Oil Prices Drop Below $88 a Barrel - December 10, 2007 15:00

BANGKOK, Thailand (AP) — Oil dropped below $88 a barrel in Asian trade Monday, extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from Read More…

FTSE shrugs off UBS writedowns - December 10, 2007 13:00

The FTSE 100 rallied in spite of news from UBS of a further $10bn of write-downs linked to US subprime mortgages. Read More…

SocGen consolidates PACE SIV investment vehicle - December 10, 2007 13:00

SocGen consolidates PACE SIV investment vehicle PARIS (Reuters) – Societe Generale , France’s second-biggest listed bank, said on Monday it would consolidate its PACE structured investment vehicle (SIV) due to tough market conditions and would refinance it. Source: feeds.reuters.com

Oil Prices Drop Below $88 a Barrel - December 10, 2007 13:00

Oil Prices Drop Below $88 a Barrel BANGKOK, Thailand (AP) — Oil dropped below $88 a barrel in Asian trade Monday, extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from Source: c.moreover.com China Direct […]

Banks push FTSE lower - December 10, 2007 11:00

Banks push FTSE lowerNews of writedowns at Lloyds TSB and UBS pushed banking stocks lower as concerns mounted about the impact of the credit squeezeSource: www.ft.com

Reuters and Intl Herald Tribune sign content deal - December 10, 2007 11:00

Reuters and Intl Herald Tribune sign content deal LONDON (Reuters) – News and financial information provider Reuters and the International Herald Tribune said on Monday they would launch a co-branded daily online and print business report for the newspaper from next month. Source: feeds.reuters.com SocGen consolidates PACE SIV investment vehicle PARIS (Reuters) – Societe Generale […]

Oil Prices Drop Below $88 a Barrel - December 10, 2007 11:00

Oil Prices Drop Below $88 a Barrel extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from their all-time high near US$100 in November, in part on the belief that slower Source: c.moreover.com Crushers at […]

Blackstone plans bid for Rio with Chinese: paper - December 10, 2007 9:00

SYDNEY (Reuters) – Investment group Blackstone is planning a counterbid for Rio Tinto Ltd/Plc with a consortium believed to include China’s sovereign wealth fund, Britain’s Daily Telegraph newspaper reported on Monday. Read More… DUBAI (Reuters) – Strong gross domestic product growth, a booming population, and surging wealth will fuel private equity deal activity across the […]

China’s Chalco wins initial approval to take over Baotou Aluminium - December 10, 2007 9:00

China’s Chalco wins initial approval to take over Baotou Aluminium TOKYO (Thomson Financial) – Japan’s foreign minister Sunday said the Chinese version of a joint press statement released after high-level economic talks had not mentioned Tokyo’s wish to see the yuan rise in value. ‘The point that Japan raised about Source: c.moreover.com