
Debt-laden miner Rio Tinto reaps rights bonanza
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AFP
- Fri 03 Jul, 03:56 AM
Mining giant Rio Tinto has confirmed a huge take-up for its record rights offering after investors snapped up the Australian portion, allowing it to pay off a large chunk of its heavy debt.
Obama sure of rebound despite job loss figures
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AFP
- Fri 03 Jul, 03:14 AM
President Barack Obama said he was confident the US economy would recover, despite new data showing unemployment at a 26-year-high of 9.5 percent, which dampened hopes of a quick rebound.
GM bankruptcy exit hearing closes
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AFP
- Thu 02 Jul, 10:07 PM
The fate of General Motors was placed in the hands of a New York judge Thursday who must decide whether the largest US automaker can execute a swift exit from bankruptcy protection by selling its best assets to a new company.
Siemens to pay $100 million to fight graft: World Bank
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AFP
- Thu 02 Jul, 08:38 PM
German industrial giant Siemens will pay 100 million dollars over 15 years into a fund to fight corruption after probes revealed fraud at its subsidiaries, the World Bank said Thursday.
Weak US jobs data dashes quick recovery hopes
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AFP
- Thu 02 Jul, 08:17 PM
Dampening hopes of an early recovery from recession, official figures Thursday showed US job losses surged to 467,000 in June, pushing the unemployment rate to a new 26-year high of 9.5 percent.
Austrian Airlines to cut 1,000 jobs: company
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AFP
- Thu 02 Jul, 07:40 PM
Austrian Airlines said Thursday it would cut 1,000 jobs following record losses in 2008 and amid a troubled bid by German flag carrier Lufthansa to take over the company.
Market overview: FTSE 100 closes down 106
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ShareCast - Thu 02 Jul, 05:21 PM
1630 close: Footsie closed the day nursing triple-digit losses as investors took fright following poor US monthly jobs figures. WPP was the day's worst performer as Citigroup downgraded the UK advertising firm to sell from hold. Rio Tinto also fell despite a strong response to its $15.2bn rights issue. Shareholders have taken up 96.97% of the shares offered to them, with major shareholder Chinalco has taken up its entitlement in full. London Stock Exchange fell after it announced a new pricing scheme yesterday. The stock market operator says the new tariff would have resulted in £3m worth of trading fee reductions between January and March. FTSE 100 down 106 points to 4234.
Boeing aircraft deliveries steady at 125 in quarter
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AFP
- Thu 02 Jul, 05:06 PM
Boeing Co. said Thursday it delivered 125 civilian aircraft in the second quarter, little changed from the 126 in the same period a year ago.
Oracle to cut up 1,000 jobs in Europe: unions
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AFP
- Thu 02 Jul, 04:16 PM
US software giant Oracle has unveiled plans to cut 850 to 1,000 jobs in Europe in light of weaker than expected growth projections, trade unions said Thursday.
Cash rolls in at NCC
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ShareCast - Thu 02 Jul, 04:09 PM
IT security assurance group NCC Group put in a strong second half to its financial year to achieve its strongest performance in its five year history as a public company.
FTSE 100 movers: Miners hit by market wobble
03:52 PM
[
ShareCast]
Market overview: FTSE 100 down 98
03:44 PM
[
ShareCast]
US loses 467,000 jobs, unemployment at 9.5%
02:37 PM
[
AFP
]
Market overview: FTSE 100 down 79
02:27 PM
[
ShareCast]
FTSE 250 movers: Investors show thirst for pubs
02:16 PM
[
ShareCast]
Broker snap: Greene King tops forecasts
01:30 PM
[
ShareCast]
Analyst Picks and Pans: Nasdaq, Myriad Genetics, Sealy [at BusinessWeek Online]
01:23 PM
[
BusinessWeek Online]
Pirate Bay's Weird New Business Plan
01:23 PM
[
BusinessWeek Online]
Retirement: Global Destinations Increase [at BusinessWeek Online]
01:23 PM
[
BusinessWeek Online]
Toyota, GM End Long, Costly Marriage [at BusinessWeek Online]
01:23 PM
[
BusinessWeek Online]
Inside Disney's Toy Factory
01:23 PM
[
BusinessWeek Online]
H&M Stays Upbeat in Tough Times
01:23 PM
[
BusinessWeek Online]
Why the Nasdaq Outperformed the Blue Chips [at BusinessWeek Online]
01:23 PM
[
BusinessWeek Online]
Is Constellation Brands Brewing a Comeback? [at BusinessWeek Online]
01:23 PM
[
BusinessWeek Online]
Career Q&A: The Upside to the Down Economy [at BusinessWeek Online]
01:23 PM
[
BusinessWeek Online]
Rio Tinto seals rights issue with help from Chinalco
12:59 PM
[
AFP
]
Market overview: FTSE 100 down 34
12:46 PM
[
ShareCast]
Prudential UK chief takes exit
12:41 PM
[
ShareCast]
Rio Tinto says 97% of new London shares sold
11:54 AM
[
AFP
]
Eurozone unemployment hits 10-year high
11:52 AM
[
AFP
]
Rio Tinto sells 97% of new London shares
11:28 AM
[
AFP
]
Two Koreas fail to agree in talks on joint project
10:25 AM
[
AFP
]
Market overview: FTSE 100 is down 36
10:00 AM
[
ShareCast]
G8 alone can't solve world's problems
09:39 AM
[
AFP
]
Two Koreas end talks on fate of joint project
09:24 AM
[
AFP
]
Telefonica, France Telecom interested in T-Mobile
09:02 AM
[
AFP
]
China may allow foreign firms to list: govt
08:56 AM
[
AFP
]
Market overview: FTSE 100 is down 39
08:45 AM
[
ShareCast]
Zurich Financial takes over AIG auto insurance
08:44 AM
[
AFP
]
ProStrakan settles Aventis tax claim
08:30 AM
[
ShareCast]
Flat performance seen at Hydrogen
08:25 AM
[
ShareCast]
Volvere performing "extremely well"
08:17 AM
[
ShareCast]
Photo-Me names interim CEO, reduces losses
08:04 AM
[
ShareCast]
Rio Tinto says 97 pct of new London shares sold
07:48 AM
[
AFP
]
Two Koreas hold new talks on fate of joint project
07:41 AM
[
AFP
]
Domino's Pizza buys leasing business
07:33 AM
[
ShareCast]
US government will pull out of GM if no deal by July 10: official
10:45 PM
[
AFP
]
US govt will pull out of GM if no deal by July 10: official
09:31 PM
[
AFP
]
Loan Firm Sacks Bosses Behind £700m Loss
09:13 PM
[
Sky News]
IMF board clears plan for first bonds
09:04 PM
[
AFP
]
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