Author Archive
Uncategorized - November 26, 2007 13:00
China fund denies it may gatecrash BHP’s Rio bid
BEIJING/SYDNEY (Reuters) – China’s new sovereign wealth fund denied on Monday it may team up with local steel makers to bid $200 billion for Rio Tinto Ltd/Plc , blocking a rival offer by BHP Billiton Ltd/Plc . Read More… LONDON (Reuters) – Oil rose above $99 a barrel on Monday, closing in on the $100 […]
Further Price Rises of Basic Commodities Expected in Philippines
Extract not available. Read More…
Miners drive FTSE higher
Miners drive FTSE higherRio Tinto beefed up its defences against BHP Billiton and Northern Rock shares remain above Virgin’s offer priceSource: www.ft.com
Chevron says evaluating options on Reliance Petrol
Chevron says evaluating options on Reliance Petrol MUMBAI (Reuters) – Chevron Corp , the No. 2 U.S. oil firm, said on Monday it was evaluating its options for its stake in India’s Reliance Petroleum , in which majority owner Reliance Industries sold 4 percent last week. Source: feeds.reuters.com Gold approaches 28-year high, platinum at record […]
Zinifex warns rising costs, dropping zinc price could hamper earnings
The worlds second largest zinc producer Zinifex Ltd has warned rising costs, the strong Australian dollar and lower zinc prices could hold back earnings this year. Nevertheless, net profit should still exceed last years record result after the company Read More…
US shoppers give lift to Asian markets
US shoppers give lift to Asian marketsA good start to the holiday shopping season in the US last week cheered up stock markets across the Asia Pacific region, with the MSCI Asia-Pacific index rising 3.5 percent. Source: www.ft.com
Philips to acquire Genlyte for $2.7 bln
Philips to acquire Genlyte for $2.7 bln AMSTERDAM (Reuters) – Philips Electronics is to acquire U.S. lighting maker Genlyte for $2.7 billion, making it the top lighting company in North America. Source: feeds.reuters.com Walmart.com offering online holiday deals all week NEW YORK (Reuters) – Walmart.com, hoping U.S. consumers did not get their fill of shopping […]
Inco strike ends, nickel price seen normal
Extract not available. Read More…
Asian stocks mixed as dollar sinks
Asian share markets were mixed on Friday with the biggest, Tokyo, closed for a holiday. The MSCI Asia-Pacific index climbed 0.2 per cent to 506.64 Read More…
Black Friday gets off to a frigid start
Black Friday gets off to a frigid start NEW YORK (Reuters) – The 2007 holiday shopping season kicked off on Friday with crowds of shoppers, many braving the bitter cold, snagging early bargains on one of the busiest shopping days of the year. Source: feeds.reuters.com
Most Popular Content
- Copper Finds Its Footing as Market Sentiment Improves
- S&P 500 Grinds Higher as Rate Cut Hopes Simmer
- Bitcoin Holds Near $120K as 401(k) Buzz Meets Inflation Jitters
- Pound Climbs on BoE Cut and Dovish Signals
- Gold Soars on Tariff Shock as Copper Holds Steady
- Markets Wobble After Highs as Fed Holds Steady and Earnings Send Mixed Signals
- Copper Prices Drift in the Wake of a Surprise Tariff Shock
- Gold Prices Retreat from Highs Amid Easing Geopolitical Tensions