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- NEW YORK : Wall Street headed for a mixed open Thursday as investors awaited a government reading on employment and sifted through a batch of bleak corporate earnings that has stirred intense anxiety about the health of the global economy. Some ...
- Credit Suisse Group reported a 1.26 billion Swiss franc ($1.08 billion) loss during the third quarter Thursday, blaming bad investments and the global financial turmoil, and the bank said it was working to further cut its exposure to toxic assets ...
- SYDNEY, Australia - Australia & New Zealand Banking Group Ltd. reported a 21 percent decline in annual profit Thursday as soaring charges for bad debts linked to the global credit crisis hit Australia's fourth-largest bank hard. It was the first time ...
- Dubai, 23 October 2008 - du, the new integrated telecom operator in the UAE has announced new mobile data services for its business customers - Mobile Telemetry and enhanced du Mobile Broadband services. New as well as existing business customers ...
- Lending to non-financial companies in September was less than a third of the average of the previous six months, according to the latest data from the British Bankers’ Association, a sign of how the credit crunch is filtering into the wider economy ...
- ZURICH, Oct 23 (Reuters) - Swiss bank Credit Suisse trimmed exposure to illiquid assets, but a whopping 1.7 billion Swiss franc trading loss in the third quarter and a warning the fourth quarter would be tough dragged its shares down 8 percent ...
- Loveland Board of Education President Kathryn Lorenz said Oct. 21 she'd have rather had a root canal than to have had to chair a public meeting that night and another two days earlier on the results of a special state audit that determined Jill ...
- Recently there were more than 150 major incidents affecting more than 57 million people in the U.S. There have been breaches of secure information in nearly every sector of the business community, not just in the credit industry. ID theft has also ...
- Investors will be looking for details about how cheap chic discounter Target Corp. - facing sluggish sales and rising delinquencies in its credit card business that have cut into profits - will turn around its business at its annual investors ...
- In the morning meeting. Treasury ministers are meeting bank chiefs this morning to discuss the amount of credit being given to small businesses. Restoring lending to 2007 levels was one of the slightly more ambiguous conditions of the bank bailout ...
- LONDON (Reuters) - The credit crisis will spur more takeovers in the oil and gas industry as cash-rich oil majors and utilities pounce on small and mid-cap companies whose shares have been hit hard as they struggle to fund developments. Oil majors ...
- Despite complaints from customers of its stores throughout Connecticut, Wal-Mart insists that it's following state tax laws by requiring them to pay tax again on exchanges made without receipts. My conclusion is that not only is Wal-Mart violating ...
- Democrat Amy Schmotzer brings some legal baggage to her race against incumbent state Sen. John Pippy, R-Moon, in the Nov. 4 election. Mrs. Schmotzer, of Whitehall, has been sued twice by the Internal Revenue Service for failing to pay income taxes on ...
- LOS ANGELES — Financial insecurity is forcing Wal-Mart shoppers to change buying habits, cut credit card use and live more paycheck-to-paycheck, the CEO of the U.S. division of the world's largest retailer said Tuesday. Economic pain is leading to ...
- The European Central Bank 's (ECB) recent strategy of interest rate cuts looks set to continue, ECB executive board member Jose Manuel Gonzalez-Paramo, has told the Irish Independent . As the global financial crisis continues, the ECB's shift from a ...
- Walgreen Co. has been working with a consulting firm to possibly change the drugstore format, introduce a loyalty card and increase marketing of its generic drug plan, according to media reports. Deerfield-based Walgreen announced last Friday the ...
- OTTAWA -- Virtually everything, except perhaps Canadian tourists, headed south on Wednesday. The Canadian dollar plunged more than two cents to a three-year low below 80 cents US, oil sank more than $5 US a barrel to a 16-month low of less than $67 ...
- The tumbling on Wall Street continues. Stocks plummeted again yesterday as investors worried that the global economy is poised to weaken even as parts of the credit market slowly show signs of recovery. The major indexes fell more than 4 percent ...
- Dan Hassenplug's monthly expenses used to include around $300 for lunch and three or four books bought from Amazon.com. Now he's plugged into a new breed of social network that helps him manage his finances. "When you see a graph that says you ...
- NEW YORK - After three days of relative calm, turbulence returned to Wall Street on Wednesday. Louder warnings of a deep recession and weak corporate earnings took the Dow Jones industrial average down 514 points amid fears that government ...
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