Categories
China inflation spike weakens equities
Categorie : World Business NewsLONDON (Reuters) - A spike in Chinese inflation weakened equity markets on Thursday, as investors pondered the prospects of interest rate hikes in one of the world's main economic drivers. ...
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Wed Mar 2010
BP to pay Devon $7 billion for oil fields
Categorie : World Business NewsLONDON (Reuters) - London-based oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for $7 billion, as the U.S. producer refocuses on onshore U.S. fields. ...
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Geithner urges reform on housing finance market
Categorie : World Business NewsWASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday that "fundamental reform" of the government's role in the housing finance market is needed and it will be next year before proposals are ready for Congress. ...
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EADS sees no financial hit from U.S. tanker loss
Categorie : World Business NewsPARIS (Reuters) - The apparent loss this week of a U.S. in-flight refueling tanker contract worth up to $50 billion will not affect EADS's finances, the European aerospace group's chief executive said on Thursday. ...
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Senate passes $149 billion for jobless aid
Categorie : World Business NewsWASHINGTON (Reuters) - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November. ...
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HSBC says Swiss data theft affects 15,000 clients
Categorie : World Business NewsLONDON (Reuters) - HSBC Holdings said the theft of data by a former employee affected about 15,000 Swiss client accounts, after previously saying it affected "less than 10 clients." ...
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Toyota hands over 2006 dissident memo to U.S. panel
Categorie : World Business NewsTOKYO (Reuters) - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time. ...
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U.S. warns EU of rift over fund regulation: report
Categorie : World Business NewsBRUSSELS (Reuters) - U.S. Treasury Secretary Tim Geithner has written to the European Commission warning that plans to regulate hedge funds and private equity firms could cause tensions with Washington, the Financial Times reported. ...
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U.S. dollar still rules, but debt level a risk: S&P
Categorie : World Business NewsNEW YORK (Reuters) - The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency's primacy. ...
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U.S. bailout watchdog criticizes Treasury over GMAC
Categorie : World Business NewsWASHINGTON (Reuters) - The U.S. Treasury's decision against a bankruptcy restructuring for GMAC may have increased taxpayer bailout costs for the auto finance company and made it less viable, an oversight group said on Thursday. ...
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Sony unveils new motion contoller to slow Nintendo (AP)
Categorie : World Business NewsAP - Sony has a new message for Nintendo Wii gamers: Come join us. ...
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Palm Inc. teeters in crowded smart phone market (AP)
Categorie : World Business NewsAP - Last year, Palm thought it had all the pieces for a turnaround in the market it pioneered: A new CEO known for making the iPod a household name, a sleek new smart phone called the Pre and fresh, intuitive operating software. ...
read more Wed Mar 2010