Archive for  December 2012
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Til and Juwar prices went up as winter season started in the country, dealers said on the wholesale grain market on Tuesday. On the seeds side, as winter season started, til prices started going up
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Canada's central bank on Tuesday held its key lending rate at one percent, saying economic momentum has been "slightly softer" than anticipated. The Canadian economy however is expected to pick up through 2013, the Bank
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Two Russian billionaires ended a four-year battle over the world's biggest nickel and palladium miner on Tuesday by giving the largest voting stake in their $30 billion company to a third: Kremlin-favoured tycoon Roman Abramovich.
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Bahrain Telecommunications Co (Batelco) has agreed to buy Cable & Wireless Communications' assets in Monaco and some islands in a deal worth up to $1 billion, hoping growth overseas will offset falling revenue and market
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Australia's central bank cut interest rates a quarter point to a record-matching low on Tuesday, stepping up efforts to safeguard the rich world's most resilient economy from the risk of recession as a mining boom
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Finnish mobile phone maker Nokia, which faces cash-flow problems, said on Tuesday it had agreed to sell and lease back its head office building outside Helsinki for 170 million euros ($222 million). "Owning real estate
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International shipping volumes gained 4.0 percent in 2011 to a record 8.7 billion tonnes even as prices fell sharply owing to surplus capacity, a United Nations think tank said Tuesday. Despite increasing demand, "world ship
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Britain's economic recovery remains precarious, data on Tuesday showed, with construction activity falling and retail sales weaker than expected - a blow to the government the day before a budget statement. The weak data was
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British renewable energy firm Blue Energy announced Tuesday that it will build a giant solar power plant in Ghana which it claimed will become the biggest in Africa. "Blue Energy is to build Africa's largest
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US regulators have charged the Chinese arms of the world's five top accounting firms with securities violations, raising tensions in a regulatory stand-off which experts say could kill off US listings for Chinese firms if
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