Archive for April 11th, 2008
Friday, April 11th, 2008
Tokyo stocks opened higher Friday.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average climbed 135.61 points, or 1.05 percent, from Thursday to 13,080.91.
The broader Topix index of all First Section issue ...
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Friday, April 11th, 2008
The U.S. dollar traded in the mid-101 yen level early Friday in Tokyo.
At 9 a.m., the dollar traded at 101.58-63 yen, compared with 101.89-99 yen in New York and 101.03-05 yen in Tokyo at 5 p.m. Thursday.
The euro was quoted ...
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Friday, April 11th, 2008
Airlines lined up yesterday for compensation after Boeing Co announced a further six-month delay for its new 787 Dreamliner plane.
Air New Zealand, Air India and Japan's two big carriers were among those eyeing redress along with Virgin. ...
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Friday, April 11th, 2008
The Federal Reserve's new twice-monthly loan auctions have failed to reduce banks' borrowing costs since officials introduced them in December, Stanford University economist John Taylor said.
There is "no empirical evidence" the Term Auc ...
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Friday, April 11th, 2008
General Electric Co Chief Executive Officer Jeffrey Immelt's strategy to sell power plant equipment overseas and shift more resources to commercial finance is helping the company weather a slowdown in the US economy and likely led to higher ...
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Friday, April 11th, 2008
Yahoo! Inc is close to an agreement to combine operations with Time Warner Inc's AOL unit in a bid to fend off Microsoft Corp's $44.6 billion takeover offer, a source said.
Yahoo would gain control of AOL, receive an investment from Time ...
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Friday, April 11th, 2008
The Bank of England cut the benchmark interest rate for the third time since December as the worst housing slump in 16 years threatened to push the economy into a recession.
The Monetary Policy Committee, led by Governor Mervyn King, low ...
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Friday, April 11th, 2008
The European Union (EU)'s highest court ruled Thursday that two-stripe imitations could infringe Adidas' famous trademark of three stripes, but it was up to national courts to decide.
"The national court must determine whether the a ...
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