Galaxy Visions Group

BG backs Origin role in Australia state power sale

PERTH (Reuters) - Gas producer BG Group will support Origin’s participation in the upcoming privatisation of New South Wales’ power assets, if it succeeds in a takeover plan, the Australian state’s government said on Thursday.

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BG backs Origin role in Australia state power sale

News Corp sees U.S. economy hurting advertising

NEW YORK (Reuters) - Rupert Murdoch said on Wednesday stress in the U.S. economy is squeezing advertising budgets, adding that News Corp’s Fox Interactive Media would miss an ambitious $1 billion (513 miliion pound) annual revenue goal by 10 percent.

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News Corp sees U.S. economy hurting advertising

Pension buyouts could hit 10 billion

LONDON (Reuters) - The value of pension buyout deals could hit 10 billion pounds in 2008, a three-fold increase on last year, a report by pensions advisory firm Lane Clarke & Peacock (LCP) said on Thursday.

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Pension buyouts could hit 10 billion

NY judge orders trial in Clear Channel buyout fight

NEW YORK (Reuters) - A New York state judge said on Wednesday a dispute over financing the $20 billion (10.25 billion pound) buyout of Clear Channel Communications would go to trial on a breach of contract claim filed against six banks, according to a court filing.

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NY judge orders trial in Clear Channel buyout fight

BoE set to hold fire on rates for now

LONDON (Reuters) - The Bank of England looks set to keep interest rates at 5 percent this week before cutting them next month for a fourth time since December to shore up an economy buffeted by the global credit crunch.

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BoE set to hold fire on rates for now

Pension buyouts could hit 10 billion pounds in 08

LONDON (Reuters) - The value of pension buyout deals could hit 10 billion pounds in 2008, a three-fold increase on last year, a report by pensions advisory firm Lane Clarke & Peacock (LCP) said on Thursday.

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Pension buyouts could hit 10 billion pounds in 08

Oil surges to new highs as dealers focus on diesel

NEW YORK (Reuters) - Oil prices rose 1.4 percent on Wednesday, extending further into record territory amid intensifying worries over tight world supplies of diesel fuel.

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Oil surges to new highs as dealers focus on diesel

News Corp profit rises on cable and TV ratings

NEW YORK (Reuters) - Rupert Murdoch’s News Corp said on Wednesday its quarterly net profit rose three-fold on higher advertising sales at the Fox TV network and Fox News Channel, as well as a one-time gain from its stock swap with Liberty Media .

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News Corp profit rises on cable and TV ratings

Panama sells Claro and Digicel mobile licenses

PANAMA CITY (Reuters) - Panama awarded Irish-backed Digicel Panama and Claro Panama, a unit of billionaire Carlos Slim’s America Movil, concessions to run new mobile phone networks on Wednesday.

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Panama sells Claro and Digicel mobile licenses

Oil surges to $123 a barrel

NEW YORK (Reuters) - Oil prices rose more than a dollar Wednesday to over $123 a barrel, extending further into record territory as worries over tight world supplies of diesel outweighed a boost in U.S. crude stocks.

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Oil surges to $123 a barrel