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27 December 2008 year (time zone GMT 00:00)  Number of sources in English: 4957
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Dollar moves within tight range in thin trading

27.12.2008 03:38    pr-inside.com
PR-inside.com) NEW YORK (AP) - In light holiday trading, the dollar dipped against the euro, but edged higher against the yen and pound Friday. The 15-nation euro rose to $1.4051 in morning trading Friday in New York from $1.3999 late


A look at economic developments around the world

27.12.2008 03:38    pr-inside.com
PR-inside.com) A look at economic developments and stock-market activity around the world Friday TOKYO _ Japan's contracting economy is facing a slew of bad news as government figures showed that industrial production plunged by its biggest margin on record in

Crude rebounds, at least briefly

27.12.2008 03:38    pr-inside.com
PR-inside.com) PHOENIX, Arizona (AP) - Oil prices rebounded Friday in what some market analysts believed was only a brief pause for steadily declining crude prices. Awful holiday retail sales, job uncertainty and shrinking global trade all suggest that demand for

Stocks up after GMAC lifeline, dip in retail sales

27.12.2008 03:38    pr-inside.com
PR-inside.com) NEW YORK (AP) - Wall Street traded narrowly mixed in light post-holiday trading Friday after the finance arm of General Motors got a government lifeline, but dreary holiday spending readings dimmed the chance of a year-end rally. Not surprisingly,


Moscow court sentences ex-Yukos official

27.12.2008 03:38    pr-inside.com
PR-inside.com) MOSCOW (AP) - A Moscow court on Friday sentenced a former manager of Yukos oil company to 15 years in prison on embezzlement charges, officials said. The Tagansky District Court convicted Yukos' former chief office manager Alexei Kurtsin of

Latin American stocks up, following Wall Street

27.12.2008 03:38    pr-inside.com
PR-inside.com) MEXICO CITY (AP) - Latin American markets are up slightly in midday trading following Wall Street's modest rise. Brazil's benchmark Ibovespa index was up 0.8 percent to 36,750 Friday, while Mexico's key IPC index increased 0.2 percent to 22,380.

Crude prices rebound, most believe it's temporary

27.12.2008 03:38    pr-inside.com
PR-inside.com) PHOENIX, Arizona (AP) - Oil prices rebounded Friday in what some market analysts believed was only a brief pause for steadily declining crude prices. Awful holiday retail sales, job uncertainty and shrinking global trade all suggest that demand for

GM sues bankrupt supplier for access to parts

27.12.2008 03:38    pr-inside.com
PR-inside.com) NEW YORK (AP) - General Motors Corp. is suing a bankrupt automotive supplier for immediate access to specialized parts and equipment, arguing that a delay would hamper the launch of its new Chevrolet Camaro, disrupt assembly operations and cause

Amazon says 2008 holiday season was 'best ever'

27.12.2008 03:38    pr-inside.com
PR-inside.com) SEATTLE (AP) - Online retailer Amazon.com Inc. called this holiday season its best ever, saying Friday that it saw a 17 percent increase in orders on its busiest day _ a rare piece of good news in a season

Stocks up after GMAC lifeline, retail sales dip

27.12.2008 03:38    pr-inside.com (2)
PR-inside.com) NEW YORK (AP) - Wall Street put together a moderate advance in light post-holiday trading Friday after the finance arm of General Motors got a government lifeline, but dreary holiday spending readings dimmed the chance of a big year-end

Commodities jump alongside oil prices

27.12.2008 03:38    pr-inside.com
PR-inside.com) NEW YORK (AP) - Metals and grains rose alongside energy prices in light trading Friday, after a nine-day plunge in oil encouraged investors to buy back into the struggling commodities market. But so far, there is little evidence that

Mutual funds show heavy losses for 2008

27.12.2008 03:38    pr-inside.com
PR-inside.com) NEW YORK (AP) - There was one safe bet that mutual fund investors could make in 2008 _ that the stock market was a place to lose a lot of money. Funds' performance stats for the year to date

Treasurys rise in light trading

27.12.2008 03:38    pr-inside.com
PR-inside.com) NEW YORK (AP) - Treasury prices drifted higher in subdued trading Friday on more evidence that the global economy continues to weaken. During a recession, investors tend to flock to Treasurys for their safety. Treasurys have also grown in

Some doubt GMAC move will help car buyers

27.12.2008 03:37    pr-inside.com (2)
PR-inside.com) NEW YORK (AP) - Several analysts expressed skepticism Friday that the Federal Reserve's decision allowing GMAC Financial Services to become a bank holding company would spur many more people to buy cars. Daniel Alpert, managing director at investment bank

French Madoff investor lost his, family's funds

27.12.2008 03:37    pr-inside.com (2)
PR-inside.com) PARIS (AP) - Rene-Thierry Magon de la Villehuchet saw his fortune and his loved ones' money disappear along with his clients' when he lost $1.4 billion he had invested with Bernard Madoff, the French financier's brother said. Magon de

US fund in talks to take over Waterford Wedgwood

27.12.2008 03:37    pr-inside.com
PR-inside.com) JAKARTA, Indonesia (AP) - A U.S. private equity fund is in talks to take a controlling stake in struggling Irish crystal and ceramics manufacturer Waterford Wedgwood PLC for 600 million euros ($846 million), three people briefed on the negotiations

GMAC needs to clear final hurdle for bailout funds

27.12.2008 03:37    pr-inside.com
PR-inside.com) GRAND BLANC, Michigan (AP) - The financing arm of General Motor's Corp. has until midnight Friday to clear a final hurdle in its quest to become a bank holding company, even though it already received the Federal Reserve's stamp

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