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The coming days: The week ahead

An effort to breathe life into the Doha round of trade talks, and other news•TRADE ministers, hoping to make a breakthrough in the interminable Doha round of global trade talks, will gather at the World Trade Organisation’s headquarters beside Lake Geneva, on Monday July 21st. Their aim is to agree on a plan for liberalising trade in farm products and industrial goods, and to look for signs of compromise on services. The WTO’s director-general, Pascal Lamy, reckons the odds of success are more than 50%. That, regrettably, is probably an over optimistic assessment….
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  19 July, 2008| massmedia | Comments (0) @ 22:01
Zimbabwe issues Z$100bn note

The central bank in Zimbabwe is to issue Z$100bn bank notes, as hyperinflation pushes prices in the country ever-higher….
Original Source: news.bbc.co.uk


  19 July, 2008| massmedia | Comments (0) @ 14:54
Zimbabwe introduces Z$100bn note

The central bank in Zimbabwe is to issue Z$100bn bank notes, as hyperinflation pushes prices in the country ever-higher….
Original Source: news.bbc.co.uk


  19 July, 2008| massmedia | Comments (0) @ 14:54
Deutsche Post in no rush to sell Postbank

FRANKFURT (Reuters) - German mail and logistics group Deutsche Post is in no rush to sell its 50 percent plus one share stake in Deutsche Postbank , Post’s finance chief was quoted on Saturday as saying.


Original Source: feeds.reuters.com


  19 July, 2008| massmedia | Comments (0) @ 6:29
Conti CEO says no poison pills against Schaeffler

FRANKFURT (Reuters) - German tires-to-brakes group Continental , does not plan to deploy any poison pills in its defence against privately owned German ball bearings maker Schaeffler’s $17.6 billion (8.8 billion pound) takeover approach.


Original Source: feeds.reuters.com


  19 July, 2008| massmedia | Comments (0) @ 6:12
Ex-SocGen trader Kerviel changes legal team

PARIS (Reuters) - Jerome Kerviel, the banker blamed for the world’s worst rogue trading scandal, has changed his legal team to focus on a more “aggressive” defence strategy, a spokeswoman for Kerviel said on Saturday.


Original Source: feeds.reuters.com


  19 July, 2008| massmedia | Comments (0) @ 2:34
House prices could fall for two years: Citigroup

LONDON (Reuters) - Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years.


Original Source: feeds.reuters.com


  19 July, 2008| massmedia | Comments (0) @ 1:10
Art.view: Collecting collectors

Immortality can be had for a price. The first in a short summer series JAMES STOURTON, the chairman of Sotheby’s UK, is a tall, stooping man with a faintly academic air about him who manages to make his work his play. He collects collectors; indeed he has written the book about them. For a series about collecting, Mr Stourton’s office in New Bond Street is the place to start. He starts at the beginning. Collectors often get going with a stamp collection when they are children. Books are another common trigger. “A lot start with a coup de foudre. They see something that speaks to them, and eventually the intellectual process takes over,” he says. ……
Original Source:


  19 July, 2008| massmedia | Comments (0) @ 0:24
Collecting collectors

Immortality can be had for a price. The first in a short summer series James Stourton, the chairman of Sotheby’s UK, is a tall, stooping man with a faintly academic air about him who manages to make his work his play. He collects collectors; indeed he has written the book about them. For a series about collecting, Mr Stourton’s office in New Bond Street is the place to start. He starts at the beginning. Collectors often get going with a stamp collection when they are children. Books are another common trigger. “A lot start with a coup de foudre. They see something that speaks to them, and eventually the intellectual process takes over,” he says. ……
Original Source:


  19 July, 2008| massmedia | Comments (0) @ 0:24
House prices could fall for two years

LONDON (Reuters) - Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years.


Original Source: feeds.reuters.com


  19 July, 2008| massmedia | Comments (0) @ 0:06

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