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Business News Headlines |
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Wall Street Regroups After Wild Week
23 Mar 2008
markets wrap up a three-day weekend — a much-needed break after a tumultuous week. The Dow Jones Industrial Average ended the week up nearly 3.5 percent. But it wasn't easy.
TEXT-ANZ says has A$350 mln gain from Visa IPO
19 Mar 2008
SYDNEY, March 19 - ANZ today advised the Group's expected gain from the issue of shares by Visa Inc. as part of its initial public offering would total approximately $350 million before tax.
China to Take Forceful Steps on Inflation, Wen Says (Update3)
18 Mar 2008
China's Premier Wen Jiabao pledged to take ``forceful'' steps to damp inflation at an 11-year high, a sign that overheating remains the government's main concern even as financial-market turmoil threatens global growth.
Hong Kong shares end morning sharply lower on fears of worsening credit crisis
17 Mar 2008
Hong Kong shares finished Monday morning sharply lower, with the benchmark index falling to its lowest level this year, as investors sold stocks across the board due to growing worries over the worsening US credit crisis and weak Chinese markets.
If pollution is a sin, who will do penance?
17 Mar 2008
The Vatican is eying a new sin of the modern world: Pollution. But to whom is this sin directly applied? Unless we operate our own personal smokestacks, the Vatican is talking abut businesses going to hell.
TREASURIES-Bonds rise on doubts over Feds liquidity move
13 Mar 2008
U.S. Treasury debt prices rose on Wednesday on growing doubts the Federal Reserve's latest move to ease credit tightness goes far enough to jump-start a stalled global financial system.
Euro hits record vs dollar as Fed euphoria fades
13 Mar 2008
The dollar tumbled to a record low against the euro on Wednesday as doubts grew about the long-term impact of recent Federal Reserve efforts to pump money into cash-starved credit markets.
Pilgrim's Pride to Shut Chicken Plant, Cut 1,100 Jobs (Update3)
13 Mar 2008
Pilgrim's Pride Corp., the world's biggest poultry processor, will close a U.S. chicken-processing plant, six distribution centers and cut 1,100 jobs, blaming U.S. ethanol policies for pushing the industry into ``crisis.''
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