Brown warns MPs over pay increase
Gordon Brown says MPs should not vote for an above-inflation pay rise, but demonstrate "discipline".Source: BBC News | Business | World Edition | 6 Jan 2008 | 1:29 pm
Home price fall 'risks Rock sale'
Concerns about a slump in UK house prices may damage chances of selling Northern Rock, a report says.Source: BBC News | Business | World Edition | 6 Jan 2008 | 1:22 pm
Goldman close to completing N. Rock financing: paper
LONDON (Reuters) - Goldman Sachs is close to completing a 15 billion pound ($29.5 billion) financing package to be used by suitors for UK lender Northern Rock , the Sunday Times reported, adding details may be unveiled this week.Source: Reuters: Business News | 6 Jan 2008 | 12:27 pm
Market determines oil prices: Saudi Arabia
RIYADH (Reuters) - Saudi Oil Minister Ali al-Naimi said on Sunday that the rise in oil prices to a record high had been determined by market forces.Source: Reuters: Business News | 6 Jan 2008 | 12:00 pm
'Christmas sales growth' at M&S
Marks and Spencer is set to report a growth in Christmas sales despite High Street gloom, reports suggest.Source: BBC News | Business | World Edition | 6 Jan 2008 | 11:38 am
Gulf Arab stocks still appealing after rally: Nomura
DUBAI (Reuters) - Gulf Arab stock markets will continue to attract foreign investors seeking to tap a regional economic boom even after a rally in the fourth quarter left "few bargains" on regional bourses, Nomura said on Sunday.Source: Reuters: Business News | 6 Jan 2008 | 9:12 am
No-nonsense BHP boss has Rio in his sights
MELBOURNE (Reuters) - If BHP Billiton's new chief executive Marius Kloppers walks away from his bold proposal to buy rival mining titan Rio Tinto, and that's a big if, it won't be for lack of trying.Source: Reuters: Business News | 6 Jan 2008 | 5:18 am
U.S. video game industry growth seen slowing (Reuters)
Reuters - U.S. video game industry sales growth is expected to slow in 2008 as accelerated demand for software is tempered by a decline in hardware revenue, the Consumer Electronics Association said on Saturday.Source: Yahoo! News: Business | 6 Jan 2008 | 1:31 am
U.S. video game industry growth seen slowing
LAS VEGAS (Reuters) - U.S. video game industry sales growth is expected to slow in 2008 as accelerated demand for software is tempered by a decline in hardware revenue, the Consumer Electronics Association said on Saturday.Source: Reuters: Business News | 6 Jan 2008 | 1:31 am
Japan's new rich party like it's 1989
TOKYO (Reuters) - They customize the headrests of their Rolls-Royces with "Harry Potter writing," sip martinis poured over diamonds and buy $130,000 watches on a whim.Source: Reuters: Business News | 6 Jan 2008 | 12:56 am
No-nonsense BHP boss has Rio in his sights (Reuters)
Reuters - If BHP Billiton's new chief executive Marius Kloppers eventually walks away from his bold proposal to buy rival mining titan Rio Tinto, and that's a big if, it won't be for lack of trying.Source: Yahoo! News: Business | 6 Jan 2008 | 12:12 am
Top banks to stand trial in Parmalat case
Four of the world's largest investment banks have been ordered to stand trial for stock market manipulation during the collapse of Parmalat, the Italian dairy group, in 2003.Source: Telegraph Business | 6 Jan 2008 | 12:05 am
Global Radio offers £300m for GCap Media
Richard Eyre, the chairman of Capital Radio owner GCap Media, will this week be forced to explain why he has rejected a takeover proposal from rival Global Radio that would have valued GCap at more than £296m, nearly £100m more than its stock market value on Friday night.Source: Telegraph Business | 6 Jan 2008 | 12:01 am
Traders seek present from shorting Debenhams
City traders have staked more than £150m on a disappointing Christmas trading update from troubled retailer Debenhams.Source: Telegraph Business | 6 Jan 2008 | 12:01 am
Anglo shelves sale of Tarmac
Mining giant Anglo American has postponed plans to sell its £3bn Tarmac business until credit markets return to normal.Source: Telegraph Business | 6 Jan 2008 | 12:01 am
Towergate plans £1bn refinancing
Towergate Partnership, Europe's largest independent insurance group, is planning a £1bn refinancing of the business to help to fund new acquisitions.Source: Telegraph Business | 6 Jan 2008 | 12:01 am
Hands continues to clear out EMI old guard
Guy Hands has parted company with the chief operating officer at EMI in a review of the business which includes plans to create closer ties between the record label and his chain of Odeon and UCI cinemas.Source: Telegraph Business | 6 Jan 2008 | 12:01 am
Sky wants Picnic as ITV faces challenges
2008 will be one of explosive change for television. All the main broadcasters face crucial challenges in TV's most important year since 1990. Mathew Horsman reports.Source: Telegraph Business | 6 Jan 2008 | 12:01 am
Hedge fund investing is child's play
Chris Hohn's hedge fund, TCI, is understood to have clocked up gains of almost 40 per cent last year, after reaping huge profits from the sale of Dutch bank ABN Amro.Source: Telegraph Business | 6 Jan 2008 | 12:01 am
Wal-Mart loses state tax case
Source: Business and financial news - CNNMoney.com | 5 Jan 2008 | 11:24 pm
'Subprime' named Word of the Year
Read full story for latest details.Source: Business and financial news - CNNMoney.com | 5 Jan 2008 | 8:48 pm
Ohio State beats LSU...
