Galaxy Visions Group

Asia stocks up for 7th day

HONG KONG (Reuters) - Asian stocks edged up for a seventh day on Monday, building on last week’s solid gains, as investors took heart from aggressive central bank efforts to revive economic growth even as incoming data were grim.

Company Information

More:
Asia stocks up for 7th day

Samsung and LG cut 2009 handset sale targets

SEOUL (Reuters) - South Korean mobile phone makers Samsung Electronics and LG Electronics have cut their 2009 sales targets as a global downturn spreads, Maeil Business Newspaper reported on Monday, citing brokerage sources.

Read more here:
Samsung and LG cut 2009 handset sale targets

Stimulus all the rage except for Germany

PARIS (Reuters) - As recession extends its tentacles across the globe, it is getting hard just to track the hundreds of billions of dollars governments are throwing or promising to throw at the problem.

See the original post:
Stimulus all the rage except for Germany

House prices down 8.1 pct yy

LONDON (Reuters) - House prices in England and Wales fell by 1.1 percent in November to take them 8.1 percent lower on a year ago, property consultancy Hometrack said in its monthly survey on Monday.

Source:
House prices down 8.1 pct yy

Manufacturers face toughest year in 2 decades

LONDON (Reuters) - The outlook for British manufacturers has deteriorated significantly over the last quarter, a survey showed on Monday, warning conditions in 2009 are set to be some of the toughest for two decades.

Source:
Manufacturers face toughest year in 2 decades

Yahoo and Virgin agree British mobile search deal

LONDON (Reuters) - Yahoo and Virgin Mobile have agreed a deal making Yahoo search the exclusive pre-installed search service for Virgin’s 4 million mobile subscribers in Britain, the two companies said on Monday.

Credit:
Yahoo and Virgin agree British mobile search deal

Prospects of $45 bln loan for Roche receding

LONDON (Reuters) - The prospects of Swiss drugmaker Roche raising a $45 billion (29.3 billion pound) syndicated loan to finance the buyout of the rest of U.S. biotech group Genentech are becoming increasingly remote.

Go here to read the rest:
Prospects of $45 bln loan for Roche receding

Flybe in talks to buy bmi regional and bmi baby

LONDON (Reuters) - Airline Flybe is in talks to buy British Midland’s subsidiary operations bmi regional and bmi baby, the Mail on Sunday reported.

See the original post here:
Flybe in talks to buy bmi regional and bmi baby

Stimulus all the rage, bar Germany

PARIS (Reuters) - As recession extends its tentacles across the globe, it is getting hard just to track the hundreds of billions of dollars governments are throwing or promising to throw at the problem.

Company Information

Read more from the original source:
Stimulus all the rage, bar Germany

U.S. holiday sales view still weak after weekend rush

NEW YORK (Reuters) - U.S. consumers sought bargains on toys, clothes and electronics as holiday shopping kicked off this weekend, but an early rush to stores was slower this year and was not likely to change a weak outlook for the season, analysts said on Sunday.

Excerpted from:
U.S. holiday sales view still weak after weekend rush