IBT Staff Reporter

On Monday Global Radio announced that it would be buying GCap Media for the sum of £375 million, at 225 pence per share.

Brewer Scottish & Newcastle (S&N) has said that its shareholders voted overwhelmingly in favour of a £10 billion takeover big from a consortium of Carlsberg and Heineken. The vote was taken at an extraordinary general meeting on Monday.

U.S. stock indexes rose for the first time in four days on Monday, despite big losses for pharmaceutical giant Merck, while lower oil prices improved business activity and a Treasury plan was announced to boost the economy against growing credit losses.

The Confederation of British Industry (CBI) has said that it expects the financial crisis to get worse in the coming months and could cost profits and jobs for financial companies.

The Bombay Stock Exchange (BSE) Sensex fell 4.44 percent on Monday, the last day of the financial quarter, to end the quarter of March down 22.9 percent, its biggest quarterly fall since the June 1992 quarter, as reports of rising inflation and global economic slowdown dampened market sentiments.

Soybean declined on Monday after a report from the U.S. Department of Agriculture (USDA) showed that U.S. farmers will plant more soybean and wheat crops this year as the bean prices continue increasing.

Crude oil futures in New York fell more than $3 on Monday on concerns U.S. demand of fuel will decrease as the economy slows down.

Japan Stocks decreased over 2 percent Monday because of uncertainty of the Japan and U.S. economy and selloff of Asian markets.

By Jon Nones Light, sweet crude for May delivery dropped 44 cents to $105.18 a barrel in electronic trading on the New York Mercantile Exchange by midday in Europe.

Supply and demand fundamentals will continue to drive gold prices higher, it has been claimed.

Commodity OnlineDUBAI: Dubai, the Asian hub for major trading in gold, is gearing up to host sixth annual Dubai City of Gold Conference. The conference will take place between April 12th and 13th at the Park Hyatt, Dubai.

Commodity Online NEW DELHI: The Ministry of New and Renewable Energy has announced a demonstration programme to support mega watt size grid interactive solar power generation projects, up to a maximum capacity of 50 MW, in the country.

Commodity Online MUMBAI: The global independent oil exploration and extraction company, Cairn Energy said its Indian unit and the government is currently holding talks on financing of a major pipeline project.

Commodity Online TOKYO: Japan s Natural Resources and Energy Agency on Monday said country s crude oil imports in February rose 8.2% from a year before to 127.18 million barrels.

Commodity Online. DHAKA: Bangladesh s national oil, gas and mineral exploration company, Petrobangla on Sunday announced its decision to offer 28 blocks for offshore exploration rights.

By Chris GilpinSince 2000, oil companies working in the U.S. have doubled the number of wells drilled per year with a glaring lack of results.

By Adrian AshEvery time the bankers cock up, your money steps in thanks to government bail outs to patch up the losses.

By Julian D W PhillipsFirst the Gold Market and silver prices began to tumble, followed by a recovery in the Dollar, all of which happened in an almost straight line. Markets don t do that to the extent seen last week

Commodity Online NEW YORK: World oil prices nearly lost a dollar in early trade Monday and were trading below $105 a barrel at the New York Mercantile Exchange.

By Major Ajay13th week Year 2008 represents figure thirteen (13). This figure represents Rahu as per astrology, Rahu is known for north nod of moon or Dragon 's mouth.

By Edward Tapamor Peak oil is a reality. It may take a generation for al the effects to be played out but they will be played out. They will never be solved by current economic thinking, because it was current economic thinking that caused it.

Commodity Online NEW DELHI: Gold, silver prices fell on heavy selling by stockists. End of marriage and festival season coupled with weak global trends also contributed to the fall.

Following a two-month review of its business model, Motorola Inc announced plans this week to spin off its struggling mobile phone business to create two separate publicly traded companies in 2009.

IAC/InterActiveCorp. Chairman Barry Diller won a big victory in his bitter legal dispute with Liberty Media Corp. Chairman John Malone, as a Delaware court ruled Mr. Diller can proceed with efforts to spin off four of IAC's largest units into multiple companies.

Commodity Online The impact of this drive is minimal but the symbolic effect is huge. Chicago is Earth Hour s US flagship city.

By Bill Bonner Europe's esperanto money has risen to $1.55. In terms of what a Dollar will buy in the United States, a Dollar is down around 25% so far this century

Fitna, a 10 minute anti-Islam film posted on the Internet by Netherlands politician Geert Wilders was removed from Liveleak.com, a video server company, due to serious threats directed to the staff.

Madonna told the Yo on E entertainment talk show that the media should leave Britney Spears alone, saying They need to step off.

The dollar fell slightly against the euro on Thursday after a report showed consumer spending in February rose at its slowest pace in a year.