Archive for March 17th, 2008
Monday, March 17th, 2008
Pontiac is returning to its past in an attempt to ensure its future by beefing up its performance credentials (think GTO) with two new rear-wheel-drive vehicles that will debut at the New York International Auto Show.
The 2009 Ponti ...
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Monday, March 17th, 2008
The White House will "do what it takes" to stabilize chaotic markets and minimize the economic damage, Treasury Secretary Henry Paulson said Sunday.
All eyes now are on Wall Street as leading financial advisers prepared for a Monday ...
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Monday, March 17th, 2008
Japanese Finance Minister Fukushiro Nukaga on Monday expressed his concern over the condition of the currency markets, saying that the yen's sharp climb against the dollar was "excessive."
The government will not take any specific a ...
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Monday, March 17th, 2008
After an 18-month-long investigation, Egypt announced it would drop a 40 percent anti-dumping tax applied to Indonesian tire products and said dumping allegations were cleared, local press said Monday.
Before the allegations and con ...
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Monday, March 17th, 2008
Tokyo stocks fell more than 3 percent Monday, and the key Nikkei index closed below 12,000, hitting the lowest level since August 2005 when it ended at 11,900.32.
The 225-issue Nikkei Stock Average lost 454.09 points, or 3.71 perce ...
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Monday, March 17th, 2008
World pharmaceutical giant AstraZeneca has made expanding its presence in the Asia-Pacific region its business priority, with a focus on China which, as the company's Vice President for Global Development John Ramsey puts, is of key strateg ...
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Monday, March 17th, 2008
JPMorgan Chase & Co said Sunday it will acquire troubled rival Bear Stearns for a bargain-basement price of 236.2 million U.S. dollars, or just 2 dollars a share, media reports said.
The all-stock deal was aimed at averting a bankrup ...
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Monday, March 17th, 2008
The U.S. Federal Reserve announced Sunday a cut of 25 basic points of its 3.25-percent lending rate to financial institutions, as part of its new measures to shore up the flagging U.S. economy.
The measures, which aimed to "bolster ...
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