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Archive for 'online'

UK top credit rating at risk over debt: Fitch

November 11, 2009

Britain is most at risk among the big economies to lose its top-notch credit rating, while Japan faces a review of its rating if […]

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Oil companies give cool outlook as profits tumble

October 30, 2009

Exxon Mobil Corp, Royal Dutch Shell Plc and Eni SpA dashed hopes for an imminent turnaround for the oil industry, saying sluggish economic recovery […]

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Ex-client of UBS gets house arrest for tax fraud

October 29, 2009

A former client of UBS AG who cooperated in a U.S. probe of the Swiss bank’s ties with wealthy Americans hiding money overseas was […]

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U.S. September auto sales plunge; GM, Chrysler hit hard

October 2, 2009

U.S. auto sales tumbled by 23 percent in September as showrooms emptied after the government-funded boom from the “cash for clunkers” program, with General […]

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Fed officials see slow recovery for labor market

September 10, 2009

U.S. labor markets could take years to recover from the setbacks of the current recession, which have pushed the unemployment rate to a 26-year […]

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Arch offering stock, debt to fund mine purchase

July 29, 2009

Arch Coal Inc. began offering 17 million shares of common stock and $500 million in senior unsecured notes due in 2016 to finance the […]

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RHJ and Magna face off in bid for Opel

July 17, 2009

Belgium-based investor RHJ International is offering 275 million euros ($388 million) for a majority stake in General Motors’ Opel business in a last-ditch bid […]

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U.S. mulls temporary loan for CIT: source

July 15, 2009

U.S. officials are considering giving CIT Group Inc a temporary loan as part of an aid package to help the lender avoid collapse, a […]

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Former U.S. Congressman sues Carlyle: report

July 14, 2009

Former Republican Congressman Michael Huffington has filed a lawsuit against Carlyle Group alleging the private-equity firm misrepresented the safety of Carlyle Capital Corp, the […]

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Brazil’s Central Bank May Cut Rate in July Then Pause

June 19, 2009

Brazil’s central bank said room for further interest rate cuts has diminished, cementing expectations policy makers will pause after reducing borrowing costs for a […]

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