Colt stands out on FTSE

November 30, 2007 | Leave a Comment

London equities were little changed on Friday, but reports of potential bid activity lifted shares in Colt Telecom. Read More…

Posted by livewire admin | Filed Under Uncategorized

Newmont sells royalty, non-core assets for $1.3 billion

November 30, 2007 | Leave a Comment

NEW YORK (Reuters) - Newmont Mining Corp , the world’s No. 2 gold producer, on Friday said it agreed to sell its royalty assets and other non-core investments to Franco-Nevada Corp in a deal worth about $1.3 billion.

Nov. 12, 13 key deadlines for National Soybean Rust Symposium

November 30, 2007 | Leave a Comment

Nov. 12, 13 key deadlines for National Soybean Rust Symposium
ST. PAUL, Minn. — Deadlines for poster abstract submission, and hotel reservations are quickly approaching for the 2007 National Soybean Rust Symposium. The 2007 National Soybean Rust Symposium will be held December 12-14, 2007 at the Marriott
Source: c.moreover.com

Posted by livewire admin | Filed Under Gold and Oil news headlines

Tokyo closes at a three-week high

November 30, 2007 | Leave a Comment

Tokyo closes at a three-week high
The Nikkei rose 1.1 per cent to 15,680.67 as Japanese stocks were buoyed by growing expectations of a cut in US interest rates and by a slightly weaker yen
Source: www.ft.com

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Fed will protect economy, not individuals: Mishkin

November 30, 2007 | Leave a Comment

Fed will protect economy, not individuals: Mishkin
CAMBRIDGE, Massachusetts (Reuters) - The Federal Reserve will act to protect the wider economy from financial turmoil but not to shelter individual investors from losses, Fed Board Governor Frederic Mishkin said on Thursday.

Source: feeds.reuters.com

Banks, U.S. near deal to freeze subprime rates: report
NEW YORK (Reuters) - The Bush Administration is close to agreeing on a pact with major financial institutions that would temporarily freeze interest rates on certain subprime loans, the Wall Street Journal reported Friday, citing sources familiar with the negotiations.

Source: feeds.reuters.com

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Russia keeps piling up gold reserves

November 30, 2007 | Leave a Comment

Russia keeps piling up gold reserves
.Russia’s gold and currency reserves stood at an all time high of 459.6bn on November 23, up 0.8 percent or $3.8bn from the previous figure. As reported earlier, between October 5 and November 16, the Bank of Russia’s reserves surged $34.8bn, or over 8
Source: c.moreover.com

Posted by livewire admin | Filed Under Gold and Oil news headlines

FTSE falls as banks fail to hold gains after A&L update

November 29, 2007 | Leave a Comment

London lost opening gains on Thursday, after Alliance & Leicester put a lower figure than feared on the amount of money it lost on torrid credit markets but the wider banking sector could not hold its gains. Read More…

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Fire shuts key Canada-U.S. pipeline, oil soars

November 29, 2007 | Leave a Comment

Fire shuts key Canada-U.S. pipeline, oil soars
HOUSTON/LONDON (Reuters) - An explosion crippled the biggest pipeline supplying Canadian crude to U.S. Midwest refineries, shutting off more than 1 million barrels per day of imports to the world’s biggest consumer.