Arcelor raises stake in Macarthur coal

June 29, 2008 on 11:10 pm | In Business News | No Comments

BRUSSELS (Reuters) - ArcelorMittal said on Sunday it has increased its stake in Australian miner Macarthur Coal Ltd to 19.9 percent by buying shares from another stakeholder as part of …

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Arcelor raises stake in Macarthur coal

House prices fall for ninth month running

June 29, 2008 on 7:34 pm | In Business News | No Comments

LONDON (Reuters) - House prices in England and Wales fell for a ninth month running in June, leaving them 3.2 percent lower than a year ago, a survey by property …

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House prices fall for ninth month running

Consumer confidence hits near-record low

June 29, 2008 on 7:28 pm | In Business News | No Comments

LONDON (Reuters) - Consumer confidence in Britain slumped this month to its lowest level since March 1990, when the economy was teetering on the …

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Consumer confidence hits near-record low

Arcelor raises stake in Macarthur coa

June 29, 2008 on 6:06 pm | In Business News | No Comments

BRUSSELS (Reuters) - ArcelorMittal said on Sunday it has increased its stake in Australian miner Macarthur Coal Ltd to 19.9 percent by buying shares from another stakeholder as part of a strategy to safeguard its raw materials supply.

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Arcelor raises stake in Macarthur coa

Central bankers warn of surging inflation

June 29, 2008 on 1:15 pm | In Business News | No Comments

BASEL, Switzerland (Reuters) - Central bankers issued a stern warning on Sunday against the dangers of surging inflation, saying rising energy costs risk damaging growth in rich and poor countries alike.

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Central bankers warn of surging inflation

Santander has over 2 pct of Monte Paschi-report

June 29, 2008 on 6:26 am | In Business News | No Comments

MILAN (Reuters) - Bank Santander has over 2 percent of Banca Monte dei Paschi di Siena , the Italian mid-sized lender which bought Antonveneta bank from the Spanish giant, Il …

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Santander has over 2 pct of Monte Paschi-report

BNP head sees worst of global crisis over

June 29, 2008 on 5:02 am | In Business News | No Comments

MILAN (Reuters) - The worst of the financial crisis is over and markets should start settling from the second half of this year, the head of France’s biggest listed bank, BNP Paribas, told Italy’s La Repubblica newspaper.

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BNP head sees worst of global crisis over

BNP head sees worst of global crisis over

June 29, 2008 on 5:02 am | In Business News | No Comments

MILAN (Reuters) - The worst of the financial crisis is over and markets should start settling from the second half of this year, the head of France’s biggest listed bank, BNP Paribas, told Italy’s La Repubblica newspaper.

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BNP head sees worst of global crisis over

Ballmer becomes lone voice at Microsoft

June 29, 2008 on 4:22 am | In Business News | No Comments

SEATTLE (Reuters) - Steve Ballmer has been CEO at Microsoft Corp for eight years, but he will finally get to move into the corner office vacated by Bill Gates, the college friend who brought him to the company nearly three decades ago.

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Ballmer becomes lone voice at Microsoft

Fund bosses hope sovereign funds will plug the gap

June 29, 2008 on 3:32 am | In Business News | No Comments

LONDON (Reuters) - Top fund executives meeting in Barcelona this week will debate how to attract assets from sovereign wealth investors and the merits of absolute return funds as they face up to a tough environment of lower inflows.

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Fund bosses hope sovereign funds will plug the gap

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