Archive | April, 2010

Analysts upbeat as BP faces disaster costs

Many stock analysts were recommending that investors buy BP shares, arguing that the market reaction to the Deepwater Horizon disaster had been overdone

Read the full story

Posted in Commodities, Energy0 Comments

Vale snaps up concession in Guinea

Brazilian miner scores a big victory in an intensifying global battle to control new sources of iron ore, with the purchase of a mining concession in Guinea for $2.5bn

Read the full story

Posted in Emerging Markets0 Comments

Coast fouled by lifeblood of the local economy

The spill presents a greater threat to the region than a succession of storms, writes Sheila McNulty

Read the full story

Posted in Commodities, Energy0 Comments

Man in the News: Tony Hayward

The BP chief executive brought in to improve safety faces his defining moment

Read the full story

Posted in Commodities, Energy0 Comments

About 167,000 Acuras recalled for fire risk

Honda Motor Co. is recalling 167,000 cars from its luxury Acura division because of the risk of a fire in the engine compartment.

Read the full story

Posted in Stock Market, US Markets, US News0 Comments

Lara Croft escapes console in latest adventure

The next iteration of the game franchise will be released as an internet download only, as Square Enix becomes the latest games publisher to tap the growing consumer appetite for online gaming

Read the full story

Posted in Stock Market - Asia0 Comments

Auto industry gains are lifting Detroit’s spirits (AP)

Chart shows Ford Motors quarterly earnings for 2009 andAP – In Detroit, a city all too familiar with bad economic news, the past week has brought some good news for a change.

Read the full story

Posted in Stock Market, US Markets0 Comments

Fed creates new tool to assist eventual tightening (Reuters)

Reuters – The U.S. Federal Reserve on Friday authorized a new mechanism that it said can eventually be used to withdraw excess cash from the banking system.

Read the full story

Posted in Stock Market, US Markets0 Comments

Essar lowers sights, UralChem postpones IPO

MUMBAI/LONDON (Reuters) – India’s Essar Energy cut its offer price for a planned London listing on Friday, hours after Russia’s Uralchem postponed its flotation as investors turned more discerning towards share issues.

Read the full story

Posted in Stock market - Europe0 Comments

Nasdaq OMX readies for interest rate swap battle

NEW YORK (Reuters) – Exchange operator Nasdaq OMX Group Inc was at its most aggressive yet on Friday, saying it will take on LCH.Clearnet and CME Group Inc in the nascent market for clearing interest rate swaps.

Read the full story

Posted in Stock market - Europe0 Comments

Archives