LONDON (Reuters UK) - Rio Tinto RIO RIO is seeking to secure power supplies for its primary aluminium smelter in Britain beyond the expiry of its present contract at the end of 2009, a company spokesman said on Thursday. "We're still negotiating and hoping we can...
By Annika Breidthardt SINGAPORE (Reuters UK) - Oil steadied above $124 on Thursday, after extending a steep drop from this month's record high due to U.S. data that signalled economic woes and high prices were slowing demand in the world's top consumer. Prices have now fallen...
LONDON (Reuters UK) - The pound held firm against the dollar on Tuesday as worries about the U.S. economy and its financial sector kept the U.S. currency weak across the board. The pound's gains versus the dollar were limited however, and it remained depressed against the...
By Elaine Lies TOKYO (Reuters UK) - Japan's Nikkei stock average climbed 1 percent on Wednesday, with Canon Inc and fellow exporters leading it higher after the dollar gained against the yen on oil's fall to a six-week low. Mitsubishi Estate Co Ltd and Mitsui Fudosan...
TOKYO (Reuters UK) - Japan's Nikkei stock average rose more than 2 percent on Tuesday, with trading houses such as Itochu Corp surging after oil rose and banks gaining after a slew of U.S. peers beat forecasts. At 6:10 a.m. British time the benchmark Nikkei...
LONDON (Reuters UK) - Sterling slid versus the dollar and euro on Monday as more bad news on the financial sector and housing market deepened Britain's economic gloom. British bank HBOS HBOS said shareholders subscribed for just 8.3 percent of shares in its rights issue, leaving...
NEW YORK (Reuters) - U.S. crude oil futures fell sharply for the second straight session Wednesday, weighed down by weekly government inventory data showing surprise increases in crude and gasoline stocks last week. The dollar extended gains against the euro and yen, keeping...
NEW YORK (Reuters) - The cost to insure Lehman Brothers LEH debt against default surged on Friday, as its stock price plunged for the second day. Credit default swaps on Lehman Brothers debt widened 55 basis points to 380 basis points, or $380,000...
NEW YORK (Reuters) - Shares of Fannie Mae FNM and Freddie Mac FRE plunged anew on Friday on the latest set of concerns about their future after the New York Times reported the U.S. is considering taking over the two finance companies ...
By Pratima Desai LONDON (Reuters) - aluminum jumped to its highest in more than two years on Monday as investors bet on higher prices of the energy-intensive metal amid escalating worries over power problems in China, the world's largest producer. The metal used...
By Aiko Hayashi TOKYO (Reuters) - The Nikkei average fell 1.3 percent on Wednesday to hit its longest losing streak in more than 40 years, as worries about the global economy hit exporters such as Canon Inc . Shipping firms extended losses after...
LONDON (Reuters UK) - Prompt power prices held firm on Tuesday, boosted by nervousness about tight margins, while gas headed lower in response to ample supply. Traders were concerned French power supplies could run short as hot weather can affect the output of the nuclear ...
NEW YORK (Reuters) - The Dow Jones industrial average of stocks slid on Friday into bear market territory as investors fretted about the impact of record oil prices and mounting credit losses in the financial sector. To begin a bear market cycle,...
By Jennifer Ablan and Dan Wilchins NEW YORK (Reuters) - Lehman Brothers Holdings Inc shares tumbled to an eight-year low on Thursday as the investment bank was battered by rumors -- later discredited -- that some key counterparties had pulled business away from...
By Matt Falloon LONDON (Reuters UK) - Consumer confidence in Britain slumped this month to its lowest level since March 1990, when the economy was teetering on the edge of a protracted recession, a survey showed on Monday. The GfK NOP consumer confidence barometer fell to...
Karen Alweil Studio represents high-end gift and furniture manufacturers to retailers. Owner Karen Alweil talks about how she finds the best talent and markets their products in a way that gives her an edge over the competition.
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Park City Group Reports Pact with International Supermarket RetailerC2008 - CloseUpMedia - newsdesk@closeupmedia.com Park City Group, a developer and marketer of patented computer software and consulting services for retailers, announced that as a result of its customer experiencing ongoing and substantial increases in...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Research and Markets Adds Report: Applebee's Benchmark AnalysisC2008 - CloseUpMedia - newsdesk@closeupmedia.com Research and Markets has announced the addition of Applebee's Benchmark Analysis to its offerings. In a release, Research and Markets noted that report highlights include: ...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Research and Markets Adds Report: Increased Beer, Cider and FAB MarketC2008 - CloseUpMedia - newsdesk@closeupmedia.com Research and Markets has announced the addition of "Beer, Cider and FABs in Canada to 2011" to its offerings. In a release, Research and Markets noted...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Research and Markets Adds Report: Sugar Monthly MarketC2008 - CloseUpMedia - newsdesk@closeupmedia.com Research and has announced the addition of China Sugar Monthly Market Report to its offerings. In a release, Research and Markets noted that report highlights include: -Based...