The British Pound may turn volatile ahead of a report showing house prices rose at the fastest pace in over 2 years in December despite a weak foundation behind the outcome as thin pre-holiday liquidity conditions persist.Key Overnight Developments• Australian ...
Home Delivery Network (HDN), the parcel delivery company owned by Sir David and Sir Frederick Barclay, is to buy DHL’s parcel division that will form a £600 million competitor to Royal Mail.The deal, for an undisclosed sum and subject to ...
WASHINGTON - The number of people preparing to buy a home in November fell sharply in the latest sign that the housing market, which had been rebounding strongly, may be headed for a "double-dip" downturn over the winter.Consumers are taking ...
-3229">Canadian Dollar Up High on Oil RallyThe loonie, as the Canadian currency is nicknamed for the image of the waterfowl on the C$1 coin, started the year gaining versus most of the 16 main traded currencies as its chief export, the crude oil, advanced further, naturally forcing the Canadian correlated currency up in foreign-exchange markets.After the crude ...
-3252">Romanian Leu Hits 6-Month High as Political Crisis EasesThe Romanian leu rallied today versus the euro and the U.S. dollar as interest rates were unexpectedly cut in the country after a political crisis that delayed an IMF bailout finally ended, adding confidence that stability in the parliament will lead the nation towards ...
(01-06) 07:38 PST NEW YORK, (AP) --Crude inventories and gasoline supplies rose last week, the government said Wednesday.Get QuoteSymbol LookupMore BusinessZomm hopes wireless tether can prevent lost phones 01.06.10Stocks drift as job loss report weighs on market 01.06.10Forbes, Shadegg endorse ...
Home heating bills for Pacific Gas and Electric Co. customers are expected to drop 9.2 percent this month compared with last January, the result of warmer weather and lower fuel costs.Get QuoteSymbol LookupMore BusinessAlnylam Pharma gets milestone payment from Roche ...
(01-06) 07:01 PST ST. LOUIS, (AP) --Monsanto Co., the world's biggest seed maker, said Wednesday it lost $19 million in the first quarter as global sales of its popular Roundup herbicide sank in the face of generic competition.Get QuoteSymbol LookupMore ...
Google yesterday took a step into online retailing with the launch of its new smartphone, the Nexus One, and a webstore to sell it directly to consumers.Calling the touchscreen phone a "superphone", the internet search giant is aiming to challenge ...
Train union calls for tanker banThe Rail, Tram and Bus Union has launched a campaign to ban the long-distance transport of dangerous goods on the road.The union wants each state and territory to introduce a uniform change to their Dangerous ...