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News of the 08/14/2008

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Oil surge hits Asian markets

  
Aug 14 - Oil prices jump on signs US inventories are falling, hitting energy-dependent firms across Asia Thursday.
    From Reuters | Add a commentary | Report abuse
 
    
News of the 08/13/2008
    

China Oilfield Service gets OK for Awilco purchase

  
China's largest offshore oil-services provider said Wednesday that it has won government approval to buy Norway's Awilco Offshore ASA for about $2.5 billion, as it expands its drilling operations and taps broader international markets.
    From Boston Globe | Add a commentary | Report abuse
 
News of the 08/12/2008
    

JPMorgan loses $1.5 billion since July

  
(Reuters) - JPMorgan Chase & Co incurred losses of
about $1.5 billion for the quarter to date, as it continued to
be hurt by wider credit spreads, lower levels of liquidity, as
well as the disruption in the credit and mortgage markets, the
U.S. investment bank said in a regulatory filing.
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News of the 08/11/2008
    

New rules would help Wall Street: Obama adviser

  
Barack Obama sees an overhaul of Wall Street regulations as important to restoring trust in U.S. markets and could move early on it if he wins the White House, according to a senior adviser to the candidate.
    From Boston Globe | Add a commentary | Report abuse
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Tropical depressions could form in Atlantic

  
NEW YORK (Reuters) - Energy and commodities markets on Monday were watching a couple of low-pressure systems in the Atlantic Ocean that could develop into tropical depressions or storms over the next couple of days.
    From Reuters | Add a commentary | Report abuse
 
News of the 08/07/2008
    

NH working on student loan problem

  
Turmoil in the financial markets has driven many lenders out of the student loan market, leaving students struggling to pay their fall tuition. That's a problem that New Hampshire officials are working on.
    From Boston Globe | Add a commentary | Report abuse
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News of the 08/06/2008
    

Malaysian firm recalls candy with high lead levels

  
A Malaysian confectionery maker said Wednesday it has recalled a brand of candy from global markets after California health officials found it contained high lead levels.
    From Boston Globe | Add a commentary | Report abuse
 
News of the 08/04/2008
    

Warning as HSBC profits fall 28%

  
HSBC warns that conditions in financial markets are at their toughest "for decades" after seeing half-year profits fall 28%.
    From BBC News | Add a commentary | Report abuse
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Oil price dents sentiment

  
Aug 4 - Asia markets fell on Monday with investors worried about a fresh rise in oil prices and rising inflation woes.
    From Reuters | Add a commentary | Report abuse
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News of the 07/31/2008
    

CCHBC posts 8 pct drop in 2nd quarter net profit

  
Coca-Cola Hellenic Bottling Company SA said Thursday its second-quarter net profit fell by 8 percent on the year, due partly to poor weather in some markets, rising costs and a Greek transportation strike in May.
    From Boston Globe | Add a commentary | Report abuse
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College families scouring for loans

  
With tuition bills looming, thousands of Massachusetts students and parents are scrambling to secure college loans amid deep turbulence in the nation's credit markets, but college and university officials are reassuring families they should be able to borrow the money they need.
    From Boston Globe | Add a commentary | Report abuse
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News of the 07/28/2008
    

Powerful typhoon makes landfall in Taiwan

  
A typhoon lashed Taiwan with strong winds and heavy rains Monday, triggering landslides and floods that disrupted air traffic and closed schools and businesses.
    From Boston Globe | Add a commentary | Report abuse
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Buyout giant KKR says plans to list on NYSE

  
NEW YORK (Reuters) - Kohlberg Kravis Roberts & Co, one of the world's most powerful private equity firms, plans to brave the turbulent equity markets and list on the New York Stock Exchange this year, joining rival Blackstone in bringing the famously secretive industry into public view.
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State agency can't provide private college loans

  
A state lending authority that provided more than $500 million worth of college loans last year says it won't be able to provide the bulk of its loans next year because of turmoil in the financial markets.
    From Boston Globe | Add a commentary | Report abuse
 
News of the 07/25/2008
    

Reinsurers warn on 2008 outlook

  
Reinsurer Munich Re AG lowered its 2008 earnings forecast on Friday amid market turmoil and asset writedowns, while competitor Hannover Re AG said it would miss its forecast unless markets steady -- announcements that sent the companies' shares tumbling.
    From Boston Globe | Add a commentary | Report abuse
 
    
    
    



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