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Gold and Oil News - October 11, 2007 14:00
S.Africa gold output falls 4.9 pct yr/yr in Aug
S.Africa gold output falls 4.9 pct yr/yr in Aug Extract not available. Source: c.moreover.com FTSE rises 0.8 pct, commodities, Vodafone lead LONDON, Oct 11 (Reuters) – Britain’s top share index climbed 0.8 percent by mid-session on Thursday, hitting 12-week highs as commodity stocks and Vodafone (VOD.L: Quote, Profile , Research) gained, but software group Sage (SGE.L: […]
Oil approaches $82 awaiting inventories
Ahead of the latest US inventories data, crude oil prices rose towards the $82 level after gaining more than $1 in the previous session amid heightened geo-political tensions and production problems in Alaska. Read More…
U.S. asks court to reinstate charges in KPMG case
U.S. asks court to reinstate charges in KPMG case NEW YORK (Reuters) – Prosecutors on Wednesday asked an appellate court to reinstate criminal charges against 13 former KPMG partners in a closely watched case involving questionable tax shelters. Source: feeds.reuters.com
Producer price index and commodity price index for the industrial sectors: Energy prices up, manufacturing prices down
Producer price index and commodity price index for the industrial sectors: Energy prices up, manufacturing prices down price index Producer price index Source: c.moreover.com
Property stocks fall on RICS report
The FTSE 100 started the session 0.3% stronger at 6,656.2, a rise of 23 points largely accounted for by a bullish mining sector. Mid-cap financial stocks continued to recover, helping the FTSE 250 rise 0.3 % Read More…
Greenspan sees U.S. economic toll from credit crunch
Greenspan sees U.S. economic toll from credit crunch NEW YORK (Reuters) – The credit crunch that has troubled financial markets in recent months will eventually take its toll on the U.S. economy, former Federal Reserve Chairman Alan Greenspan said on Wednesday. Source: feeds.reuters.com Philips sells LG.Philips shares for $2.2 billion: source SEOUL (Reuters) – Philips […]
CBH welcomes Labor’s wheat marketing plan
Western Australia’s bulk grain handler, CBH Group, likes Labor’s promise to open up wheat exporting to all companies. Labor has proposed a new model for exporting wheat which it says retains a single desk for the control of wheat exports while allowing a Read More… CHINA Development Bank and Barclays yesterday said the two parties […]
Chrysler reaches tentative deal with UAW union
DETROIT (Reuters) – Chrysler LLC and the United Auto Workers union reached a tentative labor agreement on Wednesday, ending a strike against the No. 3 U.S. automaker just over six hours after it began. Read More…
World oil prices soar over $US81
World oil prices soar over $US81 Article from: Agence France-Presse Font size: Decrease Increase : Email : Print From correspondents in New York OIL prices rose on global markets overnight as traders fretted over tight energy supplies ahead of approaching winter months. The prospect of Source: c.moreover.com
Dollar falls on uncertain US outlook
The dollar fell after its two-day rally stalled on Tuesday night after minutes from September’s US Federal Reserve meeting failed to rule out the possibility of further rate cuts. Read More…
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