Regional Business News

Ark Restaurants Announces Financial Results for the Third Quarter and Nine Months Ended June 28, 2..

euroinvestor.co.uk     21 mins ago   733 related          

Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter and nine month periods ended June 28, 2008. For the three months ended June 28, 2008, the Company’s net income from continuing...                    

Oil keeps slipping amid supply fears

thisismoney.co.uk     7 hrs ago   1,007 related          

Robert Lea, Evening Standard In London, Brent crude traded down $2.04 at $115.82, its latest sizeable one-day reverse. Four weeks ago US light crude hit an all-time high of $147.27. Today it was off $2.06 to $117.96. In equity...                    

US stocks rise as oil prices dip

ft.com     6 hrs ago   67 related          

By Jeremy Lemer in New York Wall Street stocks rose on Friday, and were poised for a second week of modest gains, as a dip in oil prices offset weak results and a dividend cut from Fannie Mae, the embattled mortgage giant....                    

UBS forced to buy back "mis-sold" investments

swissinfo.ch     5 hrs ago   79 related          

UBS is under pressure in the US (Keystone) Swiss banking giant UBS is facing further pressure after being forced to buy back $19.4 billion (SFr21 billion) of allegedly mis-sold bonds in the United States. UBS struck the deal on...                    

Fannie Mae plunges to shock $2.3bn loss$

timesonline.co.uk     7 hrs ago   117 related          

Fannie Mae today warned that worse was to come after America's biggest mortgage company swung into the red by $2.3 billion (£1.19 billion), marking a loss four times bigger than Wall Street's expectations. Shares in the company...                    

DNC: McCain Watch: 2008 Iowa State Fair: John McCain Scavenger Hunt Edition

prnewswire.com     5 hrs ago   59 related          

DNC: McCain Watch: 2008 Iowa State Fair: John McCain Scavenger Hunt Edition McCain's Opposition to Iowa Priorities Shows McCain Is Out of Touch With Iowa WASHINGTON, Aug. 8 /PRNewswire-USNewswire/ -- Whether it's McCain's...                    

US productivity data ease inflation fears

ft.com     6 hrs ago   75 related          

US productivity rose at an annualised rate of 2.2 per cent in the second quarter and labour costs jumped less than expected, easing inflation fears and dismissing any concerns that a 1970s-style wage-price spiral could start to...                    

Western powers study more Iran sanctions

reuters.co.uk     3 hrs ago   83 related          

LONDON (Reuters) - Britain, France, Germany and the United States are considering imposing additional sanctions on Iran over its nuclear work, possibly in the energy, reinsurance or financial sectors, a senior British official...                    

RBS suffers loss after massive writedown

reuters.com     9 hrs ago   50 related          

By Steve Slater and Clara Ferreira-Marques LONDON (Reuters) - A 5.9 billion pound writedown on risky assets sent Royal Bank of Scotland to a first-half loss of 691 million pounds -- better than feared, but still one of the...                    

CORRECTED: Remarks by the President During Greeting with 2008 United States Summer Olympic Team

euroinvestor.co.uk     8 hrs ago   7 related          

Fencing Hall Beijing, People´s Republic of China THE PRESIDENT: Congratulations for representing the finest nation on the face of the Earth. (Applause.) The honorary captain and I are proud to be with you. We´re here to wish...                    

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