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- John Lewis weekly dept store sales drop
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LONDON (Reuters) - Retailer John Lewis reported an 8.3 percent drop in weekly sales at its department stores, providing further evidence of a slowdown in consumer spending.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 23:53
- Barratt may cut 1,000 jobs
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LONDON (Reuters) - House builder Barratt Developments is set to cut 1,000 jobs, the Daily Telegraph reported on Friday.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 23:12
- BSkyB mulls bid for Spain’s Digital Plus
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LONDON (Reuters) - Pay-TV firm BSkyB is considering a bid of more than 2.5 billion euros (2 billion pounds) for Spanish pay-TV platform Digital Plus, the Financial Times said on Friday.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 23:03
- Oil pauses near record over $145
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SINGAPORE (Reuters) - Oil steadied above $145 a barrel on Friday as the United States, the world’s largest consumer, heads into the Independence Day long weekend, pausing after the previous day’s rally to a record near $146.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 22:51
- B&B ups rights issue size
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LONDON (Reuters) - Bank Bradford & Bingley said it plans to increase the size of its rights issue to 400 million pounds after U.S. private equity firm TPG Capital pulled out of a plan to buy a stake.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 22:19
- BHP signs iron ore deal in line with Rio
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SYDNEY/HONG KONG (Reuters) - BHP Billiton has matched Rio Tinto’s near 100 percent price hike for 2008-2009 iron ore deliveries, Chinese industry officials said on Friday, ending protracted talks over contracts worth billions of dollars.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 21:44
- Asia stocks slip as oil hovers near record
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HONG KONG (Reuters) - Asian stocks slipped on Friday as record high crude oil prices threatened to jeopardize earnings and curb consumer spending, with the uncertain economic outlook following U.S. jobs data boosting safe-haven government bonds. This week has been punctuated by stagflation fears and deteriorating sentiment after the Dow Jones industrial average slipped into a bear market this week, down more than 20 percent from October highs, joining Asia markets and pushing investors into safe
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 20:15
- Nikkei edges down amid economic gloom
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TOKYO (Reuters) - Japan’s Nikkei stock average edged down 0.3 percent on Friday, taking aim at the longest losing streak in more than half a century, with high-tech shares such as Tokyo Electron Ltd sinking in the face of general economic pessimism.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 19:44
- B&B ups rights issue size after TPG quits
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LONDON (Reuters) - Bank Bradford & Bingley said it plans to increase the size of its rights issue to 400 million pounds after U.S. private equity firm TPG Capital pulled out of a plan to buy a stake.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 19:31
- Japan’s Nikkei edges lower as tech shares weigh
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TOKYO (Reuters) - Japan’s Nikkei stock average edged down 0.3 percent on Friday, taking aim at a 12th straight day of losses — the longest losing streak in more than half a century — as Tokyo Electron Ltd and other high-tech shares weighed on the market. Paper shares extended losses on high oil prices after oil set a new record of more than $145 a barrel and general selling emerged across a broad range of sectors, though gains in heavy machinery such as Komatsu Ltd helped brake further falls.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 19:22
- Oil steadies above $145 ahead of U.S. holiday
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SINGAPORE (Reuters) - Oil steadied above $145 a barrel on Friday as the United States heads into the Independence Day long weekend, pausing after the previous day’s rally to a record near $146.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 19:12
- Households worse off than 2003
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LONDON (Reuters) - The average household is now 15 percent worse off than it was five years ago, according to Ernst & Young’s Annual Discretionary Income Study released on Friday.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 19:02
- Australia’s Origin rejects BG Group bid
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PERTH (Reuters) - Origin Energy Ltd , an Australian energy producer and retailer, advised shareholders to reject a $13.1 billion (6.6 billion pound) bid from British gas company BG Group and reiterated its coal seam gas reserves position.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 19:00
- YouTube court order fans privacy fears
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NEW YORK/SAN FRANCISCO (Reuters) - A U.S. judge’s order to Google Inc to turn over YouTube user data to Viacom Inc sparked an outcry on Thursday from privacy advocates in the midst of a legal showdown over video piracy.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 18:56
- Fed’s Bear portfolio shrinks more than $1 billion
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NEW YORK (Reuters) - The Federal Reserve’s portfolio of Bear Stearns assets is currently worth $28.89 billion (14.6 billion pounds), the central bank estimated on Thursday, down more than $1 billion from its original value.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 18:12
- Biofuels blamed for food price crisis
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LONDON (Reuters) - Biofuels have forced global food prices up by 75 percent — far more than previously estimated — according to a confidential World Bank report published in a London newspaper on Friday.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 17:48
- Luxury chocolate sales booming
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LONDON (Reuters) - Consumers are spending more on chocolate with sales of luxury boxes booming and those of healthier dark chocolate nearly doubling, according to a study published on Friday.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 17:27
- Households 15 pct worse off than 2003
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LONDON (Reuters) - The average household is now 15 percent worse off than it was five years ago, according to Ernst & Young’s Annual Discretionary Income Study released on Friday.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 16:39
- Court order on YouTube user data fans privacy fears
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NEW YORK/SAN FRANCISCO (Reuters) - A U.S. judge’s order to Google Inc to turn over YouTube user data to Viacom Inc sparked an outcry on Thursday from privacy advocates in the midst of a legal showdown over video piracy.
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Original Source: feeds.reuters.com
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3 July, 2008| massmedia |
Comments (0) @ 16:26
- Russian risk
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Has the TNK-BP row spooked foreign investors?…
Original Source: news.bbc.co.uk
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3 July, 2008| massmedia |
Comments (0) @ 15:34