Borrowing Rose in November
Date: 09 January 2007
By Bloomberg News
Bloomberg News
The increase was the most in three months as Americans loaded up on credit card debt to purchase holiday gifts.
Replaying Monday, January 8, 2007
The January 8, 2007 was a Monday under the star sign of ♑. It was the 7 day of the year. President of the United States was George W. Bush.
If you were born on this day, you are 19 years old. Your last birthday was on the Thursday, January 8, 2026, 177 days ago. Your next birthday is on Friday, January 8, 2027, in 187 days. You have lived for 7,117 days, or about 170,831 hours, or about 10,249,889 minutes, or about 614,993,340 seconds.
Some people who share this birthday:
8th of January 2007 News
News as it appeared on the front page of the New York Times on January 8, 2007
Australian Utility Giant Gets Buyout Offer From Managers
Date: 09 January 2007
By Bloomberg News
Bloomberg News
Alinta Ltd. has received a management buyout proposal backed by Macquarie Bank Ltd. in what would be the country’s largest utility buyout.
Kraft Takes a Charge for a Poor-Selling Coffee Machine
Date: 09 January 2007
By Bloomberg News
Bloomberg News
Weaker-than-projected sales of its Tassimo coffee-brewing machines led to a noncash charge of $245 million in the fourth quarter.
China Says It May Be Flexible With Yuan
Date: 08 January 2007
By Bloomberg News
Bloomberg News
China said it may increase the flexibility of the yuan should the country’s trade surplus continue to expand this year.
Caremark Rejects $26 Billion Offer
Date: 08 January 2007
By Bloomberg News
Bloomberg News
Caremark Rx Inc., the nation’s second-largest manager of pharmacy benefits, said that it had rejected a $26 billion unsolicited merger bid from Express Scripts Inc., choosing a lower offer from the drugstore chain CVS Corporation.
Citigroup Cutback in Japan
Date: 09 January 2007
By Bloomberg News
Bloomberg News
Citigroup will shut about 270 consumer finance branches after a new local law capped the interest rate nonbank lenders can charge.
Germany: Manufacturing Orders Rise
Date: 09 January 2007
By Bloomberg News
Bloomberg News
Manufacturing orders rose for the first time in three months in November, led by an increase in demand for trucks and cars. Orders, adjusted for seasonal swings and inflation, rose 1.5 percent from October, when they declined 0.7 percent, the Economy and Technology Ministry said. The figure for October factory orders was revised up from an initially reported decline of 1.1 percent. Domestic orders gained 0.6 percent in November, and foreign orders rose 2.3 percent. Demand for consumer goods advanced 2.7 percent.
South Korea: Samsung Forecast
Date: 09 January 2007
By Bloomberg News
Bloomberg News
The Samsung Electronics Company forecast record profit from consumer electronics this year, helped by television sales. Profit this year from the digital media division, including earnings from overseas affiliates, will probably exceed 1 trillion won ($1.1 billion) for the first time, Choi Gee Sung, president of the division, said in a statement. Samsung plans to sell 11 million L.C.D. televisions in 2007, up from 6.2 million units last year, the company said. Samsung, which is based in Suwon, South Korea, also forecast its shipments of plasma TVs to rise to 2.5 million units this year, compared with 1.3 million sets in 2006.
Switzerland: UBS Names U.S. Official
Date: 09 January 2007
By Bloomberg News
Bloomberg News
UBS, the Swiss bank, said it had appointed Teresa Mullett Ressel, a former United States Treasury assistant secretary, to be the chief executive of its United States brokerage unit, UBS Securities. Ms. Ressel will maintain her role as chief operating officer for the company’s United States investment banking unit, UBS said. Based in Zurich, UBS hired Ms. Ressel in 2004 from the Treasury, where she was assistant secretary and chief financial officer.
Romania: a Bid for Dracula’s Castle
Date: 09 January 2007
By Bloomberg News
Bloomberg News
Dracula’s castle may sell for 60 million euros ($78 million) after the local government offered to buy the Transylvanian fortress to increase tourism revenue. The Brasov County Council in central Romania is in talks with a foreign bank on a 10-year loan for that amount to get back the castle from its current owners living abroad, Aristotel Cancescu, president of the municipality, said in a telephone interview. Built in 1212 by Teutonic knights, the castle was briefly used two centuries later by the Romanian ruler Vlad the Impaler, who inspired Bram Stoker’s legend of Count Dracula. The castle’s current owners are Dominic von Habsburg, an industrial designer who lives in New York, and his sisters, Elisabeth Sandhofer and Maria-Magdalena Holzhausen, who both live in Austria.