Archive for August 3rd, 2008

Shell in talks with Sibir on asset-swop deal-paper

Sunday, August 3rd, 2008

LONDON, Aug 3 (Reuters) - Anglo-Dutch oil major Royal DutchShell (RDSa.L: Quote, Profile, Research, Stock Buzz) has held talks with AIM-listed oil firm SibirEnergy (SBE.L: Quote, Profile, Research, Stock Buzz) about a 1 billion pound ($1.98 billion) assetswop deal, The Sunday Times reported. ...

Lufthansa to cancel more flights after strike

Sunday, August 3rd, 2008

FRANKFURT, Aug 3 (Reuters) - German airline Lufthansa AG(LHAG.DE: Quote, Profile, Research, Stock Buzz) expects to cancel around 130 flights on Monday andwill not resume its full flight schedule for two weeks after astrike last week, a spokesman said.Checks to aircraft had backed up during ...

Centrica may revive British Energy offer -paper

Sunday, August 3rd, 2008

LONDON, Aug 3 (Reuters) - Britain's Centrica (CNA.L: Quote, Profile, Research, Stock Buzz) mayrevive plans for a 22.5 billion pound ($44.47 billion) all-papermerger with British Energy (BGY.L: Quote, Profile, Research, Stock Buzz) after French group EDF'stakeover of the nuclear operator stalled on Friday, The SundayTelegraph ...

Fed to sit tight on rates as oil prices moderate

Sunday, August 3rd, 2008

By Alister Bull WASHINGTON (Reuters) - The U.S. Federal Reserve is expected to hold interest rates steady on Tuesday, acknowledging financial conditions remain strained, but making clear it is still worried about inflation despite a recent pullback in energy prices. ...

EMERGING MARKETS WEEK-Latam inflation eyed for currency impact

Sunday, August 3rd, 2008

By Walker Simon NEW YORK, Aug 3 (Reuters) - Latin American inflation datathis week will yield clues on how many interest rate increasesare on the cards, bearing on the strength of the region'scurrencies. Wall Street expects Latin ...

FED FOCUS-Fed to sit tight on rates as oil prices moderate

Sunday, August 3rd, 2008

* What: Federal Reserve holds rate-setting meeting * When: Tuesday, Aug. 5; statement at 2:15 p.m. EDT * Rates seen on hold, but Fed tiptoeing toward hikes By Alister Bull ...

Guinea president reappoints sacked minister

Sunday, August 3rd, 2008

CONAKRY, Aug 3 (Reuters) - Guinean President Lansana Contehas reappointed a former minister to his government only daysafter sacking him, state television reported on Sunday. Mamady Sam Soumah, who until his dismissal on Friday heldthe post of secretary general of the ...

GLOBAL MARKETS WEEKAHEAD-Spotlight turns to central banks

Sunday, August 3rd, 2008

By Natsuko Waki LONDON, Aug 3 (Reuters) - Investors, reassured by fallingoil prices for the past three weeks, will tune into words fromthe world's major central banks this week as the global economyfeels fresh pain from the credit crisis fallout. ...

RPT-Wall St Week Ahead-Volatility looms; profits, Fed, oil eyed

Sunday, August 3rd, 2008

(Repeats column initially transmitted late on Friday) By Walter Brandimarte NEW YORK, Aug 1 (Reuters) - Wall Street could be in formore volatility next week as investors brace for a new batch ofkey earnings reports and the ...

RPT-Bay Street Week Ahead-Big resource players think small

Sunday, August 3rd, 2008

(Repeats Friday's column) By Jeffrey Jones CALGARY, Alberta, Aug 3 (Reuters) - Acquisitive majorresource companies are thinking small, and it's generating somebig buzz. Niche players in Canadian oil, gas and mining that werescarcely known outside their home base have attracted theattention of major corporations, and ...