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Uncategorized - October 31, 2007 11:00
Ford, UAW break talks after marathon session
Ford, UAW break talks after marathon session DETROIT (Reuters) – Contract talks between Ford Motor Co and the United Auto Workers union broke off in the early hours of Wednesday morning after a marathon session that began Tuesday morning, a source familiar with the talks said. Source: feeds.reuters.com Oil slumps over $1 ahead of Fed, […]
Global stocks subdued (Reuters)
Global stocks subdued (Reuters) Reuters – The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve. Source: news.yahoo.com
Oil prices fall below US$90 ahead of US Fed decision on key interest rate
Oil prices fall below US$90 ahead of US Fed decision on key interest rate SINGAPORE (AP): Oil prices dropped below US$90 a barrelWednesday in Asia ahead of the U.S. central bank’s impending decision on its key interest rate.Light, sweet crude for December delivery fell 68 cents to US$89.70 a barrel in Asian electronic trading Source: […]
Global stocks subdued
HONG KONG (Reuters) – The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve. Read More…
Global stocks subdued (Reuters)
Reuters – The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve. Read More…
Enel orders 600 Oil & Steel lifts
Italian power company Enel has ordered 600 units of a new, 18 m working height truck-mounted platform, called the Scorpion 18, from Oil & Steel. The company declined to reveal contract value.Delivery of the first unit will be in November and by Spring Read More… MUMBAI (CommodityOnline.com) — Indians’ recently found love for gold coins […]
P&G and Colgate post double-digit earnings increases
P&G and Colgate post double-digit earnings increases CHICAGO (Reuters) – Household and personal care products leaders Procter & Gamble Co and smaller rival Colgate-Palmolive Co both posted double-digit quarterly profit increases on Tuesday, helped by cost cuts, the weaker dollar and sales of new items. Source: feeds.reuters.com
Market opens down as rate cut questioned (Reuters)
Market opens down as rate cut questioned (Reuters) Reuters – Stocks opened lower on Tuesday after a Wall Street Journal article cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday. Source: news.yahoo.com
Oil prices fall from record high
VIENNA, Austria – Oil prices dropped Tuesday from a record high in the previous session on the view that the disruption of a fifth of the oil production by Mexico’s state oil company is only temporary. Still, a weak dollar and perceptions of tight Read More…
FTSE rally fades on profit taking
FTSE rally fades on profit takingMining stocks dragged the FTSE lower. The index was down 0.7 per cent to 6,659.3, a fall of 45.7 points.Source: www.ft.com
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