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Uncategorized - November 9, 2007 15:00
Tokyo stock market’s main index falls (AP)
AP – Japanese stocks fell 1.2 percent Friday for the sixth straight session, driven down by a news report that Mizuho Financial Group Inc. expected to postpone the planned merger of two brokerages. Read More…
More jobs go at aluminium plant
More jobs go at aluminium plant More staff will lose their jobs when the final order is finished Another 14 people are losing their jobs as the final order at a Conwy Valley aluminium plant is completed. This year Dolgarrog Aluminium has already seen its staff of 170 fall to less than Source: c.moreover.com
Oil consolidates while gold slips
Oil consolidates while gold slips Oil prices consolidated, keeping a potential assault on the key $100 target in range while gold slipped to $830. Source: www.ft.com
Sprint and Clearwire scrap WiMax pact: report
Sprint and Clearwire scrap WiMax pact: report NEW YORK (Reuters) – Sprint Nextel Corp and Clearwire Corp are scrapping their agreement to jointly build a nationwide high-speed wireless network based on the emerging WiMax technology, the Wall Street Journal reported on its Website. Source: feeds.reuters.com
Stock futures fall (Reuters)
Stock futures fall (Reuters) Reuters – Stock index futures fell before the start of Wall Street trading on Friday with the financial sector in focus amid continuing uncertainty about the fall-out of the credit crisis. Source: news.yahoo.com
China not to dominate steel supply
The Chinese government has reacted strongly to European anti-dumping applications against Chinese steel products, stating China’s iron and steel industry would expand to satisfy domestic demand rather than to dominate the global market. Related readings: Read More…
Bernanke sets gloomy mood for Asia
Stock markets in the region were mixed and the US dollar slumped to a new low versus the euro after comments from the US central bank chief boosted interest rate cut speculation Read More…
Merck seen set for $4.85 billion Vioxx settlement:
Merck seen set for $4.85 billion Vioxx settlement: NEW YORK (Reuters) – Merck & Co is expected to announce that it has agreed to pay $4.85 billion to settle a significant portion of claims over injuries allegedly linked to its Vioxx painkiller, the Wall Street Journal said on Friday, citing a person familiar with the […]
China not to dominate steel supply
The Chinese government has reacted strongly to European anti-dumping applications against Chinese steel products, stating China’s iron and steel industry would expand to satisfy domestic demand rather than to dominate the global market. Related readings: Read More… Crude oil futures closed a volatile session lower Thursday after Federal Reserve Chairman Ben Bernanke issued a warning […]
Bernanke sets gloomy mood for Asia
Stock markets in the region were mixed and the US dollar slumped to a new low versus the euro after comments from the US central bank chief boosted interest rate cut speculation Read More…
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