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Gold and Oil News - December 10, 2007 11:00
Oil Prices Drop Below $88 a Barrel
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
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
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
Housebuilders help FTSE extend gains
Housebuilders topped the FTSE 100, after a bullish outlook statement on the UK property market from Berkeley which also announced an early return of cash to shareholders Read More…
Macrovision to buy Gemstar-TV Guide
Macrovision to buy Gemstar-TV Guide PHILADELPHIA (Reuters) – Macrovision , which makes technology that protects videos and music against illegal copying, said on Friday it agreed to buy Gemstar-TV Guide in a cash-and-stock deal worth about $2.8 billion. Source: feeds.reuters.com
Market set to open higher on jobs report (Reuters)
Reuters – Stock index futures rose on Friday, signaling a higher open on Wall Street, after a key government employment figure showed slightly higher-than-expected job growth in November. Read More…
Copper gains on anticipation of U.S. rate cut
NEW YORK: Copper prices rose Thursday for a second consecutive session on speculation that the Federal Reserve would lower borrowing costs, which could bolster economic growth and increase demand for metals. Odds that the Fed will cut interest rates by Read More… SEOUL, South Korea _ South Koreas coast guard said Friday the amount of […]
Housebuilders help FTSE extend gains
Housebuilders help FTSE extend gains Housebuilders topped the FTSE 100, after a bullish outlook statement on the UK property market from Berkeley which also announced an early return of cash to shareholdersSource: www.ft.com
Macrovision to buy Gemstar-TV Guide for $2.8 bln
Macrovision to buy Gemstar-TV Guide for $2.8 bln NEW YORK, Dec 7 (Reuters) – Video software maker Macrovision said on Friday that it would acquire television programming guide company Gemstar-TV Guide in a cash-and-stock deal worth about $2.8 billion. Source: feeds.reuters.com OECD leading indicator for G7 falls in October PARIS (Reuters) – The outlook for […]
Oil lower as OPEC keeps output quota unchanged
Oil lower as OPEC keeps output quota unchanged AFP Source: c.moreover.com Gold loses its shine, silver falls too Mumbai/New Delhi Dec 6 (PTI) Gold and silver prices in Mumbai and Delhi bullion markets today slipped by Rs 165 and Rs 145 per 10 gram respectively in line with the trend in global markets where the […]
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