Financial news on March 21st, 2008
Business and Financial news
The three bidders are Rupert Murdoch, chairman of the News Corporation; Mortimer B. Zuckerman, who owns The Daily News; and James L. Dolan, whose family controls Cablevision. Read more..
The court ruled that the company had wrongly allowed supervisors to share in tips. Read more..
The century-old company that lends money to small businesses and midsize corporations on Thursday was forced to draw on $7.3 billion of emergency bank credit lines. Read more..
The European Central Bank and the Bank of England surprised markets with new loans that banks can use to firm up balance sheets over the holiday weekend. Read more..
Melvyn I. Weiss’s plea is an acknowledgment of his role in a scheme to make hidden side payments to plaintiffs in class-action lawsuits. Read more..
Brad Grey testified on Thursday that he knew nothing of any illicit activity by the Hollywood private eye Anthony Pellicano. Read more..
The arrest of the brothers bodes ill for BP’s work here and is likely to send chills through the ranks of Russian employees at Western companies. Read more..
The economic downturn is seeping into new parts of the country, to communities that seemed insulated only months ago. Read more..
The commitment came from the so-called sovereign wealth funds controlled by the governments of Singapore and Abu Dhabi. Read more..
It grounded the planes when it was told by the F.A.A. that a maintenance contractor had checked the planes’ altimeters using an instrument that was not properly calibrated. Read more..
Exchange Rates of March 21st, 2008
|US Dollar||Japanese Yen||1 USD = 99.570 JPY||1 JPY = 0.010 USD|
|US Dollar||Canadian Dollar||1 USD = 1.023 CAD||1 CAD = 0.977 USD|
|US Dollar||Swiss Franc||1 USD = 1.009 CHF||1 CHF = 0.991 USD|
|US Dollar||Chinese Yuan||1 USD = 7.053 CNY||1 CNY = 0.142 USD|
|Euro||Japanese Yen||1 EUR = 153.680 JPY||1 JPY = 0.007 EUR|
|Euro||Pound Sterling||1 EUR = 0.779 GBP||1 GBP = 1.284 EUR|
|Euro||Australian Dollar||1 EUR = 1.710 AUD||1 AUD = 0.585 EUR|
|Euro||Canadian Dollar||1 EUR = 1.579 CAD||1 CAD = 0.633 EUR|
|Euro||Swiss Franc||1 EUR = 1.557 CHF||1 CHF = 0.642 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.506 GBP||1 GBP = 1.975 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.112 AUD||1 AUD = 0.899 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 1.027 CAD||1 CAD = 0.974 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1.013 CHF||1 CHF = 0.987 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 2.197 AUD||1 AUD = 0.455 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 2.028 CAD||1 CAD = 0.493 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 2.000 CHF||1 CHF = 0.500 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.923 CAD||1 CAD = 1.084 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.910 CHF||1 CHF = 1.099 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 0.986 CHF||1 CHF = 1.014 CAD|