Warning: include(/var/chroot/home/content/r/a/m/ramnem/html/header.txt) [function.include]: failed to open stream: No such file or directory in /home/content/r/a/m/ramnem/html/archives/200712/20071231_world_bussiness.php on line 4

Warning: include() [function.include]: Failed opening '/var/chroot/home/content/r/a/m/ramnem/html/header.txt' for inclusion (include_path='.') in /home/content/r/a/m/ramnem/html/archives/200712/20071231_world_bussiness.php on line 4

Aegon completes Merrill insurance buy

Read full story for latest details.


Source: Business and financial news - CNNMoney.com | 31 Dec 2007 | 12:54 pm

Futures point up on year's last trading day

NEW YORK (Reuters) - Stock index futures pointed to a slightly higher market opening on Monday, with stocks attempting to squeeze out some gains on the last trading day of 2007, but data on existing home sales could limit optimism.


Source: Reuters: Business News | 31 Dec 2007 | 12:52 pm

Pakistan markets tumble after Bhutto killing

KARACHI (Reuters) - Pakistani shares slumped on Monday and the currency hit a six-year low, the first market reaction to the killing of former premier Benazir Bhutto whose death has plunged the country into a political crisis.


Source: Reuters: Business News | 31 Dec 2007 | 12:46 pm

Branson tells strikers to resign

Sir Richard Branson tells Virgin Atlantic staff unhappy with wages to quit ahead of a planned New Year strike.
Source: BBC News | Business | World Edition | 31 Dec 2007 | 12:44 pm

Island nations to join eurozone

Cyprus and Malta are adopting the euro, making the single-currency area a club of 15.
Source: BBC News | Business | World Edition | 31 Dec 2007 | 12:41 pm

Merrill in talks for bigger boost to capital: report

NEW YORK (Reuters) - Merrill Lynch & Co is in talks with Chinese and Middle Eastern sovereign wealth funds that could lead to the sale of another big stake in the U.S. bank, British newspaper The Observer reported, citing sources in London and New York.


Source: Reuters: Business News | 31 Dec 2007 | 12:25 pm

Drugmakers probed in Iraq scandal

Read full story for latest details.


Source: Business and financial news - CNNMoney.com | 31 Dec 2007 | 12:17 pm

Kerkorian buying into Delta Petroleum

Read full story for latest details.


Source: Business and financial news - CNNMoney.com | 31 Dec 2007 | 12:15 pm

Counting down on Wall Street

Stocks looked poised for a slightly higher on the last trading day of the year as investors awaited the latest reading on the housing market.


Source: Business and financial news - CNNMoney.com | 31 Dec 2007 | 12:07 pm

Oil above $96, eyes biggest gain this decade (Reuters)

This photo released by the Alaska governor's office shows Alaska Gov. Sarah Palin visiting soldiers of the Alaska National Guard's 3rd Battalion 297th Infantry Regiment at the Life Support Area in Kuwait, Tuesday, July 24, 2007. In her first year as governor of Alaska, Palin is plunging ahead with the fearlessness of a polar explorer. The Republican has raised taxes on the powerful oil industry and pushed through ethics legislation amid a burgeoning corruption investigation of Alaska lawmakers. (AP Photo/Alaska Governor's Office, Christopher T. Grammer )Reuters - Oil rose above $96 a barrel on Monday, heading for its biggest annual gain this decade as dwindling fuel stocks and growing concern over political turmoil offset the impact of a softening U.S. economy.



Source: Yahoo! News: Business | 31 Dec 2007 | 12:04 pm

Groups: Personal data theft at record level

Read full story for latest details.


Source: Business and financial news - CNNMoney.com | 31 Dec 2007 | 11:51 am

Gold heads for largest yearly rise in 3 decades (Reuters)

Pakistani police fire tear gas towards supporters of Pakistani assassinated opposition leader Benazir Bhutto, as they burn tyres in Rawalpindi December 30, 2007. Bhutto's assassination has sparked turmoil in the country, which in turn has influenced gold prices. (Mian Khursheed/Reuters)Reuters - Gold was on track for its biggest yearly gain since 1979, with prices hovering on Monday about $10 away from its historic highs.



Source: Yahoo! News: Business | 31 Dec 2007 | 11:44 am

Gold heads for largest yearly rise in 3 decades

LONDON (Reuters) - Gold was on track for its biggest yearly gain since 1979, with prices hovering on Monday about $10 away from its historic highs.


