English news - Business 2

2008-10-14 11:05:00

One of Britain's most successful businessmen has welcomed the Government's £37bn bank bail-out. Speaking on Jeff Randall Live, Sir Philip Green, the owner of Topshop and BHS, said the part-nationalisation of Royal Bank of Scotland, HBOS and Lloyds TS

2008-10-14 07:50:00

LONDON (Reuters) - The decline in house prices accelerated in September and sales fell to the lowest level in at least 30 years, a survey showed Tuesday, in a sign the housing market slump may have some way to go yet. The Royal Institution of Chartered Su

2008-10-14 07:29:00

SINGAPORE (Reuters) - Oil rose more than $2 on Tuesday amid a broad-based commodities rally, extending a 4 percent gain from the previous session as government moves to rescue banks raised hopes for an economic recovery. Global markets jumped, with Wa

2008-10-14 06:57:00

PARIS (Reuters) - Financial bookmakers expect to see the leading European benchmark indexes surging on Tuesday, extending the previous session's record rally on news that the United States plans to inject $250 billion (142.6 billion pounds) into stric

2008-10-14 06:31:00

TOKYO (AFP) - Japan announced a package of measures Tuesday aimed at supporting the ailing stock market, including a loosening of restrictions on companies buying back their own shares. The moves helped to fuel a powerful rally on the Tokyo stock market,

2008-10-14 06:07:00

SYDNEY (AFP) - Australia on Tuesday unveiled a 10.4 billion Australian dollar (7.25 billion US) economic stimulus package in a bid to counter a slowdown caused by the world financial crisis. "The global financial crisis has entered into a new dangerous an

2008-10-14 05:43:00

US President George Bush is today expected to reveal plans to inject tens of billions of dollars into the top nine US banks in a move similar to Gordon Brown's financial rescue package. The announcement will be part of a wide-ranging American effort to re

2008-10-14 05:29:00

WASHINGTON (AFP) - Governments around the globe launched a multi-pronged attack on the finance crisis, as President George W. Bush and Treasury Secretary Henry Paulson prepared Tuesday to unveil the next step in the US response. The announcements from Bus

2008-10-14 05:22:00

HONG KONG (Reuters) - Asian stocks surged, with Japan's Nikkei up more than 13 percent on Tuesday after governments around the world readied plans to take stakes in banks to keep the global financial system from collapsing. The yen fell broadly and the yi

2008-10-14 05:15:00

BANGKOK/TOKYO (Reuters) - The U.S. Treasury is ready to inject $250 billion into U.S. banks, mirroring moves by other leading countries that have boosted confidence in financial markets and sent the Nikkei soaring 13 percent on Tuesday. The U.S. Treas