Futures slip after jobless claims data (Reuters)
November 29, 2007 | Leave a Comment
Futures slip after jobless claims data (Reuters)
Reuters - Stock index futures edged lower on Thursday, pointing to a lower market open, after weekly jobless claims jumped to the highest level since February.
Source: news.yahoo.com
Opec ready to meet Asian demand rise
November 29, 2007 | Leave a Comment
Opec ready to meet Asian demand rise
ABU DHABI / SINGAPORE UAE Energy Minister Mohammed bin Dha’en Al Hamili yesterday reiterated readiness of the members of Organisation of Petroleum Exporting Countries (Opec) to increase their oil production to meet the rising demand in Asia. Al Hamili,
Source: c.moreover.com
Ivorian cocoa union says to blockade San Pedro 6:53 GMT
ABIDJAN (Reuters) - Ivory Coast cocoa farmers union SAPICOCI threatened on Wednesday to blockade the southwestern port of San Pedro from the start of next week unless they were paid a guaranteed price of 600 CFA francs per kg. ‘We are writing letters to
Source: c.moreover.com
Tokyo pushes up to two-week high
November 29, 2007 | Leave a Comment
Tokyo pushes up to two-week high
Japanese equities rose more than 2 per cent with a fall in the yen to below the Y110 to the dollar level pushing the Nikkei up 2.4 per cent to 15,513, its highest close in over two weeks
Source: www.ft.com
E*Trade gets $2.55 bln cash infusion from Citadel
November 29, 2007 | Leave a Comment
E*Trade gets $2.55 bln cash infusion from Citadel
NEW YORK (Reuters) - Online brokerage E*Trade Financial Corp , which has been pounded by credit woes in the mortgage business, said on Thursday that it was getting a $2.55 billion cash infusion from Citadel Investment Group.
Source: feeds.reuters.com
IKB delays results due to subprime problems (AFP)
November 29, 2007 | Leave a Comment
IKB delays results due to subprime problems (AFP)
AFP - Troubled German business lender IKB, controlled by state-owned KfW bank, said Thursday it was delaying publication of quarterly results due Friday as its tries to account for its exposure to problem US subprime home loans.
Source: news.yahoo.com
No hint from officials on whether Opec will increase output
November 29, 2007 | Leave a Comment
No hint from officials on whether Opec will increase output
Extract not available.
Source: c.moreover.com
Mortgage banks lift FTSE after A&L update
November 29, 2007 | Leave a Comment
London equities rose on Thursday, after Alliance & Leicester put a lower figure than feared on the amount of money it lost on torrid credit markets. Read More…
Credit turmoil hurts Warner Music, EMI’s plan: report
November 29, 2007 | Leave a Comment
NEW YORK (Reuters) - Credit market turmoil is hampering plans by EMI Group and Warner Music to issue billions of dollars in debt backed by revenue from their publishing catalogues, the Financial Times reported in its online edition.
STOCKHOLM (Reuters) - U.S. law firm Labaton Sucharow LLP has filed a class action suit against telecom equipment maker Ericsson , alleging false and misleading statements by the company, according to the lawyers’ Web site.
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