Stiri in categoria
Turmoil on stock markets last month led to the first net redemptions for the Canadian mutual fund sector in almost three years, an industry group said Monday.
Data: Sep 18, 2007 Accesari: 0 Voturi: 0
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Europe’s second-highest court upheld today a 2004 antitrust ruling that found the software company had abused its dominance in operating systems.
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Plants reopened as scheduled, and a number of local unions told their workers to hold off on strike preparations until there was word from Detroit on the negotiations.
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The Treasury secretary said that turmoil in the world’s financial markets could continue for some time, but he cautioned against hasty introduction of new regulations.
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Stocks fell today as a British bank run kept tensions high on Wall Street ahead of the Federal Reserve’s decision on interest rates Tuesday.
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Oil futures rose as high as $80.50 and other energy futures rose today on expectations the Fed will cut the benchmark federal funds rate.
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Crude oil futures surged to record trading highs today after some unusually tough talk from the French foreign minister on Iran's nuclear development efforts.
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A federal judge today tossed out a lawsuit filed by California that sought to hold the world's six largest automakers accountable for their contribution to global warming.
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Bernanke & Co. have many reasons to stop at a quarter-point -- for instance, the economy's not in the tank.
Despite a bad job report, jitters on Wall Street and a housing slump that could cause a recession in states such as California, Federal Reserve Chairman Ben S. Bernanke and a number of Fed policymakers appear deeply reluctant to try to jolt the economy by aggressively cutting the central bank's key short-term interest rate.
Data: Sep 18, 2007 Accesari: 0 Voturi: 0
Despite a bad job report, jitters on Wall Street and a housing slump that could cause a recession in states such as California, Federal Reserve Chairman Ben S. Bernanke and a number of Fed policymakers appear deeply reluctant to try to jolt the economy by aggressively cutting the central bank's key short-term interest rate.
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Data: Sep 18, 2007 Accesari: 0 Voturi: 0
European court agrees that the company abused its market dominance and upholds record $689-million fine.
WASHINGTON -- Microsoft Corp. today lost its appeal of a 2004 European antitrust ruling and record $689-million fine for abusing its dominance in computer operating systems.
Data: Sep 18, 2007 Accesari: 0 Voturi: 0
WASHINGTON -- Microsoft Corp. today lost its appeal of a 2004 European antitrust ruling and record $689-million fine for abusing its dominance in computer operating systems.
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Data: Sep 18, 2007 Accesari: 0 Voturi: 0
Boeing and Northrop vie for a huge contract as crews fly jets built with 1950s technology.
Cruising at 35,000 feet above the Mojave Desert, Staff Sgt. Cy Eckhardt peered out the back of a KC-135 aerial refueling tanker and spotted the approaching F-22 fighter jet.
Data: Sep 18, 2007 Accesari: 0 Voturi: 0
Cruising at 35,000 feet above the Mojave Desert, Staff Sgt. Cy Eckhardt peered out the back of a KC-135 aerial refueling tanker and spotted the approaching F-22 fighter jet.
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Data: Sep 18, 2007 Accesari: 0 Voturi: 0
The panic engulfing mortgage lender Northern Rock PLC, Britain's fifth largest lender, may mark a watershed in the British economy by undermining the confidence of investors and consumers.
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United Airlines parent UAL Corp. said Monday afternoon that the Federal Aviation Administration named Henry "Hank" Krakowski -- United's vice president of flight operations -- to serve as the FAA's chief operating officer.
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Shares of Navigant Consulting Inc. tumbled Monday afternoon, after the Chicago consulting concern warned that staff cuts and other efficiency measures it is taking "will likely have a material impact" on financial results for the third quarter and 2007 year.
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Greenspan clarifies comments in book
Former Federal Reserve Chairman Alan
Greenspan, in his new book, bashes President Bush for not
responsibly handling the nation's spending and racking up big
budget deficits.
