Archive for April 6th, 2008

Sunday, April 6th, 2008

By Natsuko Waki LONDON (Reuters) - Eight months after the credit crunch first swept the global market place, the contours of an unprecedented joint plan to fix the banking and financial system are slowly emerging. Investors will hope this week ...

UPDATE 1-Air Berlin welcomes Blavatnik as investor - paper

Sunday, April 6th, 2008

(Adds sources on complications over stake transfer) FRANKFURT, April 6 (Reuters) - Air Berlin (AB1.DE: Quote, Profile, Research) wouldwelcome billionaire investor Len Blavatnik, who may take a 19percent stake in the German airline, as a shareholder, ChiefExecutive Joachim Hunold told the ...

Air Berlin welcomes Blavatnik as investor - paper

Sunday, April 6th, 2008

FRANKFURT, April 6 (Reuters) - Air Berlin (AB1.DE: Quote, Profile, Research) wouldwelcome billionaire investor Len Blavatnik, who may take a 19percent stake in the German airline, as a shareholder, ChiefExecutive Joachim Hunold told the Tageszeitung newspaper. Hunold said Blavatnik "obviously is ...

GLOBAL MARKETS WEEKAHEAD-G7 rescue plan dominates investors

Sunday, April 6th, 2008

By Natsuko Waki LONDON (Reuters) - Eight months after the credit crunch first swept the global market place, the contours of an unprecedented joint plan to fix the banking and financial system are slowly emerging. Investors will hope this week ...

UPDATE 1-Snow forces BA to cancel 114 flights at Heathrow

Sunday, April 6th, 2008

(Updates with new figures and Gatwick cancellations) LONDON, April 6 (Reuters) - After nearly two weeks ofbaggage chaos and hundreds of cancelled flights, London Heathrowairport was hit by bad weather on Sunday which forced BritishAirways (BAY.L: Quote, Profile, Research) to cancel ...

RPT-Wall St. Week Ahead: Earnings key test as recession looms

Sunday, April 6th, 2008

(Repeating item that initially moved on Friday) By Jennifer Coogan NEW YORK, April 6 (Reuters) - As the earnings reportingseason for the first quarter kicks off this week, stockinvestors will be keenly assessing to what extent the ...

Sunday, April 6th, 2008

By Christine Kearney NEW YORK (Reuters) - At a Manhattan coffee bar, an ultramodern machine whirls and zips a selection of beans from clear silos of freshly roasted coffee beans through plastic shoots to be instantly ground and brewed to order. ...

Sterling Energy says to sell U.S. oil/gas business

Sunday, April 6th, 2008

LONDON, April 6 (Reuters) - Oil and gas firm Sterling EnergyPlc (SEY.L: Quote, Profile, Research) plans to sell its U.S. business to focus on topexploration prospects in Africa and northern Iraq and possibletakeovers, the firm said on Sunday. Sale of the ...

Hollywood legend Charlton Heston dies at 84

Sunday, April 6th, 2008

By Sandra Maler and Bill Trott WASHINGTON (Reuters) - Oscar-winning actor Charlton Heston, whose chiseled features and commanding presence won him epic roles from Moses to Michelangelo, died on Saturday night at the age of 84, his family said. Heston, ...

RPT-Bay Street Week Ahead-The small guy cracks the ABCP whip

Sunday, April 6th, 2008

(Repeats Friday's column) By Robert Melnbardis MONTREAL, April 6 (Reuters) - Irate investors saddled withsome C$350 million of frozen asset-backed commercial paperinvestments want all of their money back, and signs are thatBay Street will have to placate ...