• Most Popular
  • Most Shared

Global Deals Review: Q4 2009

Two men shakes hands in this file photo. REUTERS/Files

Hot sectors in a tepid recovery

The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010.   Full Article | Full Coverage 

» More Global Deals Review: Q4 2009 News

RPT-Sterling falls to fresh 2-year low vs US dollar

Wed Aug 27, 2008 12:07pm EDT

(Repeats to attach story to news alert)

Global Markets

NEW YORK, Aug 27 (Reuters) - Sterling slid to a fresh two-year low against the U.S. dollar on Wednesday in thin trading, pressured by concerns about a slowing British economy that could force the Bank of England to cut interest rates.

Sterling GBP= fell to $1.8286, the lowest since July 2006, according to Reuters data. It was last at $1.8312, still down 0.4 percent on the day.

The British pound has dropped from about $2.0153 hit just over a month ago, and was on track to post its weakest monthly performance against the dollar since 1992. (Reporting by Gertrude Chavez-Dreyfuss; Editing by James Dalgleish)

Global Markets


More from Reuters

Photo

U.S. probing if al Qaeda linked to airplane incident

WASHINGTON (Reuters) - The Obama administration said on Sunday it was investigating whether al Qaeda was involved in a Christmas Day attempt to blow up a passenger jet and sought to head off Republican attacks over its anti-terrorism measures. | Video

» More Top News
A Delta Airbus 330 airliner sits on a runway at Detroit Metropolitan Airport in Romulus, Michigan in this video grab made December 25, 2009. Credit: REUTERS/WDIV TV/Handout

The battle in mid-air

The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers.  Full Article 

U.S.
A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

Global Markets