Archive for the February 2, 2005
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Oil prices held just below $48 a barrel on Tuesday, as the market remained nervous that Opec producers may cut supplies before the end of the first quarter. US light crude dropped 21 cents to
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US copper futures ended modestly lower on Monday, after trimming most losses sustained as the dollar strengthened, traders said. As the dollar gave back some of its gains, and copper supplies in London appeared to
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Tokyo platinum futures extended gains to a fresh 2 1/2 month high on Tuesday, as the market's technical strength prompted speculative buying by overseas operators and stop-loss orders from local investors. The December platinum futures
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US gold futures fell almost 1 percent but ended above a three-week low on Monday, as traders unwound last week's safe haven bets after Iraqi voters defied insurgents to vote in the weekend election, dealers
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Gold held steady in Asian trading on Tuesday as jewellers and investors bought at lower levels, after losing nearly $4 an ounce in New York. Spot gold was at $422.15/422.65 an ounce after touching a
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The Sri Lanka rupee weakened on Tuesday on heavy importer demand for dollars to settle trade bills and in the absence of dollar sales by state banks, dealers said. Copyright Reuters, 2005
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The drawn-out sale of Bulgarian state tobacco firm Bulgartabak collapsed on Tuesday when the sole bidder, British American Tobacco, withdrew a 200 million euro offer for the company's three best factories. Analysts and the IMF
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European stock market operator Euronext would consider basing all its operations in London if its expected bid for the London Stock Exchange is successful, the Times newspaper reported on Tuesday. The report said that Euronext
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India's communists, a vital prop of the ruling coalition, urged the government on Tuesday not to sell a stake in engineering firm Bharat Heavy Electricals Ltd (BHEL) and not to allow more foreign investment in
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Two British stockbrokers were snapped up on Tuesday in deals that kicked off long-awaited consolidation in the UK's fast-growing mid-cap broking sector, where activity has outpaced the FTSE 100 over the past year. In two
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