The American power generation sector could be set for a wave of consolidation after NRG made a takeover approach for rival Calpine, potentially creating the largest power generator in the US with a combined value of $22bn (£11bn).
Cable & Wireless said its once-distraught UK business could be capable of standing alone "within a few months" as the telecoms group confirmed it is considering demerging the unit from its international business as it beat forecasts with a 23pc
Almost half of all head office staff at MK One, the value retailer, were made redundant yesterday following the appointment of administrators earlier this week.
Google co-founder Larry Page was in Washington on Thursday to promote the company's proposal for a new generation of wireless devices to operate on soon-to-be-vacant television airwaves.
CBS Corp. chairman and controlling shareholder Sumner Redstone said Thursday that the company never will be reunited with sibling Viacom, which he also controls.
iPhoneWorld.ca . .Engadget reports that a huge line of people is currently standing in front of an Apple store in New York City on 5th Avenue.It seems that a lot of the people are not quite sure why they're standing
iPhoneWorld.ca . .All of us (especially the owners of the original iPhone) are wondering how much the upcoming 3G iPhone version will cost.The big problem is that even AT&T, exclusive iPhone distributor in the USA, supposedly doesn't know the price."There's
EURUSD Comment: Having comfortably met our target at 1.5740, we shall now wait and watch for signs of stalling, probably somewhere between here and 1.5900. Note that the Euro is not overbought and momentum is bullish, so there is no
The NZD/USD trades still in its midterm downward range. Now it is close to the upper side of the short-term trend channel. This could be turn if it not cross the upper trend channel line clearly.
The British Pound continued its upwards trend movement against the US Dollar, reaching 1.9755, which is the first resistance for the currency couple today. If the positive sentiment continues, next resistance is expected at 1.9850, followed by 1.9930. In downward
EUR/USD The pair has built a local bottom at 1.5283 and has advanced well beyond 1.5571. Technical indicators are reversed and divergent. The 50- day SMA is currently projected at 1.5631.
The euro pushed to a one-month high against the dollar on Thursday after the Federal Reserve cut its 2008 growth forecast, while crude oil's surge to fresh record highs stirred fears about inflation and a deeper U.S. slowdown.
The pre-planned breakout variant for sales has been realized but with a loss of several points in attainment of assumed target. OsMA trend indicator having marked the formation of reversal bullish signal gives grounds to presume a possible period of
The 1.6 zone comes closer as the Euro skyrocketed towards 1.58 by more than 150 points a day during the last 48 hours. Yesterday's resistance zone of 1.5720-1.5740 has been broken and it may provide interim support now. While looking
The Pound continued its bearish wave against the Yen yesterday but the pair managed once again to rebound from the critical support at 202.76 which represents the 38.2% correctional level for the upside wave that started back in March, the
Euro continued its upward move last night, reaching the area of 1.5800, reversing completely the previous downward trend. Our basic targets for this move are in the area of 1.5870-90 and all interim resistance levels where easily breached.
