PL UK
New Star in fresh debt talks

date: 2008-12-01 10:22:00

Shares in New Star Asset Management , a fund manager plagued by money outflows, crashed on Monday as it said it had entered fresh debt talks with banks.

source: uk.news.yahoo.com

Ryanair in new Aer Lingus offer

date: 2008-12-01 08:34:53

The budget airline Ryanair makes a fresh 748m euro ($950m; £619m) takeover offer for the Irish flag-carrier Aer Lingus.

source: news.bbc.co.uk

Green.view: Green army

date: 2008-12-01 07:47:14

Many eyes make light workTHE rich world abounds in environmental ideals but lacks biodiversity. The number of animals and plants that thrive in Europe and much of North America is only a fraction of those found in tropical regions. Too often people see environmental problems like climate change, ...

source: www.economist.com

Financial literacy: The money talks

date: 2008-12-01 06:17:37

An economist descends into the trenchesI SUPPOSE I could be described as financially literate. I have a doctorate in economics; my dissertation focused on financial decision-making. I write about economics and finance, and I’ve worked in the financial industry, designing investment ...

source: www.economist.com

Royal Bank of Scotland offers respite on mortgage arrears

date: 2008-12-01 01:49:00

The Royal Bank of Scotland is first to soften relationship between lenders and borrowers in wake of banking crisis

source: www.guardian.co.uk

Babcock & Brown expects bank announcement Wednesday

date: 2008-12-01 00:31:00

Australian investment firm Babcock & Brown expects to be able to make an announcement on discussions with its banks by Wednesday.

source: uk.news.yahoo.com

Editorial: World wide web will be a mass experience this Christmas

date: 2008-12-01 00:07:16

Editorial: After subscription costs many web activities are free and could provide a cushion during recession

source: www.guardian.co.uk

GM board reviews new turnaround plan for bailout

date: 2008-11-30 23:23:00

The board of General Motors Corp met on Sunday to review a restructuring plan intended to cut costs and win support for up to $12 billion (7.8 billion pounds) in emergency funding from the U.S. government, a person familiar with the deliberations said.

source: uk.news.yahoo.com

U.S. holiday sales view still weak after weekend rush

date: 2008-11-30 22:06:00

Consumers made repeat trips to U.S. stores to seek bargains as holiday shopping kicked off this weekend, but an early rush is unlikely to save what is shaping up to be a bleak sales season, analysts said on Sunday.

source: uk.news.yahoo.com

Barroso says crisis has brought Britain closer to euro

date: 2008-11-30 22:04:00

The international financial crisis has set off a radical change in thinking in Britain about the euro, EU commission chief Jose Manuel Barroso said Sunday.

source: uk.news.yahoo.com

Poland adopts 24-billion euro aid package

date: 2008-11-30 15:14:00

Poland adopted Sunday an economic package for 2009-2010 valued at 24 billion euros (30 billion dollars) to help weather the impact of the global financial crisis, Prime Minister Donald Tusk said.

source: uk.news.yahoo.com

Unsynchronised recovery

date: 2008-11-30 15:11:00

If markets are forward looking, investors might find themselves tempted to buy stocks and other risky assets just as major economies, most of them already in recession, deteriorate further.

source: uk.news.yahoo.com

US holiday sales make solid start

date: 2008-11-30 14:24:58

The US holiday shopping season gets off to an encouraging start, with sales on the day after Thanksgiving up 3% on last year.

source: news.bbc.co.uk

US dollar drops against euro in market shift

date: 2008-12-02 23:03:00

The US dollar fell against the euro Tuesday after recent gains as the market adjusted positions ahead of an expected sharp cut in eurozone interest rates as part of European responses to market turmoil.

source: uk.news.yahoo.com

US carmakers in new bail-out plea

date: 2008-12-02 22:54:13

US carmakers General Motors, Ford and Chrysler present their new cost-cutting plans to Congress.

source: news.bbc.co.uk

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November 2008
Yahoo up on reports of new takeover bid

date: 2008-12-02 22:49:00

Yahoo shares gained more than seven percent on Wall Street on Tuesday amid reports former AOL chief executive Jonathan Miller was trying to raise money to purchase the Internet company.

source: uk.news.yahoo.com

Global stocks rise on bargain hunting as oil skids

date: 2008-12-02 21:33:00

U.S. stocks snapped back on Tuesday, a day after a massive sell-off, as investors scooped up beaten-down shares and oil fell more than 4 percent after an OPEC pledge to cut output was only partially fulfilled.

source: uk.news.yahoo.com

Tech Weekly podcast: Startups in recession, Yahoo and Twitter

date: 2008-12-02 18:57:06

Biz Stone, the man behind microblogging sensation Twitter is interviewed, and PaidContent Founder and digital media expert Rafat Ali on the dilemma for internet startups in these tough internet times.

source: www.guardian.co.uk


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Poland adopts 24 bln euro aid package

date: 2008-11-30 14:07:00

Poland adopted Sunday an economic stabilisation and development package for 2009-2010 valued at 24 billion euros (30 billion dollars) to help weather the global financial crisis, Prime Minister Donald Tusk ...

source: uk.news.yahoo.com

Market.view: Any port in a storm

date: 2008-11-30 07:48:33

Examining the yield gap between equities and bondsRECEIVING dividends should be the main motivation for long-term investors. The investment Methuselah who bought GBP100 worth of British equities back at the ...

source: www.economist.com

Citigroup to sell trust banking unit in Japan: reports

date: 2008-11-30 05:58:00

US banking giant Citigroup, beset by the global financial turmoil, has decided to sell its Japanese trust banking unit NikkoCiti Trust and Banking, reports said Sunday.

source: uk.news.yahoo.com

Eurozone ready for rapid-fire triple rate cut: analysts

date: 2008-11-30 05:39:00

The eurozone is set for an unprecedented third interest rate cut in less than two months when European Central Bank governors meet this week in Brussels, with the key question being, by how much?

source: uk.news.yahoo.com

U.S. holiday sales get off to slow start

date: 2008-11-29 23:21:00

The U.S. holiday shopping season got off to a slow start as consumers, squeezed by the economic crisis, bought carefully and said they would wait for better deals closer to Christmas.

source: uk.news.yahoo.com

International call for action to aid poorer nations

date: 2008-11-29 22:03:00

International bodies on Saturday urged concerted action to help developing nations confront the global economic crisis, but the absence of major leaders at a UN aid conference dampened hopes of concrete ...

source: uk.news.yahoo.com

U.S. holiday shoppers buy carefully and expect more deals

date: 2008-11-29 18:32:00

The stores are open, the prices are marked down, but U.S. consumers spooked by the economic crisis bought sparingly at the start of the holiday shopping season.

source: uk.news.yahoo.com

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