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ArcelorMittal buys Macarthur Coal stake
May 20, 2008 on 10:42 pm | In Business News | No CommentsPERTH (Reuters) - ArcelorMittal , the world’s top steel maker, is in talks with Australia’s Macarthur Coal after buying a 15 percent stake in the company, setting up a possible bidding war for the A$4.4 billion (2.1 billion pound) group and pushing its shares up 14 percent.
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ArcelorMittal buys Macarthur Coal stake
HP profit margin hits 10 percent
May 20, 2008 on 9:00 pm | In Business News | No CommentsSAN FRANCISCO (Reuters) - Hewlett-Packard , the world’s biggest computer maker, on Tuesday posted a higher quarterly operating margin after cost cuts, and said strong growth abroad offset some weakness in the United States.
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HP profit margin hits 10 percent
Fiat mulls low-cost car brand
May 20, 2008 on 8:54 pm | In Business News | No CommentsTURIN, Italy (Reuters) - Italy’s Fiat is thinking about creating a new brand for a low-cost car it is developing, according to its chief executive.
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Fiat mulls low-cost car brand
Thomson named as top Wall Street Journal editor
May 20, 2008 on 8:02 pm | In Business News | No CommentsNEW YORK (Reuters) - News Corp’s Rupert Murdoch appointed Robert Thomson as the top editor of The Wall Street Journal, the company said on Tuesday, succeeding Marcus Brauchli, who resigned under pressure last month.
Lehman cutting about 1,300 jobs globally-source
May 20, 2008 on 6:17 pm | In Business News | No CommentsNEW YORK (Reuters) - Lehman Brothers Holdings is cutting roughly 1,300 positions globally, or nearly 5 percent of its work force, amid difficult market conditions, a person briefed on the matter said on Tuesday.
Lehman cutting about 1,300 jobs globally-source
May 20, 2008 on 6:17 pm | In Business News | No CommentsNEW YORK (Reuters) - Lehman Brothers Holdings is cutting roughly 1,300 positions globally, or nearly 5 percent of its work force, amid difficult market conditions, …
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Lehman cutting about 1,300 jobs globally-source
Oil hits record near $130
May 20, 2008 on 4:38 pm | In Business News | No CommentsNEW YORK (Reuters) - Crude oil prices scaled a new peak near $130 a barrel on Tuesday amid deepening worries over tight global stockpiles and signals from OPEC that no additional supplies are forthcoming to ease the crunch.
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Oil hits record near $130
Lehman cutting about 1,300 jobs globally
May 20, 2008 on 4:36 pm | In Business News | No CommentsNEW YORK (Reuters) - Lehman Brothers Holdings is cutting roughly 1,300 positions globally, or nearly 5 percent of its work force, amid difficult market conditions, a person briefed on the matter said on Tuesday.
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Lehman cutting about 1,300 jobs globally
Labour aims for more corporate tax cuts
May 20, 2008 on 3:12 pm | In Business News | No CommentsLONDON (Reuters) - Britain aims to cut corporation tax again in the long term but wants a revenue neutral package, Chancellor Alistair Darling said on Tuesday, as businesses grow increasingly critical about the UK tax burden.
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Labour aims for more corporate tax cuts
Oil leaps to new record near $130 a barrel
May 20, 2008 on 2:27 pm | In Business News | No CommentsNEW YORK (Reuters) - Crude oil prices scaled a new peak near $130 a barrel on Tuesday amid deepening worries over tight global …
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