Panama traffic fall stokes recession fears
A DECLINE in traffic at the Panama Canal in the last three months has given more weight to fears that the US is sliding into a recession.
Have you ever met a person that will argue any point just for the sake of arguing? I worked with two guys that had this type of personality. The two of them could debate an issue for hours, and each thought they knew more than the other. I tried to avoid both of them when they were into one of their discussions. I learned that if I needed a fast answer to a question I should not ask either on of them. If you started talking to either one the other would some how find a way to join in and take the opposite point of view.
Price of litre of petrol tops 1 for first time in UK as oil surges on a North Sea storm. By Graeme Wearden.
The pound climbed to $2.10 for the first time since 1981 today, boosted by speculation that China was preparing to shift its foreign reserves out of dollars. By Graeme Wearden.
Market report: London shares resumed their downward trek today, knocked by volatile oil prices, a tumbling dollar, jitters around banks and more anxieties on Wall Street. By Katie Allen.
Virgin Media signals that era of upheaval marked by public rows with BSkyB is behind it as the cable TV company posts strongest customer growth in more than a year. By Katie Allen and Chris Tryhorn.
Henkel, the maker of Schwarzkopf hair products, plans to cut thousands of jobs when it completes its 2.7bn acquisition of ICI’s National Starch adhesives business early next year. By David Gow.
British bus and rail operator says soaring oil price forcing motorists out of their cars and on to public transport. By Dan Milmo.
Outlook at fashion chain Next ‘uncertain’ in run-up to Christmas, company warns. By Julia Finch.
Cable group Virgin Media added 13,000 new customers in the third quarter of the year. By Chris Tryhorn.
King: ‘No disagreement with chancellor’ Authorities knew savers had insufficient protection
Record label Universal Music Classics & Jazz is making its entire catalogue available online without copy protection as part of an experiment to gauge fans’ demand for MP3 tracks. By Katie Allen.
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Share ThisPrice of litre of petrol tops 1 for first time in UK as oil surges on a North Sea storm. By Graeme Wearden.
The pound climbed to $2.10 for the first time since 1981 today, boosted by speculation that China was preparing to shift its foreign reserves out of dollars. By Graeme Wearden.
Market report: London shares resumed their downward trek today, knocked by volatile oil prices, a tumbling dollar, jitters around banks and more anxieties on Wall Street. By Katie Allen.
Virgin Media signals that era of upheaval marked by public rows with BSkyB is behind it as the cable TV company posts strongest customer growth in more than a year. By Katie Allen and Chris Tryhorn.
Share ThisPanama Canal services fees expected to surge
THE Panama Canal Authority will introduce a 7%-8% increase in the charges it levies for towage and line handlingservices in the waterway to compensate for the steep rise in fuel costs, writesRainbow Nelson.
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Share ThisUP TO 75% of the world?s orderbook under construction could have trouble raising the financing that would bankroll those ships? completion through to 2012, a senior banking executive has hinted.
ITALIAN class society Rina is to introduce a substantially revamped and strengthened version of its successful Green Star environmental notation as a direct response to regulatory discussions at the International Maritime Organization and new developments in industry.
THE International Maritime Organization must urge the UN secretary-general to strengthen the UN security council resolution 1816 on anti-piracy action in the Gulf of Aden, an industry spokesman said yesterday.
THE GLOBAL credit crisis has undermined the banking system and presages a further shift of influence over world trade to Asia, industry leaders were told yesterday.
FRENCH insurers have ensured that their finances are solid in the face of the turmoil affecting the financial markets, writes Andrew Spurrier.
Share ThisIf everything goes against you, you will be saved by your contingency planning! If you don ” t feel in control, stop talking. Immediately!!! Make sure you are listening to the other person. If you are doing most of the talking the chances are you are doing most of the conceding. Offer to break the meeting and reconvene at another time when you have been able to consider what has already been put forward
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