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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Eurozone backs away from 200-bln-euro stimulus target

date: 2008-12-01 23:11:00

Finance ministers from the 15 countries sharing the euro failed on Monday to commit to a proposed 200-billion-euro economic stimulus target while agreeing they need a joint anti-recession package.

source: uk.news.yahoo.com

Dollar, yen profit from investor risk aversion

date: 2008-12-01 23:01:00

The dollar and particularly the yen strengthened on Monday as investors sought safe havens in global economic jitters that sent US and European stock markets plunging.

source: uk.news.yahoo.com

Wall Street plunges as recession becomes reality

date: 2008-12-01 21:41:00

Wall Street stocks plunged Monday, giving back most of their gains from the past week, amid bleak economic news from around the globe including confirmation of a recession in the United States.

source: uk.news.yahoo.com

US factory output plummets again

date: 2008-12-01 16:46:03

US manufacturing activity fell in November to a fresh 26-year low, the latest Institute for Supply Management data shows.

source: news.bbc.co.uk

Ford mulls sale of Volvo Car

date: 2008-12-01 15:10:00

Ailing US automaker Ford said Monday it would consider selling its Sweden-based subsidiary Volvo Car as part of a strategic realignment in the face of an auto industry slump.

source: uk.news.yahoo.com

Oil falls below $52 after OPEC defers output cut

date: 2008-12-01 13:43:00

Oil fell more than $3 to below $52 a barrel on Monday after OPEC decided to wait until mid-December to make another cut in output to try to defend sagging prices.

source: uk.news.yahoo.com

World stocks and oil fall after grim data

date: 2008-12-01 13:29:00

World stocks ended six consecutive days of gains on Monday and oil prices tumbled, boosting flows into the low-yielding yen as data showing slumping manufacturing activity in China and Europe fanned concerns over the economy.

source: uk.news.yahoo.com

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