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Uncategorized - November 30, 2007 15:00
Wall St set for lift after Fed chief’s rate hint
Wall Street stocks were set for a sharply higher start, with the prospect of a Federal Reserve rate cut dulling what has been the worst month for equities in nearly five years Read More…
Tiffany’s profit higher
NEW YORK (Reuters) – Jeweler Tiffany & Co reported a sharp increase in third-quarter profit on Friday, boosted by a gain from the sale of its Tokyo flagship store, and raised its full-year profit forecast. Read More…
Wall Street set to jump on rate cut hopes (Reuters)
Wall Street set to jump on rate cut hopes (Reuters) Reuters – Stock index futures were up sharply on Friday, indicating a higher market open, after comments by Federal Reserve Chairman Ben Bernanke bolstered belief in the market that another interest-rate cut is on the horizon. Source: news.yahoo.com
Japan”s crude oil dependence on Kuwait, Middle East down
Japan”s crude oil dependence on Kuwait, Middle East down TOKYO, Nov 30 (KUNA) — Japan’s crude oil imports from Kuwait edged down 0. 1 percent in October from a year earlier to 8.30 million barrels but soared 32. 5 percent from the previous month, according to the report released Friday by the government Source: c.moreover.com […]
Banks backing Sequa buy-out raise $1.2bn
Underwriters funding the leveraged buy-out of the car and aircraft parts manufacturer have sold loans linked to the deal at a discount steeper than expected Read More…
Kazakhstan plans new oil production tax
Kazakhstan plans new oil production tax ASTANA (Reuters) – Kazakhstan plans to introduce a new oil production tax to boost budget revenues, a senior official said on Friday, in a move certain to alarm foreign investors in the oil-rich Central Asian state. Source: feeds.reuters.com
Wall St seen up on Bernanke (Reuters)
Reuters – U.S. stock index futures pointed to early gains on Wall Street on Friday, after the Federal Reserve fuelled speculation of a possible December rate cut, and investors looked ahead to key economic data releases. Read More…
Oil prices soar again
Oil prices soar again World oil prices rebounded strongly Thursday as a fire struck a Canadian pipeline sending crude to the United States, the world’s biggest consumer of energy. Oil futures had tumbled Wednesday on a smaller-than-expected decline in US energy reserves and Source: c.moreover.com Govt justifies wheat import citing short domestic procurement Your browser […]
Colt stands out on FTSE
London equities were little changed on Friday, but reports of potential bid activity lifted shares in Colt Telecom. Read More…
Newmont sells royalty, non-core assets for $1.3 billion
NEW YORK (Reuters) – Newmont Mining Corp , the world’s No. 2 gold producer, on Friday said it agreed to sell its royalty assets and other non-core investments to Franco-Nevada Corp in a deal worth about $1.3 billion. Read More… NEW YORK (Reuters) – Stocks edged higher on Thursday as shares of Exxon Mobil and […]
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