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- Pound set for biggest monthly fall vs dollar since 1992
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LONDON (Reuters) - Sterling fell against the dollar on Friday, setting it on track for its biggest monthly percentage loss since October 1992, wounded by renewed risk aversion as European share markets fell.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 8:54
- Don’t get slammed by the rising dollar
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For U.S. multinationals trying to sell in a slowing global economy, currency has been a hidden source of strength.
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Original Source: rss.cnn.com
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31 October, 2008| massmedia |
Comments (0) @ 8:52
- Gloomy U.S. consumers cut spending
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NEW YORK (Reuters) - Grim reports showing American consumers tightening their belts and the U.S. business outlook weakening deepened fears about global recession, while a Japanese rate cut on Friday did little to stem the bleeding in markets.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 8:50
- Union election takes nasty turn
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The race to be leader of the UK’s largest trade union, Unite, turns into a bitter war of words….
Original Source: news.bbc.co.uk
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31 October, 2008| massmedia |
Comments (0) @ 7:54
- Recession fears grip US shoppers
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Consumer spending in the US fell in September by the biggest amount in four years, the Commerce Department says….
Original Source: news.bbc.co.uk
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31 October, 2008| massmedia |
Comments (0) @ 7:49
- Dismal U.S. consumers cut spending
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NEW YORK/LONDON (Reuters) - Dismal reports showing American consumers tightening their belts and the U.S. business outlook weakening deepened fears about global recession and a Japanese rate cut on Friday did little to stem the bleeding in markets.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 7:48
- Hot Small Caps: Shire leads gainers in pharma sector
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LONDON (Reuters) - Following is a round-up of key small cap movers on the London stock market on Friday.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 6:54
- India approves insurance bill
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The Indian government approves a new bill that could allow foreign investors much larger stakes in domestic insurance companies….
Original Source: news.bbc.co.uk
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31 October, 2008| massmedia |
Comments (0) @ 6:23
- India approves insurance overhaul
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The Indian government approves a new bill that could allow foreign investors much larger stakes in domestic insurance companies….
Original Source: news.bbc.co.uk
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31 October, 2008| massmedia |
Comments (0) @ 6:23
- Barclays raises 7.3 billion from Middle East
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LONDON (Reuters) - Middle East investors will own up to one third of Barclays after Abu Dhabi and Qatar provided most of 7.3 billion pounds raised by the bank on Friday to repair damage from the global financial crisis and avoid taking government rescue funds.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 6:20
- European shares edge up
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LONDON (Reuters) - European shares edged up on Friday, recouping losses, as U.S. stock futures stemmed an earlier slide and German stocks gained, fuelled by strength in the shares of Volkswagen .
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 6:13
- Rate cut from Japan as Barclays seeks funding
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NEW YORK/LONDON (Reuters) - Japan cut interest rates for the first time in seven years on Friday, expecting severe stress in the global economy to persist, while banking giant Barclays said it was raising $12 billion (7.3 billion pounds) in capital.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 6:11
- Recession fears grip US consumers
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Consumer spending in the US fell in September by the biggest amount in four years, the Commerce Department says….
Original Source: news.bbc.co.uk
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31 October, 2008| massmedia |
Comments (0) @ 6:09
- World share prices set for worst month ever
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LONDON (Reuters) - Shares in Asia and Europe fell on Friday, heading for their worst month ever, while the low-yielding yen shot up as Japan’s interest rate cut failed to quell concerns about the deteriorating global economic outlook.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 5:29
- Barclays raises 7.3 billion from Mideast
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LONDON (Reuters) - Barclays is raising 7.3 billion pounds from investors from Qatar, Abu Dhabi and elsewhere to allow it to avoid taking government rescue cash, it said on Friday.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 5:27
- FTSE falls 1.9 percent by midday
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LONDON (Reuters) - The blue-chip share index shed 1.9 percent by midday on Friday to end a three-day rally, weighed down by banks and telecommunications firms.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 5:21
- Hot Small Caps: Senior up on hopes for Boeing strike deal
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LONDON (Reuters) - Following is a round-up of key small cap movers on the London stock market on Friday.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 5:14
- Oil sinks towards $63 a barrel
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LONDON (Reuters) - Oil fell more than $2 to below $64 a barrel on Friday and in line with other markets was on track to post its biggest monthly fall yet.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 5:05
- Europe shares fall in midmorning trade
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FRANKFURT (Reuters) - European stocks fell in midmorning trade on Friday, snapping a three-day rally, as HSBC and Barclays led banks lower, while BT Group dived after warning it would miss earnings forecasts.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 5:00
- BT Group to miss earnings forecasts
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LONDON (Reuters) - BT Group warned it would miss earnings forecasts due to the poor performance of its unit which provides network services to multinational companies, sending its shares crashing to a more than 20-year low.
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Original Source: feeds.reuters.com
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31 October, 2008| massmedia |
Comments (0) @ 4:56
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