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FINANCIALS

Thursday, 20 November 2008

Oil Falls Toward $50 a Barrel as Equities Slump, Fuel Use Falls

Oil Falls Toward $50 a Barrel as Equities Slump, Fuel Use Falls

By Christian Schmollinger Nov. 20 (Bloomberg) -- Crude oil fell for a fifth day, approaching $50 a barrel, as the contracting world economy increases concerns that demand for fuels will slow.

Source: Bloomberg

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Saturday, 10 January 2009

Tremont forced to halt redemptions

Tremont forced to halt redemptions

By Deborah Brewster in New York Tremont Capital Management, one of the main companies which funnelled investor money to Bernard Madoff, has been forced to halt redemptions in...

(Source: Financial Times)    read more...

Saturday, 10 January 2009

MARKET SNAPSHOT: US Stocks Finish Week Sharply Lower After Jobs Report

MARKET SNAPSHOT: US Stocks Finish Week Sharply Lower After Jobs Report

US stocks on Friday fell for a third straight session to finish sharply lower for the week, after the governments much-awaited layoff tally for December confirmed last year as the...

(Source: CNNMoney.com)    read more...

Saturday, 10 January 2009

Sheriff jailed for pocketing money meant for inmate meals

Sheriff jailed for pocketing money meant for inmate meals

By Ashley Broughton (CNN) -- A federal judge ordered a north Alabama sheriff jailed this week, saying the lawman intentionally served jail inmates woefully insufficient meals...

(Source: CNN)    read more...

Saturday, 10 January 2009

Panasonic NEO plasmas consume half the power

Panasonic NEO plasmas consume half the power

As weve been reporting for years, plasmas are much less energy efficient than LCDs. Panasonic aims to level the playing field with its new NEO PDP plasma panel, which uses half as...

(Source: CNET News)    read more...

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