โพสต์
...
Quotes of week
"It's the tuxedo look. I was very inspired by menswear this year and every time at Wimbledon I want to do something classy and elegant."
Maria Sharapova on her latest 'fashion' item, before classily and elegantly leaving the tournament in round two.
"I have a wonderful white coat I can wear on the court and also in New York for those rainy days...it's lady-like and goes perfect with my personality."
Serena Williams explains why she has taken to wearing a mac on court in the middle of summer.
"It's very pleasant to beat Maria...Why? Well, I don't like her outfit."
Alla Kudryavtseva on what spurred her to a shock victory over Sharapova.
"This girl that beat me today, she might not win the tournament but she beat me and it probably made her tournament."
Sharapova gives her version of events. Miaow.
"Someone said to me that I am still ranked higher than him - and I haven't played for nine months!"
Tim Henman on the 661st-ranked Briton, Chris Eaton, who pulled off an amazing first round win at Wimbledon.
"Maybe I will buy some better duct tape. No, I like my car. I think it's cool."
Eaton insists he will be keeping his trusty Vauxhall Astra, complete with taped-up wing mirror, despite earning more than £20,000 at Wimbledon.
"I personally don't care, but any attention drawn to tennis for whatever reason is good. If that means wearing the Mr Roger sweater, whatever else you have got, then so be it. I don't know if it would be a good look for me or any of my friends or relatives, though."
Andy Roddick's back-handed compliment to Federer and his Val Doonican cardy.
"You're calling me a veteran? Thanks for making me feel very old."
Senior citizen Jelena Jankovic, 23, after her victory over 17-year-old Caroline Wozniacki.
"You know, when you've seen the Rolling Stones from the front row and then all of a sudden you're like seven or eight rows back and there's a really tall guy in front of you waving his hands and screaming, you can't see much, it's not going to be as good as the other show."
Roddick can't get no satisfaction from his second-round defeat by Janko 'Tipsy' Tisparevic.
"I kissed the net because I felt so lucky. Someone upstairs made the ball roll over."
World No one Ana Ivanovic on the net cord that saved her on match point down to Nathalie Dechy.
"Maybe it is a good time for her to buy a lottery ticket."
Dechy concurs.
"People say I've lost my power and I'm shot but I've been to the fountain of youth and I'm going to come back and shock them all."
Michael Gomez ahead of the thrilling fight with Amir Khan on his 31st birthday. He lost.
"I guess the bumblebee got me off to a bad start."
Venus Williams, after a bee harassed her into losing her serve against Britain's Naomi Cavaday.
"I still don't fear anyone. The only things I fear in life are cockroaches."
Defending Wimbledon women's champion Venus Williams confirms she won't be taking up zoology after her playing days are over.
"Coach Frings would play player Frings in the starting line-up."
Injured victim Torsten Frings makes an unsubtle plea to start the Euro 2008 final for Germany.
"The trip to Upton Park was the one that stood out for me - I can't think why!"
New Blackburn boss Paul Ince anticipates the warm welcome he will get when his side face West Ham on the opening day of the season.
"If I'm going to give you a Maserati, it would be a good idea if you had a driving licence."
Uefa technical director Andy Roxburgh comments on Ince not holding a Pro Licence. Who needs qualifications when you're The Guvnor?
"I thought he was being a bit of a Drogba."
Paul Collingwood sympathises with Ian Bell after he injured his knee during a game of touch rugby.
บทความน่าสนใจทางธุรกิจจาก BBC Business
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 182
..
£3.2bn giant carrier deals signed
The Ministry of Defence has signed contracts worth £3.2bn to build the UK's biggest ever aircraft carriers.
The 280-metre-long HMS Queen Elizabeth and HMS Prince of Wales will be capable of carrying up to 40 aircraft.
The contracts will create or secure 3,000 jobs at Govan, in Glasgow, 1,600 at Rosyth, in Fife, 1,200 in Portsmouth and 400 in Barrow in Furness.
The defence secretary said the vessels were needed to launch military strikes and humanitarian operations.
HMS Queen Elizabeth will come into service in 2014 and HMS Prince of Wales in 2016. The total cost of both vessels, including additional features like electronics, will be almost £4bn.
Each ship will be a similar size to the ocean liner, the QE2, with a flight deck the size of three football pitches.
This will make them more than three times the size of the existing Invincible-class carriers.
Each 65,000-tonne vessel will be crewed by 1,450 sailors and airmen.
The building of the two aircraft carriers is expected to create or secure a total of 10,000 jobs across the UK.
The project is going ahead despite serious misgivings among some in the military about the huge financial burden it will place on a defence budget already under severe pressure.
The Army and RAF are already expecting cuts to equipment funds and defence analyst Andrew Brookes told the BBC that Britain could not afford the contracts.
"We can't afford the cost of the aircraft carriers, the cost of the Joint Strike fighters to go on them, and all the replenishment, escort and protecting vessels," he said.
"We can't afford that without a major increase in funding which I can't see coming."
"The two aircraft carriers will provide our forces with the world-class capabilities they will need over the coming decades," he said.
"They will support peace-keeping and conflict prevention, as well as our strategic operational priorities."
Speaking in Govan, Mr Browne said the carriers would provide "very large floating bases for the Navy and the RAF", entirely under "sovereign control".
"They will allow us to project force," he said. "But they will also allow us to make a contribution to the protection of the sea lanes of the world, because as a trading nation we rely on those being secure."
'Bigger punch'
Although both will eventually carry the new Joint Strike Fighter aircraft, those will not be ready on time for when the ships enter service.
This means that at first, the ships will carry the ageing Harrier aircraft instead.
Please turn on JavaScript. Media requires JavaScript to play.
"Basically, they'll be able to pack a bigger punch, whether it be on a humanitarian operation or whether it be a full-blown strike operation."
Construction of the ships' hulls will be split between Govan, Portsmouth and Barrow in Furness. Construction of the bow sections and the final assembly of all the parts will take place in Rosyth.
Many more jobs will be created or secured elsewhere in related industries, and contracts have already been awarded to supply diesel generators, electronics and the steel for the ships.
Chairman of the Rosyth shipyard industrial joint council Raymond Duguid: said "If it wasn't for this then the dockyard would be on the rundown to closure, it would be that stark."
BBC defence correspondent Caroline Wyatt said the Navy sees the new carriers as its future flagships to replace Ark Royal and Illustrious, transforming Britain's ability to operate in hostile waters.
Janet Lowrie's son is currently serving in Iraq, but she is part of an organisation called Military Families Against The War. She told the BBC the money would be better spent on frontline equipment.
"Our vehicles are not worthy, they break down all the time, so replace them - save lives," she said.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/u ... 486683.stm
Published: 2008/07/03 12:40:44 GMT
© BBC MMVIII
£3.2bn giant carrier deals signed
The Ministry of Defence has signed contracts worth £3.2bn to build the UK's biggest ever aircraft carriers.
The 280-metre-long HMS Queen Elizabeth and HMS Prince of Wales will be capable of carrying up to 40 aircraft.
The contracts will create or secure 3,000 jobs at Govan, in Glasgow, 1,600 at Rosyth, in Fife, 1,200 in Portsmouth and 400 in Barrow in Furness.
The defence secretary said the vessels were needed to launch military strikes and humanitarian operations.
HMS Queen Elizabeth will come into service in 2014 and HMS Prince of Wales in 2016. The total cost of both vessels, including additional features like electronics, will be almost £4bn.
Each ship will be a similar size to the ocean liner, the QE2, with a flight deck the size of three football pitches.
This will make them more than three times the size of the existing Invincible-class carriers.
Each 65,000-tonne vessel will be crewed by 1,450 sailors and airmen.
The building of the two aircraft carriers is expected to create or secure a total of 10,000 jobs across the UK.
The project is going ahead despite serious misgivings among some in the military about the huge financial burden it will place on a defence budget already under severe pressure.
The Army and RAF are already expecting cuts to equipment funds and defence analyst Andrew Brookes told the BBC that Britain could not afford the contracts.
"We can't afford the cost of the aircraft carriers, the cost of the Joint Strike fighters to go on them, and all the replenishment, escort and protecting vessels," he said.
"We can't afford that without a major increase in funding which I can't see coming."
But Defence Secretary Des Browne said the carriers were "an affordable expenditure" and were not being purchased at the expense of other areas.They'll be able to pack a bigger punch, whether it be on a humanitarian operation or whether it be a full-blown strike operation
Adm Sir Jonathon Bond ,First Sea Lord
"The two aircraft carriers will provide our forces with the world-class capabilities they will need over the coming decades," he said.
"They will support peace-keeping and conflict prevention, as well as our strategic operational priorities."
Speaking in Govan, Mr Browne said the carriers would provide "very large floating bases for the Navy and the RAF", entirely under "sovereign control".
"They will allow us to project force," he said. "But they will also allow us to make a contribution to the protection of the sea lanes of the world, because as a trading nation we rely on those being secure."
'Bigger punch'
Although both will eventually carry the new Joint Strike Fighter aircraft, those will not be ready on time for when the ships enter service.
This means that at first, the ships will carry the ageing Harrier aircraft instead.
Please turn on JavaScript. Media requires JavaScript to play.
The First Sea Lord, Adm Sir Jonathon Band, told the BBC: "The reason for the size is that we've determined that we need to be able to put a weight of airpower on them from strike aeroplanes, and that has therefore determined their tonnage and their size.MoD video showing how the new aircraft carriers will look
"Basically, they'll be able to pack a bigger punch, whether it be on a humanitarian operation or whether it be a full-blown strike operation."
Construction of the ships' hulls will be split between Govan, Portsmouth and Barrow in Furness. Construction of the bow sections and the final assembly of all the parts will take place in Rosyth.
A further 145 jobs will be needed at BAE Systems at Frimley, Surrey and 250 at Thales UK in Bristol and Crawley to provide design, engineering and missions systems for the vessels.If it wasn't for this then the dockyard would be on the rundown to closure
Raymond Duguid, Rosyth dockyard
Many more jobs will be created or secured elsewhere in related industries, and contracts have already been awarded to supply diesel generators, electronics and the steel for the ships.
