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Gold and Oil News - September 14, 2007 14:00
Indian basket of crude oil touches all time high
Indian basket of crude oil touches all time high NEW DELHI: The Indian basket of crude oil has touched an all time high of $75.30 a barrel, raising the losses public sector oil firms make on fuel sales. Indian crude basket was trading at $75.30 per barrel on September 13, beating the previous high of […]
Mortgage banks rock FTSE
Mortgage banks rock FTSENorthern Rock led FTSE 100 decliners, falling below the 500p mark, after issuing a severe profits warning and confirming it had used an emergency credit facility from the Bank of England.Source: www.ft.com
Toyota to build a new factory in Japan
TOKYO (Reuters) – Toyota Motor Corp , the world’s biggest auto maker, plans to build a new car plant in Japan to revamp its production facilities, domestic media reported on Friday. Read More… LONDON (Reuters) – Oil prices eased on Friday as a hurricane subsided in the Gulf of Mexico, although prices held near the […]
U.S. stocks rally on signs of more plentiful financing
NEW YORK: U.S. stocks rallied Thursday after Countrywide Financial secured new credit lines and investors speculated that financing for businesses and takeovers was becoming more plentiful. Shares of financial companies contributed the most to the rally, Read More…
Canadian gas prices should fall despite higher crude oil, analysts say
Vote to see results Read More…
Mortgage banks pull FTSE 100 under
Mortgage banks pull FTSE 100 underNorthern Rock led FTSE 100 decliners after issuing a severe profits warning and confirming it had used an emergency credit facility from the Bank of England.Source: www.ft.com
AWB says U.S. class action filed against it
SYDNEY (Reuters) – AWB Ltd , Australia’s main wheat exporter, said on Friday a new class action had been filed against it and its United States subsidiary AWB (USA) Ltd in a U.S. district court by lawyers acting for Iraqi citizens. Read More… TOKYO (Reuters) – Toyota Motor Corp , the world’s biggest auto maker, […]
U.S. stocks rally on signs of more plentiful financing
U.S. stocks rally on signs of more plentiful financing NEW YORK: U.S. stocks rallied Thursday after Countrywide Financial secured new credit lines and investors speculated that financing for businesses and takeovers was becoming more plentiful. Shares of financial companies contributed the most to the rally, Source: c.moreover.com
Canadian gas prices should fall despite higher crude oil, analysts say (Gasoline-Prices)
MONTREAL (CP) _ Canadian motorists need not rush to the pumps for a quick fill-up out of fear that gasoline prices will be pushed sky high by the recent rise of world oil prices to around US$80 a barrel, analysts say. Factors other than the price of Read More…
War, Psychology and Time
There are moments in history when everything comes together. Today is the sixth anniversary of the al Qaeda attack against the United States. This is the week Gen. David Petraeus is reporting to Congress on the status of the war in Iraq.
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