Financial news on December 25, 2007
Business and Financial news
This year, the song’s true love would spend $19,507 to give every whimsy on the 12th day, according to a yearly holiday index tabulated by PNC Wealth Management. Read more..
Home prices in Britain fell the most in three years in December, and the threat of more declines may cause the property market to seize up in 2008, said Hometrack Ltd., a London-based research group. The average cost of a home in England and Wales... Read more..
San Franciscans searching for the perfect toy this holiday season have had the added hurdle of finding a place to buy it. Read more..
Toy retailers across the country have largely pushed sleds and toboggans off their shelves and out of their catalog pages, victims of warmer weather and the changing taste of children. Read more..
The rap superstar said Monday that he would end his unusual three-year turn in the corporate suite. Read more..
Shares rose on Monday after an investment deal raised hopes that wealthy foreign investors would come to the rescue of America’s ailing investment firms. Read more..
Merrill Lynch agreed on Monday to sell $5 billion of new stock to an investor from Singapore and a smaller stake to a domestic firm. Read more..
Air France-KLM Group, the world’s largest airline, agreed to buy the regional carrier VLM Airlines to expand its business travel to London. Air France is buying the airline from Panta Holdings. Read more..
Many professionals of the Jewish, Muslim and Hindu faiths regularly have to balance their religion and their jobs. Read more..
Shares in Wyeth fell sharply on Monday after its heartburn medicine attracted generic competition and American regulators delayed its experimental drug for preventing bone loss. Read more..
Exchange Rates of December 25, 2007
|US Dollar||Japanese Yen||1 USD = 114.150 JPY||1 JPY = 0.009 USD|
|US Dollar||Canadian Dollar||1 USD = 0.985 CAD||1 CAD = 1.015 USD|
|US Dollar||Swiss Franc||1 USD = 1.157 CHF||1 CHF = 0.864 USD|
|US Dollar||Chinese Yuan||1 USD = 7.330 CNY||1 CNY = 0.136 USD|
|Euro||Japanese Yen||1 EUR = 164.390 JPY||1 JPY = 0.006 EUR|
|Euro||Pound Sterling||1 EUR = 0.727 GBP||1 GBP = 1.376 EUR|
|Euro||Australian Dollar||1 EUR = 1.653 AUD||1 AUD = 0.605 EUR|
|Euro||Canadian Dollar||1 EUR = 1.418 CAD||1 CAD = 0.705 EUR|
|Euro||Swiss Franc||1 EUR = 1.619 CHF||1 CHF = 0.618 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.442 GBP||1 GBP = 2.262 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.005 AUD||1 AUD = 0.995 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 0.862 CAD||1 CAD = 1.160 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 0.985 CHF||1 CHF = 1.015 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 2.273 AUD||1 AUD = 0.440 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.951 CAD||1 CAD = 0.513 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 2.224 CHF||1 CHF = 0.450 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.858 CAD||1 CAD = 1.166 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.979 CHF||1 CHF = 1.022 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 1.142 CHF||1 CHF = 0.876 CAD|