Economy extends job loss streak (Reuters)
U.S. employers cut workers for a sixth straight month in June for the longest such streak since 2002 and vast service sector unexpectedly contracted, underscoring the economy's frailty. The Labor ...
20 news stories / 19 blog posts / 1 image / 30 videos / 0 voices
Infratil requests trading halt pending announcement (NZPA)
The New Zealand dollar slipped against a rallying greenback overnight, and also dropped to a new seven-year low against the Australian currency...Asia Business News Brisbane, Australia, July 3, 2008 - ...
19 news stories / 11 blog posts / 0 images / 30 videos / 0 voices
Brown hints at fuel duty freeze
He refused to say it would not go ahead but told MPs: "I think you will find that in most years since 2000 that the duty has actually been frozen." There has been speculation that the government is to ...
15 news stories / 6 blog posts / 20 images / 16 videos / 0 voices
Penn National says takeover deal terminated
Quote , Profile , Research , Stock Buzz ) said on Thursday its $6.1 billion takeover pact has been terminated, marking the latest leveraged buyout to crumble amid the tight credit markets and weak U.S....
10 news stories / 12 blog posts / 5 images / 11 videos / 0 voices
Saudi Arabia 'concerned' about oil price: minister
Saudi Arabian Oil Minister Ali al-Nuaimi said on Thursday that his country, the leading oil exporter in the world, was "concerned" about record crude prices. "Yes, we are concerned about high prices," ...
15 news stories / 30 blog posts / 30 images / 30 videos / 0 voices
AirTran June traffic rises on capacity boost
The airline flew 1.89 billion revenue passenger miles in the month, up from 1.63 billion in June 2007. A revenue passenger mile is an industry measurement accounting for one paying passenger flown one ...
6 news stories / 2 blog posts / 7 images / 9 videos / 0 voices
Ex-Refco CEO Gets Prison Sentence
Bennett, Refco Inc.'s former chief executive, was sentenced to 16 years in prison Thursday after he pleaded guilty to criminal charges in a scheme to hide the commodities broker's financial troubles......
6 news stories / 12 blog posts / 9 images / 5 videos / 0 voices
Stocks end mixed following jobs, services data
Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But ...
5 news stories / 26 blog posts / 1 image / 26 videos / 0 voices
Steel producers agree to cut prices
In a bid to help the Government fight inflation, the steel industry on Thursday agreed to reduce prices of select products by up to 10 per cent and also discourage exports to ensure greater domestic ...
8 news stories / 3 blog posts / 13 images / 6 videos / 0 voices
Oil boils, Sensex recoils
And as this cycle of oil-driven inflation continues to plague the Indian economy for the next few months, the Sensex will flirt with the two, with a near-term perspective being one of gloom. After ...
11 news stories / 17 blog posts / 2 images / 30 videos / 0 voices
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