Copyright © 2007 Yahoo! All rights reserved. http://uk.news.yahoo.com/business.html en-en Fri, 09 May 2008 20:55:00 +0000 5 http://uk.news.yahoo.com/business.html http://l.yimg.com/eur.yimg.com/i/uk/any/u/news.gif 30 140 http://uk.news.yahoo.com/rtrs/20080509/tbs-uk-ford-7318940.html /rtrs/20080509/r_t_rtrs_bs_other/tbs-uk-ford-7318940_1 Fri, 09 May 2008 20:55:00 +0000 Billionaire investor Kirk Kerkorian on Friday launched a planned tender offer to add to a Ford stake he called an "attractive investment," and not one he acquired to influence the automaker. Reuters http://uk.news.yahoo.com/afp/20080509/tbs-us-economy-trade-8cc5291.html /afp/20080509/r_t_afp_bs_usa/tbs-us-economy-trade-8cc5291_4 Fri, 09 May 2008 20:03:00 +0000 The US trade deficit shrank more than expected in March to 58.2 billion dollars, as imports fell sharply and as the weak dollar continued to underpin exports, a government survey showed Friday. AFP http://uk.news.yahoo.com/rtrs/20080509/tbs-uk-clearchannel-trial-b425282.html /rtrs/20080509/r_t_rtrs_bs_tvbiz/tbs-uk-clearchannel-trial-b425282_1 Fri, 09 May 2008 19:56:00 +0000 The iconic New York State Supreme Court house, a popular backdrop for movies and television shows, was busy preparing for Monday's showdown over the $20 billion (10.2 billion pound) buyout of Clear Channel Communications Reuters http://uk.news.yahoo.com/afp/20080509/tts-commodities-energy-oil-price-1564f99.html /afp/20080509/r_t_afp_ts_energy/tts-commodities-energy-oil-price-1564f99_6 Fri, 09 May 2008 19:53:00 +0000 Oil prices briefly surged to a record high above 126 dollars on Friday, driven into uncharted territory by speculators trying to take advantage of global supply concerns, analysts said. AFP http://uk.news.yahoo.com/rtrs/20080509/tbs-uk-markets-oil-7318940.html /rtrs/20080509/r_t_rtrs_bs_other/tbs-uk-markets-oil-7318940_2 Fri, 09 May 2008 19:49:00 +0000 Oil jumped to a record above $126 a barrel on Friday, extending gains to more than 11 percent since the start of the month on fuel supply concerns and a rush of speculator buying. Reuters http://uk.news.yahoo.com/afp/20080509/tuk-britain-france-energy-nuclear-edf-br-a7ad41d.html /afp/20080509/r_t_afp_uk_britain/tuk-britain-france-energy-nuclear-edf-br-a7ad41d_2 Fri, 09 May 2008 19:48:00 +0000 State-owned French power company EDF has submitted an offer for nuclear power operator British Energy, the BBC reported Friday on its website. AFP http://uk.news.yahoo.com/rtrs/20080509/tbs-uk-citigroup-03c9bed.html /rtrs/20080509/r_t_rtrs_bs_company/tbs-uk-citigroup-03c9bed_2 Fri, 09 May 2008 19:47:00 +0000 Citigroup Inc said on Friday it plans to shed $400 billion (205 billion pounds) of assets within three years and boost revenue by up to 10 percent annually, in a bid to restore profitability after huge losses tied to flagging mortgage and credit markets. Reuters http://uk.news.yahoo.com/afp/20080509/tbs-imf-turkey-economy-5268574.html /afp/20080509/r_t_afp_bs_economy/tbs-imf-turkey-economy-5268574_1 Fri, 09 May 2008 19:18:00 +0000 The International Monetary Fund on Friday approved a 3.65-billion-dollar loan to Turkey, the final segment of a three-year stand-by credit worth nearly 10 billion dollars. AFP http://uk.news.yahoo.com/afp/20080509/tbs-denmark-eu-eurozone-referendum-hunga-5268574.html /afp/20080509/r_t_afp_bs_economy/tbs-denmark-eu-eurozone-referendum-hunga-5268574_1 Fri, 09 May 2008 18:23:00 +0000 The Danish government expects to decide within two months on the date of a referendum on joining the eurozone, Prime Minister Anders Fogh Rasmussen said during a visit to Hungary on Friday. AFP http://uk.news.yahoo.com/afp/20080509/tbs-eu-us-software-company-competition-m-8cc5291.html /afp/20080509/r_t_afp_bs_usa/tbs-eu-us-software-company-competition-m-8cc5291_2 Fri, 09 May 2008 17:42:00 +0000 Microsoft on Friday lodged an appeal at a European court against a record 899 million euro (1.39 billion dollar) fine imposed on it by the EU Commission for defying a landmark anti-trust ruling. AFP