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- Oil bounces above $127 after earlier losses
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LONDON (Reuters) - Oil prices bounced back above $127 a barrel on Friday after a U.S. regulatory probe made dealers wary and participants squared accounts on the last trading day of the month.
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30 May, 2008| massmedia |
Comments (0) @ 8:16
- SocGen investment bank chief said to be replaced
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PARIS (Reuters) - The top executive at Societe Generale’s investment banking unit, Jean-Pierre Mustier, is being replaced in the wake of the French bank’s rogue trading scandal, two banking sources said on Friday.
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30 May, 2008| massmedia |
Comments (0) @ 7:32
- Wolseley seen edging higher on bid talk
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LONDON (Reuters) - Shares in Wolseley gained over 2 percent on Friday, as traders cited bid interest in the building materials distributor.
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30 May, 2008| massmedia |
Comments (0) @ 7:27
- Quiz: Baby Boomer market busters
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If you haven’t heard, and somehow we suspect you have, the first batch of baby boomers hits Social Security age in 2008. So what happens as this giant generation - 78 million strong - quits and starts selling assets they’ve saved for retirement?
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30 May, 2008| massmedia |
Comments (0) @ 7:01
- Silverjet grounds flights
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LONDON (Reuters) - Silverjet became the third London-New York business-class airline to run out of money on Friday and grounded its fleet after failing to get an emergency $5 million loan (2.5 million pound).
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30 May, 2008| massmedia |
Comments (0) @ 6:20
- Silverjet grounds flights as it runs out of cash
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LONDON (Reuters) - Silverjet became the third London-New York business-class airline to run out of money on Friday and grounded its fleet after failing to get an emergency $5 million loan (2.5 million pound).
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30 May, 2008| massmedia |
Comments (0) @ 5:30
- PartyGaming shares rise on talk of U.S. settlement
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LONDON (Reuters) - Shares in online poker and betting firm PartyGaming were up over 10 percent on Friday on talk it has reached a settlement with U.S. authorities over its previous U.S.-facing activities, traders said.
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30 May, 2008| massmedia |
Comments (0) @ 4:28
- Stocks flat as oil weighs and banks rise
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LONDON (Reuters) - The blue chip index was flat at midday on Friday, as falling crude prices dragged down oil and mining stocks but lifted British Airways , while banks and telecoms provided support.
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30 May, 2008| massmedia |
Comments (0) @ 4:27
- FSA confirms to work with U.S. on oil probe
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LONDON (Reuters) - The Financial Services Authority confirmed on Friday it will cooperate with a U.S. Commodity Futures Trading Commission probe into potential oil market abuses under existing information sharing agreements.
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30 May, 2008| massmedia |
Comments (0) @ 3:53
- HSBC says Asia to show "reasonable growth" in 2008
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LONDON (Reuters) - Europe’s biggest bank HSBC said on Friday it was difficult to determine the outlook for 2008 given the worst turmoil in a generation, but said its key Asian markets were likely to continue to show “reasonable growth”.
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30 May, 2008| massmedia |
Comments (0) @ 3:33
- Fuel prices threaten livelihoods across Europe
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ST MALO, France (Reuters) - It was always a hard life working on trawlers off the coast of Brittany but Marc Grandmougin put up with it for 20 years — until surging fuel costs cut the French fisherman’s income by a third in one year.
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30 May, 2008| massmedia |
Comments (0) @ 3:20
- BHP Billiton files for Rio Tinto takeover with EU
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BRUSSELS (Reuters) - BHP Billiton , the world’s biggest mining group, has formally filed with the European Commission for clearance to take over rival Rio Tinto , a Commission list of M&A cases showed on Friday.
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30 May, 2008| massmedia |
Comments (0) @ 3:02
- BBA Libor review due but few changes seen
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LONDON (Reuters) - An annual review on Friday into the way Libor is set is expected to recommend tweaks rather than drastic changes, despite concern that the process has become seriously distorted by the global credit crisis.
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30 May, 2008| massmedia |
Comments (0) @ 2:52
- Portfolio insurance? Sounds a bit fishy
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Question: Is portfolio insurance legitimate? At a seminar I attended, an adviser said it would cost me 0.5% of what I invest with him. Supposedly it will lock in my gains and I can’t lose money no matter what the market does. - Paula Krensavage, Weirton, W.Va.
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30 May, 2008| massmedia |
Comments (0) @ 2:50
- Silverjet stops flights as it runs out of cash
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LONDON (Reuters) - Silverjet said it stopped flights on Friday after failing to get a $5 million (2.5 million pound) loan from Abu Dhabi-based investors, becoming the third London to New York business class-only airline to run out of cash.
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30 May, 2008| massmedia |
Comments (0) @ 2:46
- TNK-BP board member quits over shareholders row
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MOSCOW (Reuters) - Russian TNK-BP’s board member Jean-Luc Vermeulen has resigned from his position citing a deepening conflict between the oil firm’s shareholders, a group of Russian billionaires and BP , sources said on Friday.
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30 May, 2008| massmedia |
Comments (0) @ 2:44
- Poland in plea to EU on shipyards
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Poland asks the European Commission for more time to privatise its ailing shipyards, amid EU irritation over Polish state aid….
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30 May, 2008| massmedia |
Comments (0) @ 2:06
- Northern Rock to boost debt staff as arrears rise
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LONDON (Reuters) - Northern Rock plans to more than double its debt management staff in the coming year in the face of rising arrears and a deteriorating macroeconomic environment, a source close to the situation said.
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30 May, 2008| massmedia |
Comments (0) @ 2:02
- Quiz: Are Baby Boomers market busters?
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If you haven’t heard, and somehow we suspect you have, the first batch of baby boomers hits Social Security age in 2008. So what happens as this giant generation - 78 million strong - quits and starts selling assets they’ve saved for retirement?
…
Fuente Original
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30 May, 2008| massmedia |
Comments (0) @ 2:00
- Regulator may let BT lift network charges
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LONDON (Reuters) - Telecoms group BT may be allowed to increase the charges it levies on rivals for using its network, according to the preliminary conclusions of a review by the country’s communications regulator.
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30 May, 2008| massmedia |
Comments (0) @ 1:44