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Gold and Oil News - November 2, 2007 11:00
Financials, commodities lead TSX lower; Dow drops 362
North American stock markets posted big losses Thursday as credit worries resurfaced, oil fell, some earnings disappointed, and investors took profits. The S&P/TSX composite index fell 252.46 points to end the day at 14,372.54. It had closed Wednesday Read More… SINGAPORE: Oil prices rose Friday after the previous session’s decline prompted fresh buying amid expectations […]
War Plans: United States and Iran
A possible U.S. attack against Iran has been a hot topic in the news for many months now. In some quarters it has become an article of faith that the Bush administration intends to order such an attack before it leaves office.
Bank shares lead Asia lower
Asian stocks fell following drops on Wall Street, led by banking shares after analysts warned that further write-downs could leave Citigroup short of capital Read More…
Oil steadies but off highs on U.S. growth concerns
Oil steadies but off highs on U.S. growth concerns SINGAPORE (Reuters) – Oil steadied at over $93 a barrel on Friday as concerns over tight supplies heading into winter arrested a sharp overnight decline. Source: feeds.reuters.com Toyota gains as October U.S. auto sales weaken DETROIT (Reuters) – Toyota Motor Corp snapped out of a quarter-long […]
Practice Forex Trading – Sponsored Link
Practice Forex Trading – Sponsored Link Ad – Free $100,000 Practice Account With Real-Time Charts, News & Research! Source: c.enhance.com Company formed to open UK’s South Crofty tin mine 0:01 GMT LONDON, Nov 2 (Reuters) – Britain’s last commercial tin mine, closed almost 20 years ago, took a step closer to reopening on Friday with […]
Banks drive European stock slump
European equities moved sharply lower as banking stocks slid on worries that further writedowns on their credit market holdings were in the pipeline Read More…
PG&E posts 29 percent drop in earnings
PG&E posts 29 percent drop in earnings NEW YORK (Reuters) – California utility PG&E Corp on Thursday posted a 29 percent drop in third-quarter earnings, hurt by higher costs to buy electricity. Source: feeds.reuters.com
Market sinks on financial sector concerns (Reuters)
Market sinks on financial sector concerns (Reuters) Reuters – Stocks opened sharply lower on Thursday, with the Dow and S&P down more than 1 percent, after a downgrade of Citigroup and write-downs at Credit Suisse. Source: news.yahoo.com
Bunge to end soybean crush in Marks, Miss.
ST. LOUIS – Bunge North America said it will discontinue processing soybeans at its plant in Marks, Miss., by the end of the year but will keep the facility open as a grain elevator and will expand operations to include corn and wheat in addition to Read More… Extract not available. Read More…
Asian stocks hit records after Fed cut
Asian stocks hit records after Fed cutAsian stocks and oil prices hit record highs as a Federal Reserve rate cut and strong growth data eased concerns about the impact of a housing slump on the US economySource: www.ft.com
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