Dollar holds gains after Fed as oil falls

June 3, 2008 on 11:07 pm | In Business News | No Comments

SINGAPORE (Reuters) - The dollar held onto big overnight gains on Wednesday and oil prices continued to inch down, giving some support to Asian stocks and helping them recover from fresh concerns …

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Dollar holds gains after Fed as oil falls

Oil extends losses ahead of oil stocks data

June 3, 2008 on 10:51 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil fell below $124 a barrel on Wednesday, extending losses triggered by a rallying dollar as traders awaited U.S. data expected to show rising oil stocks.

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Oil extends losses ahead of oil stocks data

Gas blast threatens Australia mine operations

June 3, 2008 on 10:32 pm | In Business News | No Comments

MELBOURNE (Reuters) - Australia’s biggest mining state of Western Australia lost a third of its gas supplies on Wednesday, with the operator of a gas plant hit by an explosion declaring force majeure to its major customers.

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Gas blast threatens Australia mine operations

Yahoo sets August 1 date for annual meeting

June 3, 2008 on 10:04 pm | In Business News | No Comments

SAN FRANCISCO/NEW YORK (Reuters) - Yahoo on Tuesday set its annual shareholder meeting on for August 1 in the heart of Silicon Valley, as it braced for a showdown with billionaire activist investor Carl Icahn, who is mounting a proxy …

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Yahoo sets August 1 date for annual meeting

BHP says mines normal after Apache gas blast

June 3, 2008 on 8:09 pm | In Business News | No Comments

MELBOURNE (Reuters) - BHP Billiton , the world’s top miner, said its Western Australian mines were operating normally after an explosion cut natural gas supplies from an offshore plant.

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BHP says mines normal after Apache gas blast

Consumer mood sours further in May

June 3, 2008 on 7:10 pm | In Business News | No Comments

LONDON (Reuters) - Consumer confidence fell further in May as people got even gloomier about the current state of the economy, a survey showed on Wednesday.

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Consumer mood sours further in May

Permanent jobs placements fall again

June 3, 2008 on 7:10 pm | In Business News | No Comments

LONDON (Reuters) - Permanent job placements in Britain fell for the second month in May and vacancies grew at the slowest pace in five years, a survey showed on Wednesday, in a sign the weakening economy is now hitting the labour market.

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Permanent jobs placements fall again

Oil falls more than $3 as U.S. Fed warns on inflation

June 3, 2008 on 4:13 pm | In Business News | No Comments

HOUSTON (Reuters) - Oil fell more than $3 a barrel on Tuesday after the U.S. Federal Reserve issued a rare warning on the inflationary risk posed by a weak dollar, suggesting the central bank is not likely to cut interest rates further this year.

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Oil falls more than $3 as U.S. Fed warns on inflation

GM to close four plants and may unload Hummer

June 3, 2008 on 4:08 pm | In Business News | No Comments

WILMINGTON, Del (Reuters) - General Motors Corp said on Tuesday it is closing four truck plants employing 10,000 workers and could sell its Hummer brand in a rushed response to higher gasoline prices that …

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GM to close four plants and may unload Hummer

Oil falls $3 as U.S. Fed warns on inflation

June 3, 2008 on 2:36 pm | In Business News | No Comments

HOUSTON (Reuters) - Oil fell more than $3 a barrel on Tuesday after the U.S. Federal Reserve issued a rare warning on the inflationary risk posed by a weak dollar, suggesting the central bank is not likely to cut interest rates further this year.

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Oil falls $3 as U.S. Fed warns on inflation

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