Stocks up as oil dips for fourth straight session

June 17, 2008 on 11:53 pm | In Business News | No Comments

SINGAPORE (Reuters) - Asian shares edged up on Wednesday to extend a fragile two-day rise, as oil dipped for the fourth straight session, signalling lower costs for firms following a plan by top exporter Saudia Arabia to raise crude output.

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Stocks up as oil dips for fourth straight session

Oil extends fall on Saudi output plan

June 17, 2008 on 11:37 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil fell for a fourth day on Wednesday, as more investors appeared convinced that top exporter Saudi Arabia’s plan to boost supply could tame prices.

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Oil extends fall on Saudi output plan

Google sees benefits in Yahoo “experiment”

June 17, 2008 on 10:45 pm | In Business News | No Comments

SEOUL (Reuters) - Internet service leader Google Inc believes its recent advertising deal with Yahoo Inc will be beneficial as Yahoo tries to become more profitable, a key Google executive said on Wednesday.

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Google sees benefits in Yahoo “experiment”

Major U.S. airlines see billion pound loss in 2008

June 17, 2008 on 5:18 pm | In Business News | No Comments

WASHINGTON (Reuters) - U.S. airlines projected on Tuesday they could lose $10 billion (5.11 billion pounds) in 2008 due to skyrocketing fuel costs, a sum that would almost match the industry’s worst-ever year loss in 2002.

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Major U.S. airlines see billion pound loss in 2008

U.S. stocks slip on revived credit fears

June 17, 2008 on 4:39 pm | In Business News | No Comments

NEW YORK (Reuters) - The American housing slump and global credit crunch came back to haunt investors on Tuesday, pushing U.S. …

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U.S. stocks slip on revived credit fears

Major U.S. airlines see $10 billion loss in 2008

June 17, 2008 on 4:06 pm | In Business News | No Comments

WASHINGTON (Reuters) - Major U.S. airlines projected on Tuesday they could lose $10 billion (5.11 billion pounds) in 2008 due to skyrocketing fuel costs, …

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Major U.S. airlines see $10 billion loss in 2008

Oil falls on Saudi output hike plan

June 17, 2008 on 3:34 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices slipped from record highs on Tuesday on plans by top exporter Saudi Arabia to increase crude output to help curb soaring fuel costs.

Oil falls on Saudi output hike plan

InBev CEO says 33 pounds a share for Busch is top offer

June 17, 2008 on 3:00 pm | In Business News | No Comments

WASHINGTON (Reuters) - The head of Belgian brewer InBev NV visited Capitol Hill on Tuesday to promote his company’s takeover of Anheuser-Busch Cos Inc to sceptical lawmakers and told reporters that the 33 pound ($65) per share offer is the highest it would bid.

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InBev CEO says 33 pounds a share for Busch is top offer

Hershey cuts profit goal to focus on major brands

June 17, 2008 on 2:49 pm | In Business News | No Comments

CHICAGO (Reuters) - Hershey Co cut its long-term earnings growth target on Tuesday and laid out a strategic plan to boost its biggest U.S. brands with more advertising and greater focus on popular candies.

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Hershey cuts profit goal to focus on major brands

FTSE ends higher as banks and miners lead

June 17, 2008 on 1:36 pm | In Business News | No Comments

LONDON (Reuters) - The FTSE share index ended 1.2 percent higher on Tuesday, as results from the largest U.S. investment bank Goldman Sachs helped lift banking stocks, while firm commodity prices boosted the mining and oil sectors.

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FTSE ends higher as banks and miners lead

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