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Top Stories: United States energy company Exxon Mobil has agreed to supply Tokyo Electric Power Co with gas from its Liquefied Natural Gas project in Papua New Guinea. Big News Network.com Mon, 07 Dec 2009 05:07:45 -0500Many workers in the UK believe they will be forced into making larger contributions to their final-salary pension schemes. Big News Network.com Mon, 07 Dec 2009 05:02:05 -0500China's Association of Automobile Manufacturers have forecast that eventual sales and production of vehicles for the whole year will exceeded a record 12 million units each. Big News Network.com Mon, 07 Dec 2009 04:53:05 -0500The BBC has reported that occupational therapists are complaining about the large variation in the amount of time that doctors will allow patients to say away from work. Big News Network.com Mon, 07 Dec 2009 04:46:15 -0500UK singer Susan Boyle is still at the top spot in the album charts with her debut release "I Dreamed a Dream."... Big News Network.com Mon, 07 Dec 2009 04:39:45 -0500Mining companies Rio Tinto and BHP Billiton have signed binding agreements to combine West Australian iron ore assets. Big News Network.com Mon, 07 Dec 2009 04:32:40 -0500Overall production at the Rosneft Angarsk petrochemical unit in Russia appears to be normal, after a blast in which one person died. Big News Network.com Sun, 06 Dec 2009 20:55:05 -0500Somalian pirates have been able to buy expensive properties in their own country due to ransoms being paid. Big News Network.com Sun, 06 Dec 2009 20:48:47 -0500Kuwait's sovereign investment fund has sold its stake in US banking giant Citigroup. Big News Network.com Sun, 06 Dec 2009 20:37:43 -0500The annual contest for the Green Car of the Year in the US has gone to a 5-passenger hatchback. Big News Network.com Sun, 06 Dec 2009 06:31:29 -0500Foreign workers have been leaving Dubai in droves, leaving cranes and construction sites behind. Big News Network.com Sun, 06 Dec 2009 06:26:45 -0500China's state-owned Yanzhou Coal has been given permission to take over Australian miner Felix Resources Ltd. Big News Network.com Sun, 06 Dec 2009 06:19:40 -0500The BBC has reported that UK shadow chancellor George Osborne has said he would consider a windfall tax on bank profits if the Tories win the next election. Big News Network.com Sun, 06 Dec 2009 06:13:47 -0500London, December 7 : Robert Pattinson may end up with a multi-million pound share of earnings from the latest project in the hit Twilight series. ANI Mon, 07 Dec 2009 06:10:13 -0500DUBAI, United Arab Emirates - Dubai World, the indebted conglomerate at the heart of this sheikdom's credit problems, may sell off assets it acquired during a multiyear building and buying spree to r... Star Tribune Mon, 07 Dec 2009 05:33:59 -0500WASHINGTON -- Sweeping regulations to tame Wall Street and protect consumers in dealings with lenders are on the verge of passing the House but their fate is hardly sealed.Crucial pieces are still fl... Miami Herald Mon, 07 Dec 2009 05:29:07 -0500FRANKFURT (MarketWatch) -- Gold futures fell more than 2% on Monday, extending their sharp losses, as the U.S. dollar rose against its major rivals, reducing the appeal of bullion as a hedge against t... MarketWatch Mon, 07 Dec 2009 05:28:46 -0500Electricity distribution costs account for around 16% of household bills. Photograph: Graham Turner Electricity bills will rise by an extra £4.30 a year on average to pay for upgrades to regional d... Guardian Mon, 07 Dec 2009 05:25:30 -0500After Friday's US jobs-fuelled rise, miners and banks are leading the London market lower today.Banks have come under pressure on investors concerns about a... Guardian Mon, 07 Dec 2009 05:25:28 -0500Kuwait - Kuwait's sovereign wealth fund has sold its stake in the US-based financial group Citigroup, making a profit of 1.1 billion dollars, media in the Gulf country reported Monday. The Kuwait Inve... Earth Times Mon, 07 Dec 2009 05:23:29 -0500Tesco has thrown down the gauntlet to upmarket rivals after the supermarket giant slashed prices on its luxury Finest range in a bid to tap into a trend for shoppers to trade up over Christmas.The gro... Breaking News.ie Mon, 07 Dec 2009 05:21:37 -0500A US consumer group contended that Go Go Hamsters, which scurry and squeal when poked, have higher-than-allowed levels of the compound Antimony. The group tested three Mr Squiggles models from the ra... Sky News Mon, 07 Dec 2009 05:10:57 -0500TEL AVIV -- AsiaInfo Holdings Inc., the Beijing provider of software and solutions for telecom