Chairman of the Rosyth shipyard industrial joint council Raymond Duguid: said "If it wasn't for this then the dockyard would be on the rundown to closure, it would be that stark."
BBC defence correspondent Caroline Wyatt said the Navy sees the new carriers as its future flagships to replace Ark Royal and Illustrious, transforming Britain's ability to operate in hostile waters.
Janet Lowrie's son is currently serving in Iraq, but she is part of an organisation called Military Families Against The War. She told the BBC the money would be better spent on frontline equipment.
"Our vehicles are not worthy, they break down all the time, so replace them - save lives," she said.
HMS QUEEN ELIZABETH AND HMS PRINCE OF WALES
Displacement: 65,000 tonnes
Length: 280m (920ft)
Width (at flight-deck level): 70m (230ft)
Keel to masthead: 56m (184ft)
Nine decks (plus flight deck)
Speed: 25+ knots
Range: 8,000-10,000 miles
Aircraft: 36 F-35 Joint Strike Fighters and four Airborne Early Warning aircraft, plus EH 101 Merlin helicopters
Crew: 1,450 (including air crew)
Weapons: Phalanx close-in weapon systems; 30mm and mini-guns
Source: Ministry of Defence
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/u ... 486683.stm
Published: 2008/07/03 12:40:44 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 183
..
Recession in Asia is 'unlikely'
Growth in Asian economies may slow this year, but a recession is unlikely, according to Haruhiko Kuroda, head of the Asian Development Bank.
He said the region's biggest concern was inflation, even though many countries, such as Taiwan and Vietnam, have raised interest rates this year.
Mr Kuroda said there were dangers of destabilisation due to the growing gap between US and Asian interest rates.
But he said a repeat of the Asian currency crisis was unlikely.
"I'm reasonably confident that nothing like the Asian currency crisis 10 years ago would happen in the region, simply because many emerging economies in Asia have accumulated a large amount of foreign exchange reserves," he said.
Financial crisis
There is some disagreement about the root causes of the Asian financial crisis that began in 1997, but differentials between US and Asian interest rates are likely to have been involved.
US interest rates currently stand at 2.0% while rates in India, for example, stand at 8.5%. This means investors might consider using US dollars to buy rupees to take advantage of better returns.
But that effect only works if inflation is low enough not to wipe out any returns on deposits.
Asian currencies such as the Korean won and the Indian rupee have been falling in recent weeks amid concern that their central banks have not been doing enough to combat inflation.
Indian inflation has hit a record high of 11.63% while Vietnam's inflation stood at 26.8% in June. Inflation in the Philippines is currently at a 14-year high of 11.4%.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 489299.stm
Published: 2008/07/04 09:07:02 GMT
© BBC MMVIII
Recession in Asia is 'unlikely'
Growth in Asian economies may slow this year, but a recession is unlikely, according to Haruhiko Kuroda, head of the Asian Development Bank.
He said the region's biggest concern was inflation, even though many countries, such as Taiwan and Vietnam, have raised interest rates this year.
Mr Kuroda said there were dangers of destabilisation due to the growing gap between US and Asian interest rates.
But he said a repeat of the Asian currency crisis was unlikely.
"I'm reasonably confident that nothing like the Asian currency crisis 10 years ago would happen in the region, simply because many emerging economies in Asia have accumulated a large amount of foreign exchange reserves," he said.
Financial crisis
There is some disagreement about the root causes of the Asian financial crisis that began in 1997, but differentials between US and Asian interest rates are likely to have been involved.
US interest rates currently stand at 2.0% while rates in India, for example, stand at 8.5%. This means investors might consider using US dollars to buy rupees to take advantage of better returns.
But that effect only works if inflation is low enough not to wipe out any returns on deposits.
Asian currencies such as the Korean won and the Indian rupee have been falling in recent weeks amid concern that their central banks have not been doing enough to combat inflation.
Indian inflation has hit a record high of 11.63% while Vietnam's inflation stood at 26.8% in June. Inflation in the Philippines is currently at a 14-year high of 11.4%.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 489299.stm
Published: 2008/07/04 09:07:02 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 184
.
InBev aims to sack Anheuser board
Belgian brewer InBev is to try and oust the entire board of Anheuser-Busch in its latest attempt to push through a hostile takeover of its rival brewer.
InBev, best know for Stella Artois, is trying to pay $46bn (£23bn) for the Budweiser brewer.
It says it will call on Anheuser to ask its shareholders if they want to replace the 13 current board members.
The proposed replacement board would include Adolphus A Busch IV, the uncle of Anheuser-Busch's chief executive.
'Preference for dialogue'
InBev's proposal will be made in a filing to the Securities and Exchange Commission later on Monday
It had been forced to take action because Anheuser-Busch had refused to enter into takeover talks, InBev said.
"Our strong preference remains to enter into a constructive dialogue with Anheuser-Busch to achieve a friendly combination that comprehensively addresses the interests of all constituents," InBev chief executive Carlos Brito said in a statement.
If it went ahead, the combined firm would be comfortably the world's largest brewer.
Anheuser-Busch said the offer, made in June, had undervalued the company, but added that it was open to consider any proposals that would provide full value to its shareholders.
After the filing is made Anheuser-Busch will be given 10 days to name a date for consulting shareholders.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 492934.stm
Published: 2008/07/07 10:06:57 GMT
© BBC MMVIII
InBev aims to sack Anheuser board
Belgian brewer InBev is to try and oust the entire board of Anheuser-Busch in its latest attempt to push through a hostile takeover of its rival brewer.
InBev, best know for Stella Artois, is trying to pay $46bn (£23bn) for the Budweiser brewer.
It says it will call on Anheuser to ask its shareholders if they want to replace the 13 current board members.
The proposed replacement board would include Adolphus A Busch IV, the uncle of Anheuser-Busch's chief executive.
'Preference for dialogue'
InBev's proposal will be made in a filing to the Securities and Exchange Commission later on Monday
It had been forced to take action because Anheuser-Busch had refused to enter into takeover talks, InBev said.
"Our strong preference remains to enter into a constructive dialogue with Anheuser-Busch to achieve a friendly combination that comprehensively addresses the interests of all constituents," InBev chief executive Carlos Brito said in a statement.
If it went ahead, the combined firm would be comfortably the world's largest brewer.
Anheuser-Busch said the offer, made in June, had undervalued the company, but added that it was open to consider any proposals that would provide full value to its shareholders.
After the filing is made Anheuser-Busch will be given 10 days to name a date for consulting shareholders.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 492934.stm
Published: 2008/07/07 10:06:57 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 185
.
Siemens plans to cut 16,750 jobs
Siemens plans to cut 16,750 jobs worldwide as the German conglomerate streamlines its operations to weather the economic downturn.
The company employs around 400,000 staff worldwide. The cuts amount to about 4% of the workforce.
Siemens issued a profit warning in March and its shares have fallen almost 35% since the beginning of the year.
The firm plans to eliminate 5,250 jobs in Germany, where around 136,000 of its workforce is located.
The Munich-based engineering group said the cuts will include 12,600 mostly administrative jobs.
"Against the backdrop of a slowing economy, we have to become more efficient," said Peter Loescher, president and chief executive.
The job cuts are part of a scheme to reduce costs by 1.2bn euros ($1.9bn; £0.95bn) by 2010.
Siemens said it would only make forced dismissals as a last resort and would offer staff early retirement.
The company has also been grappling with an alleged corruption scandal that involved accepting bribes to win overseas contracts.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 495339.stm
Published: 2008/07/08 11:46:00 GMT
© BBC MMVIII
Siemens plans to cut 16,750 jobs
Siemens plans to cut 16,750 jobs worldwide as the German conglomerate streamlines its operations to weather the economic downturn.
The company employs around 400,000 staff worldwide. The cuts amount to about 4% of the workforce.
Siemens issued a profit warning in March and its shares have fallen almost 35% since the beginning of the year.
The firm plans to eliminate 5,250 jobs in Germany, where around 136,000 of its workforce is located.
The Munich-based engineering group said the cuts will include 12,600 mostly administrative jobs.
"Against the backdrop of a slowing economy, we have to become more efficient," said Peter Loescher, president and chief executive.
The job cuts are part of a scheme to reduce costs by 1.2bn euros ($1.9bn; £0.95bn) by 2010.
Siemens said it would only make forced dismissals as a last resort and would offer staff early retirement.
The company has also been grappling with an alleged corruption scandal that involved accepting bribes to win overseas contracts.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 495339.stm
Published: 2008/07/08 11:46:00 GMT
© BBC MMVIII
Rabbit VS. Turtle
(ถ้าแปลให้ด้วยก็แจ่มเลยพี่ :lol: )-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 188
.ไปกันใหญ่แล้วว๊อยยยย....
MARKET DATA - 19:26 UK
FTSE 100 5261.6down -145.20 -2.69%
Dax 6153.3down -151.70 -2.41%
Cac 40 4100.6down -130.92 -3.09%
Dow Jones 11066.4down -162.67 -1.45%
Nasdaq 2228.9down -28.94 -1.28%
BBC Global 30 5158.7down -78.21 -1.49%
US mortgage firms' shares slump
Shares in US mortgage firms Freddie Mac and Fannie Mae have fallen by as much as 50% in volatile trading in New York amid concerns for their future.
Investors are concerned that the government may have to step in to rescue them, a move that could wipe out the value of existing shares.
But the US Treasury said it would back the firms in their "current form".
The companies are behind half of all US mortgages and have been hard hit by the slowdown in the US housing market.
The two companies play an important role in the financial markets in providing funding for home loans by buying up mortgages and packaging them as investments.
As mortgage backers, the companies have had to pay out when homeowners have defaulted on their loans.
