3 July 2008 Archive
FTSE 100 strikes back
The FTSE 100 closed up 0.69 per cent today, despite initial morning falls, as US job figures proved not as terrible as hoped and the ECB hiked eurozone interest rates. |
FTSE heads for bear market
Higher oil prices sent shares down this morning, leading analysts to forecast the return of a bear market. |
Euro interest rates up to 4.25%
Eurozone interest rates were raised today by a quarter of a percent as inflation hits record levels. |
Greene King bucks slowdown and fag ban
Greene King today reported an eight per cent rise in operating profits to £236.2 million, despite the effect of the smoking ban and a consumer spending squeeze. |
Oil rises to $144 per barrel
Crude oil hit $144 a barrel yesterday in New York as economists predicted the European Central Bank (ECB) would raise its interest rate today. |
US Treasury head warns of high oil price threat
High oil prices increase risks to economies round the world, US Treasury secretary Henry Paulson said today. |
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