Oil rises as eyes back on Iran-Israel row
June 30, 2008 on 10:45 pm | In Business News | No CommentsSINGAPORE (Reuters) - Oil rose on Tuesday after slipping from a record above $143 a day ago, as tension surrounding Iran’s nuclear programme returned to focus and outweighed concerns over eroding U.S. demand.
Banks unlikely to pre-fund scheme
June 30, 2008 on 8:31 pm | In Business News | No CommentsLONDON (Reuters) - Banks are unlikely to have to come up with money upfront to fund a compensation scheme for victims of bank failures under reforms to be announced by the Treasury later on Tuesday.
U.S. seeks court order for UBS bank records
June 30, 2008 on 8:18 pm | In Business News | No CommentsWASHINGTON (Reuters) - The U.S. Justice Department said on Monday it asked a federal court in Miami to authorize the Internal Revenue Service to request information from UBS AG about U.S. taxpayers who may be using Swiss bank accounts to evade federal income taxes.
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U.S. seeks court order for UBS bank records
Chrysler to shut minivan plant as sales slump
June 30, 2008 on 8:09 pm | In Business News | No CommentsDETROIT (Reuters) - Chrysler will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in a sign of the automaker’s troubles with a market reeling from record gas prices.
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Chrysler to shut minivan plant as sales slump
Yahoo questions how serious Microsoft was on deals
June 30, 2008 on 7:50 pm | In Business News | No CommentsNEW YORK/SAN FRANCISCO (Reuters) - Yahoo on Monday sought to rally shareholder support in the face of a proxy battle with billionaire Carl Icahn, saying the activist investor had an “ill-defined plan” for the future of the …
Goldman adds Mittal to board and new “hurdles”
June 30, 2008 on 7:44 pm | In Business News | No CommentsNEW YORK (Reuters) - Goldman Sachs Group said on Sunday it had added ArcelorMittal SA Chairman Lakshmi Mittal to its board, gaining the help of one of the world’s richest men but also creating hurdles for its bankers to overcome to avoid conflicts of interest.
Global stocks close dismal first half
June 30, 2008 on 7:03 pm | In Business News | No CommentsNEW YORK (Reuters) - The worldwide credit crisis that burst onto investors’ radar screens nearly a year ago wiped out some $3.3 trillion (1.66 trillion pounds) in wealth from global stock market wealth in the first half of this year, and optimism for a second-half recovery is fading fast.
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Global stocks close dismal first half
Manitowoc wins Enodis auction with $2.7 billion bid
June 30, 2008 on 6:45 pm | In Business News | No CommentsCHICAGO (Reuters) - Manitowoc Inc said on Monday it had beat out Illinois Tool Works Inc (ITW) in the official auction for British kitchen equipment maker Enodis .
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Manitowoc wins Enodis auction with $2.7 billion bid
Oil slips from record $143 on U.S. demand worries
June 30, 2008 on 3:44 pm | In Business News | No CommentsNEW YORK (Reuters) - Oil slipped from a record high above $143 a barrel on Monday as weak U.S. demand countered mounting tensions between OPEC nation Iran and Israel.
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Oil slips from record $143 on U.S. demand worries
FTSE ends session higher on oil
June 30, 2008 on 12:48 pm | In Business News | No CommentsLONDON (Reuters) - The top share index ended 1.7 percent higher on Monday, with oil stocks gaining on a record high crude price and miners, led by Anglo American , advancing on firmer metals.
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