Dollar gains as US jobs report rattles markets
NEW YORK (AFP) - The dollar found fresh momentum Thursday after a disappointing US unemployment report sent shockwaves through financial markets, pushing investors to safe havens.The euro was...
AFP Finance News -
Friday July 3, 2009, 7:30 am
Oil prices slide on weak US jobs report
NEW YORK (AFP) - Oil prices sank under 67 dollars a barrel Thursday after weak jobs data quashed hopes of a speedy economic recovery in the United States, which is the world's top energy consumer.New...
AFP Finance News -
Friday July 3, 2009, 6:02 am
Boeing aircraft deliveries steady at 125 in quarter
CHICAGO (AFP) - Boeing Co. said Thursday it delivered 125 civilian aircraft in the second quarter, little changed from the 126 in the same period a year ago.That brings the six-month total for 2009...
AFP Finance News -
Friday July 3, 2009, 2:17 am
Oracle to cut up 1,000 jobs in Europe: unions
PARIS (AFP) - US software giant Oracle has unveiled plans to cut 850 to 1,000 jobs in Europe in light of weaker than expected growth projections, trade unions said Thursday.The company, contacted by...
AFP Finance News -
Friday July 3, 2009, 1:22 am
Two Koreas fail to agree in talks on joint project
SEOUL (AFP) - North and South Korea failed to reach agreement in talks Thursday about the fate of their last major joint business project, amid high cross-border tensions and the North's continuing...
AFP Finance News -
Thursday July 2, 2009, 7:27 pm
US auto sales appear to stabilize
CHICAGO (AFP) - Automakers welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed hope that a government-funded "cash for...
AFP Finance News -
Thursday July 2, 2009, 7:14 pm
G8 alone can't solve world's problems
BERLIN (AFP) - The Group of Eight industrialised powers (G8) is no longer the appropriate forum to thrash out the world's problems, German Chancellor Angela Merkel said on Thursday.Speaking in the...
AFP Finance News -
Thursday July 2, 2009, 6:40 pm
ECB governors huddle under dark clouds of deflation
LUXEMBOURG (AFP) - European Central Bank policymakers met on Thursday in Luxembourg as deflation clouds rolled over the recession-hit 16-nation eurozone.The ECB governing council was expected to hold...
AFP Finance News -
Thursday July 2, 2009, 6:36 pm
Telefonica, France Telecom interested in T-Mobile
LONDON (AFP) - Telefonica has joined Vodafone in considering a bid for T-Mobile UK, while France Telecom is weighing up a possible joint venture with the British mobile operator, the Financial Times...
AFP Finance News -
Thursday July 2, 2009, 6:02 pm
China may allow foreign firms to list: govt
BEIJING (AFP) - China may allow foreign firms with investments inside the country to list domestically, as part of efforts to boost trader confidence during the global downturn, according to an...
AFP Finance News -
Thursday July 2, 2009, 5:56 pm
Zurich Financial takes over AIG auto insurance
ZURICH (AFP) - Swiss insurer Zurich Financial Services said that it had completed the acquisition of the auto insurance businesses of troubled US giant AIG.Zurich's US subsidiary Farmers Group paid...
AFP Finance News -
Thursday July 2, 2009, 5:45 pm
Rio Tinto says 97 pct of new London shares sold
LONDON (AFP) - Mining giant Rio Tinto said investors had bought 97 percent of the new London-listed shares issued by the group to help it raise 15.2 billion dollars (10.8 billion euros).The...
AFP Finance News -
Thursday July 2, 2009, 4:51 pm
European rocket hoists biggest-ever telecoms satellite
KOUROU, French Guiana (AFP) - A European rocket placed the world's biggest commercial telecommunications satellite into geostationary orbit, launch operator Arianespace said.The 6.9-tonne...
AFP Finance News -
Thursday July 2, 2009, 4:46 pm
Two Koreas hold new talks on fate of joint project
SEOUL (AFP) - North and South Korea have held fresh talks on the fate of their last major business project amid continuing tensions over the communist state's nuclear and missile programmes.The third...
AFP Finance News -
Thursday July 2, 2009, 4:42 pm
Poor plans halted Finnish nuke reactor: officials
HELSINKI (AFP) - Poor planning has led to rising costs and huge delays for a nuclear reactor going up in Finland, the country's biggest-ever construction project, officials have said.The plant on the...
AFP Finance News -
Wednesday July 1, 2009, 1:01 pm
