Archive for March 29th, 2008
Saturday, March 29th, 2008
The European Commission has opened a detailed investigation into the proposed acquisition by Nokia of Navteq, a U.S. company, said the commission on Friday.
Nokia produces mobile phone handsets and Navteq is a major producer of navi ...
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Saturday, March 29th, 2008
The London stock market remained in negative territory during lunchtime trade with housebuilding shares falling after a gloomy housing survey from Nationwide.
By 1203 GMT, the FTSE 100 index was down 14.4 points at 5703.1.
H ...
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Saturday, March 29th, 2008
The dollar rose against the euro and other major currencies on Friday as improving money market conditions helped offset weak U.S. economy data.
The Reuters/University of Michigan Surveys of Consumers said its final index of confide ...
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Saturday, March 29th, 2008
The Federal Reserve will auction another 100 billion dollars in April, continuing its efforts to deal with the effects of a credit crisis, the U.S. central bank announced Friday.
Two auctions will be held, on April 7 and 21 respecti ...
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Saturday, March 29th, 2008
Wall Street finished lower Friday as U.S. personal spending recorded its weakest growth in 17months.
The Commerce Department said Friday that consumer spending edged up by just 0.1 percent last month, the poorest showing since Septe ...
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Saturday, March 29th, 2008
Crude futures retreated Friday on the stronger U.S. dollars and latest development on Iraqi pipeline.
The dollar strengthened against the euro Friday, making oil and other commodities less appealing as a hedge against inflation.
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Saturday, March 29th, 2008
The International Monetary Fund (IMF) Friday recommended an overhaul of the institution's governance structure to realign quota and voting shares of member countries with their relative weight and role in the global economy.
The ref ...
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Saturday, March 29th, 2008
Wall Street moved moderately higher Friday amid better-than-expected inflation situation.
The U.S. Commerce Department's report showed consumer spending rose by 0.1 percent last month, meeting Wall Street's expectations. Meanwhile, ...
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