Fat cats must go, Bonus of Investment bankers perverted, says Britain & France

Britain & France describe Bonus profits of wealthy investment bankers and traders as perverse Gordon Brown UK and Christine Lagarde, France's economy minister, both want to end the payment system of Investment...

Crackdown on short-selling leaves the city's 'robbers in pinstripes' facing h...

Short selling,  limited in UK and US makes the market more stable " Ruthless City traders who made millions by sending share prices into freefall were finally the big losers. The crackdown on...

The end of eBay as we know it

With the addition of features like fixed-price auctions and merchant stores, eBay is looking less and less like the quirky online flea market it started as and more and more like a big box superstore. As a result, a lot of people are starting to look elsewhere for their rare...

Oil Prices Plummet When Ban on Drilling Was Lifted

I thought it was going to take ten years to see any change. Look, the market works this way (yes, even those mysterious "speculators" whom many say are the cause of this rise in oil prices): when the market thinks...

Blair cancels Gaza visit after threats

Middle East peace envoy Tony Blair, who was scheduled to visiting Gaza this summer, has had to cancel the trip because of unspecified threats on hsi life. It would have been the highest level diplomatic visit since the militant Group Hamas was elected to leadership in the...

Oil Prices tumble below $143

After continuously increasing for many weeks now fuel prices for the first time prices have fallen down. Stronger dollar is also helping in reducing the crude price. dollar has appreciated against major currencies....

Greed is great. Surviving by curtailng oil speculation is even better!

If it not speculation causing out problems we have nothing to lose. Obviously in a world crying out for oil there is no need for the oil companies and producers to hedge against oil prices increasing. Only those who have to delivery of oil from the oil companies need to hedge...

Saudis Run out of $50.00 a Barrel Oil, Find New Reserves of $150.00 A Barrel Oil

OpinionBarry Artiste, Now Public ContributorSeem since President Bush's visit to Saudi Arabia to get the Saudi's to increase oil output failed last month, it seemed because the Saudi's ran out of $50.00 a barrel...

Oil Companies Saved By Republicans

"WASHINGTON — Senate Republicans blocked a proposal Tuesday to tax the windfall profits of the largest oil companies, despite pleas by Democratic leaders to use the measure to address America's anger over $4 a...

2 killed in Somalia riot over food prices, witnesses say

Protests over rising food prices have lead to violence and instability in Somalia, leaving at least two dead. In just a few weeks, prices for basic food items have risen more than 50 percent in some cases."MOGADISHU,...

Traders face chaos from sewer work

"Swathes of central London face eight months of chaos when a £6.5million flood relief scheme gets under way next month. Some traders fear for their livelihoods and experts predict major traffic jams as Westbourne Grove in Notting Hill is dug up by Thames Water so a new sewer...

Walhi presses for exclusion of carbon brokers from negotiations

""If carbon brokers and traders act as negotiators, there will be a scandal because they will only think of forest trade," Walhi Executive Director Khalid Muhammad said on the sidelines of a "climate justice" rally here on Wednesday. Walhi was looking into who currently acted...

Cost of US home heating to rise

"US consumers will pay on average 10% more to warm their homes this winter than they did last year, according to a government forecast. Heating oil will be the dearest fuel, with higher crude oil prices raising average costs to $2.88 (£1.41) a gallon from $2.48 (£1.22) last...

Singapore Exchange selects Asia Netcom to provide connectivity

"Increasingly, our global customers are demanding low latency direct access to our markets, said Rama Pillai, Senior Vice President and Head, Intermediaries & Market Access. We are pleased that Asia Netcom will be providing their network infrastructure to allow our...

SGX welcomes Reuters hosted solution for hedge funds trading

"Rama Pillai, Senior Vice President of Intermediaries and Market Access at SGX said, "The Singapore Exchange is seeing an increasing demand for low-latency direct access to our markets by high-frequency traders as well as our traditional customer base. We welcome the Reuters...

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