Data: Sep 18, 2007 Accesari: 0 Voturi: 0
Former Federal Reserve Chairman Alan
Greenspan, in his new book, bashes President Bush for not
responsibly handling the nation's spending and racking up big
budget deficits.
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Data: Sep 18, 2007 Accesari: 0 Voturi: 0
The Government made an unprecedented intervention in the Northern Rock crisis yesterday by publicly guaranteeing all the bank's deposits. The intervention, by the Chancellor, Alistair Darling, capped a dramatic day that had seen further mass queuing outside Northern Rock branches and billions wiped off banks' shares on fears of contagion.
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Contagion was the risk the Bank of England hoped to avoid by standing behind Northern Rock with emergency finance. In the event, its actions seemed only to add to the general sense of alarm. Shares in Alliance & Leicester and Bradford & Bingley plunged yesterday on speculation that they too might suffer a run on deposits similar to that already witnessed at Northern Rock.
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Fears were growing for the jobs of Northern Rock's 6,500 staff as the
stricken bank prepared for another day of mass withdrawals and its future as
a viable business hung in the balance.
Data: Sep 18, 2007 Accesari: 1 Voturi: 0
stricken bank prepared for another day of mass withdrawals and its future as
a viable business hung in the balance.
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Data: Sep 18, 2007 Accesari: 1 Voturi: 0
Northern Rock's future as a viable business hangs in the balance after the Bank of England refused to provide guarantees to potential bidders.
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On a second day of the market being smashed by the Northern Rock runaway train, traders spent much of the day guessing who would be next.
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Companies expected to see active trade Wednesday are Morgan Stanley, General Mills and Darden Restaurants.
Data: Sep 19, 2007 Accesari: 0 Voturi: 0
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A jubilant Wall Street barreled higher Tuesday after the Federal Reserve cut its benchmark rate by a larger-than-expected half point. The Dow Jones industrial average surged more than 330 points after the Fed's decision -- its biggest jump in five years.
Data: Sep 19, 2007 Accesari: 0 Voturi: 0
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Former Federal Reserve Chairman Alan Greenspan on interest rate cuts, Bush economic policy, legacy
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The Federal Reserve on Tuesday slashed benchmark interest rates by a half-percentage point in a bold bid to buffer the economy from a housing slump and related financial market turbulence.
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As expected, O2 selected as carrier; Carphone Warehouse to be retailer; deals expected soon with T-Mobile in Germany, Orange in France.
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The Canadian dollar hit new three-decade highs above 99 cents US Tuesday after the U.S. central bank dished out a larger than expected interest rate cut.
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The U.S. Federal Reserve slashed its key overnight lending rate by half a percentage point Tuesday in a dramatic move designed to prevent the U.S. from slipping into recession.
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A government review says Albertans are not receiving their fair share from the province's lucrative oilsands, and recommends the province charge the oil and gas industry 20 per cent more in royalties, or about $2 billion, per year.
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U.S. foreclosure filings jumped 36 per cent in August from July. The 243,947 filings last month were up 115 per cent from August 2006, California-based RealtyTrac Inc. said Tuesday.
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Crossing the border in search of a better car sticker price may not save you much money, according to an industry report that suggests the Canada-U.S. price gap has shrunk notably.
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The Dow gained 2.5 percent after the Fed’s forceful move, which was intended to limit the damage from the disorder in the housing and credit markets.
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Lavishness is being replaced by caution at hedge funds due to the recent turmoil in the markets and calls from Capitol Hill to increase taxes on the industry.
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The retailer unveiled a plan intended to expand coverage and offer workers cheap prescription drugs.
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In a move certain to highlight the growing importance of China to both the National Basketball Association and the sport, the N.B.A. plans to announce Wednesday the formation of a Chinese subsidiary.
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The United Automobile Workers union and General Motors remained in opposition Tuesday night, even as the union acknowledged the need for talks to move more quickly toward a settlement.
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