Reuters - Oil rose towards $130 a barrel on Monday
after its biggest one-week slide on record as inconclusive
talks between Iran and world powers over Tehran's disputed
nuclear programme dimmed prospects of ending the row.
Reuters - A raft of concerns about the state of
the global economy, corporate earnings and the banking system
sent European shares lower on Monday, shrugging off large gains
in Asia.
Reuters - Swiss drugmaker Roche
Holding AG offered to acquire all outstanding shares
in its U.S. partner Genentech Inc for $43.7 billion in
cash to reinforce its position in cancer medicines. -- read full article
Mon, 21 Jul 2008 07:28:51 GMT - Yahoo! News: Business
AFP - The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.
Reuters - Wal-Mart Stores Inc
presented a colorful, casual line of youthful looks for kids
and teens on Saturday at a fashion show that previewed the
mass-market chain's new low-cost offerings for back to school. -- read full article
Sun, 20 Jul 2008 06:03:51 GMT - Yahoo! News: Business
Reuters - A judge was right to throw out a
jury's securities fraud conviction of a former New York Stock
Exchange floor trader because prosecutors did not prove their
case, a federal appeals court ruled on Friday.
AFP - US President George W. Bush assured Americans Saturday that the battered US economy will "pull through" despite continuing housing woes and a spike in inflation.
Reuters - The European Commission wants to
cooperate closely with the U.S. Securities and Exchange
Commission (SEC) on the planned regulation of credit rating
agencies, the German financial weekly Euro am Sonntag reported. -- read full article
Sat, 19 Jul 2008 10:00:15 GMT - Yahoo! News: Business
Reuters - Car maker Ford Motor Co is
drawing up plans to retool American plants to make small,
fuel-efficient passenger cars that it mainly makes and sells in
Europe, the Wall Street Journal reported on Saturday. -- read full article
Sat, 19 Jul 2008 17:52:14 GMT - Yahoo! News: Business
Investor's Business Daily - If you run a small company that does not have a 401(k) plan, you may be missing out on a two-pronged benefit. -- read full article
Fri, 18 Jul 2008 22:11:20 GMT - Yahoo! News: Business
AFP - Britain's economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling said in an interview published Saturday.
Reuters - The first bids for the storied
Chicago Cubs baseball team and related assets were submitted on
Friday in an auction that could fetch more than $1 billion,
according to a source close to the process.
Reuters - The government is considering bringing
further criminal charges in the case involving two former Bear
Stearns executives indicted last month related to the collapse
of two hedge funds they oversaw, a federal prosecutor said on
Friday.
Reuters - Citigroup chairman Win Bischoff has
warned that house prices in Britain and the United States are
likely to keep falling for another two years. -- read full article
Sat, 19 Jul 2008 08:11:09 GMT - Yahoo! News: Business
Reuters - Freddie Mac won approval
from regulators on Friday to sell the stock needed to overcome
mounting losses, and the Wall Street Journal said the mortgage
finance company may seek $10 billion.