PL 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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Deutsche Post cuts 9,500 DHL jobs

date: 2008-11-10 20:06:05

Deutsche Post says it will cut 9,500 jobs at DHL Express in the US and scale down the operations of the US business.

source: news.bbc.co.uk

Alitalia crew protests cause flight delays, cancellations

date: 2008-11-10 20:02:00

Scores of Alitalia flights were cancelled or delayed on Monday due to protests by pilots and cabin crew opposing new labour contracts proposed by an Italian investor group taking over the ailing airline.

source: uk.news.yahoo.com

AIG gets $150 billion government bailout

date: 2008-11-10 19:28:00

The U.S. government restructured its bailout of American International Group , raising the package to a record $150 billion (96 billion pounds) with easier terms, after a smaller rescue plan failed to ...

source: uk.news.yahoo.com

Fannie Mae loss widens to $29bn

date: 2008-11-10 15:08:41

US mortgage finance firm Fannie Mae reports a third-quarter loss of $29bn in the wake of the slowing housing sector.

source: news.bbc.co.uk

Banking crisis: US bad debts hit HSBC profits

date: 2008-11-10 12:10:42

HSBC has suffered another hit from the financial crisis after bad debts in the US soared by more than the City had feared

source: www.guardian.co.uk

Slump in manufacturing costs raises prospect of deflation

date: 2008-11-10 10:32:59

Fastest-ever fall in factory gate inflation leads economists to predict a sharp fall in prices and a further interest rates cuts

source: www.guardian.co.uk

Deutsche Post shares soar ahead of possible massive job cuts

date: 2008-11-10 10:00:00

Shares in German logistics giant Deutsche Post jumped by 5.02 percent to 9.82 euros in morning trading here on Monday as investors awaited news of deep restructuring plans, especially in the United States.

source: uk.news.yahoo.com

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