Ghana parliament delays Vodafone decision

July 18, 2008 on 5:31 pm | In Business News | No Comments

ACCRA (Reuters) - Ghana’s parliament delayed on Friday a decision on a deal that would allow Vodaphone Group buy a 70 percent stake in Ghana Telecom, the country’s third largest mobile phone operator.

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Ghana parliament delays Vodafone decision

More charges possible in Bear Stearns case

July 18, 2008 on 3:47 pm | In Business News | No Comments

NEW YORK (Reuters) - The U.S. government is considering bringing further criminal charges in the case involving two former Bear Stearns executives indicted last month related to the collapse of two hedge funds they oversaw, a federal prosecutor said on Friday.

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More charges possible in Bear Stearns case

Oil extends slide and falls below $129

July 18, 2008 on 3:39 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil fell to below $129 a barrel on Friday, extending a slide that has knocked nearly 13 percent off last week’s record peak on easing tension between Iran and the West and growing demand concerns.

Oil extends slide and falls below $129

Oil rises as weather concerns stem slide

July 18, 2008 on 2:21 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil rose on Friday, stemming a 12 percent fall from last week’s record high, on threats a developing Caribbean weather system could hit the energy-rich Gulf of Mexico.

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Oil rises as weather concerns stem slide

Citigroup losses better than expected

July 18, 2008 on 2:07 pm | In Business News | No Comments

NEW YORK (Reuters) - Citigroup posted a smaller-than-expected quarterly loss, despite $11.7 billion (5.85 billion pounds) of write-downs and credit losses tied to deteriorating capital markets and a slumping economy.

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Citigroup losses better than expected

FTSE gains as Citi results buoy banks

July 18, 2008 on 12:19 pm | In Business News | No Comments

LONDON (Reuters) - Blue-chip stocks rose on Friday as banks rebounded after better-than-expected results from U.S. bank Citigroup in the choppiest …

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FTSE gains as Citi results buoy banks

Oil up $1 after fall on easing Iran tension

July 18, 2008 on 12:17 pm | In Business News | No Comments

LONDON (Reuters) - Oil prices rose a dollar on Friday, reversing a little of the sharp fall of this week.

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Oil up $1 after fall on easing Iran tension

Air show marks end of order boom

July 18, 2008 on 11:19 am | In Business News | No Comments

FARNBOROUGH (Reuters) - A $40 billion (20 billion pound) spree by Gulf oil states prevented aircraft orders from going into freefall at this week’s Farnborough Airshow but left little for Airbus and Boeing to scrap over for the rest of the year.

Air show marks end of order boom

HBOS share rally comes too late for rights issue

July 18, 2008 on 11:17 am | In Business News | No Comments

LONDON (Reuters) - A rally in HBOS shares came too late on Friday to encourage investors to take up the lender’s planned 4 billion pound ($8 billion) cash call, but could …

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HBOS share rally comes too late for rights issue

Slim demand for Barclays offer gives Qatar pct stake

July 18, 2008 on 10:33 am | In Business News | No Comments

LONDON (Reuters) - Qatari and Asian investors will provide the bulk of Barclays’ 4.5 billion pound fundraising after the British bank said on Friday less than a fifth of its existing shareholders signed up to buy shares.

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Slim demand for Barclays offer gives Qatar pct stake

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