'Important mission'
Shares in the two firms trimmed losses after US Treasury Secretary Henry Paulson signalled he was not on the verge of taking Fannie Mae and Freddie Mac into public hands.
"Our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission," he said.
President George W Bush President Bush was briefed on Fannie Mae and Freddie Mac earlier on Friday.
Mr Bush said Mr Paulson assured him that he and Federal Reserve Chairman Ben Bernanke "will be working this issue very hard".
In early afternoon trading in New York, Freddie Mac shares were down 23% at $6.16 after falling as much as 51% shortly after the market opened.
Shares of Fannie Mae were down 29% at $9.33 after sliding as much as 49%.
'Unthinkable'
There has been a sense of unfolding crisis surrounding the companies this week according to the BBC's New York business correspondent, Greg Wood.
He added that it would be unthinkable that they could be allowed to fail.
While no longer government owned, Fannie Mae and Freddie Mac are government chartered, leading many to suggest that the Bush administration will be forced to step in.
'Important mission'
Mr Paulson responded to media reports that the Treasury was planning some kind of government-led rescue.
He said the Treasury was "maintaining a dialogue with regulators and with the companies".
He stressed that their regulator continued to work with them "as they take the steps necessary to allow them to continue to perform their important public mission".
Analysts said his comments suggested that there would be no sweeping bail-out of the two firms.
"While Mr Paulson is making supportive comments... there was no suggestion of any imminent bail-out - nor enough specifics to the support they would give," said Bret Barker, portfolio manager at Metropolitan West Asset Management in Los Angeles.
"The markets were looking for more from Mr Paulson."
Earlier this week, Freddie Mac and Fannie Mae's regulator stressed that the firms were "adequately capitalised".
This sentiment was also echoed by Mr Paulson and Mr Bernanke in testimony to the US Congress on Thursday.
The Office of Federal Housing Enterprise Oversight said they had large liquidity portfolios, access to the debt market and over $1.5 trillion in unpledged assets.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 502184.stm
Published: 2008/07/11 17:28:14 GMT
© BBC MMVIII
MARKET DATA - 19:26 UK
FTSE 100 5261.6down -145.20 -2.69%
Dax 6153.3down -151.70 -2.41%
Cac 40 4100.6down -130.92 -3.09%
Dow Jones 11066.4down -162.67 -1.45%
Nasdaq 2228.9down -28.94 -1.28%
BBC Global 30 5158.7down -78.21 -1.49%
US mortgage firms' shares slump
Shares in US mortgage firms Freddie Mac and Fannie Mae have fallen by as much as 50% in volatile trading in New York amid concerns for their future.
Investors are concerned that the government may have to step in to rescue them, a move that could wipe out the value of existing shares.
But the US Treasury said it would back the firms in their "current form".
The companies are behind half of all US mortgages and have been hard hit by the slowdown in the US housing market.
The two companies play an important role in the financial markets in providing funding for home loans by buying up mortgages and packaging them as investments.
As mortgage backers, the companies have had to pay out when homeowners have defaulted on their loans.
'Important mission'
Shares in the two firms trimmed losses after US Treasury Secretary Henry Paulson signalled he was not on the verge of taking Fannie Mae and Freddie Mac into public hands.
"Our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission," he said.
President George W Bush President Bush was briefed on Fannie Mae and Freddie Mac earlier on Friday.
Mr Bush said Mr Paulson assured him that he and Federal Reserve Chairman Ben Bernanke "will be working this issue very hard".
In early afternoon trading in New York, Freddie Mac shares were down 23% at $6.16 after falling as much as 51% shortly after the market opened.
Shares of Fannie Mae were down 29% at $9.33 after sliding as much as 49%.
'Unthinkable'
There has been a sense of unfolding crisis surrounding the companies this week according to the BBC's New York business correspondent, Greg Wood.
Today our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission
Treasury Secretary Henry Paulson
He added that it would be unthinkable that they could be allowed to fail.
While no longer government owned, Fannie Mae and Freddie Mac are government chartered, leading many to suggest that the Bush administration will be forced to step in.
'Important mission'
Mr Paulson responded to media reports that the Treasury was planning some kind of government-led rescue.
He said the Treasury was "maintaining a dialogue with regulators and with the companies".
He stressed that their regulator continued to work with them "as they take the steps necessary to allow them to continue to perform their important public mission".
Analysts said his comments suggested that there would be no sweeping bail-out of the two firms.
"While Mr Paulson is making supportive comments... there was no suggestion of any imminent bail-out - nor enough specifics to the support they would give," said Bret Barker, portfolio manager at Metropolitan West Asset Management in Los Angeles.
"The markets were looking for more from Mr Paulson."
Earlier this week, Freddie Mac and Fannie Mae's regulator stressed that the firms were "adequately capitalised".
This sentiment was also echoed by Mr Paulson and Mr Bernanke in testimony to the US Congress on Thursday.
The Office of Federal Housing Enterprise Oversight said they had large liquidity portfolios, access to the debt market and over $1.5 trillion in unpledged assets.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 502184.stm
Published: 2008/07/11 17:28:14 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 189
. เสร็จ จนได้
Stella firm buys Budweiser brewer
The US brewer Anheuser-Busch has agreed to be taken over by Belgium-based InBev, in a move that will create the world's largest beer maker.
The $52bn (£26bn) takeover bid by InBev, which makes Stella Artois beer, was accepted by Anheuser's board.
The combined company will now be called Anheuser-Busch InBev.
Anheuser makes Budweiser - the most popular beer in the US - and some US politicians had expressed anger at the prospect of a foreign takeover.
'Unrivalled brands'
In a concession to political concerns about the deal, Budweiser's headquarters will remain in St Louis, Missouri while none of Anheuser's US breweries will be closed.
InBev is offering to pay $70 a share for Anheuser in a deal which must be approved by shareholders of both businesses.
The combined business will have annual sales of $36.4bn, equivalent to 46 billion litres of beer a year.
It will bring a host of popular brands including Beck's, Hoegaarden and Staropramen - in addition to Budweiser and Stella - under one roof.
InBev, itself formed by a giant merger several years ago, described the deal as "historic".
"Together, Anheuser-Busch and InBev will be able to accomplish much more than each can on its own," said InBev boss Carlos Brito, who will become chief executive of the new firm.
Some of the famous Anheuser-Busch beers "This combination will create a stronger, more competitive global company with an unrivalled worldwide brand portfolio and distribution network, with great potential for growth all over the world."
Anheuser boss August Busch said the transaction would "enhance global market access for Budweiser, one of America's truly iconic brands".
Job concerns
There are widespread fears that the deal will lead to substantial job losses in the US Midwest at a time while the threat of recession is hanging over the economy.
The two firms have said the deal will generate annual savings of $1.5bn but have suggested that job losses will be kept to a minimum because there is little current overlap between the two businesses.
The deal should give Budweiser a platform to boost its growth in Europe where, apart from a number of markets like the UK, it has been relatively weak.
The beer market has been rapidly consolidating in the face of cost pressures and declining sales in many mature markets.
Scottish & Newcastle, the UK's largest brewer, was recently bought out by Heineken and Carlsberg.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 504643.stm
Published: 2008/07/14 06:01:57 GMT
© BBC MMVIII
Stella firm buys Budweiser brewer
The US brewer Anheuser-Busch has agreed to be taken over by Belgium-based InBev, in a move that will create the world's largest beer maker.
The $52bn (£26bn) takeover bid by InBev, which makes Stella Artois beer, was accepted by Anheuser's board.
The combined company will now be called Anheuser-Busch InBev.
Anheuser makes Budweiser - the most popular beer in the US - and some US politicians had expressed anger at the prospect of a foreign takeover.
'Unrivalled brands'
In a concession to political concerns about the deal, Budweiser's headquarters will remain in St Louis, Missouri while none of Anheuser's US breweries will be closed.
COMBINED BRAND MENU
Stella, Budweiser, Beck's, Hoegaarden, Leffe, Brahma, Staropramen, Michelob, Rolling Rock
InBev is offering to pay $70 a share for Anheuser in a deal which must be approved by shareholders of both businesses.
The combined business will have annual sales of $36.4bn, equivalent to 46 billion litres of beer a year.
It will bring a host of popular brands including Beck's, Hoegaarden and Staropramen - in addition to Budweiser and Stella - under one roof.
InBev, itself formed by a giant merger several years ago, described the deal as "historic".
"Together, Anheuser-Busch and InBev will be able to accomplish much more than each can on its own," said InBev boss Carlos Brito, who will become chief executive of the new firm.
Some of the famous Anheuser-Busch beers "This combination will create a stronger, more competitive global company with an unrivalled worldwide brand portfolio and distribution network, with great potential for growth all over the world."
Anheuser boss August Busch said the transaction would "enhance global market access for Budweiser, one of America's truly iconic brands".
Job concerns
There are widespread fears that the deal will lead to substantial job losses in the US Midwest at a time while the threat of recession is hanging over the economy.
The two firms have said the deal will generate annual savings of $1.5bn but have suggested that job losses will be kept to a minimum because there is little current overlap between the two businesses.
Anheuser currently controls nearly half of the US market, while InBev is strong in Western European and Latin American markets. Anheuser also owns stakes in Mexican brewer Grupo Modelo and Chinese brewer Tsingtao.This agreement enhances global market access for Budweiser, one of America's true iconic brands
August Busch, Anheuser-Busch president
The deal should give Budweiser a platform to boost its growth in Europe where, apart from a number of markets like the UK, it has been relatively weak.
The beer market has been rapidly consolidating in the face of cost pressures and declining sales in many mature markets.
Scottish & Newcastle, the UK's largest brewer, was recently bought out by Heineken and Carlsberg.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 504643.stm
Published: 2008/07/14 06:01:57 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 190
.
Zimbabwe inflation at 2,200,000%
Zimbabwe's annual rate of inflation has surged to 2,200,000%, official figures have shown.
The figure is the first official assessment of prices in the troubled African nation since February, when the rate of inflation stood at 165,000%.