There has never been a better year for upsets in college football than 2007. But there's one place where the traditional powerhouses still dominate - in the rankings of revenue and profits.Source: Business and financial news - CNNMoney.com | 5 Jan 2008 | 5:29 pm
Motorola heads to CES with dull Razr
Read full story for latest details.Source: Business and financial news - CNNMoney.com | 5 Jan 2008 | 4:44 pm
More bank dividend cuts coming
Read full story for latest details.Source: Business and financial news - CNNMoney.com | 5 Jan 2008 | 4:44 pm
Fed policy views split due to uncertainty: Kohn (Reuters)
Reuters - Federal Reserve's vice chairman acknowledged on Saturday that the central bank's message had been clouded by a difference of opinions being voiced by policy-makers, but warned markets to learn to live with it.Source: Yahoo! News: Business | 5 Jan 2008 | 4:28 pm
Fed policy views split due to uncertainty: Kohn
NEW ORLEANS (Reuters) - Federal Reserve's vice chairman acknowledged on Saturday that the central bank's message had been clouded by a difference of opinions being voiced by policy-makers, but warned markets to learn to live with it.Source: Reuters: Business News | 5 Jan 2008 | 4:28 pm
How Bush may boost the economy
Word is that President Bush may propose new measures to boost the economy by the time he gives his State of the Union address later this month.Source: Business and financial news - CNNMoney.com | 5 Jan 2008 | 3:30 pm
Unemployment up, stoking recession fears (AP)
AP - Wary employers clamped down on hiring and pushed the unemployment rate to a two-year high of 5 percent in December, an ominous sign that the economy may slide into recession. President Bush explored a rescue package, including a tax cut, with his economic advisers.
Source: Yahoo! News: Business | 5 Jan 2008 | 12:29 pm
Wall Street skids as jobs data stirs recession fear
NEW YORK (Reuters) - U.S. stocks tumbled on Friday, with the Nasdaq logging its sharpest decline in nearly a year, after data showing rising unemployment stoked expectations of a recession.Source: Reuters: Business News | 5 Jan 2008 | 1:38 am
In Brief - Friday
Wendy's (WEN), the nation's No. 3 hamburger chain, said its Q4 U.S. same-store sales fell 0.8%, down from a 3.1% increase a year ago. Shares...Source: Investor's Business Daily: BUSINESS | 5 Jan 2008 | 12:48 am
Business Briefs - Friday
Xbox Live glitches vex MicrosoftSource: Investor's Business Daily: BUSINESS | 5 Jan 2008 | 12:48 am
After The Close - Friday
DELTA AIR LINES (DAL) said Dec. traffic rose 3% as capacity grew 3%. Load factor slipped 0.1 percentage point 15 77.7%. Shares fell.Source: Investor's Business Daily: BUSINESS | 5 Jan 2008 | 12:48 am
Electronic Payment Provider Toils In A Very Fast-Growing Industry
The Internet can take the stress out of shopping for holiday gifts. CyberSource tries to take the stress out of the equation for retailers.Source: Investor's Business Daily: BUSINESS | 5 Jan 2008 | 12:48 am
Getting Power To The People
The electrical equipment industry is surging.Source: Investor's Business Daily: BUSINESS | 5 Jan 2008 | 12:48 am
EnerSys Powering Up As Lead Prices Swell
EnerSys, the world's largest industrial battery manufacturer, is charged up about growth.Source: Investor's Business Daily: BUSINESS | 5 Jan 2008 | 12:48 am
Trends & Innovations - Friday
Music lovers tuning in to digitalSource: Investor's Business Daily: BUSINESS | 5 Jan 2008 | 12:48 am
Fed ups credit auction offering
The US Federal Reserve increases the amount of money available as it seeks to ease the credit crunch.Source: BBC News | Business | World Edition | 5 Jan 2008 | 12:44 am
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