Archive for January 2010
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The World Trade Organisation agreed on Tuesday to set up a panel at China's request to rule whether US safeguard duties on Chinese tyres are legal. The tyre case is one of a growing number
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The total debt of cash-strapped Dubai could be as much as 170 billion dollars, much higher than earlier reported, according to a report by EFG-Hermes regional investment bank. "The total debt held by Dubai Inc
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Annual inflation in recession-hit Britain surged to 2.9 percent in December, partly owing to changes in taxation levels, official data showed on Tuesday. "CPI annual inflation - the government's target measure - was 2.9 percent
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Giant oil company Chevron Corp plans to restructure its refinery operations, cutting some jobs and exiting some markets, a company spokesman said on Tuesday. The company, the fifth-largest refiner in the United States, issued a
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The central banks of China and Taiwan tightened policy on Tuesday to drain money from the banking system, marking intensified efforts in the region to head off inflation and cool asset bubbles. A week after
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Foreign demand for US securities rebounded in November, the Treasury Department said on Tuesday, as investors grew more optimistic about the long-term prospects of the US economy. Net overall capital inflows into the United States
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Foreign demand for US securities rebounded in November, the Treasury Department said on Tuesday, as investors grew more optimistic about the long-term prospects of the US economy. Net overall capital inflows into the United States
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Venezuela's firebrand leader Hugo Chavez seized three banks and ordered two other financial institutions closed Monday, as the country reeled from a currency devaluation he hopes will improving cratering state finances. "In order to guarantee
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US computer brands may be gone in 20 years' time due to an inability to produce the low-priced PCs the market demands, the Taiwanese founder of computer maker Acer was quoted as saying Tuesday. "The
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US aircraft manufacturer Boeing has received 851 orders for its long-range 787 Dreamliner plane from 56 airlines, the head of Boeing France said on Tuesday, describing the tally as "historic.". Yves Galland told a press
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