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Archive for the November 11, 2005

  • Sterling hit an eight-week high against the weak euro and ticked up against the dollar on Thursday, shrugging off a widely-expected decision by the Bank of England to leave interest rates unchanged. The Bank of

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  • The dollar stood its ground near recent two-year highs against the euro and the yen on Thursday as dealers awaited US trade figures to provide short-term direction for the US currency. The market was focusing

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    • News Desk
    • Nov 11th, 2005
    • Comments Off on Bonds: bid talk rattles Rexam; more gloom grips General Motors

    Credit default swaps on Rexam, the world's biggest maker of drink cans, jumped in price on Thursday as talk of a bid for the British group reverberated through the debt and equity markets. In the

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    • News Desk
    • Nov 11th, 2005
    • Comments Off on Bonds: bid talk rattles Rexam; more gloom grips General Motors

    Credit default swaps on Rexam, the world's biggest maker of drink cans, jumped in price on Thursday as talk of a bid for the British group reverberated through the debt and equity markets. In the

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    • News Desk
    • Nov 11th, 2005
    • Comments Off on US Stocks: Thursday’s unofficial close

    US stocks fell on Thursday as General Motors Corp's shares hit a 23-year low, raising broader concerns among investors about other big US companies, while Exxon Mobil Corp fell on lower oil prices. GM shares

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  • Seoul shares rose on Thursday to their highest close in four weeks, as blue chips such as Samsung Electronics gained after the central bank held interest rates steady and sounded upbeat about the economy's momentum.

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  • Here is how major stock markets outside the United States ended on Thursday. EUROPE STOCKS EXCHANGE: European shares posted a mixed close as a sagging Wall Street undermined earlier gains made on strong financial-sector earnings

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    • News Desk
    • Nov 11th, 2005
    • Comments Off on FTSE falls as oil, telecoms take toll

    Britain's top shares ended lower on Thursday as falls by key stocks such as oil giant BP and mobile phone titan Vodafone took away from gains among the majority of blue chip companies. Rexam was

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    • News Desk
    • Nov 11th, 2005
    • Comments Off on Brazil robusta leader sees high output

    Brazil's No 1 robusta co-operative expects to harvest a bigger crop in 2006 due to regular rain and improved crop care, but quality is likely to suffer due to numerous flowerings and disease. Cooabriel, located

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  • US corn and soyabean stockpiles will swell to their largest size in nearly two decades, the government estimated on Thursday, with harvest nearly over for the second-largest corn, soyabean, cotton and rice crops on record.

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