Financial news on May 29th, 2006
Business and Financial news
Sony has expanded into so many businesses in Japan and abroad that it has blurred its original identity as an engineering innovator. Read more..
The investment bank Goldman Sachs is trying to block Arcelor's plans to sell off a major stake to Severstal, a Russian company. Read more..
Brian Tierney, leader of the team that bought the Philadelphia Inquirer and The Daily News, became a Republican by happenstance. Read more..
After installing himself at the advertising company Havas, French investor Vincent Bolloré is now moving on rival ad company Aegis in the hopes that he can merge the two. Read more..
Édouard Michelin, the co-managing partner of Michelin, the tire maker, drowned Friday in a boating accident at age 42. Read more..
Banks recently made it free to pay bills through their Web sites, resulting in a boom in the number of bills viewed and paid online. Read more..
Canada's prime minister is trying to use Washington-style tactics to control reporters, and Canada's press is fighting back. Read more..
EBay and Yahoo's new partnership will not sever the strong ties that exist between eBay and Google, Yahoo's chief rival. Read more..
The advertising agency that created the character of the lonely Maytag repairman is about to be replaced. Read more..
The shrinking list of movies scheduled for review is an indication that the long marriage between print and film is hitting a rough spot. Read more..
Exchange Rates of May 29th, 2006
|US Dollar||Japanese Yen||1 USD = 112.390 JPY||1 JPY = 0.009 USD|
|US Dollar||Canadian Dollar||1 USD = 1.106 CAD||1 CAD = 0.904 USD|
|US Dollar||Swiss Franc||1 USD = 1.225 CHF||1 CHF = 0.816 USD|
|US Dollar||Chinese Yuan||1 USD = 8.020 CNY||1 CNY = 0.125 USD|
|Euro||Japanese Yen||1 EUR = 143.260 JPY||1 JPY = 0.007 EUR|
|Euro||Pound Sterling||1 EUR = 0.686 GBP||1 GBP = 1.459 EUR|
|Euro||Australian Dollar||1 EUR = 1.679 AUD||1 AUD = 0.596 EUR|
|Euro||Canadian Dollar||1 EUR = 1.410 CAD||1 CAD = 0.709 EUR|
|Euro||Swiss Franc||1 EUR = 1.561 CHF||1 CHF = 0.640 EUR|
|Pound Sterling||Australian Dollar||1 GBP = 2.448 AUD||1 AUD = 0.408 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 2.056 CAD||1 CAD = 0.486 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 2.277 CHF||1 CHF = 0.439 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.839 CAD||1 CAD = 1.192 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.929 CHF||1 CHF = 1.076 AUD|