Irish Nationwide denies talks to avoid insolvency

September 5, 2008 on 3:35 pm | In Business News | No Comments

LONDON (Reuters) - Building society Irish Nationwide denied on Friday that it was talking to its lenders to avoid insolvency.

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Irish Nationwide denies talks to avoid insolvency

Oil falls $2 to 5-month low

September 5, 2008 on 3:31 pm | In Business News | No Comments

LONDON (Reuters) - Oil prices fell to a fresh five-month low on Friday on flagging demand in the United States and other consumer nations, extending crude’s losses to 8 percent this week.

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Oil falls $2 to 5-month low

Oil falls $2 to 5-month low on economic gloom

September 5, 2008 on 12:28 pm | In Business News | No Comments

LONDON (Reuters) - Oil prices fell more than $2 on Friday to a fresh five-month low on flagging demand in the United States and other consumer nations, extending crude’s losses …

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Oil falls $2 to 5-month low on economic gloom

FTSE posts worst weekly fall in 6 years

September 5, 2008 on 12:12 pm | In Business News | No Comments

LONDON (Reuters) - Britain’s top share index ended down 2.3 percent on Friday, registering its biggest weekly fall in six years, as banks and commodity stocks fell on global economic worries after the U.S. jobless rate jumped last month.

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FTSE posts worst weekly fall in 6 years

U.S. jobless rate at 5-year high

September 5, 2008 on 11:22 am | In Business News | No Comments

WASHINGTON (Reuters) - The U.S. unemployment rate unexpectedly shot up to 6.1 percent in August, the highest in nearly five years, as employers cut …

U.S. jobless rate at 5-year high

FTSE heads for biggest weekly fall in six years

September 5, 2008 on 9:23 am | In Business News | No Comments

LONDON (Reuters) - The FTSE 100 was set for its biggest weekly fall in over six years on Friday, as jitters about the global economy hit the struggling bank sector, while falling metal and oil prices pulled commodities lower.

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FTSE heads for biggest weekly fall in six years

Morrison to top grocery growth league

September 5, 2008 on 8:39 am | In Business News | No Comments

LONDON (Reuters) - Wm Morrison Supermarkets is set to post a 19 percent rise in first-half underlying profit on Thursday and confirm it is taking market share from bigger rivals as cash-strapped shoppers flock to its lower price stores.

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Morrison to top grocery growth league

Bank urged to clarify funding support

September 5, 2008 on 8:21 am | In Business News | No Comments

LONDON (Reuters) - Pressure is building on the Bank of England to set out how it will provide funding support to Britain’s banks amid mounting concern that the end of the current scheme in six …

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Bank urged to clarify funding support

Informa consortium may lift bid slightly

September 5, 2008 on 8:09 am | In Business News | No Comments

LONDON (Reuters) - The private equity consortium rebuffed in its bid for publishing group Informa could return with a slightly higher offer, a source close to the situation told Reuters on Friday.

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Informa consortium may lift bid slightly

FTSE may see biggest weekly fall in 6 years

September 5, 2008 on 8:07 am | In Business News | No Comments

LONDON (Reuters) - The FTSE 100 was set for its biggest weekly fall in over six years on Friday, as jitters about the global economy hit the struggling bank sector, while falling metal and oil prices pulled commodities lower.

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FTSE may see biggest weekly fall in 6 years

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