Galaxy Visions Group

“Law and Order” court preps for Clear Channel trial

NEW YORK (Reuters) - The iconic New York State Supreme Court house, a popular backdrop for movies and television shows, was busy preparing for Monday’s showdown over the $20 billion (10.2 billion pound) buyout of Clear Channel Communications

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“Law and Order” court preps for Clear Channel trial

Oil hits record $126 on supply worry and fund buying

NEW YORK (Reuters) - Oil jumped to a record above $126 a barrel on Friday, extending gains to more than 11 percent since the start of the month on fuel supply concerns and a rush of …

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Oil hits record $126 on supply worry and fund buying

Citigroup aims to shed $400 billion of assets

NEW YORK (Reuters) - Citigroup Inc said on Friday it plans to shed $400 billion (205 billion pounds) of assets within three years and boost revenue by up to 10 percent annually, in a bid to restore profitability after huge losses tied to flagging mortgage and credit markets.

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Citigroup aims to shed $400 billion of assets

Oil hits record over $126 a barrel

NEW YORK (Reuters) - Oil jumped to a new intraday record of $126.20 a barrel on Friday, extending gains to more than 11 percent since the start of the month on fuel supply concerns and a …

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Oil hits record over $126 a barrel

Microsoft appeals against EU fine

BRUSSELS (Reuters) - Microsoft said on Friday it was appealing against a record 899 million euro (713 million pounds) fine imposed by the European Commission for using high prices to discourage software competition.

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Microsoft appeals against EU fine

Kerkorian launches tender offer for Ford shares

DETROIT (Reuters) - Billionaire investor Kirk Kerkorian on Friday launched a planned tender offer to add to a stake in Ford he called an “attractive investment,” and not one he acquired to influence the automaker.

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Kerkorian launches tender offer for Ford shares

EDF has bid alone for British Energy

LONDON (Reuters) - French utility EDF has submitted a takeover proposal for UK nuclear generator British Energy , sources familiar with the matter said on Friday.

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EDF has bid alone for British Energy

Banks and miners drag FTSE down

LONDON (Reuters) - The top share index shed 1.05 percent on Friday for its first weekly fall in a month, as a hefty …

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Banks and miners drag FTSE down

Microsoft to appeal against EU fine

BRUSSELS (Reuters) - Microsoft said on Friday it would appeal against an 899 million euros (713 million pounds) fine imposed by the European Commission for using high prices to discourage software competition.

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Microsoft to appeal against EU fine

Oil ebbs a little from record high

LONDON (Reuters) - Oil hit a new peak above $126 on Friday, the fifth straight session of record gains, in a market given an additional spur by tight supplies of diesel.

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Oil ebbs a little from record high