Zimbabwe, once one of the richest countries in Africa, has descended into economic chaos largely blamed on the policies of President Robert Mugabe.
Mr Mugabe was re-elected last month in a controversial one-man race.
The opposition party, the Movement for Democratic Change (MDC), pulled out of the run-off election, saying its supporters were being attacked and killed.
Rising costs are forcing retailers to increase prices a number of times a day for goods purchased with billion dollar bank notes and the number of people falling into poverty is on the rise.
In May, the central bank issued a 500m Zimbabwe dollar banknote, worth US$2 at the time of issue, to try to ease cash shortages amid the world's highest rate of inflation.
This is in stark contrast with the situation at independence in 1980 when one Zimbabwe dollar was worth more than US$1.
Mr Mugabe denies that he is ruining the economy, laying the blame on international sanctions he says have been imposed against Zimbabwe.
The US and the EU have imposed targeted sanctions, such as a travel ban and an assets freeze, on Mr Mugabe and his close allies.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 509715.stm
Published: 2008/07/16 13:15:38 GMT
© BBC MMVIII
Zimbabwe inflation at 2,200,000%
Zimbabwe's annual rate of inflation has surged to 2,200,000%, official figures have shown.
The figure is the first official assessment of prices in the troubled African nation since February, when the rate of inflation stood at 165,000%.
Zimbabwe, once one of the richest countries in Africa, has descended into economic chaos largely blamed on the policies of President Robert Mugabe.
Mr Mugabe was re-elected last month in a controversial one-man race.
The opposition party, the Movement for Democratic Change (MDC), pulled out of the run-off election, saying its supporters were being attacked and killed.
This situation is not sustainable. There's going to be some sort of implosion
Rejoice Ngwenya, economist
Rising costs are forcing retailers to increase prices a number of times a day for goods purchased with billion dollar bank notes and the number of people falling into poverty is on the rise.
In May, the central bank issued a 500m Zimbabwe dollar banknote, worth US$2 at the time of issue, to try to ease cash shortages amid the world's highest rate of inflation.
This is in stark contrast with the situation at independence in 1980 when one Zimbabwe dollar was worth more than US$1.
Mr Mugabe denies that he is ruining the economy, laying the blame on international sanctions he says have been imposed against Zimbabwe.
The US and the EU have imposed targeted sanctions, such as a travel ban and an assets freeze, on Mr Mugabe and his close allies.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 509715.stm
Published: 2008/07/16 13:15:38 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
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บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 191
.
Older employees 'happier at work'
Older workers are the happiest employees, research commissioned by Vodafone suggests.
Seven out of 10 workers aged over 50 said they felt fulfilled compared with half of 25 to 31-year-olds.
And 97% of those working beyond 65 said they felt "enabled" in their work against 61% of 31 to 35-year-olds.
The research, based on a survey of 3,800 people, suggested that people in their thirties expressed the most negative feelings about work.
Of this age group, 58% felt undervalued, 49% felt unfulfilled and 43% said they were de-motivated.
The report said that mid-career depression was brought on by the pressures of starting a family.
In contrast, older people reported a "second burst" once they got through the pressures of the family life stage.
Disillusionment
Mark Bond, director of enterprise for Vodafone, said the report demonstrated that more should be done to empathise with and understand those in the middle of their careers.
This was necessary "not only for their sake but for the benefit of the companies they work for", he said.
"These people are, after all, the leaders of tomorrow."
The report also warned that those born since 1980 would face "inevitable disillusionment" as they hit their thirties.
"This young cohort is indeed highly ambitious and wants to succeed in a shorter time frame than ever," said Sonia Abrahams, senior research consultant at Opinion Leader, one of the companies that carried out the research.
"But with these new, higher expectations comes the risk of greater disappointment."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 511205.stm
Published: 2008/07/17 11:00:20 GMT
© BBC MMVIII
Older employees 'happier at work'
Older workers are the happiest employees, research commissioned by Vodafone suggests.
Seven out of 10 workers aged over 50 said they felt fulfilled compared with half of 25 to 31-year-olds.
And 97% of those working beyond 65 said they felt "enabled" in their work against 61% of 31 to 35-year-olds.
The research, based on a survey of 3,800 people, suggested that people in their thirties expressed the most negative feelings about work.
Of this age group, 58% felt undervalued, 49% felt unfulfilled and 43% said they were de-motivated.
The report said that mid-career depression was brought on by the pressures of starting a family.
In contrast, older people reported a "second burst" once they got through the pressures of the family life stage.
Disillusionment
Mark Bond, director of enterprise for Vodafone, said the report demonstrated that more should be done to empathise with and understand those in the middle of their careers.
This was necessary "not only for their sake but for the benefit of the companies they work for", he said.
"These people are, after all, the leaders of tomorrow."
The report also warned that those born since 1980 would face "inevitable disillusionment" as they hit their thirties.
"This young cohort is indeed highly ambitious and wants to succeed in a shorter time frame than ever," said Sonia Abrahams, senior research consultant at Opinion Leader, one of the companies that carried out the research.
"But with these new, higher expectations comes the risk of greater disappointment."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 511205.stm
Published: 2008/07/17 11:00:20 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
กูรูขอบสนาม
- Verified User
- โพสต์: 987
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บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 192
5555
ข่าวบทความอันล่าสุดของพี่ Boo ถูกใจจริงๆ :lol:
แต่จะว่าไป ตอนเราหนุ่มแน่นก็ไม่ผิดกับกระทิงเปลี่ยว
ต้องการความสำเร็จไวๆ กระโดด ข้าม - ย้ายงานบ่อย
แต่ทำงาน(เป็นควาย)ทุ่มเทเต็มที่นะ ไม่นอนข้ามคืนติดๆกันยังไหว
หึหึ ทำไปได้อย่างไง(ฟะ)
จึงมาสำนึกได้ว่า ผลจากการทำงานหนักทำให้เราเป็นตัวตน
หล่อหลอมความคิดมาเป็นคนรูปแบบนี้
พร้อมประสบการณ์รอยแส้ รอยหวายบนหลังเต็มไปหมด
เปิดให้ดูก็ยังจางๆอยู่เลย
แต่นั่น..คือบทเรียน ที่พร้อมจะถ่ายทอดให้กับคนรุ่นต่อมา
ข่าวบทความอันล่าสุดของพี่ Boo ถูกใจจริงๆ :lol:
แต่จะว่าไป ตอนเราหนุ่มแน่นก็ไม่ผิดกับกระทิงเปลี่ยว
ต้องการความสำเร็จไวๆ กระโดด ข้าม - ย้ายงานบ่อย
แต่ทำงาน(เป็นควาย)ทุ่มเทเต็มที่นะ ไม่นอนข้ามคืนติดๆกันยังไหว
หึหึ ทำไปได้อย่างไง(ฟะ)
จึงมาสำนึกได้ว่า ผลจากการทำงานหนักทำให้เราเป็นตัวตน
หล่อหลอมความคิดมาเป็นคนรูปแบบนี้
พร้อมประสบการณ์รอยแส้ รอยหวายบนหลังเต็มไปหมด
เปิดให้ดูก็ยังจางๆอยู่เลย
แต่นั่น..คือบทเรียน ที่พร้อมจะถ่ายทอดให้กับคนรุ่นต่อมา
-
กูรูขอบสนาม
- Verified User
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บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 194
อย่างพี่ Boo เอา 2 หารแล้วกัน ได้ 40 ยังแจ๋ว :lol:Mr. Boo เขียน: ผมเองก็ mid-life depression ยังงงงงอยู่เลยคับว่า
ตกลงผม ๓๐ หรือ ๕๐ กันแน่หว่า....
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
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บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 195
.
Why have oil prices been falling?
Oil prices have risen to record levels in recent weeks, with traders in London and New York paying more than $147 a barrel for crude oil at its peak on 11 July.
But since then, prices have fallen on both sides of the Atlantic, dipping almost 13% to a low of $128.23 for a barrel for US light sweet crude on 18 July, and down 10% to $129.66 for Brent crude.
Crude oil prices affect the wholesale cost of the petrol and diesel paid for by the major retailers. A number of those firms have passed on the lower prices to motorists at their forecourts.
Why did oil prices fall last week?
The perception last week that the slowing US economy could trigger a worldwide economic slowdown had clear implications on the expected demand for oil.
Countries such as India and China depend on the US, Europe and Japan as major markets for their manufactured goods and services.
If demand for their goods declines, as is expected, so too will their thirst for the oil and fuel needed to produce the products.
This reduced fears that the supply of crude oil from Iran could be interrupted.
Traders also pointed to news that a Chevron oil pipeline in Nigeria had reopened following an attack on it in June.
Are these the only factors that determine oil prices?
No. The price of oil on the international markets is determined by a combination of forces.
There are the so-called fundamental factors of supply and demand which are expected to keep prices high in the longer term.
On the demand side there is the rising need for oil from the ever-expanding economies of India and China, which need more fuel oil to run their factories and more petrol for a growing number of motor vehicles.
On the supply side, there are concerns that it is taking longer than before to develop new oil fields, an average of at least 10 years, so it is difficult to increase output quickly to meet increasing demand.
This is exacerbated by critical shortages of skilled oil engineers, and the limited investments made by many state-owned oil companies who control the vast majority of the world's oil production.
In the even longer term, there are worries that we may be reaching the limits of the world's finite oil resources and that production could begin to fall in the decades to come.
Can these explain the sudden changes in oil prices?
Not really, and crude oil is something of a special case.
Oil is traded on futures markets, making it more vulnerable to the kind of speculation that can move prices by as much as $5 a barrel in a single day.
According to Dr Manouchehr Takin of the Centre for Global Energy Studies this volatility is caused by oil traders.
He says that oil traders are making decisions to buy or sell oil on a minute-by-minute basis, and are much more influenced by rumours and stories than their counterparts trading shares on stock markets.
"Perception is the key word here," he said. "Because the fundamentals of the oil market don't change every minute".