and other enterprises in China, definitively agreed to acquire Linkage Technologies International Holdin... Fox Business Mon, 07 Dec 2009 05:03:55 -0500LONDON -- CSR , the Bluetooth chip maker, was cut to hold from buy at Royal Bank of Scotland, which said there's a risk that Bluetooth technology could be integrated by 2011 or 2012 into the core cel... Fox Business Mon, 07 Dec 2009 05:03:50 -0500FRANKFURT -- Statoil ASA , a Norway-based oil and gas company, was downgraded on Monday to sell from hold at Deutsche Bank, which cited the uncertain outlook for European gas markets. "Not only do we... Fox Business Mon, 07 Dec 2009 05:03:48 -0500(Reuters) - Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.... Reuters Mon, 07 Dec 2009 05:03:08 -0500If you want to be a green investor, you can do what everyone else does and invest in firms that make windmills, solar panels or next-generation batteries. Good luck with that. At least a couple of th... Financial Post Mon, 07 Dec 2009 05:03:07 -0500It might be enlightening to see how Bank of Canada governor Mark Carney explains the third-quarter expansion of just 0.4% in gross domestic product, annualized, when he was originally calling for 2%. Financial Post Mon, 07 Dec 2009 05:03:06 -0500Strip bonds are a core investment many Canadians hold in their RRSPs. They are held in ladders to stagger maturities over multiple years. Investor Economics Inc. estimates there is $128-billion in fix... Financial Post Mon, 07 Dec 2009 05:03:04 -0500The Jehovah's Witnesses, 30,000 of them from dozens of countries, have left Waikiki after their convention, which helped pump much-needed money into the Hawaii economy. The JWs, as they became known l... Financial Post Mon, 07 Dec 2009 05:03:02 -0500In the last week alone, it has been at the heart of a major funding dispute with China and political chaos in Australia. But despite its growing importance, the world of carbon trading remains opaque,... Financial Post Mon, 07 Dec 2009 05:03:00 -0500Jean Borlée is standing in a prairie field dotted with pumpjacks, round bales of hay, cattle and cow pies because his company, Luxembourg's steel giant ArcelorMittal, needs help. He has made the lon... Financial Post Mon, 07 Dec 2009 05:02:58 -0500The biggest waste of money on the planet has to be a new car -- the moment you drive it off the lot, it starts depreciating. All I need is a clunker as long as my air-conditioning works for humid... Financial Post Mon, 07 Dec 2009 05:02:55 -0500The stunningly strong November jobs data from Canada and the United States has kicked off a fresh round of speculation as to when the two countries’ central banks will begin hiking their key interes... Financial Post Mon, 07 Dec 2009 05:02:48 -0500NEW YORK -- Gold's record rally deflated on Friday, as prices tumbled as much as 5% after a dollar rally triggered by better than expected U.S. data sent investors racing to cut positions. Gold poste... Financial Post Mon, 07 Dec 2009 05:02:47 -0500Canadian stocks fell on Friday, as gold tumbled after a stellar jobs report south of the border lifted the U.S. dollar. The S&P/TSX composite index fell for the second straight day, shedding 125.... Financial Post Mon, 07 Dec 2009 05:02:45 -0500OTTAWA - An overwhelming majority of people in Ontario and British Columbia oppose the HST, with most believing the biggest winners from the new tax will be the provincial and federal governments, acc... Financial Post Mon, 07 Dec 2009 05:02:43 -0500General Motors of Canada Ltd. said Friday it will take complete ownership of CAMI Automotive Inc., buying out Suzuki Motor Corporation's 50% stake in the plant. The move eliminates Suzuki from the Ca... Financial Post Mon, 07 Dec 2009 05:02:41 -0500Federal investigators suspected a decade ago that Galleon Group hedge fund founder Raj Rajaratnam was trading on inside information but were unable to prove he was breaking the law. Financial Post Mon, 07 Dec 2009 05:02:37 -0500Royal Bank of Canada, Canada's largest bank by assets, said fourth-quarter profit rose 10%, driven by earnings from Canadian consumer lending and money management. Financial Post Mon, 07 Dec 2009 05:02:36 -0500DETROIT -- General Motors Co Chairman and chief executive Ed Whitacre announced a broad shake-up of the automaker's senior leadership on Friday, tightening his grip on the company three days after rep... Financial Post Mon, 07 Dec 2009 05:02:32 -0500TORONTO -- Barrick Gold said on Friday that a U.S. Appeals Court judge has ruled that Barrick's Cortez Hills gold project in northeast Nevada requires additional