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Europe energy sector subdues finance rally European equities hit a two-month low on Tuesday as losses in the energy sector overshadowed a late afternoon banking rally. FT.comPound slumps ever closer to parity with the dollar Sterling slumped to its lowest level against the dollar for nearly a quarter of a century today on persistent fears about the health of Britain's banks and worries that the cost of bailing them out could be a millstone round the economy's neck for many years to come.The pound fell as low as $1.362 during a hectic trading day, pressured also by bad public finance figures and a speech by Bank of England governor Mervyn King on Tuesday night that indicated that further action would be needed to prevent the economy melting down.Sterling showed some recovery in later trading in New York on reports that the currency's weakness will be on the agenda at the next meeting of the G7, but it was still changing hands at below the $1.40 level.The pound's new level marks a 35% tumble since the peak of $2.11 it hit in the summer and is the lowest since the dollar was dropping in late 1985 after the legendary Plaza accords that year when the world's leading economic powers intervened to push the greenb The GuardianUK gloom risks clouding real picture The plight of the economy has intensified, with a jump in unemployment, a rapid deterioration in public finances and bleak independent forecasts FT.comHow to halt spread of a cold Too often, the common cold turns into something more serious, zeroing in on your personal weak point to become a sinus infection, an attack of bronchitis or an ear infection. The Salt Lake TribuneProgressive Insurance: Ellie Kay, Family Finance Expert and Author of ``Living Rich for Less,`` Shares Money-Saving Tips to Help Families Save Hundreds on Auto Insurance in 2009 MAYFIELD VILLAGE, OH (MARKET WIRE) Family finance expert, author of the new release 'Living Rich for Less,' mother of seven and a former auto insurance agent, Ellie Kay shares simple, money-saving tips to help families save hundreds on auto insurance in the New Year. Marketwire.comPortugal suffers S&P rating cut Standard & Poor's made the country become the third eurozone economy in two weeks to suffer a credit rating downgrade because of its failure to tackle deteriorating public finances FT.comShyamal Majumdar: Gunning for Kampani Section 5 of the Andhra Pradesh Protection of Depositors of Financial Establishments Act, 1999, has been making headlines, courtesy Nagarjuna Finance. Business StandardSkinzWraps, Inc.: SkinzWraps Announces First Auto Dealership to Order MPG-Plus by FastSkinz DALLAS, TX (MARKET WIRE) SkinzWraps, Inc. (PINKSHEETS: SKZW), the vanguard of the vehicle wraps industry, today announces that Dallas, Texas auto dealership, John Eagle Sport City Scion, has become the first auto dealership in the nation to order MPG-Plus(TM) on new vehicles. John Eagle Sport City Scion now has two 2009 Scion XBs wrapped in MPG-Plus(TM) and ready for sale. The price of the MPG-Plus(TM) will be 'wrapped into the financing' of the purchase price and is estimated to add $10-$25 to the monthly car payment. SkinzWraps(TM) will now offer MPG-Plus(TM) by FastSkinz(TM) to interested dealerships across the Market WireWillowstar Capital Inc. Announces Termination of Qualifying Transaction With Takatu TORONTO, ONTARIO--(Marketwire - Jan. 21, 2009) - Willowstar Capital Inc. (TSX VENTURE:WWM.P) ('Willowstar') announces that its previously announced Qualifying Transaction with Takatu Minerals Ltd. has been terminated. With the global economic downturn, it has been determined that the financing necessary for completion of this transaction is not available at the present time and, accordingly, the transaction will not be proceeding. Willowstar will, accordingly, continue to seek out alternative transactions for the completion of a Qualifying Transaction. MarketwireNew Energy Finance NEX Weekly Review Each week I recap the results of the WilderHill New Energy Global Innovation Index, symbol NEX, and published by New Energy Finance Ltd... Mr Swing1 2 3 4 5 |
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