Oil prices rise to new records after Fed cuts interest rates - September 19, 2007 8:00

Oil prices rise to new records after Fed cuts interest rates NEW YORK (AP) — Oil futures rose to new records Tuesday after the cut interest rates by a larger than expected half percentage point, raising market hopes that economic growth will accelerate and lift demand even as crude oil and gasoline inventories Source: c.moreover.com

RBA quashes bank funding rumours - September 18, 2007 14:00

RBA quashes bank funding rumoursAustralia’s central bank denied market speculation that regional lender Adelaide Bank had come to it for emergency fundingSource: www.ft.com

Fed starts one-day meeting as markets eye rate cut - September 18, 2007 14:00

Fed starts one-day meeting as markets eye rate cut WASHINGTON (Reuters) – Federal Reserve policy-makers started a one-day meeting on Tuesday that was widely expected to end with Chairman Ben Bernanke’s first interest rate cut. Source: feeds.reuters.com

Financials weigh on Asian stock markets (FT.com) - September 18, 2007 14:00

FT.com – Asian stocks dropped on Tuesday as fresh fears over turmoil in the credit markets weighed on banking shares, though energy companies benefitted from a record price for US crude. Read More…

Krasnodar region posts primary crude oil processing - September 18, 2007 14:00

Krasnodar region posts primary crude oil processing If you have questions regarding registration in the system, please call us at tel. (495) 787-17-67, 787-41-11 or fill in the inquiry form Source: c.moreover.com OPEC chief says high oil prices not to last long The prediction came after oil prices briefly hit a record high of over […]

Paulson seeks to assuage subprime concerns - September 18, 2007 12:00

Paulson seeks to assuage subprime concernsHenry Paulson, US Treasury secretary, sought to reassure European governments that the financial turmoil sparked by the US subprime mortgage crisis would not have a lasting effect on the world’s marketsSource: www.ft.com

Ford could speed cost cuts amid slow economy: report - September 18, 2007 12:00

NEW YORK (Reuters) – Ford Motor Co may accelerate cost cutting if a slowing U.S. economy puts the auto maker at risk of missing key financial goals in 2008 and 2009, the Wall Street Journal reported in its online edition on Tuesday, citing an interview with an executive. Read More…

Nasdaq considered selling piece of self: report (Reuters) - September 18, 2007 12:00

Nasdaq considered selling piece of self: report (Reuters) Reuters – Nasdaq Stock Market Inc has weighed selling a piece of itself to an overseas investor to help it seal a deal to buy Nordic exchange operator OMX AB , the Wall Street Journal reported on its Web site on Tuesday, citing people familiar with the […]

OPEC chief says high oil prices not to last long - September 18, 2007 12:00

The prediction came after oil prices briefly hit a record high of over 80 U.S. dollars a barrel on Wednesday. El-Badri said the current global economic situation would not sustain the overheated crude oil price of more than 80 dollars a barrel. Read More… If you have questions regarding registration in the system, please call […]