News : AFRICA : Business, Economics & Finance

News : AFRICA : Business, Economics & Finance
News : Business, Economics & Finance


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BUSINESS, ECONOMICS & FINANCE IN AFRICA

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Trufant has cracked bone in hand

RENTON, Wash. (AP) -- Pro Bowl cornerback Marcus Trufant has a cracked bone in his left hand, but it won't keep him from playing against the San Francisco 49ers on Sunday....

Beleaguered Lehman racing to find buyer

Lehman Brothers’ shares sank further as top executives raced to put a sale of the beleaguered investment bank in place and Washington indicated that taxpayers would not foot the bill.


Hurricane Ike brings spike in gas prices

Hurricane Ike brings spike in gas prices

The resulting spike in gas prices could be short-lived if Hurricane Ike's damage is light. But the longer-term impact won’t be known until the storm passes and floodwaters subside.


Stocks end mixed as Lehman goes for help

Stocks finished a volatile session narrowly mixed Friday, as gains in the energy, utilities and materials sectors offset some of investors' angst over the fate of Lehman Brothers Holdings Inc.

Merrill now in shorts' sights as Lehman crumbles

NEW YORK (Reuters) - The crisis of confidence in Lehman Brothers has led to fallout throughout the financial sector -- especially for larger rival Merrill Lynch & Co Inc .

In Ike’s wake, IRS gives extension to victims

Taxpayers and tax preparers in areas affected by Hurricane Ike will get an extra week to file returns and make payments due Sept. 15, the Internal Revenue Service said Friday.

Retail sales off but optimism rises

WASHINGTON (Reuters) - Sales at U.S. retail stores fell for a second straight month in August as consumers facing a tough job market cut spending, but declining gasoline prices seemed to lift their spirits in September.

Oil falls to five-month low, settles near $100

Crude oil futures briefly sank below the psychologically important $100-a-barrel mark Friday for the first time in five months.

Auto execs in D.C. to push loan program

GM's chief executive urged Congress to provide funding for a $25 billion loan program and give flexibility to the auto industry to use the money to improve fuel efficiency.

Car shoppers getting fuels for thought

Car shoppers getting fuels for thought

As the 2009 model year kicks into high gear, car buyers will have some serious choices in how their vehicles will be powered.


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