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- Dairy Crest says first quarter trading meets expectations
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LONDON (Reuters) - Chilled dairy foods company Dairy Crest said on Thursday it has performed in line with its expectations during its first quarter and its expectations for the full year remain unchanged.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 23:56
- Mothercare boosted by international and online sales
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LONDON (Reuters) - Baby goods retailer Mothercare posted a 21 percent rise in first-quarter sales, boosted by an acquisition and strong sales in its international and Direct in Home online and catalogue businesses.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 23:53
- Slow exports curb China growth
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China’s economy grew 10.1% over the past three months to June, a fall from 10.6% over the previous quarter….
Original Source: news.bbc.co.uk
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16 July, 2008| massmedia |
Comments (0) @ 23:47
- Slowing exports curb China growth
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China’s economy grew 10.1% over the past three months to June, a fall from 10.6% over the previous quarter….
Original Source: news.bbc.co.uk
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16 July, 2008| massmedia |
Comments (0) @ 23:47
- Aggressive Azerbajan
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Talk of war from Azerbajan, over Nagorno-KarabakhHaving spent heavily on its military, Azerbaijan has raised the possibility of recovering Nagorno-Karabakh and its other occupied territories by force. Although the forthcoming presidential election is a factor, this more aggressive stance is not mere bluster. Azerbaijan is frustrated at the failure of 14 years of negotiation and has concluded that a credible military threat might be the best way to force the Karabakh Armenians to make concessions–or, if that fails, to drive them out….
Original Source:
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16 July, 2008| massmedia |
Comments (0) @ 23:38
- Ashmore assets up 3 percent
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LONDON (Reuters) - Ashmore Group , the British emerging markets-focused fund manager, said its assets under management rose 3 percent in the three months to June and said its full-year results were in line with expectations.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 23:32
- America’s economy: Boxed-in Ben
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For Ben Bernanke, the Federal Reserve chief, even good news turns out to be badJITTERY investors and anxious politicians have often relied on Federal Reserve chairmen to conjure up something to steady their nerves. But when Ben Bernanke gave his twice-yearly monetary testimony to Congress this week he had little to offer but unvarnished and uncomfortable truths. There were “significant downside risks” to the economy’s outlook, he said, and the chances that high inflation would persist had “intensified”. Mr Bernanke did not specify which was the bigger threat: recession or inflation. This lack of a clear policy bias invited the conclusion that, for the time being at least, the Fed thinks it cannot safely move interest rates in either direction….
Original Source:
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16 July, 2008| massmedia |
Comments (0) @ 23:24
- Boxed-in Ben
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For Ben Bernanke, the Federal Reserve chief, even good news turns out to be badJITTERY investors and anxious politicians have often relied on Federal Reserve chairmen to conjure up something to steady their nerves. But when Ben Bernanke gave his twice-yearly monetary testimony to Congress this week he had little to offer but unvarnished and uncomfortable truths. There were “significant downside risks” to the economy’s outlook, he said, and the chances that high inflation would persist had “intensified”. Mr Bernanke did not specify which was the bigger threat: recession or inflation. This lack of a clear policy bias invited the conclusion that, for the time being at least, the Fed thinks it cannot safely move interest rates in either direction….
Original Source:
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16 July, 2008| massmedia |
Comments (0) @ 23:24
- Dairy Crest says first quarter trading meets its expectations
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LONDON (Reuters) - Chilled dairy foods company Dairy Crest said on Thursday it has performed in line with its expectations during its first quarter and its expectations for the full year remain unchanged.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 23:19
- Kingfisher recruits DSG’s O’Byrne as finance chief
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LONDON (Reuters) - Kingfisher , Europe’s biggest home improvements retailer, said on Thursday it had appointed Kevin O’Byrne as finance director.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 23:15
- Asia stocks rally on oil and hopes for banks
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HONG KONG (Reuters) - Asian stocks rebounded on Thursday, boosted by the biggest surge in U.S. bank shares in 16 years and a decline in oil prices, providing some relief from fears about the global credit crisis spiralling out of control.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 21:13
- Asia stocks rally on oil and U.S. banks
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HONG KONG (Reuters) - Asian stocks rebounded on Thursday, boosted by the biggest surge in U.S. bank shares in 16 years and a decline in oil prices, providing some relief from fears about the global credit crisis spiralling out of control.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 21:02
- Commodity barons buying up sports clubs
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LONDON (Reuters) - You’re a billionaire with a fortune built on soaring commodity prices and can buy anything your heart desires. So what’s it to be?
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 19:33
- Report calls for Equitable apology
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LONDON (Reuters) - The government should apologise to more than a million policyholders in Equitable Life and offer them compensation, a long-awaited report by the parliamentary ombudsman said on Thursday, almost a decade after the insurer’s near-demise.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 19:30
- FBI probing IndyMac for possible fraud
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WASHINGTON (Reuters) - Failed bank IndyMac is under investigation by the FBI for possible fraud involving its mortgage lending, unnamed law enforcement officials said on Wednesday.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 19:23
- Fannie and Freddie shares leap amid financial rally
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NEW YORK (Reuters) - Fannie Mae and Freddie Mac shares had their best day in more than two decades on Wednesday after Wells Fargo’s strong earnings spread relief across Wall Street, even as a plan to prop up the two mortgage finance titans met resistance from congressional Republicans.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 19:02
- Sports clubs are the new must-have for commodity barons
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LONDON (Reuters) - You’re a billionaire with a fortune built on soaring commodity prices and can buy anything your heart desires. So what’s it to be?
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 18:52
- Asia stocks rally on hopes for financials
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HONG KONG (Reuters) - Asian stocks rallied on Thursday, propelled by the biggest surge in U.S. bank shares in 16 years and a sharp drop in oil prices, easing the worst fears about the global credit crisis spiralling out of control.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 18:25
- Report calls for Equitable compensation and apology
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LONDON (Reuters) - The government should apologise to more than a million policyholders in Equitable Life and offer them compensation, a long-awaited report by the parliamentary ombudsman said on Thursday, almost a decade after the insurer’s near-demise.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 16:37
- French bank Natixis to raise 3.7 billion euros in capital
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PARIS (Reuters) - Natixis , France’s fourth-biggest listed bank, said on Wednesday it was launching a 3.7 billion euro (2.9 billion pound) capital increase due to the credit crisis that has battered banks around the world.
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Original Source: feeds.reuters.com
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16 July, 2008| massmedia |
Comments (0) @ 16:01