Stocks rally on lower oil
May 27. - Falling oil prices led to a rally in airline stocks and technology shares. In economic...
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ECB raises euro zone lending rate
Jul 3 - The European Central Bank raises interest rates for the first time in over a year by 25...
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UK housebuilders shed staff
Jul 9 - As the British housing market continues to sink, two of the biggest house builders cut 40...
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China economy slowdown
July 17 - China's economy slowed in the second quarter to 10.1 percent, a rate officials say...
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HBOS cash call flops
Jul 21 - Underwriters Morgan Stanley and Dresdner Kleinwort are left with a $7.57 billion...
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Unemployment Hits 5.7 Percent; Teens Hit Hardest
The nation's unemployment rate climbed to a four-year high of 5.7
percent in July as employers cut...
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Wall St. cheers Fed signal
U.S. stocks surged nearly 3 percent across the board in the biggest one-day rally in four months...
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Fed leaves rates unchanged
Interest rates are left unchanged, as the Fed expresses concerns about the US economy and...
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UK inflation woes
UK consumers face rising inflation that analysts warn is increasingly likely to put upward...
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Europe's "motor" slows down
The German economy contracts in the second quarter of 2008, but by a less-than-expected 0.5...
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Consumers hit with high prices
The Consumer Price Index rose at twice the rate economists predicted.
Meanwhile, Wal-Mart...
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Life without a toilet
With billions around the world living without a toilet, sanitation experts are pushing to get this...
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Crude oil rallies above $121
Crude oil sees its biggest percentage gain in more than two months.
The question of whether...
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China's economy post-Olympics
Experts say the end of the games will have little effect on the nation's roaring...
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Gustav fears lift oil prices
Energy prices are on the rise as the U.S. braces for Tropical Storm Gustav.
Gustav could be...
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US economy shows muscle
The U.S. economy advanced in the second quarter much faster than government record keepers...
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Signs of U.S. economic strength
The U.S. economy grew at a stronger pace than originally thought, thanks in part to strong...
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Oil up, Asian stocks down
Asian shares eased as oil rose above 116 dollars a barrel Monday, as a quarter of U.S. crude...
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Oil slips; Coke buys in China
Oil prices held below 110 dollars on Wednesday as the dollar neared a 10-1/2 month high, raising...
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Recession on the runway
New York Fashion Week opens with designers interpreting the troubled economy in different...
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Asia shares jump
Asian shares jump after Washington took over Fannie Mae and Freddie Mac to save the U.S. housing...
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Russian hunger for supermarkets
Russian consumers seem to have an unsatisfied appetite for large format supermarkets and...
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'Oil war' rages in Niger Delta
Militants in Nigeria's oil-rich Niger Delta have attacked two oil installations days after...
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Fed keeps rates at 2 percent
The Federal Reserve held rates steady, despite calls for a rate cut to shore-up confidence in the...
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AIG bailout lifts stocks
Insurer American International Group's fight for survival found a $85 billion lifeline from the...
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Bank worries spread; stocks plunge
The government's bailout of American International Group was not enough to stop speculation on...
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Wall St. sizzles as gov't plan eyed
U.S. stocks surged 3 to 4 percent in the best one-day rally in six years amid signs of a...
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Oil surges $16 in record move
Crude oil prices saw their biggest one-day move on record as White House efforts to tame the...
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Skeptics question bailout plan
U.S. stocks fell nearly 4 percent on Monday on jitters about the historic $700 billion bank...
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Forecast: No Holiday Cheer for Retailers
The National Retail Federation today released its forecast for the
upcoming 2008 holiday season,...
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Stocks rally as lawmakers near deal
Stocks strengthened throughout the first half of the trading day as lawmakers look likely to...
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Stocks rally as bailout advances
Wall Street took its cue from Washington and as lawmakers suggested the $700 billion bank bailout...
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European shares fall on U.S. news
European shares fall in early trade, led by financials, after U.S. talks over the $700 billion...
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Campaign focus reverts to economy
John McCain and Barack Obama are back out on the campaign trail this week with the focus...
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Dow sees historic 777 pt plunge
The Dow Jones Industrial average saw its biggest one-day fall ever as investors feared a failed...
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Cash Demands Overwhelm Zimbabwe Banks
People line up in Zimbabwe by the thousands to hopefully withdraw
cash from banks, after the...
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Home Prices Tumble Again, but Decline Slowing
Home prices were down by 17 percent nationwide in July from last
year, the sharpest annual decline...
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Dow down 35% from record
This is one anniversary investors are soon to forget.
Just one year after Wall Street set the...
