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US in new push for auto bailout

Posted by sumib 1269 days ago (http://news.bbc.co.uk)
Category: Business | Tags: auto bailout us
The US authorities are stepping up efforts to agree a deal worth billions of dollars to bail out the country's three big carmakers. read more »
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Oil Set for Biggest Weekly Fall Since March 2003 on Demand Drop

Posted by sumib 1270 days ago (http://www.bloomberg.com)
Category: Business | Tags: crude oil fuel
Crude oil is set for its biggest weekly decline since March 2003, trading near a four-year low as the economic contraction and job losses in the U.S.[...] read more »
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Lower Rates Help Sell Houses, but Market Faces Broader Ills

Posted by sumib 1270 days ago (http://online.wsj.com)
Category: Business | Tags: lower rates mortgage rates
A possible move by the Treasury Department to push down mortgage rates has raised the hopes of home buyers, real-estate agents and economists -- and [...] read more »
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China, U.S. pledge cooperation after "robust" talks

Posted by sumib 1270 days ago (http://www.reuters.com)
Category: Business | Tags: china global markets u.s.
China and the United States pledged on Friday to boost efforts to tackle the turmoil engulfing global markets and to continue high-level cooperation [...] read more »
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Retail Sales Are Weakest in 35 Years

Posted by sumib 1270 days ago, popular 1269 days ago (http://www.nytimes.com)
Category: Business | Tags: retail sales
The nation’s retailers turned in the worst sales figures in at least a generation on Thursday, starting the holiday shopping season with double-digit[...] read more »
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GM Chief Says He’d Accept Strict Conditions on Federal Bailout

Posted by sumib 1270 days ago (http://www.bloomberg.com)
Category: Business | Tags: federal bailout gm chief
General Motors Corp. Chief Executive Rick Wagoner told lawmakers he would accept strict conditions for a U.S. loan to stay afloat, including a promis[...] read more »
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China Shuns More Investment in West’s Finance Sector

Posted by sumib 1272 days ago (http://www.nytimes.com)
Category: Business | Tags: china sovereign wealth fund
The chairman of China’s sovereign wealth fund said here on Wednesday that China had no plans for further investments in Western financial institution[...] read more »
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EDF offers $4.5 bln for Constellation nuclear stake

Posted by sumib 1272 days ago (http://www.marketwatch.com)
Category: Business | Tags: constellation nuclear stake edf
Nuclear power generator Electricite de France got involved in a takeover battle with Warren Buffett Wednesday by offering to buy a 50% stake in Const[...] read more »
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Airlines to Cut Capacity Further

Posted by sumib 1272 days ago (http://online.wsj.com)
Category: Business | Tags: airlines fuel prices
Falling fuel prices could help the U.S. airline industry turn a profit in 2009, but most carriers are making cuts in passenger capacity to deal with [...] read more »
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Ford's Mulally Hits the Road

Posted by sumib 1272 days ago (http://www.businessweek.com)
Category: Business | Tags: ford washington
In an interview from his drive to Washington, the Ford CEO calls the drubbing of last month "a learning experience" read more »
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Crude Oil Falls After OPEC Delays Decision to Reduce Production

Posted by sumib 1274 days ago (http://www.bloomberg.com)
Category: Business | Tags: crude oil opec production
Crude oil fell below $52 a barrel after the Organization of Petroleum Exporting Countries deferred a decision to reduce output for another two weeks.[...] read more »
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UAW chief says union prepared to return to bargaining table

Posted by sumib 1274 days ago (http://www.marketwatch.com)
Category: Economy | Tags: uaw chief union
UAW chief says union prepared to return to bargaining table read more »
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Stocks set for rough December start

Posted by sumib 1274 days ago (http://money.cnn.com)
Category: Business | Tags: stocks wall street
Wall Street poised to kick off last month of 2008 on weak note as economic anxiety persists. read more »
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Holiday shopping off to higher start

Posted by sumib 1274 days ago, popular 1274 days ago (http://money.cnn.com)
Category: Business | Tags: holiday shopping
Reports show Black Friday gains, but caution that key retail season may still end up weak. read more »
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Payback time for the financiers

Posted by sumib 1275 days ago (http://www.ft.com)
Category: Business | Tags: financiers ubs
It no longer makes headlines when bankers turn down this year’s bonus or pay rise. But when ex-bankers at UBS – including the former chairman Marcel [...] read more »
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