Source: Reuters: Business News | 31 Dec 2007 | 11:43 am

Kenya death toll climbs after disputed poll

Kenya was plunged into a media black out as the government banned all live broadcasts and the death toll climbed in violence sparked by president Mwai Kibaki's disputed election victory.
Source: FT.com - US homepage | 31 Dec 2007 | 11:36 am

Karachi shares fall after killing

Pakistan's main stock market index falls 4.7% in the first trading since the death of Benazir Bhutto.
Source: BBC News | Business | World Edition | 31 Dec 2007 | 11:07 am

Crude edges above $96 a barrel

Read full story for latest details.


Source: Business and financial news - CNNMoney.com | 31 Dec 2007 | 10:59 am

Waitrose takes first steps abroad

Waitrose unveils plans to expand overseas with a deal to open its food stores in the United Arab Emirates.
Source: BBC News | Business | World Edition | 31 Dec 2007 | 10:55 am

IBM to buy Israeli startup for $300 million: report

JERUSALEM (Reuters) - International Business Machines Corp is in advanced talks to buy Israeli start-up XIV Information Systems for $300 million to $350 million, financial daily Globes reported on Monday.


Source: Reuters: Business News | 31 Dec 2007 | 10:55 am

Minister says Alitalia a victim of politics: report

ROME (Reuters) - Alitalia has been exploited by politicians for too long and could not continue in its present state, Italy's economy minister told a newspaper, defending the decision to pave the way for a deal with Air France-KLM.


Source: Reuters: Business News | 31 Dec 2007 | 10:54 am

New home sales drop to lowest in 12 yrs (AP)

New homes are for sale at the Promenade Islands of Doral development in Doral, Fla. Friday, Dec. 28, 2007. Sales of new homes plunged last month to their lowest level in more than 12 years. Sales of new homes plunged last month to their lowest level in more than 12 years, a grim testament to the problems plaguing the housing sector. (AP Photo/Lynne Sladky)AP - The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years.



Source: Yahoo! News: Business | 31 Dec 2007 | 10:21 am

US festive online spending up 19%

Sales in the US by online retailers rise 19% between 1 November and 27 December, comScore says.
Source: BBC News | Business | World Edition | 31 Dec 2007 | 9:57 am

Pakistani stocks tumble after Bhutto's murder

Pakistan's main stock index tumbled the most in more than a year in the first full day of trading in Karachi since the killing of former Prime Minister Benazir Bhutto.
Source: Telegraph Business | 31 Dec 2007 | 9:30 am

Pakistan stocks, currency tumble after Bhutto killing (Reuters)

Candles are lit around a portrait of slain opposition leader Benazir Bhutto after a ceremony at a temple in Rawalpindi, Dec. 30, 2007. (Mian Khursheed/Reuters)Reuters - Pakistani shares slumped on Monday and the currency hit a six-year low, the first market reaction to the killing of former premier Benazir Bhutto whose death has plunged the country into a violent political crisis.



Source: Yahoo! News: Business | 31 Dec 2007 | 9:11 am

IBM to buy Israeli startup for $300 million: report (Reuters)

A view of an IBM facility outside Boulder, Colorado October 18, 2006. IBM is in advanced talks to buy Israeli start-up XIV Information Systems for $300 million to $350 million, financial daily Globes reported on Monday. (Rick Wilking/Reuters)Reuters - International Business Machines Corp is in advanced talks to buy Israeli start-up XIV Information Systems for $300 million to $350 million, financial daily Globes reported on Monday.



Source: Yahoo! News: Business | 31 Dec 2007 | 8:38 am

Game Group sees year profit ahead of forecast (Reuters)

A Game Group store is seen in this undated handout photo. British computer and video games retailer Game Group Plc said on Monday it expected its full-year profit to be ahead of an average market forecast following a continued strong sales performance. (Handout/Reuters)Reuters - British computer and video games retailer Game Group Plc said it expected its full-year profit to be ahead of an average market forecast after continued strong sales in the run-up to Christmas, boosting its shares.



Source: Yahoo! News: Business | 31 Dec 2007 | 8:16 am

Election officials call for Pakistan poll delay

Pakistan election officials recommended on Monday that parliamentary polls scheduled for Jan 8 be delayed for an unspecified period following unrest triggered by the assassination of Benazir Bhutto
Source: FT.com - US homepage | 31 Dec 2007 | 8:15 am

Game Group delivers post-Christmas cheer

Game Group, the high street video game retailer, has kicked off the post-Christmas selling period with the news that profits will be higher than expected, defying the prevailing gloom from the high street.
Source: Telegraph Business | 31 Dec 2007 | 7:40 am

Hang Sang ends year up 39%

Hong Kong's Hang Seng share index finishes the year up 39%, its biggest annual rise since 1999.
Source: BBC News | Business | World Edition | 31 Dec 2007 | 7:19 am