environmental analysis to be conducted... Financial Post Mon, 07 Dec 2009 05:02:31 -0500LONDON -- British finance minister Alistair Darling will next week stake his government's future on tax rises for the rich to pay for continued support for the recession-hit economy and to bring down ... Financial Post Mon, 07 Dec 2009 05:02:29 -0500AOL Seeks New Identity as Publishing Hub (AP) AOL is shaking loose from Time Warner Inc. and heading into the next decade the way it began this one, as an independent company. Unlike the 1990s, though... CBS News Mon, 07 Dec 2009 05:01:02 -0500Nnewi — GOVERNOR Peter Obi has said establishment of Microsoft Academy in the State Secondary Schools would increase job opportunities for students after school. Obi was speaking at the tenth an... All Africa Mon, 07 Dec 2009 04:58:48 -0500By Atul Prakash LONDON, Dec 7 (Reuters) - European shares retreated from a two-week closing high the previous session, with UK lenders pressured by the possibility of a tax on bankers' bonuses. At 090... London South East Mon, 07 Dec 2009 04:50:21 -0500TOKYO, Dec. 7 (AP) - (Kyodo)?---------- Chinese government pledges looser 'hukou' system BEIJING - The Chinese government, in an annual meeting Monday to discuss economic policies for the next fi... Breitbart Mon, 07 Dec 2009 04:41:52 -0500Some European business leaders are afraid commitments by the EU will put them at a serious disadvantage when it comes to decisions on how the burden of cutting emissions will be shared, during talks a... BBC Mon, 07 Dec 2009 04:36:34 -0500TOKYO - Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed to spur buying in a region that has rallied ma... Star Tribune Mon, 07 Dec 2009 04:13:12 -0500SINGAPORE - Oil prices hovered below $76 a barrel Monday in Asia after several OPEC ministers said they don't expect their group to change production levels at a meeting later this month. Benchmark ... Star Tribune Mon, 07 Dec 2009 04:13:11 -0500FRANKFURT -- Baloise Holding AG , a Swiss-based insurance company, was upgraded Monday to overweight from neutral at J.P. Morgan, which said that the stock is undervalued. "We believe the 'no catalys... Fox Business Mon, 07 Dec 2009 03:42:19 -0500FRANKFURT -- Yara International ASA , an Oslo-based producer of fertilizers and other chemicals, was downgraded Monday to neutral from buy at UBS, which cited the stock's outperformance in the last m... Fox Business Mon, 07 Dec 2009 03:42:17 -0500LONDON -- European shares edged lower in early trading on Monday, paring sharp gains made Friday in the wake of much stronger-than-expected U.S. jobs data. Miners weighed as metal futures continued t... Fox Business Mon, 07 Dec 2009 03:42:16 -0500FRANKFURT -- German electronics and engineering group Siemens AG was downgraded on Monday to equal-weight from overweight at Morgan Stanley, which said that the stock no longer looks cheap. "While we... Fox Business Mon, 07 Dec 2009 03:42:15 -0500LONDON -- Swiss banks UBS said Monday that it has nominated Wolfgang Mayrhuber for election to its board of directors at its April 14 annual meeting. Mayrhuber, is CEO of Deutsche Lufthansa and is al... Fox Business Mon, 07 Dec 2009 03:42:13 -0500LONDON -- Carillion said Monday that it has sold a portion of its equity investments in two public-private partnership projects to Innisfree for 86.9 million pounds ($143.3 million) in cash. The grou... Fox Business Mon, 07 Dec 2009 03:42:11 -0500LONDON -- Waste management company Shanks Group said Monday that it has received a "highly preliminary and unsolicited approach" from a private equity company over a potential offer worth 135 pence (... Fox Business Mon, 07 Dec 2009 03:42:10 -0500LONDON -- U.K. electricity regulator Ofgem said Monday that customers of U.K. distribution network operators will face an average increase in electricity bills of 4.30 pounds a year for five years. O... Fox Business Mon, 07 Dec 2009 03:42:09 -0500TEL AVIV -- Elan Corp., the Dublin drugmaker, said on Monday that Janssen-Cilag submitted a marketing-authorization application to the European Medicines Agency for paliperidone palmitate, a once-mon... Fox Business Mon, 07 Dec 2009 03:42:07 -0500LONDON -- Aer Lingus Group said Monday that passengers carried totaled 776,000 in November, a 4.7% rise from the same period a year ago. Short haul passengers carried increased 9.1% to 704,000, while... Fox Business Mon, 07 Dec 2009 03:42:06 -0500If you want to be a green investor, you can do what everyone else does and invest in firms that make windmills, solar panels or next-generation