Glencore gets go ahead to lift crude oil for Jamaica - September 21, 2007 8:00

Glencore gets go ahead to lift crude oil for Jamaica KINGSTON, Jamaica (JIS): The Jamaican Cabinet has given the go-ahead to the Switzerland-based oil company, Glencore International, to lift Nigerian crude oil on behalf of Jamaica. This oil will then be sold on the world market and the country will Source: c.moreover.com

FTSE’s rally comes to an end - September 20, 2007 14:00

FTSE’s rally comes to an endLondon’s two-day relief rally came to an abrupt end amid a fresh bout of selling in the banking sector. Northern Rock was again the day’s biggest faller on sustained talk that any rescue takeover bid for the troubled bank would be priced at 200p at the most.Source: www.ft.com

Circuit City posts quarterly loss - September 20, 2007 14:00

ATLANTA (Reuters) – Electronics retailer Circuit City Stores Inc posted a quarterly loss on Thursday as sales fell and the company cut jobs in an effort to turn business around. Read More… NEW YORK (Reuters) – Goldman Sachs Group Inc said on Thursday that quarterly earnings surged 79 percent as revenue from investment banking and [...]

Nasdaq to acquire OMX in Borse Dubai deal (AP) - September 20, 2007 14:00

Nasdaq to acquire OMX in Borse Dubai deal (AP) AP – Nasdaq Stock Market Inc. and Borse Dubai have reached a deal under which Nasdaq will take over Nordic bourse operator OMX AB, while Borse Dubai acquires just under 20 percent of Nasdaq and 28 percent of the London stock exchange. Source: news.yahoo.com

FACT BOX: Why oil prices are at a record high - September 20, 2007 14:00

FACT BOX: Why oil prices are at a record high the fifth consecutive trading session that prices have reached an all-time peak. * Real and threatened disruptions to crude oil supplies, constraints at refineries in consuming countries, resilient demand and a flow of investor money into oil have Source: c.moreover.com

Dollar plunges through $1.40 against euro - September 20, 2007 12:00

Dollar plunges through $1.40 against euroThe dollar dropped to record to record lows through the $1.40 level against the euro on Thursday as the US currency continued its slide following the Federal Reserve’s decision to cut interest rates earlier in the week. Source: www.ft.com

Holiday sales seen slowest pace in 5 yrs - September 20, 2007 12:00

NEW YORK (Reuters) – Holiday sales are expected to rise at their slowest pace in five years as the weak housing market and a credit crunch temper consumer spending, the National Retail Federation said on Thursday. Read More… BEIJING/WASHINGTON (Reuters) – A more flexible yuan would not hold back China’s growth or cause deflation but [...]