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Archive for the February 3, 2005

    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Fiat under pressure as General Motors fails to pay

    The cost of credit protection on Fiat rose on Wednesday as investors fretted over the Italian company's failure to secure a payment from General Motors over an option to sell its loss-making car unit. Five-year

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Fiat under pressure as General Motors fails to pay

    The cost of credit protection on Fiat rose on Wednesday as investors fretted over the Italian company's failure to secure a payment from General Motors over an option to sell its loss-making car unit. Five-year

    Read More

  • Seoul shares dipped a fraction lower on Wednesday, as concerns about the impact of a strong won weighed on exporters such as Hyundai Motor, and as caution ahead of US Fed and Group of Seven

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  • Here is how major stock markets outside the United States ended on Wednesday. EUROPE SOTCK EXCHANGE: European share indexes closed at fresh 2-1/2 year highs with utilities and miners leading the way on hopes of

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Miners in spotlight as FTSE forges new high

    Britain's FTSE 100 continued its march upwards on Wednesday, setting another 2-1/2 year high, with Xstrata taking centre stage after the miner raised its bid for Australian rival WMC. Xstrata increased its offer [nSD279430] for

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  • Guatemala's sugar exports are expected to rise 13.3 percent in the 2004-05 cane harvest, in response to predicted record production, growers' group Asazgua said on Wednesday. Exports are seen at 1.7 million tonnes, up from

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  • Canadian spot natural gas prices crept up Wednesday on stronger futures and a reversal of seasonal market tactics to play low winter demand off anticipated high summer consumption, industry sources said. Spot gas at the

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  • Minneapolis Grain Exchange spring wheat futures ended down on Wednesday on higher-than-expected wheat stocks data from Canada and declines in other grain markets, traders said. March closed 2-3/4 cents lower at $3.38 per bushel. Deferred

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Oil edges above $47 as US heating fuel stocks drop

    Oil prices picked up above $47 a barrel on Wednesday after US data showing heating fuel and crude inventories fell, although they remained well off recent peaks as gasoline stocks built ahead of peak summer

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Oil edges above $47 as US heating fuel stocks drop

    Oil prices picked up above $47 a barrel on Wednesday after US data showing heating fuel and crude inventories fell, although they remained well off recent peaks as gasoline stocks built ahead of peak summer

    Read More

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