous day on supply concerns and a forecast of oil reaching over $200 a barrel within two years.

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Oil steadies near $122 ahead of U.S. inventory data

Panama eyes sale of Cable & Wireless stake

May 6, 2008 on 9:09 pm | In Business News | No Comments

PANAMA CITY (Reuters) - Panama may sell its 49 percent stake in telephone operator Cable & Wireless Panama, also owned by Cable & Wireless, the government said on Tuesday.

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Panama eyes sale of Cable & Wireless stake

Panama eyes sale of Cable & Wireless stake

May 6, 2008 on 9:09 pm | In Business News | No Comments

PANAMA CITY (Reuters) - Panama may sell its 49 percent stake in telephone operator Cable & Wireless Panama, also owned by Cable & Wireless, the government said on Tuesday.

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Panama eyes sale of Cable & Wireless stake

Panama eyes sale of Cable & Wireless stake

May 6, 2008 on 9:09 pm | In Business News | No Comments

PANAMA CITY (Reuters) - Panama may sell its 49 percent stake in telephone operator Cable & Wireless Panama, also owned by Cable & Wireless, the government said on Tuesday.

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Panama eyes sale of Cable & Wireless stake

Permanent job placements fall in April

May 6, 2008 on 7:22 pm | In Business News | No Comments

LONDON (Reuters) - The number of permanent job placements fell for the second time in three months in April as growth in vacancies for permanent staff languished at its weakest since mid-2003, a survey showed on Wednesday.

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Permanent job placements fall in April

Consumer morale hits series low in April

May 6, 2008 on 7:04 pm | In Business News | No Comments

LONDON (Reuters) - Consumer morale fell in April to its lowest since records began four years ago as confidence in the economy continues to slide, the Nationwide building society said …

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Consumer morale hits series low in April

Tesco to invest in Korea logistics centre

May 6, 2008 on 5:09 pm | In Business News | No Comments

SEOUL (Reuters) - Tesco will invest $100 million (50.6 million pounds) to set up a logistics centre in South Korea, the country’s economy ministry said on Wednesday.

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Tesco to invest in Korea logistics centre

Oil rockets to record $122 on dollar

May 6, 2008 on 4:56 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil shot to a record above $122 a barrel on Tuesday on supply worries and the weak dollar, extending a rally that has doubled prices over the past year and has some experts forecasting a potential spike to $200.

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Oil rockets to record $122 on dollar

Sprint and Clearwire to announce venture

May 6, 2008 on 4:40 pm | In Business News | No Comments

NEW YORK (Reuters) - Sprint Nextel and Clearwire Corp are close to announcing a $12 billion (6.08 billion pound) joint venture for ultra-fast wireless Internet access for mobile phones and laptop computers, The Wall Street Journal reported on its Web site on Tuesday.

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Sprint and Clearwire to announce venture

Allianz mulls purchase of E.ON grid

May 6, 2008 on 3:25 pm | In Business News | No Comments

FRANKFURT (Reuters) - German insurer Allianz is considering a purchase of German utility E.ON’s high-voltage grid, according to a report in a German daily.

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Allianz mulls purchase of E.ON grid

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