CHICAGO - Package delivery company United Parcel Service Inc has said on Sunday it expects to handle 22 million packages on its peak day ahead of the holidays this year, an increase of less than 5 percent from its forecast of 21 million in 2006.
NEW YORK - Symantec shares may be poised to rise, despite concerns about the business spending environment that have hurt technology stocks including Symantec, according to Barron’s financial newspaper.
KUWAIT - Saudi Arabia, the world’s top oil exporter, has said on Sunday that the exporter group would discuss an increase in oil output at an upcoming meeting in a bid to cool record prices near $100 a barrel.
NEW YORK - Any new signs that the economy continues to decelerate could make it hard for stocks to regain their footing in the coming days after last week’s bruising sell-off and a drop in consumer sentiment to a two-year low.
LONDON - BHP Billiton , the world’s largegest mining group, is considering the sale of one of its largegest units, BHP Petroleum, to help finance a hostile takeover of Rio Tinto , the UK Sunday Times newspaper has said.
LONDON - Europe’s largegest bank HSBC Holdings is this week expected to unveil a further large hit from its exposure to the United States mortgage crisis.
LONDON - Europe’s largegest bank HSBC Holdings is this week expected to unveil a further large hit from its exposure to the United States mortgage crisis.
LONDON - Europe’s largegest bank HSBC Holdings is this week expected to unveil a further large hit from its exposure to the United States mortgage crisis.