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European shares in freefall
European stocks plunged by around ten percent on Friday afternoon, after Wall Street started...
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Iraq Stock Exchange Enjoying a Boom
The ISX index has soared 40 percent since September, boosted by
increasing confidence in security...
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Morgan stock soars on deal
Shares of Morgan Stanley soared 87 percent after it inked a deal with Japan's Mitsubishi...
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Japan, Asian shares soar
Japanese and Asian shares soared Tuesday following a Wall Street rally, recouping some of the...
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Wealth managers shifting gears
The credit crisis and volatile stock market are taking a toll on the relationship between wealthy...
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European stocks follow Asia fall
After falls on U.S. and Asian equities markets, European shares also head downwards as fears of a...
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Dow's best week since '04
Blue chips surged 4.75 percent in its strongest weekly gain in 4-1/2 years, but floundered on...
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Oil drop could help economy
A 50 percent drop in crude oil prices from their all time highs is likely to keep the U.S. economy...
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China Q3 GDP slows to 9 percent.
China's economic growth rate slipped into single digits in the third quarter for the first time in...
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Stocks surge on stimulus hope
Wall Street began the trading week with a near five-percent jump after Federal Reserve Chairman...
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Weak profits worry Wall St.
The tech heavy Nasdaq fell 4.1 percent ahead of key results from Apple and Yahoo.
The Dow...
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Wall St. slumps 6 percent
Investor sentiment soured further on Wednesday as weak corporate results reinforced growing...
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European stocks fall on econ fears
European shares fall as the spectre of a global downturn hit industrials, banks and...
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US home prices down 16% in August
Prices of US single family homes plunged more than 16 percent in August, according to a report by...
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Repossessions rocket in UK
Despite billion-dollar bailouts, industry watchdog the Financial Services Authority says UK banks...
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Porsche bring relief to shortsellers
Shares in carmaker Volkswagen nearly halve after main shareholder Porsche takes steps to ease a...
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Japan carmakers deal with U.S. woes
Most Japanese carmakers shook off the worst overall U.S. sales month in 25 years, with only...
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Wall St. cheers election end
An end to a costly and bitter presidential election prompted widespread buying on Wall Street as...
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No post-Obama bounce for stocks
Wall Street suffered a 5 percent retrenchment as investors realized a new president does not...
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Interview-Trichet on ECB rate cut
The head of the European Central Bank talks to Reuters about Thursday's 50 basis point rate cut...
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Global car sales shrink
Auto sales hit 25-year low, Toyota say earnings will plunge to nine-year low.
The past month...
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Retailers fan economic fears
Dismal October sales figures from U.S. retailers reminded investors of the economic hardships...
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SOHO sees chance to expand.
Badly hit by financial crisis, Chinese real estate tycoon SOHO sees opportunity to take cheap...
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China spends near $600 bln
The world's fourth largest economy, China, plans to spend nearly $600 billion to boost demand in...
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G20 agrees on financial action
In Brazil, finance ministers and central bank governors representing 90 percent of the world's...
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Stocks surge 7 percent
A late-day buying spree pushed Wall Street up by 7 percent despite more dark signals from the...
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Small business credit woes sap jobs
As their credit lines are denied, reduced or even ended abruptly small businesses stop creating...
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Biggest retail sales drop on record
October saw the largest one-month fall in U.S. retail sales, government figures showed, as job...
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Wall St. down on retail slump
U.S. stocks fell 5 percent after the biggest monthly drop in retail sales cast a dark shadow over...
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Stocks plunge to 5-1/2 yr low
The Dow dropped below 9,000 for the first time since March 2003 as the threat of bankruptcy in...
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Asian Markets Follow Wall Street's Lead, Tumble
Many Asian markets fell on Thursday, following the lead set on
Wednesday by Wall Street. Japan's...
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Fright Christmas for UK retailers
Fearing a disastrous Christmas, retailers are slashing prices ahead of the festive season to lure...
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Stocks knocked back to 1997
Wall Street was punished as a spike in unemployment claims and continued uncertainty about the...
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Dow jumps nearly 500 points
Wall Street ended a tough week with optimism after reports President-elect Barack Obama had chosen...
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ArcelorMittal steel to cut 9000 jobs
The world's largest steel producers will cut around three percent of its workforce due to a...
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Christmas cheer for shoppers?
German shoppers aren't letting recession scare them away from stores in the run-up to Christmas,...
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Recession hits U.S. shores
An official declaration of an American economic recession sent Wall Street stocks on a 9 percent...
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Asian share tumble
Asian shares tumbled Tuesday following Wall Street as fears over a long lasting global recession...
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