Business / Tags / Trading

+11
Important
100% Credible

Oil reaches a new record high

BUSINESS / NEWS Tue Mar 11, 2008 @ 8:17am neoform
CNN -- Oil prices are at an all new trading high, reflecting an anemic dollar that continues to plunge. Light, sweet crude for April delivery has surged to $109.20 in midday European electronic trading on the New York Mercantile Exchange before falling back to $.. Read More
+6
Interesting
80% Credible

Fears over rogue trader 'raised 3 months ago'

BUSINESS / NEWS Tue Jan 29, 2008 @ 8:05am neoform
CNN -- Concerns over the trading carried out by Jerome Kerviel, the trader accused of causing a $7.2 billion loss at Societe Generale, were raised as early as last November, a British newspaper reported Tuesday. London's Financial Times reported that the Eurex d.. Read More
+13
Important
100% Credible

Stocks Plunge as Economic Worries Grow

BUSINESS / NEWS Wed Jan 9, 2008 @ 8:14am neoform
BusinessWeek -- Jittery investors dumped shares Tuesday, driving the S&P 500 down over 5% in the first five days of the trading year The wintry gloom that has enshrouded Wall Street thickened on Tuesday as major indexes slumped once again. Repeated attempts by equitie.. Read More
+7
Important
100% Credible

Oil prices steady above $97

BUSINESS / NEWS Fri Nov 23, 2007 @ 8:22am neoform
CNN -- Oil prices were little-changed Friday as the market turned its attention to OPEC for signals on whether the cartel will raise production to ease record prices. Light, sweet crude for January delivery added 14 cents to $97.43 a barrel in electronic trading.. Read More
+6
Important
100% Credible

Dollar hits new low against euro

BUSINESS / NEWS Wed Oct 31, 2007 @ 8:13am neoform
CNN -- The U.S. dollar hit another new low against the euro Wednesday and was mixed against other major currencies in European trading. Gold fell. The euro traded at $1.4444, up from $1.4434 late Tuesday in New York. Earlier the euro rose to $1.4466, its four.. Read More
+7
Important
50% Credible

Global stocks see sharp declines

BUSINESS / NEWS Mon Oct 22, 2007 @ 8:19am neoform
BBC News -- European shares have fallen sharply in morning trading, mirroring earlier falls in East Asia as worries about the US economy continue. The UK's FTSE 100 index was down 1.4% to 6,435 just after noon in London, while Germany's Dax had lost 1.4%, and Fran.. Read More
+1
Under Rated

Oil Traders: Don't Fence Us In

BUSINESS / NEWS Wed Jun 11, 2008 @ 8:19am neoform
BusinessWeek -- Investment bank and hedge fund representatives tell the Commodity Futures Trading Commission the oil market doesn't need more oversight Under mounting scrutiny from an election-addled Congress, the Commodity Futures Trading Commission (CFTC) held a pub.. Read More
+1
Under Rated

EADS probe finds insider dealing

BUSINESS / NEWS Tue Apr 1, 2008 @ 8:26am neoform
BBC News -- France's stock market regulator said it has uncovered evidence of insider trading and market abuse at Airbus parent firm EADS. The findings follow an 18-month AMF probe into whether managers at the firm were aware of problems affecting its A380 planes.. Read More
+1
Under Rated

Societe Generale posts $4.91 billion loss

BUSINESS / NEWS Thu Feb 21, 2008 @ 8:15am neoform
MSNBC -- Troubled French bank Societe Generale SA said Thursday that a $7 billion trading scandal and the credit crisis in financial markets led to a fourth-quarter net loss. France’s second-largest bank said it lost 3.35 billion euros ($4.91 billion) compare.. Read More
+1
Under Rated

Volatile trading across markets

BUSINESS / NEWS Fri Jan 18, 2008 @ 8:35am neoform
BBC News -- Global shares were volatile in Friday trading - after Thursday's heavy losses on Wall Street prompted by further fears of a US recession. However analysts said markets had been shored-up by hopes President Bush would propose measures to boost the econo.. Read More
+1
Under Rated

