Reuters - Wall Street may struggle this week to build on its best weekly performance in almost 30 years as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.
November 30th, 2008 | Posted in Market News | Comments Off
Reuters - If markets are forward looking, investors might find themselves tempted to buy stocks and other risky assets just as major economies, most of them already in recession, deteriorate further.
November 30th, 2008 | Posted in Business | Comments Off
Reuters - Deloitte LLP, the administrator of the retail and distribution businesses of British retailer Woolworths Group Plc , has received dozens of inquiries from companies and individuals for parts of the business, according to newspaper reports on Sunday.
November 30th, 2008 | Posted in Business | Comments Off
Reuters - BHP Billiton Chief Executive Marius Kloppers will likely use the same pragmatic resolve to grapple with a collapse in metals markets that he did in ditching a mega takeover of mining rival Rio Tinto .
November 30th, 2008 | Posted in Business | Comments Off
Reuters - The holiday shopping season got off to a slow start as consumers, squeezed by the economic crisis, bought carefully and said they would wait for better deals closer to Christmas.
November 29th, 2008 | Posted in Business | Comments Off