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Gold and Oil News - November 19, 2007 9:00
China minerals demand may wane – LME executive
China minerals demand may wane – LME executive SYDNEY, Nov 19 (Reuters) – China’s hefty appetite for raw materials may wane after next year’s Olympics as social and inflationary pressures curb investment, London Metal Exchange director Phillip Crowson said on Monday. Crowson, also a former Rio Tinto Source: c.moreover.com Oil Prices Rise to Mid-$94 a […]
US worries knock Asian markets
Shares fell across the Asia-Pacific region on the possibility of higher interest rates in China, the stronger yen and worries about the effect of a US housing recession and financial market turmoil Read More…
Smucker profit rises on sales increase
CHICAGO (Reuters) – Peanut butter and jelly maker J.M. Smucker Co posted higher quarterly profit on Friday as price increases and an acquisition helped offset soaring commodity costs. Read More…
Futures signal rebound heading to weekend (Reuters)
Futures signal rebound heading to weekend (Reuters) Reuters – Stock index futures on Friday signaled a bounce-back after recent losses, while investor worries about weakening consumer spending and credit market losses could limit gains. Source: news.yahoo.com
Uncertainty hovers over OPEC summit
Cartel contends with politics, prices and its future RIYADH, Saudi Arabia – In September 1960, after the mighty Standard Oil of New Jersey dictated a cut in the price it was willing to pay for Middle Eastern oil, an angry group of leaders from the region Read More…
FTSE falls as banking jitters linger
London equities fell further, with investors still wary of the banking sector as the deadline for rescue bids for Northern Rock loomed. Read More…
Pace of Chinese investment quickens, rate rise seen
Pace of Chinese investment quickens, rate rise seen BEIJING (Reuters) – Chinese capital spending in October rose at the briskest pace in over a year, rounding out a strong batch of monthly economic data and cementing expectations of a fresh rise in interest rates, possibly as early as Friday. Source: feeds.reuters.com Kohl’s posts lower profit, […]
Gourmet chocolate exports lead to Australia’s first commercial cocoa farm
Extract not available. Read More…
US worries knock Asian markets
US worries knock Asian marketsShares fell across the Asia-Pacific region on the possibility of higher interest rates in China, the stronger yen and worries about the effect of a US housing recession and financial market turmoilSource: www.ft.com
FCC approves AT&T’s acquisition of Dobson
WASHINGTON (Reuters) – The U.S. Federal Communications Commission said on Thursday it approved AT&T Inc.’s acquisition of Dobson Communications Corp. . Read More…
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