Financial news on January 1st, 2008
Business and Financial news
Shares of Baidu.com, owner of China’s most popular Internet search site, fell after the death of its chief financial officer, Shawn Wang. Mr. Wang died in an accident on Thursday, the company said in a statement on Saturday. A group of senior mana... Read more..
More carriers and routes are becoming all-business class. Read more..
Mr. Brennan became chief executive at Sears in 1986, when the company was the nation’s largest retailer. Read more..
Bigger is better, right? Not so fast. Corporate America appears to have had second thoughts in 2007. Read more..
The exchange, Asia’s seventh-biggest equities market, planned to sell a stake of as much as 25 percent of itself to overseas bourses. Read more..
Even a report that showed sales of existing homes had been nudged up in November failed to lift the market as traders closed their books on the year. Read more..
The commercial insurer reached an agreement with several states to pay $6 million to resolve an investigation into fees it paid to brokers. Read more..
Nasdaq Stock Market obtained clearance to sell a stake to Borse Dubai, paving the way for Nasdaq’s eventual acquisition of the OMX exchange in Stockholm. Read more..
The companies will each license three patents to the other, resolving a rift that had threatened to shut down some Vonage calling features. Read more..
In what may become an A-list booking-war blitz, David Letterman has landed comedian Robin Williams as the first guest when “The Late Show” returns to CBS. Read more..
Exchange Rates of January 1st, 2008
|US Dollar||Japanese Yen||1 USD = 111,640 JPY||1 JPY = 0,009 USD|
|US Dollar||Canadian Dollar||1 USD = 0,992 CAD||1 CAD = 1,008 USD|
|US Dollar||Swiss Franc||1 USD = 1,133 CHF||1 CHF = 0,883 USD|
|Euro||Japanese Yen||1 EUR = 162,870 JPY||1 JPY = 0,006 EUR|
|Euro||Pound Sterling||1 EUR = 0,734 GBP||1 GBP = 1,362 EUR|
|Euro||Australian Dollar||1 EUR = 1,664 AUD||1 AUD = 0,601 EUR|
|Euro||Canadian Dollar||1 EUR = 1,448 CAD||1 CAD = 0,691 EUR|
|Euro||Swiss Franc||1 EUR = 1,654 CHF||1 CHF = 0,605 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0,451 GBP||1 GBP = 2,219 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1,022 AUD||1 AUD = 0,979 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 0,888 CAD||1 CAD = 1,126 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1,015 CHF||1 CHF = 0,985 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 2,267 AUD||1 AUD = 0,441 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1,971 CAD||1 CAD = 0,507 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 2,251 CHF||1 CHF = 0,444 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0,869 CAD||1 CAD = 1,151 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0,993 CHF||1 CHF = 1,007 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 1,142 CHF||1 CHF = 0,876 CAD|