Government bond prices tumble

June 1, 2008 on 11:01 pm | In Business News | No Comments

HONG KONG (Reuters) - Japanese government bond prices dropped on Monday, hit by negative sentiment ahead of auctions this week and with global inflation on the rise, while oil prices held steady above $127 a barrel. Asian stocks edged higher.

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Government bond prices tumble

Oil steady at $127

June 1, 2008 on 7:43 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil prices were little changed below $128 a barrel on Monday, with traders tracking the dollar for direction as fleeting Tropical Storm Arthur marked the start of the Atlantic hurricane season, shutting two Mexican oil ports.

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Oil steady at $127

Manufacturers show solid growth in Q2

June 1, 2008 on 7:02 pm | In Business News | No Comments

LONDON (Reuters) - Manufacturing output and orders rose in the second quarter of 2008 in a sign the sector is not suffering unduly from the economic slowdown caused by the global credit crunch, a survey showed on Monday.

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Manufacturers show solid growth in Q2

Alstom mulling Rolls Royce tie-up

June 1, 2008 on 6:57 pm | In Business News | No Comments

PARIS (Reuters) - French engineering group Alstom is mulling a tie-up with engine maker Rolls-Royce Group , according to the French business daily Les Echos.

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Alstom mulling Rolls Royce tie-up

Italy car sales down almost 20 percent in May

June 1, 2008 on 5:59 pm | In Business News | No Comments

TRENTO, Italy (Reuters) - New car sales in Italy dropped by almost 20 percent in May compared with a year earlier, the chief executive of Italian carmaker Fiat said on Sunday.

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Italy car sales down almost 20 percent in May

B&B to get cash boost from Texas Pacific -BBC

June 1, 2008 on 5:45 pm | In Business News | No Comments

LONDON (Reuters) - Mortgage bank Bradford & Bingley will announce a 400 million pound cash injection on Monday to support its balance sheet, including 150 million from U.S. private equity group Texas …

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B&B to get cash boost from Texas Pacific -BBC

Alstom reportedly mulling Rolls Royce tie-up

June 1, 2008 on 5:42 pm | In Business News | No Comments

PARIS (Reuters) - French engineering group Alstom is mulling a tie-up with British engine maker Rolls-Royce Group , according to the French business daily Les Echos.

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Alstom reportedly mulling Rolls Royce tie-up

Ryanair FY earnings seen up 18 percent

June 1, 2008 on 4:14 pm | In Business News | No Comments

DUBLIN (Reuters) - Ryanair is set to post an 18 percent rise in full-year net profit next week but analysts expect high oil prices and economic weakness to hit the earnings of Europe’s largest low-cost carrier in 2008/2009.

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Ryanair FY earnings seen up 18 percent

ECB still an enigma to the public after 10 years

June 1, 2008 on 2:50 pm | In Business News | No Comments

FRANKFURT (Reuters) - Most ten-year-olds want a new bicycle or the latest must-have toy for their birthday but the European Central Bank, which reaches its tenth anniversary on Monday, is more like a teenager craving to be understood.

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ECB still an enigma to the public after 10 years

Report says General Motors share price could triple

June 1, 2008 on 1:44 pm | In Business News | No Comments

NEW YORK (Reuters) - Shares of U.S. automaker General Motors Corp could triple over the next few years as the company’s foreign sales are climbing and its labor costs are falling, weekly business newspaper Barron’s said in its June 2 issue.

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