Archive for April 15th, 2008
Tuesday, April 15th, 2008
Royal Philips Electronics NV, Europe's largest consumer electronics maker, reported a bigger decline in first-quarter profit than analysts estimated as flat-panel television sales and prices fell.
Net income fell 75 percent to 219 millio ...
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Tuesday, April 15th, 2008
Dubai International Capital LLC, a buyout firm that manages $13 billion, has said it plans to set up a $1 billion fund with Hong Kong-based First Eastern Investment Group targeting Chinese companies.
China Dubai Capital fund will invest ...
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Tuesday, April 15th, 2008
U.S. stocks on Monday closed lower after investors received evidence of the ailing financial sector from Wachovia Corp.
At the close, the Dow Jones Industrial Average was down 23.36 points at 12,302.06. The S&P 500 index dropped 4.5 ...
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Tuesday, April 15th, 2008
The dollar was mixed against major currencies on Monday as worries about a gloomy U.S. economic outlook outweighed the G7's heightened concern about currency volatility.
Late last week, the Group of Seven countries released a commun ...
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Tuesday, April 15th, 2008
Crude oil jumped more than 1 dollar to close above 111 dollars a barrel on Monday, boosted by weakening dollar and stronger-than-expected retail data.
Crude oil for May delivery rose 1.62 dollars, or 1.5 percent, to close at 111.76 ...
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Tuesday, April 15th, 2008
Delta Air Lines Inc and Northwest Airlines Corp may announce a merger to create the world's largest carrier as early as today, following a meeting of Northwest's board yesterday, people familiar with the talks said.
Delta Chief Exec ...
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Tuesday, April 15th, 2008
The seasonally adjusted eurozone industrial production grew by 0.3 percent in February this year, compared with January, the EU's statistical office Eurostat reported Monday.
Industrial production for the 27-member European Union (E ...
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Tuesday, April 15th, 2008
The weekly average oil price of the Organization of Petroleum Exporting Countries (OPEC) hit a new record high of 102.57 U.S. dollars per barrel (dpb) last week, the Vienna-based cartel said Monday.
The price was 1.23 U.S. dollars h ...
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