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- Plan to revive mortgage lending
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The government may have to guarantee billions of pounds of mortgage bonds in order to revive the market, a report says….
Original Source: news.bbc.co.uk
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28 July, 2008| massmedia |
Comments (0) @ 23:53
- BP profits soar on high oil price
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LONDON (Reuters) - British oil major BP said second-quarter net profits soared and beat analysts expectations thanks to high oil prices.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 23:48
- St James’s Place profit down 5.3 percent
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LONDON (Reuters) - Wealth manager St James’s Place reported a 5.3 percent fall in first-half profit, less than analysts had feared, and said it was maintaining its key long-term sales growth targets.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 23:28
- UBM operating profit up 11 percent
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LONDON (Reuters) - Publisher and events organiser United Business Media reported an 11 percent rise in adjusted first-half operating profit and said on Tuesday it was on track to deliver a good performance for the full year.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 23:25
- BP profits soar on high oil prices
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LONDON (Reuters) - Oil major BP said on Tuesday second-quarter net profits soared and beat analysts expectations thanks to high oil prices.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 23:19
- Nikkei down 1.5 percent as banks and exporters lead fall
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TOKYO (Reuters) - The Nikkei average fell 1.5 percent on Tuesday, with financial shares sliding as worries about the U.S. credit market mounted while automakers were hurt after Toyota Motor cut its global sales forecast.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 23:14
- Bodycote posts 5 percent rise in profit
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LONDON (Reuters) - Engineer Bodycote posted a 5 percent rise in first-half profit on Tuesday and said all of its markets, apart from automotive, remained resilient.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 23:12
- Vedanta earnings up 6.3 percent on higher output
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LONDON (Reuters) - India-focused metals group Vedanta Resources posted a 6.3 percent rise in first-quarter core earnings on Tuesday as stronger output in most of its metals outweighed weaker zinc prices and higher costs.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 23:08
- S Korea resumes US beef imports
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US beef arrives in South Korea for the first time in nearly five years under a new import deal which sparked huge protests….
Original Source: news.bbc.co.uk
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28 July, 2008| massmedia |
Comments (0) @ 21:47
- Asia stocks drop as financial crisis worsens
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HONG KONG (Reuters) - Asian stocks tumbled on Tuesday, after Merrill Lynch, the third-largest U.S. investment bank, said it would take a $5.7 billion (2.86 billion pound) write down related to bad debt, draining confidence in the unstable financial sector.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 19:51
- Bid to salvage world trade talks
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Talks to try to rescue a world trade deal go into a ninth day after delegates fail to resolve differences over market access….
Original Source: news.bbc.co.uk
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28 July, 2008| massmedia |
Comments (0) @ 19:29
- Merrill sets $5.7 billion write-down
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NEW YORK (Reuters) - Merrill Lynch said on Monday it will take a $5.7 billion (2.9 billion pound) third-quarter write-down as it unloads huge amounts of risky debt, and raise $8.5 billion by selling new stock.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 18:23
- Merrill and XL to bail out struggling bond insurer
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NEW YORK (Reuters) - Merrill Lynch agreed to help bail out bond insurer Security Capital Assurance by cancelling $3.5 billion (1.8 billion pounds) in credit default swaps and ending litigation.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 18:06
- Trade talks ‘at risk of collapse’
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Talks on a global trade pact appear close to collapse, as the World Trade Organization calls the mood “very tense”….
Original Source: news.bbc.co.uk
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28 July, 2008| massmedia |
Comments (0) @ 17:05
- UK told do not copy Fannie Mae type firms
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LONDON (Reuters) - Britain should not create its own Fannie Mae and Freddie Mac-style mortgage finance firms to revive the mortgage market, an interim government-sponsored report by former HBOS chief James Crosby said on Tuesday.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 16:58
- UK told should not replicate Fannie Mae type firms
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LONDON (Reuters) - Britain should not create its own Fannie Mae and Freddie Mac-style mortgage finance firms to revive the mortgage market, an interim government-sponsored report by former HBOS chief James Crosby said on Tuesday.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 16:24
- Fraud said soaring and set to worsen
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LONDON (Reuters) - Fraud in the UK jumped 50 percent in the first half of the year, compared with the previous six months, and is likely to worsen as the effects of the credit crunch spread throughout the economy, a report said.
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Original Source: feeds.reuters.com
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28 July, 2008| massmedia |
Comments (0) @ 16:21
- Fuel harvest
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In spite of global fears, Brazil hails its ethanol revolution…
Original Source: news.bbc.co.uk
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28 July, 2008| massmedia |
Comments (0) @ 16:05
- 3 blue chip stocks to watch
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Blue-chip growth stocks are a great foundation for your portfolio because steady, superior earnings growth usually produces above-average returns.
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Original Source: rss.cnn.com
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28 July, 2008| massmedia |
Comments (0) @ 15:27
- Merrill Moves To Shore Up Books
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John Thain, Merrill’s chief, unloads billions in assets and says it will raise $8.5 billion in a stock sale….
Original Source: www.forbes.com
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28 July, 2008| massmedia |
Comments (0) @ 15:03