Stock futures down, eyes on Merrill - October 24, 2007 12:00

FRANKFURT (Reuters) – Futures on benchmark equity indexes were in the red before Wall Street’s opening on Wednesday, with eyes on Merrill Lynch after media reports of bigger write-downs than the brokerage has flagged. Read More…

Oil Hovers Around $85 on OPEC Hike, Economic Woes - October 24, 2007 12:00

Oil Hovers Around $85 on OPEC Hike, Economic Woes Oil & Gas, CommoditiesBy ReutersOil retreated below $85 a barrel on Wednesday, falling for the fourth consecutive session on forecasts that U.S. crude inventories likely rose again and on signs that OPEC was already boosting oil supply.U.S. light, sweet Source: c.moreover.com Ghana projects 650 000 tonnes […]

Earnings fail to lift European equities - October 24, 2007 10:00

European equities were little changed, as weakness for mining groups offset some pleasing third-quarter earnings Read More…

Chrysler contract rejected by Indiana plants - October 24, 2007 10:00

DETROIT (Reuters) – Two Chrysler LLC plants in Indiana voted on Tuesday to reject a proposed contract for the No. 3 U.S. automaker, marking the latest and most serious setback to a tentative four-year deal negotiated by the United Auto Workers union. Read More…

HudBay Announces Significant New Zinc Discovery at Lalor Lake - October 24, 2007 10:00

Extract not available. Read More… NEW YORK (AP) – Soybean prices rose Tuesday on expectations U.S. supplies will shrink rapidly in the coming months amid growing demand for the beans to feed livestock and make alternative fuel. Corn and wheat prices fell, while energy futures declined Read More…

US tech shares help boost Asian stocks - October 24, 2007 8:00

Strong appetite for risky assets after positive results from big firms lifts US tech shares and causes Asian stocks to rise, with Asian tech players among top gainers Read More…

Sony, Kyocera close some San Diego ops due to fires - October 24, 2007 8:00

TOKYO (Reuters) – Japanese tech firms Sony Corp and Kyocera Corp said they have halted some production in the San Diego, California, area because of fires raging in the southern part of the state. Read More… WASHINGTON (Reuters) – U.S. Treasury Secretary Henry Paulson urged China on Tuesday to let its currency rise faster in […]

Current year wheat target fixed at 24m tons - October 24, 2007 8:00

Current year wheat target fixed at 24m tons ISLAMABAD, Oct 23: The government on Tuesday set current year’s wheat output target at 24 million tons and finally reduced last year’s production estimates by 260,000 tons to 23.3 million tons. Minister for Food, Agriculture and Livestock (Minfal) Source: c.moreover.com

FTSE higher as equities regain poise - October 23, 2007 14:00

London equities recovered their poise as closely-watched figures from oil group BP were not as bad as some had feared. By late morning, the index was up 60 points, or 0.9 per cent, at 6,519.4. Read More…