Bernanke warns of continued inflation
DPA | 17 Jul, 2008
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| US central bank chief Ben Bernanke warned Wednesday that inflation could continue to increase in the near term, as government figures showed rocketing petrol prices had pushed inflation in June to the largest monthly increase since 2005.. |
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Yahoo! rejects Microsoft-Icahn proposal
IANS | 14 Jul, 2008
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| Yahoo! Inc has rejected a joint proposal from Microsoft Corp and billionaire investor Carl Icahn for a restructuring of the global internet giant, saying the deal was not in the "best interest" of stockholders.. |
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US stocks jump as oil price falls
IANS | 09 Jul, 2008
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| US stock indices recorded their biggest jump in a month as oil prices fell sharply on Tuesday and the Federal Reserve opened the door to extending emergency lending into 2009.. |
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