It is the perception of changes in either the demand or supply of oil that drives and fans market rumours.
What's the link between crude costs and pump prices?
The price of crude oil is a significant factor determining the price that retailers pay for their fuel.
As well as the cost of the raw material, the cost of refining the oil also needs to be factored in, as well as the level of demand for the refined product.
According to industry experts Platt's, the wholesale price of fuel also fell substantially last week.
The price of refined diesel, for example, has fallen by 8.3% since it reached an all-time high on 11 July of $1,241 per metric tonne, according to Platt's data .
Is the sudden drop in prices going to keep going?
Well, crude oil prices have been on the way up again this week after traders suggested that Tropical Storm Dolly could affect oil production in the Gulf of Mexico.
Dolly was cited as the primary reason for a $1 rise in the price of a barrel of oil on Tuesday, as oil producers began evacuating some of their staff from facilities that could be in the storm's path.
Tensions between Iran and the international community were also deemed to be rising, dispelling last week's optimism.
And as for one of the key fundamentals of the oil market - demand from China - government figures showed that its imports of crude oil were 3.2% higher in June than a year earlier.
This combination of factors led some to suggest last week's fall in oil prices was only a temporary situation.
"There's been no slowdown in Chinese demand growth, and the Iran situation remains fluid," said energy analyst Victor Shum from Purvin & Gertz.
"We've had a correction, but I expect a resurgence in prices in the near-term."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 519414.stm
Published: 2008/07/22 13:39:22 GMT
© BBC MMVIII
Why have oil prices been falling?
Oil prices have risen to record levels in recent weeks, with traders in London and New York paying more than $147 a barrel for crude oil at its peak on 11 July.
But since then, prices have fallen on both sides of the Atlantic, dipping almost 13% to a low of $128.23 for a barrel for US light sweet crude on 18 July, and down 10% to $129.66 for Brent crude.
Crude oil prices affect the wholesale cost of the petrol and diesel paid for by the major retailers. A number of those firms have passed on the lower prices to motorists at their forecourts.
Why did oil prices fall last week?
The perception last week that the slowing US economy could trigger a worldwide economic slowdown had clear implications on the expected demand for oil.
Countries such as India and China depend on the US, Europe and Japan as major markets for their manufactured goods and services.
If demand for their goods declines, as is expected, so too will their thirst for the oil and fuel needed to produce the products.
Another factor helping to cut oil prices was on the supply side, where there were indications that tensions were easing between oil-producer Iran and the US over its nuclear programme.The fundamentals of the oil market don't change every minute
Dr Manouchehr Takin, Centre for Global Energy Studies
This reduced fears that the supply of crude oil from Iran could be interrupted.
Traders also pointed to news that a Chevron oil pipeline in Nigeria had reopened following an attack on it in June.
Are these the only factors that determine oil prices?
No. The price of oil on the international markets is determined by a combination of forces.
There are the so-called fundamental factors of supply and demand which are expected to keep prices high in the longer term.
On the demand side there is the rising need for oil from the ever-expanding economies of India and China, which need more fuel oil to run their factories and more petrol for a growing number of motor vehicles.
On the supply side, there are concerns that it is taking longer than before to develop new oil fields, an average of at least 10 years, so it is difficult to increase output quickly to meet increasing demand.
This is exacerbated by critical shortages of skilled oil engineers, and the limited investments made by many state-owned oil companies who control the vast majority of the world's oil production.
In the even longer term, there are worries that we may be reaching the limits of the world's finite oil resources and that production could begin to fall in the decades to come.
Can these explain the sudden changes in oil prices?
Not really, and crude oil is something of a special case.
Oil is traded on futures markets, making it more vulnerable to the kind of speculation that can move prices by as much as $5 a barrel in a single day.
We've had a correction, but I expect a resurgence in prices in the near-term
Victor Shum, Purvin & Gertz
According to Dr Manouchehr Takin of the Centre for Global Energy Studies this volatility is caused by oil traders.
He says that oil traders are making decisions to buy or sell oil on a minute-by-minute basis, and are much more influenced by rumours and stories than their counterparts trading shares on stock markets.
"Perception is the key word here," he said. "Because the fundamentals of the oil market don't change every minute".
It is the perception of changes in either the demand or supply of oil that drives and fans market rumours.
What's the link between crude costs and pump prices?
The price of crude oil is a significant factor determining the price that retailers pay for their fuel.
As well as the cost of the raw material, the cost of refining the oil also needs to be factored in, as well as the level of demand for the refined product.
According to industry experts Platt's, the wholesale price of fuel also fell substantially last week.
The price of refined diesel, for example, has fallen by 8.3% since it reached an all-time high on 11 July of $1,241 per metric tonne, according to Platt's data .
Is the sudden drop in prices going to keep going?
Well, crude oil prices have been on the way up again this week after traders suggested that Tropical Storm Dolly could affect oil production in the Gulf of Mexico.
Dolly was cited as the primary reason for a $1 rise in the price of a barrel of oil on Tuesday, as oil producers began evacuating some of their staff from facilities that could be in the storm's path.
Tensions between Iran and the international community were also deemed to be rising, dispelling last week's optimism.
And as for one of the key fundamentals of the oil market - demand from China - government figures showed that its imports of crude oil were 3.2% higher in June than a year earlier.
This combination of factors led some to suggest last week's fall in oil prices was only a temporary situation.
"There's been no slowdown in Chinese demand growth, and the Iran situation remains fluid," said energy analyst Victor Shum from Purvin & Gertz.
"We've had a correction, but I expect a resurgence in prices in the near-term."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 519414.stm
Published: 2008/07/22 13:39:22 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 196
.
Demand fears knock crude prices
Oil prices have slipped, responding to a strengthening US dollar and signs of weaker demand for crude.
US sweet, light crude fell $1.03 to $123.70 a barrel in New York, while London's Brent crude fell by a similar amount to trade at $124.74.
Prices are more than $20 off their peak earlier in July, when prices reached records of more than $147 a barrel.
The dollar, which offers an alternative investment to oil and often dictates the way it moves, hit a one-month high.
In previous months, oil prices have rallied to record levels partly because some investors were looking to protect themselves from a weakening US currency.
As well as the stronger dollar on Tuesday, there were also signs that a slowing global economy was hitting demand for oil.
BP boss Tony Hayward said he saw lower demand for petrol in developed economies, as people drove less due to the higher fuel prices.
On Monday, the Energy Information Administration said that US oil demand in May was 660,000 barrels per day less than previously thought.
But fears of tight supplies could resurface after Shell said a pipeline and some crude production in Nigeria had been shut down as a result of sabotage by militants.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 531502.stm
Published: 2008/07/29 15:14:00 GMT
© BBC MMVIII
Demand fears knock crude prices
Oil prices have slipped, responding to a strengthening US dollar and signs of weaker demand for crude.
US sweet, light crude fell $1.03 to $123.70 a barrel in New York, while London's Brent crude fell by a similar amount to trade at $124.74.
Prices are more than $20 off their peak earlier in July, when prices reached records of more than $147 a barrel.
The dollar, which offers an alternative investment to oil and often dictates the way it moves, hit a one-month high.
In previous months, oil prices have rallied to record levels partly because some investors were looking to protect themselves from a weakening US currency.
As well as the stronger dollar on Tuesday, there were also signs that a slowing global economy was hitting demand for oil.
BP boss Tony Hayward said he saw lower demand for petrol in developed economies, as people drove less due to the higher fuel prices.
On Monday, the Energy Information Administration said that US oil demand in May was 660,000 barrels per day less than previously thought.
But fears of tight supplies could resurface after Shell said a pipeline and some crude production in Nigeria had been shut down as a result of sabotage by militants.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 531502.stm
Published: 2008/07/29 15:14:00 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 197
.
Ex-Thai PM's wife guilty of fraud
The wife of Thailand's former PM Thaksin Shinawatra has been sentenced to three years in jail for tax fraud.
Pojaman Shinawatra was granted bail by a Bangkok court in the first of several cases against the former first family.
Her brother and secretary were also found guilty of evading tax of 546m baht ($16.3m) in a 1997 shares transfer in the family telecoms business.
The ex-PM himself, deposed in a 2006 coup, is being tried in the Supreme Court for alleged corruption.
'Politically motivated'
The trio were freed on bail of 5m baht ($149,000) each on Thursday, pending an appeal.
Mr Thaksin's wife, who is his most important political and business partner, looked stunned as the court delivered its verdict.
Seconds after the ruling, she reportedly walked over to pat her husband on the back.
Mr Thaksin's spokesman, Pongthep Thepkanjana, said the family would appeal and "fight to the end".
A judge read out the verdicts in a televised ruling, saying that she should have been "a good role model as the wife of the prime minister".
Pojaman Shinawatra makes her way into court More than 1,000 supporters carrying roses and banners mobbed the family as they left the court.
About 300 riot police were deployed in the area amid concerns of possible protests but there was no trouble.
Mr Thaksin has always denied any wrongdoing by his family in this case - and several other lawsuits filed against them - and maintains the charges are politically motivated.
Unlike his wife, he will not be able to appeal if convicted.
His party, Thai Rak Thai, was outlawed after the military coup, and Mr Thaksin was banned from politics for five years.
He made a triumphant return from exile in March after his political allies in the People's Power Party set up a coalition government.
After Thai authorities froze more than $2bn (£1bn) of his family's assets pending corruption cases against him, he is now reportedly worth $400m (£200m).
The BBC's Jonathan Head in Bangkok says many Thais doubted this powerful and wealthy couple would ever be convicted but those doubts have now been swept aside.
Under the new constitution brought in by the military last year the judiciary was given increased authority to hold politicians to account.
Our correspondent says that as the cases pile up against the former first family, the judiciary is now being seen as perhaps the most powerful institution in the country.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/a ... 534374.stm
Published: 2008/07/31 07:12:52 GMT
© BBC MMVIII
Ex-Thai PM's wife guilty of fraud
The wife of Thailand's former PM Thaksin Shinawatra has been sentenced to three years in jail for tax fraud.
