Bank of America cuts 3,000 jobs - October 25, 2007 10:00

Bank of America cuts 3,000 jobs NEW YORK (Reuters) – Bank of America Corp on Wednesday said it planned to eliminate 3,000 jobs, and shook up its corporate and investment bank after a dismal quarter at that unit led to a 32 percent drop in overall profit. Source: feeds.reuters.com

Buffett sees dollar weakness, Korea stocks attractive (Reuters) - October 25, 2007 10:00

Buffett sees dollar weakness, Korea stocks attractive (Reuters) Reuters – Billionaire investor Warren Buffett said on Thursday he expected the dollar to weaken further, adding that South Korean stocks offered better value than other world markets. Source: news.yahoo.com

Alcan joins Rio Tinto to create global aluminium leader - October 25, 2007 10:00

MONTREAL, Oct. 25 /PRNewswire-FirstCall/ – Alcan today joined the Rio Tinto group following the successful Offer for Alcan by a subsidiary of Rio Tinto. The expanded aluminium product group, formed by the combination of Alcan and Rio Tinto’s existing Read More…

Overview: Weak housing and strong oil unsettle markets - October 25, 2007 8:00

Another set of weak US housing data, unsettling news from investment bank Merrill Lynch and a surge in oil prices provided the backdrop for a nervous session in financial markets. Read More…

China growth slows but more tightening in store - October 25, 2007 8:00

China growth slows but more tightening in store BEIJING (Reuters) – Chinese economic growth slowed a touch in the third quarter but not by enough to dispel expectations of more interest rate rises and other policy curbs to stave off the risk of overheating. Source: feeds.reuters.com Bank of America cuts 3,000 jobs NEW YORK (Reuters) […]

Aluminium recycling company achieves Beacon status - October 25, 2007 8:00

A Gloucester-based aluminium recycling company has triumphed through adversity and won a much coveted regional development award. Avon Metals has achieved Beacon status from Beacon South West, a South West of England Regional Development Agency (RDA), Read More…

Tokyo shares slip on weak US profits - October 24, 2007 14:00

Tokyo shares slip on weak US profitsThe benchmark Nikkei 225 dipped 0.6 per cent to 16,358.39, pushed lower by weak results in the US and a strong currency at homeSource: www.ft.com

Some Cablevision holders wavering on takeover: report - October 24, 2007 14:00

Some Cablevision holders wavering on takeover: report NEW YORK (Reuters) – Some big Cablevision Systems Corp stockholders may drop opposition and vote in favor of the Dolan family’s $10.6 billion buyout bid for the media company, the New York Post reported on Wednesday, citing sources familiar with the matter. Source: feeds.reuters.com WellPoint profit up 7 […]

Futures decline on Amazon and Merrill (Reuters) - October 24, 2007 14:00

Reuters – Stock futures fell on Wednesday as Merrill Lynch & Co. Inc reported its first quarterly net loss in nearly six years and as earnings by Amazon.com Inc disappointed some investors. Read More…