Japanese stocks drop to year-and-a-half low

BUSINESS / NEWS Fri Jan 4, 2008 @ 8:52am neoform
MSNBC -- Japanese stock prices plunged Friday to their lowest finish since July 2006, losing ground after jittery trading on Wall Street amid concerns about the U.S. economy and rising oil prices. Japan’s benchmark Nikkei stock index lost 616.37 points, or 4... Read More
+1
Under Rated

Oil falls from record high

BUSINESS / NEWS Wed Oct 17, 2007 @ 8:18am neoform
CNN -- Oil prices have fallen in Asia from a trading record of over $88 a barrel yesterday. The drop came amid expectations that a U.S. fuel report due today will show U.S. crude and gasoline stocks rose last week. Prices remain supported by concerns that a T.. Read More
+4
Interesting

Global stocks in volatile trading

BUSINESS / NEWS Wed Aug 29, 2007 @ 8:25am neoform
BBC News -- European shares have seen mixed trading on Wednesday as US housing and credit woes continue to cast a shadow over global stock markets. After initially falling 43 points, the UK's FTSE 100 index was up 24 points to 6,126 by early afternoon. Germany's D.. Read More
+1
Under Rated

Shaky trading for Europe's shares

BUSINESS / NEWS Fri Aug 17, 2007 @ 8:18am neoform
BBC News -- European markets had a shaky start to trading on Friday, following heavy falls on Asian stock markets. Indexes have been up and down all day. By 1300 BST the FTSE 100 was up 0.13%, Frankfurt's Dax was down 0.51% and Paris' Cac 40 was up 0.10%. On Th.. Read More
+1
Under Rated

Volatility sweeps global markets

BUSINESS / NEWS Fri Jul 27, 2007 @ 10:54am neoform
BBC News -- US shares wobbled in early Friday trading after Thursday's sharp sell-off prompted by worries about higher interest rate levels. However further declines in stocks were tempered by news that the US economy had grown faster than expected in the three mo.. Read More
+4
Interesting

EU Carbon Trading Hailed as Success

BUSINESS / NEWS Wed May 30, 2007 @ 1:45pm neoform
BusinessWeek -- A new environmental economics journal praised the European Union's main weapon against global warming The European Union's main tool in the fight against global warming - the emissions trading scheme (ETS) – has been hailed by environmental economists.. Read More
+1
Under Rated

China shares fall after tax rise

BUSINESS / NEWS Wed May 30, 2007 @ 10:51am neoform
BBC News -- China's main share index fell 6.5% in Wednesday trading following Beijing's decision to triple the tax on stock transactions. With the government aiming to cool the country's overheated stock markets, the main Shanghai Composite Index closed down 281.8.. Read More
+1
Under Rated

Alliance Boots: Profit 7.4 percent

BUSINESS / NEWS Wed May 2, 2007 @ 8:16am neoform
CNN -- Alliance Boots Plc, Britain's biggest pharmacy chain, reported a 7.4 percent rise in its underlying annual profit on Wednesday and said it expected its good trading performance to continue in the current year. Underlying trading profit rose to 641 mill.. Read More
+1
Under Rated

M&A helps Europe stocks bounce

BUSINESS / NEWS Thu Mar 29, 2007 @ 8:12am neoform
CNN -- European shares rose on Thursday, ending a three-day losing streak, as investors cheered strong economic data from Germany. Ongoing M&A activity and upbeat trading statements also lended support. At 1025 GMT, the FTSEurofirst 300 index of top European.. Read More
+3
Interesting

Stocks open flat after slow day on Wall St

BUSINESS / NEWS Thu Mar 22, 2007 @ 7:59pm neoform
News.com.au -- The share market has opened flat today, with a slow US market overnight leading to predictions of a quiet day of trading. At 10.15am AEDT, the benchmark S&P/ASX200 index was down 0.3 points to 5955.4, while the all ordinaries rose 0.8 points to 5936.2... Read More
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