Oil ticked up above $70 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield and as equity markets rallied on perceptions the global recession was easing.
Oil rose toward $71 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield and as equity markets rallied on perceptions the global recession was easing.
Swiss bank UBS unveiled plans to raise 3.8 billion Swiss francs ($3.5 billion) in a share sale and forecast a second-quarter loss, sending its stock lower on Friday as analysts said problems remained.
Oil rose above $71 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield and as equity markets rallied on optimism the global recession was easing.
UBS , the world's largest wealth manager, said simple market opportunity was behind its decision to seek about 3.8 billion Swiss francs ($3.46 billion) of new capital in a share offer.
Oil rose to $71 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield in the Delta state and as equity markets rallied on optimism the recession was easing.
Dealmakers saw business pick up again in the second quarter as they helped companies raise cash in capital markets, but lucrative mergers and acquisitions (M&A) languished.
UBS, the world's largest wealth manager, said its decision to sell stock was to take advantage of a window of opportunity that should allow it to raise about 3.8 billion Swiss francs ($3.46 billion).
Oil climbed toward $71 a barrel on Friday, extending a 2 percent gain the day before, after rebel attacks on Nigerian oil facilities disrupted supply and equity markets rallied on optimism the global recession was ebbing.
Oil surged above $70 a barrel on Friday, extending a 2 percent gain the day before, after rebel attacks on Nigerian oil facilities disrupted supply and equity markets rallied on optimism the global recession was ebbing.
On Thursday, Google began issuing invitations for Google Voice to those who have expressed interest. Google Voice is built with technology obtained through its 2007 acquisition of Internet telephony company GrandCentral.
YouTube on Thursday said that with the introduction of the new iPhone, mobile uploads to its site have shot up 400 percent.
Stocks rallied on Thursday as investors were relieved Fed Chairman Ben Bernanke withstood a barrage of pointed questions from Congress on the Bank of America-Merrill Lynch deal relatively unscathed.
Accused swindler Allen Stanford will spend at least one more night in a Texas jail after a U.S. judge stayed her decision to grant a $500,000 bond because the U.S. government plans to appeal.
Microsoft rolled out prices for its new operating system, which will be officially available in October this year. Prices for upgrades vary from different Windows 7 versions.
Microsoft Windows 7 pre order will start tomorrow until July 11th in the United States and Canada. Japan is also included on the list for tomorrow’s pre order release but will end earlier on July 5TH or while supplies last.
Stocks rallied on Thursday as investors were relieved that Federal Reserve Chairman Ben Bernanke withstood congressional questioning without problems.
Microsoft Corporation on Thursday said its price cut for the Windows 7 operating system will deferre its revenue by 50 percent from eligible sales compared to its predecessor as it vies to revive its flagship product.
Next Monday, Wall Street's biggest and most brazen crook, Bernard Madoff, will leave his jail cell to hear his punishment. But for his victims, even a lifetime in prison may not be enough.
A bipartisan panel armed with subpoena power to investigate causes of the Wall Street meltdown is on the brink of being launched, as Congress embarks on an ambitious effort to reform policing of the financial sector.
A bipartisan panel armed with subpoena power to investigate causes of the Wall Street meltdown is on the brink of being launched, as Congress embarks on an ambitious effort to reform policing of the financial sector.
Federal Reserve Chairman Ben Bernanke, facing his toughest grilling yet by U.S. lawmakers, said on Thursday he had never threatened to fire Bank of America's management if they pulled the plug on a planned merger with Merrill Lynch.
Stocks rose sharply on Thursday, helped by consumer discretionary shares after Bed Bath & Beyond Inc posted a surprising profit increase and home builder Lennar Corp reported a rise in new home sales.
Federal Reserve Chairman Ben Bernanke, facing one of his toughest grillings yet by U.S. lawmakers on Thursday, denied he had ever threatened to fire Bank of America management if they pulled the plug on a planned merger with Merrill Lynch.
After spending a week in jail, Texas financier Allen Stanford pleaded not guilty on Thursday to 21 criminal charges that he ran a $7 billion Ponzi scheme.
Bank of America Corp was sued on Thursday in a federal lawsuit in New York, accusing the largest U.S. bank of discriminating against female brokers at the former Merrill Lynch & Co by offering them lower retention bonuses than their male counterparts.
Stocks rose sharply on Thursday after the latest Treasury auction garnered strong demand, pressuring bond yields, while consumer discretionary shares gained.
The U.S. Federal Reserve on Thursday extended a number of its emergency funding facilities and swap lines with central banks around the world to February 1, 2010, saying that while conditions in financial markets have improved recently, some markets remain impaired and seem likely to be strained for some time.
Maintaining motivation during your job search is not easy—and that is an understatement, for sure. Threats to your motivation include:
Oil prices rose more than $2 to near $70 a barrel on Thursday after Nigerian rebels attacked a Royal Dutch Shell pipeline, raising worries about supply from the OPEC-member nation.