Pojaman Shinawatra was granted bail by a Bangkok court in the first of several cases against the former first family.
Her brother and secretary were also found guilty of evading tax of 546m baht ($16.3m) in a 1997 shares transfer in the family telecoms business.
The ex-PM himself, deposed in a 2006 coup, is being tried in the Supreme Court for alleged corruption.
'Politically motivated'
Pojaman Shinawatra's brother, Bannapot Damapong, was also sentenced to three years, while her secretary was handed a two-year sentence.CASES AGAINST THAKSIN FAMILY
Case one : Abuse of power related to purchase of state land by his wife. Who : Thaksin and his wife. Status : Trial underway
Case two : Abuse of power linked to government lottery scheme. Who : Thaksin and several former Cabinet ministers. Status : Case accepted by Supreme Court
Case three : Abuse of power related to state loan to Burma alleged to have benefited family business. Who : Thaksin. Status : Case accepted by Supreme Court
Case four : Concealing assets. Who : Thaksin, wife and two others. Status : Awaiting court decision on proceeding to trial
Case five : Tax evasion. Who : Members of Thaksin's family. Status : Pojaman Shinawatra and her brother jailed for three years, her secretary for two years
Several other claims also lodged
The trio were freed on bail of 5m baht ($149,000) each on Thursday, pending an appeal.
Mr Thaksin's wife, who is his most important political and business partner, looked stunned as the court delivered its verdict.
Seconds after the ruling, she reportedly walked over to pat her husband on the back.
Mr Thaksin's spokesman, Pongthep Thepkanjana, said the family would appeal and "fight to the end".
A judge read out the verdicts in a televised ruling, saying that she should have been "a good role model as the wife of the prime minister".
Pojaman Shinawatra makes her way into court More than 1,000 supporters carrying roses and banners mobbed the family as they left the court.
About 300 riot police were deployed in the area amid concerns of possible protests but there was no trouble.
Mr Thaksin has always denied any wrongdoing by his family in this case - and several other lawsuits filed against them - and maintains the charges are politically motivated.
Unlike his wife, he will not be able to appeal if convicted.
His party, Thai Rak Thai, was outlawed after the military coup, and Mr Thaksin was banned from politics for five years.
He made a triumphant return from exile in March after his political allies in the People's Power Party set up a coalition government.
After Thai authorities froze more than $2bn (£1bn) of his family's assets pending corruption cases against him, he is now reportedly worth $400m (£200m).
The BBC's Jonathan Head in Bangkok says many Thais doubted this powerful and wealthy couple would ever be convicted but those doubts have now been swept aside.
Under the new constitution brought in by the military last year the judiciary was given increased authority to hold politicians to account.
Our correspondent says that as the cases pile up against the former first family, the judiciary is now being seen as perhaps the most powerful institution in the country.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/a ... 534374.stm
Published: 2008/07/31 07:12:52 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 198
.
More oil firms report big profits
Chevron and Total have reported their three-month results, completing a strong week of data from the world's big five publicly-owned oil companies.
Chevron reported April to June net income of $5.98bn (£3.03bn), 11% up on the same period last year.
Total's net income rose 39% to 4.73bn euros ($7.37bn; £3.73bn).
Exxon, Shell and BP also made strong profits in a period in which the average oil price was $125 a barrel, about double the level of a year ago.
"In the second quarter, demand for oil remained strong, still pulled by Asia and the Middle East, despite signs of a slowing in the Atlantic basin," said Total's managing director Christophe de Margerie.
Downstream losses
Exxon Mobil's profit rose 14% to $11.68bn, breaking its own record for the highest quarterly profit by a US company.
Shell profits rose 5% to $7.9bn while BP's rose 6% to $6.85bn.
Chevron confirmed the picture from many of its rivals that the high price of oil was making up for losses in its downstream operations such as refining and petrol forecourts.
"The higher cost of crude oil used in the refining process was not fully recovered in the price of gasoline and other refined products," said Chevron's chairman and chief executive Dave O'Reilly.
"As a result, our downstream operation incurred a loss in the second quarter."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 537939.stm
Published: 2008/08/01 15:57:17 GMT
© BBC MMVIII
More oil firms report big profits
Chevron and Total have reported their three-month results, completing a strong week of data from the world's big five publicly-owned oil companies.
Chevron reported April to June net income of $5.98bn (£3.03bn), 11% up on the same period last year.
Total's net income rose 39% to 4.73bn euros ($7.37bn; £3.73bn).
Exxon, Shell and BP also made strong profits in a period in which the average oil price was $125 a barrel, about double the level of a year ago.
"In the second quarter, demand for oil remained strong, still pulled by Asia and the Middle East, despite signs of a slowing in the Atlantic basin," said Total's managing director Christophe de Margerie.
Downstream losses
Exxon Mobil's profit rose 14% to $11.68bn, breaking its own record for the highest quarterly profit by a US company.
Shell profits rose 5% to $7.9bn while BP's rose 6% to $6.85bn.
Chevron confirmed the picture from many of its rivals that the high price of oil was making up for losses in its downstream operations such as refining and petrol forecourts.
"The higher cost of crude oil used in the refining process was not fully recovered in the price of gasoline and other refined products," said Chevron's chairman and chief executive Dave O'Reilly.
"As a result, our downstream operation incurred a loss in the second quarter."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 537939.stm
Published: 2008/08/01 15:57:17 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 199
Top Italian car designer killed
Andrea Pininfarina, head of a world-famous Italian car design group, has been killed in a road accident.
Mr Pininfarina was riding a scooter which was hit by a car on the outskirts of Turin early on Thursday. He was 51.
He was chief executive officer of the family firm Pininfarina, which has designed sports cars for Ferrari, Maserati, Volvo and Fiat.
He was the grandson of Battista Pininfarina, who founded the firm in Turin in 1930.
Andrea's father Sergio Pininfarina, 81, is the company's honorary chairman.
The family currently controls 55% of Pininfarina's shares, but under a restructuring plan it aims to cut its stake to about 30%.
The firm recorded a net loss of 114.9m euros (£91m; $178m) last year.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/e ... 547267.stm
Published: 2008/08/07 12:04:39 GMT
© BBC MMVIII
Andrea Pininfarina, head of a world-famous Italian car design group, has been killed in a road accident.
Mr Pininfarina was riding a scooter which was hit by a car on the outskirts of Turin early on Thursday. He was 51.
He was chief executive officer of the family firm Pininfarina, which has designed sports cars for Ferrari, Maserati, Volvo and Fiat.
He was the grandson of Battista Pininfarina, who founded the firm in Turin in 1930.
Andrea's father Sergio Pininfarina, 81, is the company's honorary chairman.
The family currently controls 55% of Pininfarina's shares, but under a restructuring plan it aims to cut its stake to about 30%.
The firm recorded a net loss of 114.9m euros (£91m; $178m) last year.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/e ... 547267.stm
Published: 2008/08/07 12:04:39 GMT
© BBC MMVIII
Rabbit VS. Turtle
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Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 200
.
Le Pen sells party HQ to Chinese
France's anti-immigrant party, the National Front, is selling its headquarters to a Chinese university, according to the party leader.
Jean-Marie Le Pen has confirmed that the party base has been purchased by a Shanghai university.
Mr Le Pen, 79, has campaigned to become president several times under the slogan "Keep France for the French" .
But his party faces growing financial difficulties. It has already sold its bullet-proof car on eBay.
The party has a total debt of some 9m euros ($13.4m; £7m), according to French newspaper Le Monde, partly due to a poor showing in the 2007 legislative elections which meant it had to cover its own campaign costs.
Language school
"A formal sale offer has been signed with a university in Shanghai," the National Front's press service said, quoted by AFP.
The unnamed Chinese higher education institution has reportedly paid between 12 and 15m euros ($18 - 22m; £9.4m - 11.7m) for the sprawling mansion in the western Paris suburb of Saint Cloud, known as The Cruiseliner.
The university is reportedly considering turning the building into a French language school.
The building, thought to be the party's biggest asset, was inherited from a millionaire supporter in the 1970s.
The organisation has already had some bank accounts frozen after disagreements with creditors.
Right-wing firebrand Mr Le Pen startled Europe by reaching the second round of the 2002 presidential election. In 2007, he achieved some 10% of votes in the presidential race.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/e ... 555861.stm
Published: 2008/08/12 09:28:59 GMT
© BBC MMVIII
Le Pen sells party HQ to Chinese
France's anti-immigrant party, the National Front, is selling its headquarters to a Chinese university, according to the party leader.
Jean-Marie Le Pen has confirmed that the party base has been purchased by a Shanghai university.
Mr Le Pen, 79, has campaigned to become president several times under the slogan "Keep France for the French" .
But his party faces growing financial difficulties. It has already sold its bullet-proof car on eBay.
The party has a total debt of some 9m euros ($13.4m; £7m), according to French newspaper Le Monde, partly due to a poor showing in the 2007 legislative elections which meant it had to cover its own campaign costs.
Language school
"A formal sale offer has been signed with a university in Shanghai," the National Front's press service said, quoted by AFP.
The unnamed Chinese higher education institution has reportedly paid between 12 and 15m euros ($18 - 22m; £9.4m - 11.7m) for the sprawling mansion in the western Paris suburb of Saint Cloud, known as The Cruiseliner.
The university is reportedly considering turning the building into a French language school.
The building, thought to be the party's biggest asset, was inherited from a millionaire supporter in the 1970s.
The organisation has already had some bank accounts frozen after disagreements with creditors.
Right-wing firebrand Mr Le Pen startled Europe by reaching the second round of the 2002 presidential election. In 2007, he achieved some 10% of votes in the presidential race.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/e ... 555861.stm
Published: 2008/08/12 09:28:59 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 201
.
US bank 'to fail within months'
The global financial crisis is set to get worse, with a large US bank likely to collapse in the next few months, a former IMF chief economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac sank on a report that the home lenders would, in effect, be nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks."
