Citigroup

German government seeks power to veto takeovers by sovereign wealth funds

guardian.co.uk     4 hrs ago   12 related          

The German government took new powers yesterday to veto foreign takeovers of firms by sovereign wealth funds (SWF) and other cash-rich overseas predators. Its draft legislation, due to be ratified by the Bundestag in the...                    

M&S sparks fears of more bad news

telegraph.co.uk     4 hrs ago          

By Jonathan Sibun Marks & Spencer has fuelled further fears over the impact of the economic downturn on its sales after the retailer decided to bring forward the date of its next trading statement by a month. The high street...                    

Market forces: Tullow Oil in demand

guardian.co.uk     4 hrs ago          

Tullow Oil was in demand yesterday after some positive comment from analysts and suggestions that it could be a takeover candidate. The oil and gas explorer, which is due to release half-year results next Wednesday, added 47.5p...                    

Drop in Crude Prices Helps to Spark U.S. Dollar Rally

economicnews.ca     9 hrs ago   7 related          

Saks' report fuels concern about consumer spending 2 hour ago (CEP News) - The U.S. dollar is making broad-based gains on Wednesday thanks in part to weekly Energy Information Administration (EIA) information figures. U.S....                    

Call for reform of energy pricing

people.com.cn     21 mins ago   9 related          

China should push forward the pricing mechanism reform of energy products, despite concerns that the move may add to inflationary pressure, economists said. "It's urgent to continue the reform, as the distortion of energy...                    

Goldman Sachs, Fidelity get time to cut comex stake

business-standard.com     4 hrs ago   5 related          

Govt tells foreign investors to shed holding by June 2009. Goldman Sachs, Fidelity International and Inter Continental Exchange (ICE) have got time till June next year to pare their stakes in Indian commodity exchanges to 5 per...                    

Xpress Deliveries makes foray into retail courier

hindu.com     7 hrs ago          

CHENNAI: Xpress Deliveries, a leading corporate courier services company, has launched ‘Speedmail Deliveries’, its retail courier business unit. Initially it will be operating in Chennai with 30 franchisees and subsequently...                    

India: Not cheap enough

business-standard.com     4 hrs ago          

Foreign investors may have started nibbling at Indian stocks: a Citigroup report says they turned net buyers in Indian stocks last week and that foreign net purchases in the Indian market have actually been the biggest since...                    

Inflation boost for Q1 revenues

livemint.com     9 hrs ago   5 related          

The June quarter corporate results have thrown up a surprise: annual sales growth is the highest in several quarters. It’s a strange thing to happen when everybody agrees that the economy is slowing. But, a closer look shows...                    

Dollar resumes upswing but lacks trigger, conviction

reuters.com     15 hrs ago   141 related          

LONDON (Reuters) - Dollar sentiment across the foreign exchanges improved on Wednesday, as concern over the rest of the world economy outside the United States lingered and helped push the greenback back up toward its highs for...