English news - Business 1363

2008-01-07 19:11:00

NEW YORK (Reuters) - U.S. stock prices gyrated on Monday as investors concerned about a possible U.S. recession saw a drop in oil and gold prices easing some of those fears. Following a more than 4.0 percent fall in U.S. stocks last week, markets globally

2008-01-07 18:44:03

See EADS shares Shares in Airbus parent, EADS, have fallen sharply, after an investment bank forecast weak orders and advised clients to sell the stock. Deutsche Bank cut its rating on EADS to "sell" from "hold" and predicted weaker aircraft orders for A

2008-01-07 18:41:31

Capital, Planet Rock and Classic Gold are among GCap's stations Shares in GCap Media, the owner of Classic FM, Capital Radio and Xfm, have risen almost 50% as it spurned one bid approach, amid talk more are likely. The surge came as GCap rejected an appr

2008-01-07 18:37:26

Analysts are cautious about Sainsbury's festive trading Sainsbury's shares have fallen as much as 8% on concern that the supermarket group may unveil weak Christmas trading figures later this week. With the firm due to detail its festive performance on T

2008-01-07 18:32:00

LONDON (Reuters) - Leading shares ended down 0.2 percent on Monday, reversing earlier gains, as fears of a U.S. recession lingered and miners dragged on trading. The FTSE 100 was 12.8 points lower at 6,335.7 after earlier touching a high of 6,376.5.The bl

2008-01-07 17:50:00

WASHINGTON (AFP) - Americans spent 29 billion dollars in holiday shopping on the Internet in 2007, a rise of 19 percent, a survey showed Monday. The report by research firm comScore showed e-commerce spending for the November 1 to December 31 was just sli

2008-01-07 17:18:00

BASEL, Switzerland (AFP) - Global economic growth is "robust" but inflation risks remain as markets absorb the impact of the US subprime home loan crisis and higher food prices, European Central Bank chief Jean-Claude Trichet said Monday. "Food is a very

2008-01-07 17:02:00

LONDON (Reuters) - The Bank of England is more likely to leave interest rates unchanged this week than to cut them, but the decision is another close call as policymakers juggle the risk of a slowing economy with rising inflationary pressure. Most economi

2008-01-07 16:59:00

LONDON (Reuters) - Sterling fell to its lowest level versus the dollar since mid-August on Monday as investors continue to take a bearish stance on the UK economy and look to whether the Bank of England will cut rates on Thursday. The pound has fallen to

2008-01-07 15:44:00

BASEL, Switzerland (AFP) - Global economic growth is "robust" but inflation risks remain as markets absorb the impact of the US subprime home loan crisis and higher food prices, European Central Bank chief Jean-Claude Trichet said Monday. "Food is a very