Business and Finance News
- T. Boone Pickens warns of $300 oil
Liberia News.Net
Billionaire oil investor T. Boone Pickens has told legislators that oil prices will hit US$300 a barrel in 10 years.
- Bush raises eyebrows with stock market comment
Liberia News.Net
US President George Bush has made an unguarded comment at a Houston fundraiser.
- New fees mean turnaround for airlines
Liberia News.Net
New travel fees have meant hundreds of millions of dollars a year for beleaguered airlines.
- Italians lose confidence in economy
Liberia News.Net
Italian consumer confidence has slumped in July to the lowest level since the 1993 recession.
- Lufthansa pilots on pay strike
Liberia News.Net
Lufthansa has been forced to cancel nearly 1,000 flights in Germany because of an unannounced strike by pilots.
- Wachovia takes big hit on the market
Liberia News.Net
US banking giant Wachovia has announced a quarterly loss of US$8.662 billion.
- Small town hit by housing crisis
Liberia News.Net
The mortgage crisis has hit the small town of Vallejo, near San Francisco.
- UK chains drop fuel prices
Liberia News.Net
A number of UK national supermarket chains and an oil company have said they will cut the price of fuel.
- Stock markets tepid in early trading
The Detroit News
Advertisement A drop in energy prices would benefit a wide spectrum of companies, including airlines, manufacturers and even retailers. It also helped distract investors from some...
- Philadelphia Consolidated Holding Corp. Second Quarter Results...
CNBC
... (unaudited) 2007 Assets ...
- Dutch telecom KPN 2Q earnings fall
CNBC
All Associated Press news The Dutch telecommunications company Royal KPN NV said Wednesday its profit fell 12 percent in the second quarter, due to restructuring...
- Bush will sign housing bill into law-W. House
San Diego Union-Tribune
WASHINGTON – President Bush will sign into law a housing rescue package, despite objections about a provision to provide grants to communities to buy and repair foreclosed homes, because the...
- Wall Street inspires local buyers
Business Report
2008 By Tiisetso Motsoeneng Johannesburg - The JSE opened higher on Wednesday, inspired by overnight gains on Wall Street, but miners weighed on faltering commodity prices, traders said. ...
- Nath asks US to offer "real" cuts in subsidy
Times Of India
Commerce and Industry Minister Kamal Nath, who rejoined the WTO talks in Geneva on Wednesday, said the US must offer "real" cuts in subsidy to its farmers and its proposal to reduce the...
- Pfizer profit doubles, but anti-smoking drug lags
San Diego Union-Tribune
NEW YORK – Pfizer Inc Wednesday said quarterly earnings more than doubled on higher sales of its prescription drugs and lower expenses, but its Chantix quit-smoking drug lost more than a third...
- Telenor reports higher second-quarter earnings
Earth Times
Oslo - Norwegian telecommunications group Telenor Wednesday posted an increase in pre-tax profit and sales for the second quarter of 2008. Pre-tax profit was 5.2 billion kroner (1 billion dollars)...
- Bush at private event
Reuters
President George W. Bush has an explanation for the housing-market meltdown that has thrown the global economy into turmoil: Wall Street got drunk.
- FatWire Reports Record-Breaking Results
CNBC
FatWire Software, the largest privately-held Web Experience Management ...
- Martha Stewart Crafts Line to Expand to Wal-Mart
K8
Martha Stewart Living Omnimedia Incorporated says it will expand its Martha Stewart Crafts line in Wal-Mart Stores starting this month. The step announced today will be the company's first foray...
- MMC to Hold Investor Call on August 6 to Discuss Second Quarter...
CNBC
Marsh & McLennan Companies,in a news release to be issued before the market opens. The release will also...
- Microsoft Pushes For User Created Xbox Games
RedOrbit
Posted on: Wednesday, 23 08:55 CDT Microsoft Corp is following the lead of popular websites Facebook and YouTube, as it begins to rely on Xbox 360 users to create new video games and...
- Strong rise in UK banking shares
BBC
Shares in some of the UK's leading banks have risen strongly on the back of takeover rumours and hopes of a recovery in the financial sector. HBOS, the UK's biggest mortgage lender, jumped 10% on...
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