batteries. Good luck with that. At least a couple of th... Financial Post Mon, 07 Dec 2009 03:41:26 -0500It might be enlightening to see how Bank of Canada governor Mark Carney explains the third-quarter expansion of just 0.4% in gross domestic product, annualized, when he was originally calling for 2%. Financial Post Mon, 07 Dec 2009 03:41:24 -0500"Under U.S. securities law, Cadbury is prohibited from publishing any further information, or making any further statement, until it has issued its formal response," the company said in a statement. Reuters Mon, 07 Dec 2009 03:41:22 -0500Strip bonds are a core investment many Canadians hold in their RRSPs. They are held in ladders to stagger maturities over multiple years. Investor Economics Inc. estimates there is $128-billion in fix... Financial Post Mon, 07 Dec 2009 03:41:22 -0500The Jehovah's Witnesses, 30,000 of them from dozens of countries, have left Waikiki after their convention, which helped pump much-needed money into the Hawaii economy. The JWs, as they became known l... Financial Post Mon, 07 Dec 2009 03:41:20 -0500In the last week alone, it has been at the heart of a major funding dispute with China and political chaos in Australia. But despite its growing importance, the world of carbon trading remains opaque,... Financial Post Mon, 07 Dec 2009 03:41:18 -0500Jean Borlée is standing in a prairie field dotted with pumpjacks, round bales of hay, cattle and cow pies because his company, Luxembourg's steel giant ArcelorMittal, needs help. He has made the lon... Financial Post Mon, 07 Dec 2009 03:41:16 -0500The biggest waste of money on the planet has to be a new car -- the moment you drive it off the lot, it starts depreciating. All I need is a clunker as long as my air-conditioning works for humid... Financial Post Mon, 07 Dec 2009 03:41:14 -0500The stunningly strong November jobs data from Canada and the United States has kicked off a fresh round of speculation as to when the two countries’ central banks will begin hiking their key interes... Financial Post Mon, 07 Dec 2009 03:41:09 -0500NEW YORK -- Gold's record rally deflated on Friday, as prices tumbled as much as 5% after a dollar rally triggered by better than expected U.S. data sent investors racing to cut positions. Gold poste... Financial Post Mon, 07 Dec 2009 03:41:06 -0500Canadian stocks fell on Friday, as gold tumbled after a stellar jobs report south of the border lifted the U.S. dollar. The S&P/TSX composite index fell for the second straight day, shedding 125.... Financial Post Mon, 07 Dec 2009 03:41:04 -0500OTTAWA - An overwhelming majority of people in Ontario and British Columbia oppose the HST, with most believing the biggest winners from the new tax will be the provincial and federal governments, acc... Financial Post Mon, 07 Dec 2009 03:41:02 -0500General Motors of Canada Ltd. said Friday it will take complete ownership of CAMI Automotive Inc., buying out Suzuki Motor Corporation's 50% stake in the plant. The move eliminates Suzuki from the Ca... Financial Post Mon, 07 Dec 2009 03:40:59 -0500DETROIT -- General Motors Co Chairman and chief executive Ed Whitacre announced a broad shake-up of the automaker's senior leadership on Friday, tightening his grip on the company three days after rep... Financial Post Mon, 07 Dec 2009 03:40:49 -0500LONDON -- British finance minister Alistair Darling will next week stake his government's future on tax rises for the rich to pay for continued support for the recession-hit economy and to bring down ... Financial Post Mon, 07 Dec 2009 03:40:45 -0500Wheat meal from the stable of Honeywell Flour Mills Plc has formally been launched. Honeywell Wheat Meal is its latest food offering into the consumer food market in Nigeria. The company promised tha... All Africa Mon, 07 Dec 2009 03:37:11 -0500LOS ANGELES — So what’s it like driving the Chevrolet Volt? Nice, actually. There are still some bugs to work out before production begins late next year, but at this point the Volt promises to b... Wired News Mon, 07 Dec 2009 03:35:32 -0500ALLENTOWN, Pa. — President Obama came to this aging factory town in Pennsylvania’s Rust Belt on Friday to promote his efforts to revitalize the American economy, and wound up with an ear... Gadsden Times Mon, 07 Dec 2009 03:24:46 -0500(Adds more than half of planned PNG LNG output contracted, part of both a move to cleaner fuels and a rush by regional utilities to lock in long-term supplies, total Tepco imports.)