Oil near $120 on oil pipeline blast

August 7, 2008 on 11:40 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil held broadly steady at near $120 a barrel on Friday, rebounding from three-month lows due to an attack on a one million barrel per day pipeline in Turkey, but bearish demand sentiment prevailed.

See the original post:
Oil near $120 on oil pipeline blast

Pound hits 17-month low as dollar rally broadens

August 7, 2008 on 11:02 pm | In Business News | No Comments

TOKYO (Reuters) - The dollar extended broad gains against major currencies on Friday, with sterling tumbling to a 17-month low as mounting signs of a global slowdown prompted investors to dump major currencies in favour of the greenback.

More here:
Pound hits 17-month low as dollar rally broadens

U.S. dollar rallies on dim global growth outlook

August 7, 2008 on 10:39 pm | In Business News | No Comments

HONG KONG (Reuters) - The U.S. dollar rose sharply to a five-month high against the euro and Asian stocks fell on Friday, as investors expected the …

Original post:
U.S. dollar rallies on dim global growth outlook

Wal-Mart eyes expansion for Marketside stores

August 7, 2008 on 9:31 pm | In Business News | No Comments

NEW YORK (Reuters) - Wal-Mart Stores says its new Marketside stores could expand to a chain of more than 1,000 stores with more than $10 billion (5.1 billion pounds) in annual sales, the Financial Times reported, citing a job posting for the retailer, which the FT said was subsequently removed.

Go here to see the original:
Wal-Mart eyes expansion for Marketside stores

Official confirms looking at property tax

August 7, 2008 on 7:18 pm | In Business News | No Comments

LONDON (Reuters) - The government confirmed on Thursday that a property tax is one of the tools it may use to try to kick-start the country’s sliding housing market.

View original here:
Official confirms looking at property tax

Citigroup and Merrill to buy back auction-rate debt

August 7, 2008 on 7:08 pm | In Business News | No Comments

NEW YORK (Reuters) - Citigroup and Merrill Lynch said they would buy back billions of dollars of illiquid auction-rate securities from retail clients, and Citigroup agreed to pay a $100 million fine to settle charges it fraudulently misled investors about the debt’s risk.

Read more from the original source:
Citigroup and Merrill to buy back auction-rate debt

Citi to return billions to auction-rate investors

August 7, 2008 on 5:49 pm | In Business News | No Comments

NEW YORK (Reuters) - Citigroup agreed to buy back more than $7 billion (3.6 billion pounds) of illiquid auction-rate securities and pay a $100 million fine to settle charges it …

Read the original:
Citi to return billions to auction-rate investors

Oil rises on pipeline fire in Turkey

August 7, 2008 on 4:10 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil rose on Thursday on expectations a one million barrel per day pipeline that was attacked by Kurdish separatists in Turkey could remain shut for up to two weeks.

Here is the original:
Oil rises on pipeline fire in Turkey

Citigroup to return billions to auction-rate investors

August 7, 2008 on 3:28 pm | In Business News | No Comments

NEW YORK (Reuters) - Citigroup agreed to buy back more than $7 billion (3.6 billion pounds) of illiquid auction-rate securities and pay a $100 million fine to settle charges it fraudulently misled investors about the debt’s risk.

Read more from the original source:
Citigroup to return billions to auction-rate investors

Vale looks for smaller targets

August 7, 2008 on 3:06 pm | In Business News | No Comments

SAO PAULO (Reuters) - Mining giant Vale is bullish on demand, despite fears of an economic slowdown, and plans to improve the company’s market position by combining small to medium-sized acquisitions with internal growth, the company’s chief executive said on Thursday.

Original post:
Vale looks for smaller targets

Next Page »

Entries and comments feeds. Valid XHTML and CSS

Copyright Galaxy Visions Group