Oil bounces back

September 11, 2008 on 11:03 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil prices recovered to above $101 a barrel on Friday, as the markets kept a watchful eye on the …

View post:
Oil bounces back

Lehman seen in sale talks as survival questioned

September 11, 2008 on 7:45 pm | In Business News | No Comments

NEW YORK (Reuters) - Lehman Brothers Holdings was forced into talks about a possible sale after the Wall Street investment bank’s shares plunged more than 40 percent on Thursday, raising questions about its survival.

More here:
Lehman seen in sale talks as survival questioned

Glaxo creates new cancer drug group in revamp

September 11, 2008 on 7:28 pm | In Business News | No Comments

LONDON (Reuters) - GlaxoSmithKline is creating a new cancer-focused research and development group, marking a realignment of its R&D machine, the world’s …

Glaxo creates new cancer drug group in revamp

Oil falls toward $100

September 11, 2008 on 2:17 pm | In Business News | No Comments

LONDON (Reuters) - Oil prices fell toward $100 on Thursday as a stronger dollar and concerns over weakening global energy demand offset supply disruptions in the United States caused by Hurricane Ike.

Originally posted here:
Oil falls toward $100

Rio plans major rise in 2009 spot iron ore sales

September 11, 2008 on 2:15 pm | In Business News | No Comments

LONDON (Reuters) - Miner Rio Tinto will not agree any more traditional iron ore contracts on a benchmark basis and plans a “significant” increase in spot market sales next year, a senior executive told Reuters on Thursday.

Read more from the original source:
Rio plans major rise in 2009 spot iron ore sales

Postbank sale to Deutsche Bank imminent

September 11, 2008 on 1:50 pm | In Business News | No Comments

FRANKFURT/MADRID (Reuters) - Germany’s second giant bank deal this month neared a climax on Thursday with Deutsche Bank poised to take a minority stake in Deutsche Postbank despite a rival bid from Spain’s Santander .

Originally posted here:
Postbank sale to Deutsche Bank imminent

Alitalia unions in final talks

September 11, 2008 on 1:42 pm | In Business News | No Comments

ROME (Reuters) - An Italian investor group leading a bailout of Alitalia held make-or-break talks with the bankrupt carrier’s unions on Thursday, as protests by airline workers disrupted traffic and cancelled 50 flights.

Here is the original:
Alitalia unions in final talks

Lehman survival questioned on scramble to sell assets

September 11, 2008 on 1:20 pm | In Business News | No Comments

NEW YORK (Reuters) - Lehman Brothers’ survival was called into question as its chief executive scrambled to sell assets to cover losses from toxic real estate investments, sending shares down as much as 46 percent.

View original here:
Lehman survival questioned on scramble to sell assets

FTSE ends down on banks

September 11, 2008 on 12:15 pm | In Business News | No Comments

LONDON (Reuters) - The top share index fell for the third day in a row on Thursday, down 0.9 percent as ongoing credit worries hit banks and Morrison Supermarkets eased after half-year results.

FTSE ends down on banks

Big Pharma set for costly shopping spree

September 11, 2008 on 11:25 am | In Business News | No Comments

LONDON (Reuters) - The existing drugs aren’t working, so big pharmaceutical companies are set to step up the hunt for assets to buy in promising fields like biotechnology, as well as non-prescription areas of healthcare.

See more here:
Big Pharma set for costly shopping spree

Next Page »

Entries and comments feeds. Valid XHTML and CSS

Copyright Galaxy Visions Group