Fed cuts interest rate to 4.75%
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldThe Federal Reserve decides to cut US interest rates by 0.5%, more than had been expected.
Read Fed cuts interest rate to 4.75% (Links)
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UK lender says profits are intact
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldUK buy-to-let mortgage lender Paragon Group says it can fund its business until next year, reassuring panicked investors.
Read UK lender says profits are intact (Links)
'Savers return' to Northern Rock
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldShares in Northern Rock rise and bank says customers are returning after a government guarantee to savers.
Read 'Savers return' to Northern Rock (Links)
China opens coffers for minerals
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldChina lends $5bn to DR Congo for some major infrastructure projects in return for mineral exploitation rights.
Read China opens coffers for minerals (Links)
Zimbabwean inflation under 7,000%
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldZimbabwean inflation falls to 6,592.8% in August from July's record levels, official figures show.
Read Zimbabwean inflation under 7,000% (Links)
'10% chance' of house price crash
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldThere is a one in 10 chance of a 1990s-style housing market crash, the Royal Institution of Chartered Surveyors says.
Read '10% chance' of house price crash (Links)
Profit falls at Lehman Brothers
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldLehman Brothers, the first of the big US investment banks to report results, unveils a dip in quarterly profits.
Read Profit falls at Lehman Brothers (Links)
State loses car climate-link case
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldCalifornia loses a high-profile court case against carmakers over the alleged damage caused by CO2 emissions.
Read State loses car climate-link case (Links)
UK inflation rate eases to 1.8%
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldUK inflation fell to 1.8% in August from 1.9% in July, official figures show, helped by cheaper energy bills.
Read UK inflation rate eases to 1.8% (Links)
O2 wins iPhone contract in the UK
Posted Tuesday September 18, 2007, 6:48 am, Over one day oldApple announces that its iPhone will be launched in the UK on the O2 mobile network on 9 November.
Read O2 wins iPhone contract in the UK (Links)
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