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Oil falls below $69 a barrel over possible Iran truce
Jun. 19, 2006

 

Oil fell below $69 a barrel Monday after major oil exporter Iran said there was a positive atmosphere in the dispute over its atomic work, easing concern about threats to oil supply.

 

 

 


BIZ/FINANCE ARTICLES

Wall Street pulled back sharply Monday as a lack of economic news left investors hesitant to buy stocks
Media Release
Dow Ends Down 72 on Lack of Economic News and inflation scare
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Deutsche Börse launched a fresh effort on Monday to woo Euronext away from a deal with the NYSE Group
Media Release
Deutsche Börse launched a fresh effort on Monday to woo Euronext away from a deal with the NYSE Group, making key concessions on operations that would give its Paris-based rival more power than the Germans were initially prepared to concede.
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Circuit City reports higher sales of flat panel televisions and digital music players
Media Release
Circuit City, the second biggest electronics retailer in the US, reported earnings of $6.4m, or 4 cents a share, in its first quarter on Monday, lifted by sales of flat panel televisions and digital music players.
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Alberto-Culver to spin off stores
Media Release
Alberto-Culver will separate from its Sally Beauty retail and supply operations in an unusual $3bn deal with private equity investors that will create two publicly-traded companies.
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Nike on Monday announced a $3bn share buy-back program
Media Release
Nike on Monday announced a $3bn share buy-back programme, in the hope of bolstering its languishing stock price and signalling confidence to shareholders.
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China fails to make WAPI an international standard - walks out of encrytion meeting
Media Release
China accused that a U.S.-based standards body used underhanded tactics to prevent global approval of WAPI.
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Over the week FTSE 100 fell 1.9 per cent and mid-cap stocks tumbled 4.5 per cent
Media Release
Over the week however, the blue-chip index fell 1.9 per cent and mid-cap stocks tumbled 4.5 per cent amid continuing worries over the effects of global interest rate rises.
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Wall Street fell back this week as three days of heavy selling dragged down the main stock indices
Media Release
During the week, the S&P 500 briefly dipped into negative territory for the year.
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Mittal continues his attempts of hostile takeover of Arcelor
Media Release
Lakshmi Mittal, chairman of Mittal Steel, said on Friday ...
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