World stocks and the euro fell on Monday while safer government bonds rose as dismal Japanese growth data and fresh concerns about the financial sector fanned worries about the deteriorating global economy.
A Moscow-based security company admitted today to an almost 11 day exposure of a database containing customer information.
U.S. stocks fell the most in one month on Wednesday after a private jobs report showed U.S. employers slashed more jobs than forecasted in December, Intel Corp. lowered its outlook forecast and Alcoa Inc. said it plans to cut 13 percent of its workforce.
The Medicines Company said on a press release on Wednesday that it received a not approvable letter from U.S. regulators on a supplemental New Drug Application for an additional dosing regimen for Angiomax in the treatment of acute coronary syndromes.
Crude oil hit the record above $131 a barrel on Wednesday as crude inventories in the U.S. fell more than expected on the week ended May 16.
The FTSE 100 share index fell 184.9 points to 6,191.6 on Tuesday (down 2.9 per cent).
Copper fell on Friday near 2 percent as inventories in London and Shanghai showed large increases and investors speculate demand may be weakening.
Royal Mail Group said on Thursday that it had delivered robust financial results in the year ended 30 March 2008, despite many challenges.
Oil futures fell on Wednesday as the U.S. Energy Department reported today crude supplies rose more than expected.
Boston Properties Inc. a real estate developer and owner of office properties reported late Tuesday a steep decline of 90 percent in net income for the first quarter.
Pharmaceutical giant AstraZeneca Plc has reported a rise in fourth quarter sales of 10 per cent to $7,677 million. The company's pre-tax profit however was down 5.0 per cent to $2,143 million.
GlaxoSmithKline PLC reported its first-quarter profit fell 13.7 percent from a year ago as sales of the group's main drug for diabetes Avandia fell.
A pair of the largest U.S. banks reported that profits in the first quarter fell due to the housing downturn but they still managed to beat Wall Street analysts' expectations sending shares higher.
Debenhams Plc has released its interim results for the 26 weeks ended 1 March 2008. The retailer said that its like-for-like sales fell marginally by 0.7 per cent in the period, but were up 1.0 per cent in the 32 weeks to 12 April 2008.
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Oil prices rallied on Wednesday as a slump in U.S. crude oil stockpiles to their lowest level in nearly three years rekindled worries of a winter supply crunch.
The number of American's signing contracts to buy homes dropped to the lowest level ever in August new data shows.
Walgreen Co on Monday unexpectedly posted its first quarterly profit decline in almost 10 years, citing lower reimbursements for some generic drugs and higher salary and other expenses, sending its shares down more than 11 percent in pre-market trade.
U.S. new home sales fell in May while consumer confidence hit a 10-month low in June on worries about jobs and the business climate, adding to signs of sluggish economic growth.
Shares in JetBlue Airways Corp. fell on Friday after the discount carrier lowered its earnings forecast amid weaker demand.JetBlue was the latest U.S. airline to highlight softening demand because of security concerns and a seasonal drop-off in traffic.
U.S. stocks slid on Thursday after a report said factory activity contracted in the U.S. Mid-Atlantic region in September for the first time in over three years, prompting worries about a slowdown in the U.S. economy and corporate profits.
Air Mauritius is tightening its belt. As its annual report revealed it last week, the profits of the local airline have decreased by half. Even worse: there is not much hope that this situation will improve in the near future.
