Archive for December 2012
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Apple Inc sold more than 2 million iPhone 5s in China in just three days after its launch there on Friday, its best ever smartphone launch in the country, but Apple shares fell on Monday
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US oil giant Chevron has agreed to pay 310 million reais ($155 million) to Brazil for an oil spill last year in the Atlantic in deep waters off Rio de Janeiro, officials said Saturday. Government
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India on Monday cut its growth forecast for the current fiscal year to just under six percent, putting Asia's third-largest economy on track for its worst annual performance in a decade. The finance ministry said
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Conditions for manufacturers in New York worsened for a fifth straight month, with new orders and shipments lower, the New York branch of the Federal Reserve said Monday. The New York Fed's Empire State manufacturing
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Foreigners ditched US equities and cut mortgage-backed debt in October in favour of government bonds, US Treasury data showed on Monday, as market and global economic uncertainty increased. Overall, overseas investors bought $1.3 billion in
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Foreigners ditched US equities and cut mortgage-backed debt in October in favour of government bonds, US Treasury data showed on Monday, as market and global economic uncertainty increased. Overall, overseas investors bought $1.3 billion in
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New European Central Bank powers to oversee euro zone banks will help restore confidence in the sector and revive interbank lending, its president, Mario Draghi, said on Monday. Ministers clinched a deal last week to
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New European Central Bank powers to oversee euro zone banks will help restore confidence in the sector and revive interbank lending, its president, Mario Draghi, said on Monday. Ministers clinched a deal last week to
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Norilsk Nickel named long-time co-owner Vladimir Potanin as its chief executive on Monday under a Kremlin-inspired deal to end a boardroom war at the world's top nickel and palladium producer. Oligarch Roman Abramovich will take
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Foreigners added C$13.26 billion ($13.39 billion) in Canadian securities in October, the third largest amount this year, all of it in bonds and predominantly in the corporate sector, Statistics Canada said on Monday. The investment
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