Landlords face office rent crisis

Battered sector braced for plunge in income with demand forecast to drop by up to 20pc.
Source: Telegraph Business | 31 Dec 2007 | 12:01 am

The business world in 2007

Chronology of the year.
Source: Telegraph Business | 31 Dec 2007 | 12:01 am

Famous Grouse's Glenglassaugh heads East

One of Scotland's oldest distilleries is to be acquired by a consortium of buyers from Eastern Europe in the latest vote of confidence for the booming Scotch whisky industry.
Source: Telegraph Business | 31 Dec 2007 | 12:01 am

Review of the business year from A to Z

In 2007, we became all too familiar with the undecipherable jargon of the credit market. Alistair Osborne looks back with his alphabetical Year Review.
Source: Telegraph Business | 31 Dec 2007 | 12:01 am

Euro gains on dollar in official reserves

The euro has fast gained ground against the dollar in international foreign exchange reserves in recent months, according to official statistics highlighting the currency's growing global importance
Source: FT.com - US homepage | 30 Dec 2007 | 10:01 pm

EMI faces tighter budgets

EMI's new private equity owners are restricting new artist signings and marketing budgets in an effort to impose stricter discipline in the music industry
Source: FT.com - US homepage | 30 Dec 2007 | 10:01 pm

Funds eye Africa and Mideast

Up to $1bn is set to flow into North African and Middle Eastern stock markets in the coming months as several heavyweight firms launch funds focusing on the region
Source: FT.com - US homepage | 30 Dec 2007 | 7:28 pm

Banks issue record equity to fund deals

The world's banks issued a record amount of equity in the second half of the year as they funded large deals and rebuilt their balance sheets in the wake of the global credit squeeze
Source: FT.com - US homepage | 30 Dec 2007 | 6:53 pm

Jump In New Orders Helps Maker Of Aircraft Interiors Gain Altitude

Amin Khoury knows perseverance. The airline and aerospace industries were devastated from the events of 9/11. B/E Aerospace was no exception. As...

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

Trends & Innovations - Friday

Medical centers going nuclear

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

In Brief - Friday

The Shaw Group, (SGR) an engineering and construction firm, said the SEC ended an inquiry into its accounting practices and won't take any further...

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

Business Briefs - Friday

China blocks Microsoft investment

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

Big Pharma's Rx For Growth

Lipitor, the cholesterol-lowering drug from Pfizer, has been the world's best-selling drug since the start of the decade. But its lead is...

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

'Pharmerging' Markets Poised For Drug Boom

What do China, Brazil, Mexico, South Korea, India, Turkey and Russia have in common?

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

SmartMoney Magazine: 10 Things Your Personal Trainer Won't Tell You

We reveal the 10 things you need to know before you break a sweat.


Source: SmartMoney.com | 28 Dec 2007 | 4:15 pm

Techsmart: Techsmart Portfolio Tops Nasdaq, S&P

Google was great. Palm? Not so much. We recap our best and worst tech calls.


Source: SmartMoney.com | 28 Dec 2007 | 3:57 pm

Ahead of the Curve: U.S. Economy, Stocks Fine Despite Housing Mess

The U.S. economy is faring well despite the housing mess. Just look around.


Source: SmartMoney.com | 28 Dec 2007 | 3:12 pm

Under the Radar: Small Caps Face Headwinds in 2008

Not likely. The weak dollar and a looming recession don't favor the little guys.


Source: SmartMoney.com | 28 Dec 2007 | 2:24 pm

Breaking News: Rally Stalls on Housing Data

An early rally reversed on Friday after the latest report on new home sales showed a 9% monthly drop.


Source: SmartMoney.com | 28 Dec 2007 | 2:12 pm

The Pro Shop: Accountability Claims Jobs of Wall Street CEOs

Heads are rolling on Wall Street, but do chief execs really deserve all the blame?


Source: SmartMoney.com | 27 Dec 2007 | 7:50 pm

Warning: include(/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt) [function.include]: failed to open stream: No such file or directory in /home/content/r/a/m/ramnem/html/archives/200712/20071231_world_bussiness.php on line 127

Warning: include() [function.include]: Failed opening '/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt' for inclusion (include_path='.') in /home/content/r/a/m/ramnem/html/archives/200712/20071231_world_bussiness.php on line 127

Warning: include(/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt) [function.include]: failed to open stream: No such file or directory in /home/content/r/a/m/ramnem/html/archives/200712/20071231_world_bussiness.php on line 127

Warning: include() [function.include]: Failed opening '/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt' for inclusion (include_path='.') in /home/content/r/a/m/ramnem/html/archives/200712/20071231_world_bussiness.php on line 127