"We have to see more consolidation in the financial sector before this is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears that they would run out of money to fund their business, forcing the US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all US lenders rely on them to buy their mortgages in order to access the funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on their loans.
With the housing market across the US crumbling, their finances have come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as "dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the next few years in the United States," he added.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 569903.stm
Published: 2008/08/19 09:46:13 GMT
© BBC MMVIII
US bank 'to fail within months'
The global financial crisis is set to get worse, with a large US bank likely to collapse in the next few months, a former IMF chief economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac sank on a report that the home lenders would, in effect, be nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks."
Speaking at a conference in Singapore, Mr Rogoff, now an economics professor at Harvard, forecast that Fannie Mae and Freddie Mac would "probably" not exist in their present form in a few years.We have to see more consolidation in the financial sector before this is over
Kenneth Rogoff
"We have to see more consolidation in the financial sector before this is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears that they would run out of money to fund their business, forcing the US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all US lenders rely on them to buy their mortgages in order to access the funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on their loans.
With the housing market across the US crumbling, their finances have come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as "dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the next few years in the United States," he added.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 569903.stm
Published: 2008/08/19 09:46:13 GMT
© BBC MMVIII
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 202
Profits up at Singapore's Temasek
Singapore sovereign wealth fund Temasek has seen its annual profits double after asset sales offset the impact of the turmoil in the credit markets.
Temasek, which is owned by the Singapore government, made a net profit of 18.2bn Singapore dollars ($12.8bn; £6.9bn) in the year to 31 March.
This is up from a profit of S$7.1bn a year ago, but was helped by the S$17bn sale of energy and Chinese investments.
Temasek has billion dollar investments in banks Merrill Lynch and Barclays.
Despite the high-profile problems in the global banking sector over the past year, Temasek said it remained committed to its investments in the industry.
"The financial service industry is one we believe in. It's a proxy to the economic growth." said Temasek's senior managing director, Manish Kejriwal.
"We recently concentrated on US and UK primarily because we see value."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 581568.stm
Published: 2008/08/26 06:51:14 GMT
© BBC MMVIII
Singapore sovereign wealth fund Temasek has seen its annual profits double after asset sales offset the impact of the turmoil in the credit markets.
Temasek, which is owned by the Singapore government, made a net profit of 18.2bn Singapore dollars ($12.8bn; £6.9bn) in the year to 31 March.
This is up from a profit of S$7.1bn a year ago, but was helped by the S$17bn sale of energy and Chinese investments.
Temasek has billion dollar investments in banks Merrill Lynch and Barclays.
Despite the high-profile problems in the global banking sector over the past year, Temasek said it remained committed to its investments in the industry.
"The financial service industry is one we believe in. It's a proxy to the economic growth." said Temasek's senior managing director, Manish Kejriwal.
"We recently concentrated on US and UK primarily because we see value."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 581568.stm
Published: 2008/08/26 06:51:14 GMT
© BBC MMVIII
Rabbit VS. Turtle
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Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 203
.
Arab group claims Man City deal
A Middle-East company claims to have completed a takeover of Premier League side Manchester City.
Abu Dhabi United Group Investment and Development (ADUG) says it has bought the club from Thaksin Shinawatra.
"The investment services and development in Abu Dhabi has successfully completed the huge takeover," its statement read.
City have said discussions are ongoing and BBC Sport understands Thaksin is eager to retain an interest in City.
ADUG claims the takeover deal was completed at the Abu Dhabi Emirates Palace Hotel on Sunday.
Dr Sulaiman Al-Fahim, a member of ADUG's board, and Thaksin were said to have signed the deal.
Dr Al-Fahim and Thaksin's adviser, Pairoj Piempongsant, were photographed posing with a City shirt and signing documents.
The ADUG statement claimed that the deal gave it "all management rights" over City, while Thaksin would become honorary president of the club "without any administrative responsibilities".
Dr Al-Fahim promised to "solve all the club problems" and "clear any pending payments" as well as "bringing the best football players in the world" to City.
The statement also said City would qualify for the Champions League in the 2009/10 season.
However, BBC Sport understands that ADUG has only signed a memorandum of understanding - essentially a gentleman's agreement - with City.
The Middle East company wants to completely buy out the club.
City added: "A period of due diligence for all parties, including the Football Association and Premier League has now been entered."
Story from BBC SPORT:
http://news.bbc.co.uk/go/pr/fr/-/sport2 ... 591735.stm
Published: 2008/09/01 12:34:26 GMT
© BBC MMVIII
Arab group claims Man City deal
A Middle-East company claims to have completed a takeover of Premier League side Manchester City.
Abu Dhabi United Group Investment and Development (ADUG) says it has bought the club from Thaksin Shinawatra.
"The investment services and development in Abu Dhabi has successfully completed the huge takeover," its statement read.
City have said discussions are ongoing and BBC Sport understands Thaksin is eager to retain an interest in City.
ADUG claims the takeover deal was completed at the Abu Dhabi Emirates Palace Hotel on Sunday.
Dr Sulaiman Al-Fahim, a member of ADUG's board, and Thaksin were said to have signed the deal.
Dr Al-Fahim and Thaksin's adviser, Pairoj Piempongsant, were photographed posing with a City shirt and signing documents.
The ADUG statement claimed that the deal gave it "all management rights" over City, while Thaksin would become honorary president of the club "without any administrative responsibilities".
Dr Al-Fahim promised to "solve all the club problems" and "clear any pending payments" as well as "bringing the best football players in the world" to City.
The statement also said City would qualify for the Champions League in the 2009/10 season.
However, BBC Sport understands that ADUG has only signed a memorandum of understanding - essentially a gentleman's agreement - with City.
The Middle East company wants to completely buy out the club.
City added: "A period of due diligence for all parties, including the Football Association and Premier League has now been entered."
Story from BBC SPORT:
http://news.bbc.co.uk/go/pr/fr/-/sport2 ... 591735.stm
Published: 2008/09/01 12:34:26 GMT
© BBC MMVIII
Rabbit VS. Turtle
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Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 204
.
Japan PM in surprise resignation
Japan's Prime Minister Yasuo Fukuda has announced his resignation at a news conference at his official residence.
The surprise announcement means the prime minister is resigning after fewer than 12 months in the post.
His government has suffered chronic unpopularity. Lost pension records, an unpopular healthcare scheme and a sliding economy have added to his woes.
Mr Fukuda has also been frustrated by the upper house of parliament, which is controlled by the opposition.
"If we are to prioritise the people's livelihoods, there cannot be a political vacuum from political bargaining, or a lapse in policies," Mr Fukuda said, according to Reuters.
"We need a new team to carry out policies."
He did not speak of calling an immediate election, raising the prospect of a leadership election within the ruling Liberal Democratic Party.
A general election must be held by September 2009.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/a ... 591969.stm
Published: 2008/09/01 12:56:36 GMT
Japan PM in surprise resignation
Japan's Prime Minister Yasuo Fukuda has announced his resignation at a news conference at his official residence.
The surprise announcement means the prime minister is resigning after fewer than 12 months in the post.
His government has suffered chronic unpopularity. Lost pension records, an unpopular healthcare scheme and a sliding economy have added to his woes.
Mr Fukuda has also been frustrated by the upper house of parliament, which is controlled by the opposition.
"If we are to prioritise the people's livelihoods, there cannot be a political vacuum from political bargaining, or a lapse in policies," Mr Fukuda said, according to Reuters.
"We need a new team to carry out policies."
He did not speak of calling an immediate election, raising the prospect of a leadership election within the ruling Liberal Democratic Party.
A general election must be held by September 2009.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/a ... 591969.stm
Published: 2008/09/01 12:56:36 GMT
Rabbit VS. Turtle
-
Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 206
.
Man City 'will upset Euro elite'
Manchester City assistant boss Mark Bowen believes the club's mega-rich new owners will change the face of European football as well as the domestic game.
The Abu Dhabi United Group's ambitious plans for City have already seen them sign Robinho for £32.5m.
"The owners are going to challenge the top teams not just in this country but in Europe over the next few years," Bowen told BBC Radio 5 Live.
"I'm sure we will get up a few people's noses over the next 18 months."
Bowen also warned that the changes at the club might mean fewer of City's promising youth team players make the transition to the first team.
City have established a strong reputation for developing their own players in recent years, with academy products Shaun Wright-Phillips, Micah Richards, Michael Johnson and Stephen Ireland all featuring in last weekend's 3-0 away win over Sunderland.
"It will be a natural progression over the next year or so with a number of players coming in," added Bowen.
"There will be an aspiration for the players but others will fall by the wayside - but that's the way it's been at Chelsea and Manchester United over the years.
"We want to give the players stiff competition for their places and if you have got real quality throughout the club that can only be for the benefit of the team.
"We have got some tremendously talented youngsters. Yes, of course the bar has been raised, of course they are going to find it harder to break into the team in the long run.
"But they will be watching and working with the best players in the world on a day-to-day basis.
"If someone had said to me City's youngsters have to take a back seat and it's going to be detrimental to them... it's a natural progression.
"If you are going to be challenging for the Champions League and wanting to push for the Premier League, I'm afraid it's the way it goes."
Story from BBC SPORT:
http://news.bbc.co.uk/go/pr/fr/-/sport2 ... 597106.stm
Published: 2008/09/03 20:48:23 GMT
© BBC MMVIII
Man City 'will upset Euro elite'
Manchester City assistant boss Mark Bowen believes the club's mega-rich new owners will change the face of European football as well as the domestic game.
The Abu Dhabi United Group's ambitious plans for City have already seen them sign Robinho for £32.5m.
"The owners are going to challenge the top teams not just in this country but in Europe over the next few years," Bowen told BBC Radio 5 Live.
"I'm sure we will get up a few people's noses over the next 18 months."
Bowen also warned that the changes at the club might mean fewer of City's promising youth team players make the transition to the first team.
