Oil down 1 percent ahead of vote

November 3, 2008 on 11:59 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil fell 1 percent on Tuesday after shedding nearly $4 the previous session on renewed fears of economic recession, with investors unwilling to place big bets before the U.S. presidential election.

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Oil down 1 percent ahead of vote

Stocks and dollar may see election boost

November 3, 2008 on 9:56 pm | In Business News | No Comments

HONG KONG (Reuters) - Japan’s Nikkei index rose nearly 4 percent on Tuesday, as exporters gained on the yen’s recent weakness, …

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Stocks and dollar may see election boost

Oil holds near $64 on standstill ahead of U.S. vote

November 3, 2008 on 8:28 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil was little changed on Tuesday after falling nearly 6 percent the previous session on renewed fears of economic recession, as investors were unwilling to place big bets before the U.S. presidential election.

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Oil holds near $64 on standstill ahead of U.S. vote

UK names head of agency to manage bank stakes

November 3, 2008 on 3:24 pm | In Business News | No Comments

LONDON (Reuters) - Britain said the chairman of supermarket chain J Sainsbury, Philip Hampton, will oversee a new government holding company to own stakes in major high street banks, details of which were unveiled on Monday.

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UK names head of agency to manage bank stakes

Recession rears ugly head as woes persist

November 3, 2008 on 2:09 pm | In Business News | No Comments

NEW YORK (Reuters) - Corporate results and outlooks worsened on Monday, and automotive companies from Japan to Italy to Detroit said October sales were the weakest in about 20 years as economies continued to weaken and consumer credit, and available cash, dried up.

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Recession rears ugly head as woes persist

FTSE ends up 1.5 percent

November 3, 2008 on 1:53 pm | In Business News | No Comments

LONDON (Reuters) - The FTSE ended 1.5 percent higher on Monday, lifted by gains in commodity stocks, which offset a dip in embattled banking stocks that were pressured by worries about Barclays’ fundraising.

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FTSE ends up 1.5 percent

Oil drops 5 percent on slumping demand

November 3, 2008 on 1:38 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil fell over 5 percent on Monday as further indicators of falling global demand linked to a potential recession offset OPEC plans to reign in output.

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Oil drops 5 percent on slumping demand

KKR delays listing as crisis bites

November 3, 2008 on 1:30 pm | In Business News | No Comments

AMSTERDAM/NEW YORK (Reuters) - Kohlberg Kravis Roberts delayed plans to go public after its Amsterdam-listed affiliate suffered big investment losses, the latest blow to the buyout firm’s initial public offering plans from the credit crisis.

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KKR delays listing as crisis bites

CORRECTED - European and U.S. banks suffer

November 3, 2008 on 12:32 pm | In Business News | No Comments

(Corrects paragraph 10 to say that Midwest Banc Holdings would sell preferred shares to the U.S. Treasury in return for $85.5 million (54 million pounds) of capital)

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CORRECTED - European and U.S. banks suffer

Oil falls below $66 on demand concerns

November 3, 2008 on 11:57 am | In Business News | No Comments

LONDON (Reuters) - Oil fell below $66 a barrel on Monday as traders shifted their focus back to slowing global energy demand linked to the financial crisis.

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Oil falls below $66 on demand concerns

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