The FTSE 100 has closed the year down 31 per cent, its worst 12-month period
since the index was created in 1984.
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6:46pm UK, Friday September 05, 2008
…Share Price Shock: World Markets Plummet
6:00pm UK, Monday March 02, 2009
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No longer teetering on the brink of bankruptcy, General Motors is tackling its next financial challenge: convincing people to buy cars again.
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NEW YORK (Reuters) –
Stocks extended gains on Tuesday after Washington expanded its bailout of the auto industry while technology shares helped boost the Nasdaq.
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[...]
The low steady rumble, of a volcano about to erupt is audible below the vast territory spanned by the US Air Force. A process improvement tool known as Lean Six Sigma has already exploded across the military and naval landscape and is about to render the US Air Force it’s next Pompeii. Developed from improvement [...]
A COSTLY mistake in the futures market today rattled nervous investors and triggered a sharp retreat in the sharemarket.
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The Senate voted yesterday to release the second half [...]
Small banks forced to cut back. The Wall Street Journal has a great piece today about how community bankers are being forced to resist their inner Jimmy Stewart. As the economy sours, local bankers, who are often a lifeline for entrepreneurs, are tightening lending standards and forgoing the relationship-based deals they’re known for. Here’s an [...]
New York (CNNMoney.com) — Gas prices fell for the ninth consecutive day, according to a survey of credit card swipes at service stations across the nation released on Sunday.
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2:34pm UK, Saturday December 27, 2008
Shops are expecting a successful sales day as bargain-hunters appeared to shrug off financial worries and took to the High Street.
Katherine Jenkins opened the Harrods sale
Next was one of the first to let shoppers through the doors, kicking off its sale at 5am in stores nationwide.
The half price or less [...]
Fears that a wave of high street retailers will go bust drove a frenzy of
price cutting yesterday as shops made a desperate attempt to entice
customers to spend.
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Related PostsHow to get 50% off as desperate shops slash festive prices
The high street is trying to head off its worst Christmas in 25 years with
price cuts [...]
World leaders have vowed to help prevent future financial meltdowns by creating international accounting standards so all companies would play by the same rules, but the effort has instead been mired in loopholes and political pressures.
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NEW YORK, Aug. 6 — A Wall Street consortium [...]
December 31, 2008 