City have established a strong reputation for developing their own players in recent years, with academy products Shaun Wright-Phillips, Micah Richards, Michael Johnson and Stephen Ireland all featuring in last weekend's 3-0 away win over Sunderland.
"It will be a natural progression over the next year or so with a number of players coming in," added Bowen.
"There will be an aspiration for the players but others will fall by the wayside - but that's the way it's been at Chelsea and Manchester United over the years.
"We want to give the players stiff competition for their places and if you have got real quality throughout the club that can only be for the benefit of the team.
"We have got some tremendously talented youngsters. Yes, of course the bar has been raised, of course they are going to find it harder to break into the team in the long run.
"But they will be watching and working with the best players in the world on a day-to-day basis.
"If someone had said to me City's youngsters have to take a back seat and it's going to be detrimental to them... it's a natural progression.
"If you are going to be challenging for the Champions League and wanting to push for the Premier League, I'm afraid it's the way it goes."
Story from BBC SPORT:
http://news.bbc.co.uk/go/pr/fr/-/sport2 ... 597106.stm
Published: 2008/09/03 20:48:23 GMT
© BBC MMVIII
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โพสต์ที่ 207
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Buddha statue find at Afghan site
A giant statue of a Buddha has been discovered in central Afghanistan, near to the ruins of the world-famous Bamiyan Buddhas.
Archaeologists say the 19m (62ft) statue is in a sleeping position and dates back to the Third Century.
Other relics such as coins and ceramics were also found.
The Taleban blew up two giant standing Buddhas carved into the mountainside at Bamiyan - once a thriving centre of Buddhism - in 2001.
The statues, the tallest such standing Buddhas in the world at the time, were considered by the Taleban to be un-Islamic representations of the human form.
Archaeologists are working on restoring the largest of the two Buddhas in a project that is expected to take a decade.
The BBC's Alastair Leithead visits Bamiyan
A local official in Bamiyan said the newly found statue had been badly damaged, but some parts of it, such as the neck and right hand, were in a good condition.
He said measures were being taken to protect it, and it was hoped the statue would go on public display next year.
The latest find gives hope to archaeologists searching for a 300m long statue recorded by a Chinese pilgrim centuries ago.
Iconic Buddhist art works, now thought to be the oldest oil paintings in the world, have also been found in the caves at Bamiyan.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/s ... 604519.stm
Published: 2008/09/08 13:53:58 GMT
© BBC MMVIII
Buddha statue find at Afghan site
A giant statue of a Buddha has been discovered in central Afghanistan, near to the ruins of the world-famous Bamiyan Buddhas.
Archaeologists say the 19m (62ft) statue is in a sleeping position and dates back to the Third Century.
Other relics such as coins and ceramics were also found.
The Taleban blew up two giant standing Buddhas carved into the mountainside at Bamiyan - once a thriving centre of Buddhism - in 2001.
The statues, the tallest such standing Buddhas in the world at the time, were considered by the Taleban to be un-Islamic representations of the human form.
Archaeologists are working on restoring the largest of the two Buddhas in a project that is expected to take a decade.
The BBC's Alastair Leithead visits Bamiyan
A local official in Bamiyan said the newly found statue had been badly damaged, but some parts of it, such as the neck and right hand, were in a good condition.
He said measures were being taken to protect it, and it was hoped the statue would go on public display next year.
The latest find gives hope to archaeologists searching for a 300m long statue recorded by a Chinese pilgrim centuries ago.
Iconic Buddhist art works, now thought to be the oldest oil paintings in the world, have also been found in the caves at Bamiyan.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/s ... 604519.stm
Published: 2008/09/08 13:53:58 GMT
© BBC MMVIII
Rabbit VS. Turtle
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โพสต์ที่ 208
เพิ่งอ่านข่าวเจอใน BKK Post เมื่อเช้านี้เองครับ พี่ Boo
เป็นการค้นพบที่น่าติดตามมาก
อีกสักพักคงมีสารคดีประเภท Discovery หรือ National Geographic
มาถ่ายให้พวกเราดู
เสียดายองค์พระพุทธรูปเก่าก่อนนั้นที่ถูกทำลายก่อน
ตอนนี้กำลังอ่านเรื่องไพรัชนิยายเกี่ยวกับบามิยัน ในนิตยสารฉบับหนึ่ง
จดหมายรักจากบามิยัน
เป็นการเล่างานทางโบราณคดีของอัฟกานิสถาน
แต่ยืดยาดจัง เดินเรื่องมาเป็นสิบๆตอน ยังไม่ถึงบามิยันเลย
สงสัยเดินเท้า
เป็นการค้นพบที่น่าติดตามมาก
อีกสักพักคงมีสารคดีประเภท Discovery หรือ National Geographic
มาถ่ายให้พวกเราดู
เสียดายองค์พระพุทธรูปเก่าก่อนนั้นที่ถูกทำลายก่อน
ตอนนี้กำลังอ่านเรื่องไพรัชนิยายเกี่ยวกับบามิยัน ในนิตยสารฉบับหนึ่ง
จดหมายรักจากบามิยัน
เป็นการเล่างานทางโบราณคดีของอัฟกานิสถาน
แต่ยืดยาดจัง เดินเรื่องมาเป็นสิบๆตอน ยังไม่ถึงบามิยันเลย
สงสัยเดินเท้า
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Mr. Boo
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บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 209
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SAS debates its future structure
Scandinavian airline SAS has confirmed it is in talks regarding the "future structure" of the group.
Trading in the firms shares had been suspended for most of the afternoon following reports that rival Lufthansa was considering a bid for the group.
SAS said it was considering a number of options but did not name who it was in discussions with.
Like many airlines, the Stockholm-based carrier is struggling to cope with high fuel costs and lower demand.
Before trading was halted, shares in SAS - which is part-owned by the Swedish, Danish and Norwegian governments - were 11% higher.
When trading restarted on the Stockholm stock exchange, the shares immediately jumped 18%.
Joining forces
Higher fuel prices and falling demand have encouraged a number of airlines to consider joining with rivals in an attempt to cut costs.
British Airways, for example, is expected to join forces with both Spanish airline Iberia and American Airlines.
And as a further sign of the problems facing the travel industry XL Leisure Group, the UK's third-largest tour operator, went into administration on Friday.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 612784.stm
Published: 2008/09/12 15:27:38 GMT
© BBC MMVIII
สายการบินนี้เค้าซี้กับสายการบินแห่งชาติของเรานะ.......เสียวเว้ยยย
SAS debates its future structure
Scandinavian airline SAS has confirmed it is in talks regarding the "future structure" of the group.
Trading in the firms shares had been suspended for most of the afternoon following reports that rival Lufthansa was considering a bid for the group.
SAS said it was considering a number of options but did not name who it was in discussions with.
Like many airlines, the Stockholm-based carrier is struggling to cope with high fuel costs and lower demand.
Before trading was halted, shares in SAS - which is part-owned by the Swedish, Danish and Norwegian governments - were 11% higher.
When trading restarted on the Stockholm stock exchange, the shares immediately jumped 18%.
Joining forces
Higher fuel prices and falling demand have encouraged a number of airlines to consider joining with rivals in an attempt to cut costs.
British Airways, for example, is expected to join forces with both Spanish airline Iberia and American Airlines.
And as a further sign of the problems facing the travel industry XL Leisure Group, the UK's third-largest tour operator, went into administration on Friday.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/b ... 612784.stm
Published: 2008/09/12 15:27:38 GMT
© BBC MMVIII
สายการบินนี้เค้าซี้กับสายการบินแห่งชาติของเรานะ.......เสียวเว้ยยย
Rabbit VS. Turtle
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Mr. Boo
- สมาชิกกิตติมศักดิ์
- โพสต์: 1841
- ผู้ติดตาม: 0
บทความน่าสนใจทางธุรกิจจาก BBC Business
โพสต์ที่ 210
.
Indonesia stampede leaves 21 dead
At least 21 people have been killed and several others have been injured in a stampede in Indonesia, according to local officials and media reports.
The crush happened as people waited for charity handouts from a wealthy family in the East Javan town of Pasuruan.
The cash handouts, of up to $4 per person, are a tradition during the Islamic fasting month of Ramadan.
Television footage showed women screaming as they were pushed into a fence by the crowd.
Annual event
Under a system known as Zakat, wealthy Muslims are required to give away a portion of their money to the poor every year.
There were several thousand people in the crowd waiting to be given money from a rich family.
Some people collapsed because of a lack of oxygen and others were trampled. The injured people were being treated in hospital, according to the state news agency.
A worker at the local Morgue, known as Budi, said that most of the dead were women.
The mayor of Pasuruan, Aminurrahman, said it was unclear what had sparked the stampede.
"It's an annual activity from that family," he told local radio, "but there were a lot more people lining up today than in previous years."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/a ... 616009.stm
Published: 2008/09/15 12:01:59 GMT
© BBC MMVIII
Indonesia stampede leaves 21 dead
At least 21 people have been killed and several others have been injured in a stampede in Indonesia, according to local officials and media reports.
The crush happened as people waited for charity handouts from a wealthy family in the East Javan town of Pasuruan.
The cash handouts, of up to $4 per person, are a tradition during the Islamic fasting month of Ramadan.
Television footage showed women screaming as they were pushed into a fence by the crowd.
Annual event
Under a system known as Zakat, wealthy Muslims are required to give away a portion of their money to the poor every year.
There were several thousand people in the crowd waiting to be given money from a rich family.
Some people collapsed because of a lack of oxygen and others were trampled. The injured people were being treated in hospital, according to the state news agency.
A worker at the local Morgue, known as Budi, said that most of the dead were women.
The mayor of Pasuruan, Aminurrahman, said it was unclear what had sparked the stampede.
"It's an annual activity from that family," he told local radio, "but there were a lot more people lining up today than in previous years."
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/a ... 616009.stm
Published: 2008/09/15 12:01:59 GMT
© BBC MMVIII
Rabbit VS. Turtle
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