Topic: Buisiness and Economy

The new items published under this topic are as follows.

Articles: For 3rd time, United is denied federal aid

Posted by admin on Tuesday, June 29, 2004 - 12:47 AM

	United Airlines began a search for investors yesterday after it failed on its third try to win the federal assistance it hoped would pave its way out of bankruptcy. Read full article: 'For 3rd time, United is denied federal aid'

· 87 Reads ·

Articles: Oil Sinks to 2-Month Low on Iraq Optimism

Posted by admin on Tuesday, June 29, 2004 - 12:44 AM

	World oil prices sank to the lowest level in about two months on Tuesday as the handover of power to Iraq's interim government raised hopes of less sabotage on its oil infrastructure and steady exports. Read full article: 'Oil Sinks to 2-Month Low on Iraq Optimism'

· 98 Reads ·

Articles: Historically low rates are history

Posted by admin on Tuesday, June 29, 2004 - 12:42 AM

Federal Reserve policy makers are all but certain tomorrow to raise their benchmark interest rate for the first time in more than four years, ending an extraordinary period of historically low interest rates and beginning a cycle in which rates trend higher. By year's end, many economists expect the benchmark rate to double to 2 percent from its current 46-year-low of 1 percent, and then double again, to about 4 percent, by the end of 2005.

Read full article: 'Historically low rates are history'

· 87 Reads ·

Articles: Brent Crude Drops to 2-Month Low on Rising OPEC, Norway Supply

Posted by admin on Monday, June 28, 2004 - 04:48 AM

	Crude oil futures slumped to a two- month low in London as a rise in exports from Iraq and Norway added to higher output from the Organization of Petroleum Exporting Countries that is expected to meet surging U.S. and Chinese demand. Read full article: 'Brent Crude Drops to 2-Month Low on Rising OPEC, Norway Supply'

· 93 Reads ·

Articles: Oil slides as Norway and Iraq output returns

Posted by admin on Monday, June 28, 2004 - 04:44 AM

	Crude futures dropped on Monday following the resumption of oil flows in Norway after the settlement of the 7-day oil workers strike. Also helping supply was output recovery in Iraq after recent sabotage attacks on oil infrastructure. Read full article: 'Oil slides as Norway and Iraq output returns'

· 94 Reads ·

Articles: Oil Slides Further as Iraq Exports Revive

Posted by admin on Monday, June 28, 2004 - 04:41 AM

	Oil prices eased further on Monday as Iraq ramped up exports from its southern fields after mending sabotaged pipelines and Norwegian oilfields resumed operations after a strike. Read full article: 'Oil Slides Further as Iraq Exports Revive'

· 97 Reads ·

Articles: EU grants stay on Microsoft sanctions

Posted by admin on Monday, June 28, 2004 - 04:38 AM

	The European Commission has suspended its order forcing Microsoft to offer a version of Windows without its Media Player, one day before it was due to take effect. Read full article: 'EU grants stay on Microsoft sanctions'

· 89 Reads ·

Articles: US rate fears keep shares nervous

Posted by admin on Monday, June 28, 2004 - 04:30 AM

	STOCK market investors are looking towards this week's widely expected rise in US interest rates with trepidation. Read full article: ' US rate fears keep shares nervous'

· 99 Reads ·

Articles: Virgin Mobile 'to announce float'

Posted by admin on Monday, June 28, 2004 - 02:39 AM

	Details of the float are expected to value the UK's fifth largest mobile phone operator at around £1bn to £1.2bn ($1.8bn-$2.2bn), Reuters claims. Read full article: 'Virgin Mobile 'to announce float''

· 85 Reads ·

Articles: Dip in demand cools house prices

Posted by admin on Monday, June 28, 2004 - 02:34 AM

	Falling demand helped dampen UK house price growth slightly in June, the latest Hometrack survey has found. Read full article: 'Dip in demand cools house prices'

· 92 Reads ·