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Business - Page 1500

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Fed to sit tight on rates as oil prices moderate

The U.S. Federal Reserve is expected to hold interest rates steady on Tuesday, acknowledging financial conditions remain strained, but making clear it is still worried about inflation despite a recent pullback in

4th August 2008
Business

Outlooks on 8 Turkish banks revised to stable

Standard & Poor's Ratings Services said today that it has revised its outlook to stable from negative on eight Turkish financial entities: — T.C. Ziraat Bankasi A.S. (Ziraat), — Türkiye Is Bankasi

4th August 2008
Business

Games ad campaigns: Biggest, Costliest, Coolest

Olympic sponsors are launching possibly the largest advertising and marketing campaign ever, aiming to etch their brands in the minds of a new generation of Chinese consumers for far beyond the upcoming

4th August 2008
Business

Oil prices, global econ worries hit Asia

Asian stocks fell on Monday as a rebound in oil prices to above $126 revived inflation concerns at a time of growing signs that a downturn in the U.S. economy is spreading

4th August 2008
Business

UK manufacturing shrinks as economic pain spreads

By Sumeet Desai LONDON, Aug 1 (Reuters) – British manufacturing is shrinking at its fastest rate in a decade and the number of companies going to the wall has shot up dramatically,

1st August 2008
Business

Europe stocks trim losses after U.S. jobs data

European stocks trimmed losses on Friday afternoon after better-than-expected U.S. monthly payroll data, but remained in the red as the unemployment rate climbed to 5.7 percent in July, its highest in more

1st August 2008
Business

U.S. woes halve Nissan Q1 but outlook unchanged

Nissan Motor Co posted a much-worse-than-expected 46 percent drop in quarterly operating profit on Friday due to a severe downturn in the U.S. market, but stuck to its annual forecasts, counting on

1st August 2008
Business

BA profit collapses on dire trading environment

By Rhys Jones LONDON, August 1 (Reuters) – British Airways's profit collapsed in the first quarter as high oil prices, an economic slowdown and weak consumer confidence combined in what the airline

1st August 2008
Business

UK factory activity shrinks, prices surge in July

LONDON, Aug 1 (Reuters) – British manufacturing activity fell for a third straight month in July and at the sharpest rate in almost a decade as firms struggled with record price pressures

1st August 2008
Business

Stocks fall on U.S. worries, jobs data awaited

World stocks fell on Friday as investors focused on the latest U.S. jobs data due later in the day while the dollar strengthened slightly. Euro zone government bonds traded in a narrow

1st August 2008
Business
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