... Morning Star Mon, 07 Dec 2009 03:14:35 -0500Shares in Japan Airlines surged 7% after reports suggested the Japanese government is to guarantee billions of yen in loans to the troubled carrier.The reports on Sunday said the government was ready ... BBC Mon, 07 Dec 2009 03:13:49 -0500(RTTNews) - After Friday's sharp gains, European stocks may open on a subdued note Monday morning, with banks in the spotlight on news related to the levy of a 'super-tax' on British-based investment... Quote.com Mon, 07 Dec 2009 03:12:53 -0500Bank of England plans to urge major banks to increase the availability of £5 notes in their ATMs. It will also ask retailers to give out more fivers in change to meet consumer demand for the note. ... Sky News Mon, 07 Dec 2009 02:29:14 -0500THE retail sector will be in the spotlight this week when leading high street names report on recent trading and prospects for Christmas. Supermarket giant Tesco, which issues a third- quarter tradi... IC Wales Mon, 07 Dec 2009 02:26:31 -0500TEL AVIV -- Heineken , the Amsterdam brewer, and United Breweries Ltd., producer of Kingfisher beer, created a partnership to brew and distribute the Heineken brand in India. UBL is currently held 37... Fox Business Mon, 07 Dec 2009 02:22:19 -0500HONG KONG -- China will maintain a "proactive" fiscal policy in 2010, and will keep monetary policy loose, a Chinese economic policy-making group was reported as saying Monday. The closing statement ... Fox Business Mon, 07 Dec 2009 02:22:17 -0500WASHINGTON - The Obama administration plans to cut its estimate of the projected costs of the government bailout program by more than $200 billion, a Treasury official said Sunday. The official said... Star Tribune Mon, 07 Dec 2009 01:29:23 -0500Microsoft Corp. hasn’t inked a lease deal yet, but is deeply engaged in plans to open a special showcase sales office in Bloomington. The Redmond, Wash.-based software company is working with c... Business Journal Mon, 07 Dec 2009 01:15:33 -0500Last year’s market shake-up was a rare opportunity for non-Wall Street financial advisers, who welcomed a flow of money from wealthy clients. As 2009 draws to a close, investment accounts conti... Business Journal Mon, 07 Dec 2009 01:14:27 -0500Microsoft advertising has people claiming that "Windows 7 was my idea." I'd like to make "my idea" more real for Betanews readers, by offering a soapbox to give Microsoft a piece of your mind (be poli... Beta News Mon, 07 Dec 2009 01:12:28 -0500Worries about the direction of all asset classes may make an absolute return strategy a smart 2010 portfolio bet. Here's the long and the short of it... Business Week Mon, 07 Dec 2009 00:32:54 -0500TOKYO, Dec. 7 (AP) - (Kyodo)?---------- Japan eyes water business chances in Arab world TOKYO - Japan proposed Monday holding a policy dialogue with Arab nations on water development and supply i... Breitbart Mon, 07 Dec 2009 00:32:40 -0500Let's just say we could convene Minnesota's estimated 465,000 tax-paying businesses, representing nearly 2.7 million workers, and ask them about their economic future. I believe two words would urgen... Star Tribune Mon, 07 Dec 2009 00:05:15 -0500Strong online sales reported over the Black Friday-to-Cyber Monday weekend may prompt some companies to consider taking the e-commerce plunge. But although selling online direct to consumers could pr... Star Tribune Mon, 07 Dec 2009 00:05:13 -0500European stocks gained after two weeks of losses following government reports that showed manufacturing in China and Europe expanded and employers in the U.S. cut the fewest jobs in November since the... The China Post Sun, 06 Dec 2009 23:54:13 -0500ALLENTOWN, Pa. — President Obama came to this aging factory town in Pennsylvania’s Rust Belt on Friday to promote his efforts to revitalize the American economy, and wound up with an ear... Gadsden Times Sun, 06 Dec 2009 23:15:07 -0500Absa Group's full-year headline earnings a share were expected to fall by between 25 percent and 35 percent, negatively impacted by adverse market conditions in the investment banking cluster, it said... Business Report Sun, 06 Dec 2009 23:10:46 -0500TOKYO, Dec. 7 (AP) - (Kyodo)?---------- Michelin mulls ending production in Japan next year TOKYO - French tire manufacturer Michelin is considering ending tire production in Japan as early as ne... Breitbart Sun, 06 Dec 2009 23:10:03 -0500Steelmaker Corus has confirmed it will curtail production at its Teesside Cast Products factory, putting 1,700 people out of work.It had been announced in May that the 150-year-old Redcar plant was to... BBC Sun, 06 Dec 2009 23:04:28 -0500 |
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