Andy q. posted an article on Personal Finance - Nov 29, 2009, 2:25 pm
  The central bank of the United Arab Emirates (UAE) has said it will provide banks with extra liquidity. The news comes days after the state-owned Dubai World said it would ask for an extension on ...
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Andy q. posted an article on Personal Finance - Nov 26, 2009, 1:58 pm
  European shares have been hit by concerns over Dubai’s financial health, after a government-owned company asked for an extension on repaying its debts. The UK’s FTSE 100 index lost 3.2%, its b...
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Andy q. posted an article on Personal Finance - Nov 25, 2009, 3:12 pm
  General Motors (GM) has said that it will not be closing any of Opel’s four plants in Germany as part of its restructuring plans. The US carmaker also said it would be cutting about 9,000 ...
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Andy q. posted an article on Personal Finance - Nov 24, 2009, 3:40 pm
  The sale of General Motors’ (GM’s) Swedish unit Saab has been called off after the would-be buyer pulled out of the deal. Swedish sportscar maker Koenigsegg said it had "come to the painful an...
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Andy q. posted an article on Personal Finance - Nov 23, 2009, 2:07 pm
  Sales of previously-owned US homes jumped by 10.1% in October as buyers rushed to take advantage of tax credits, which have now been extended. The National Association of Realtors said sales hit a...
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Andy q. posted an article on Personal Finance - Nov 19, 2009, 2:08 pm
  The Organisation for Economic Co-operation and Development (OECD) says growth and recovery are expected in 2010 in just about all world regions. For its 30 member countries, rich nations including...
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Andy q. posted an article on Personal Finance - Nov 18, 2009, 3:28 pm
  Confectionery groups Ferrero and Hershey have confirmed they are considering a possible joint takeover bid for the UK’s Cadbury. Italy’s Ferrero said it was in the "preliminary stages" of look...
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Andy q. posted an article on Personal Finance - Nov 17, 2009, 4:22 pm
  US billionaire Warren Buffett’s investment firm has revealed new stakes in Nestle and Exxon Mobil. Berkshire Hathaway said it held 3.4 million American depositary receipts - which represents sha...
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Andy q. posted an article on Personal Finance - Nov 16, 2009, 3:07 pm
  US carmaker General Motors (GM) has said it will start paying back its government loans earlier than expected. It will make its first payment of $1.2bn (£717m) to the US government in December. G...
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Andy q. posted an article on Personal Finance - Nov 12, 2009, 3:16 pm
  British Airways and the Spanish airline Iberia say they have reached a preliminary agreement for a merger. The two airlines have been discussing the deal at separate board meetings throughout the ...
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Andy q. posted an article on Personal Finance - Nov 11, 2009, 2:15 pm
The latest economic data from China suggests that industrial production grew year on ...
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Andy q. posted an article on Personal Finance - Nov 10, 2009, 3:57 pm
  Lloyds Banking Group is to cut 5,000 more jobs by the end of next year as it continues to reduce overlap following its merger with HBOS last year. Some of these cuts are temporary staff, ...
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Andy q. posted an article on Personal Finance - Nov 9, 2009, 2:35 pm
  UK confectioner Cadbury has rejected a £9.8bn ($16.4bn) hostile bid from US food giant Kraft. Cadbury said it had "emphatically rejected" what it saw as the "derisory" offer, which will now be pu...
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Andy q. posted an article on Personal Finance - Nov 5, 2009, 2:26 pm
  The Financial Services Authority (FSA) has fined Swiss banking giant UBS £8m for failing to stop its employees making unauthorised transactions. The FSA said four UBS employees had carried out th...
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Andy q. posted an article on Personal Finance - Nov 4, 2009, 4:27 pm
  General Motors (GM) has confirmed that it plans to cut 10,000 jobs across its European car unit Opel, which includes the Vauxhall brand in the UK. The announcement comes a day after GM said it ...
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Andy q. posted an article on Personal Finance - Nov 3, 2009, 3:39 pm
  Alistair Darling has welcomed the announcements that Royal Bank of Scotland (RBS) and Lloyds Banking Group are to sell off hundreds of branches. The chancellor said the sales, which had been deman...
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Andy q. posted an article on Personal Finance - Nov 2, 2009, 2:17 pm
  Ford has announced profits of almost $1bn (£611m) between July and September thanks to increased market share and a successful cost-cutting programme. Pre-tax profit for the quarter came in at $9...
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Andy q. posted an article on Personal Finance - Oct 29, 2009, 6:27 pm
  President Barack Obama has welcomed the news that the US economy returned to growth between July and September. Official figures showed the economy grew by 3.5% during the quarter, its first expan...
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Andy q. posted an article on Personal Finance - Oct 28, 2009, 6:02 pm
The European Union (EU) has approved plans for nationalised bank Northern Rock to be split in two - paving the way for a partial sale. One business, described as the "good" bank, would hold ...
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Andy q. posted an article on Personal Finance - Oct 27, 2009, 5:18 pm
  US consumer confidence fell sharply and unexpectedly in October as fears about future job prospects increasingly preyed upon Americans. The closely-watched Consumer Confidence Index from the Confe...
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Andy q. posted an article on Personal Finance - Oct 26, 2009, 4:38 pm
  Caterpillar, the world’s largest construction and mining equipment maker, says it will permanently cut 2,500 jobs in the US. But the news comes even as signs of economic recovery have allowed it...
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Andy q. posted an article on Personal Finance - Oct 21, 2009, 4:31 pm
  Aircraft maker Boeing has blamed a third-quarter net loss of $1.6bn (£974m) on rising production costs and poor market conditions. The latest results reflect charges incurred to modify Boeing’s...
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Andy q. posted an article on Personal Finance - Oct 20, 2009, 4:32 pm
Europe’s largest carmaker, Volkswagen, has said it is to buy 49.9% of sports car maker Porsche by the end of 2009 for about 3.9bn euros (
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Andy q. posted an article on Personal Finance - Oct 19, 2009, 3:08 pm

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Andy q. posted an article on Personal Finance - Oct 16, 2009, 4:04 pm
  The European Commission has warned that Germany’s planned 4.5bn euro ($6.7bn; £4bn) state aid for carmaker Opel may breach EU competition rules. The Commission said there were "significant indi...
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Andy q. posted an article on Personal Finance - Oct 15, 2009, 3:49 pm
  Nokia has reported a loss for the July to September quarter after sales sank by almost a fifth. The company made a net loss of 913m euros ($1.4bn; £838m) for the period, compared with a ...
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Andy q. posted an article on Personal Finance - Oct 13, 2009, 2:05 pm
The world’s largest maker of network equipment, Cisco Systems, has agreed to buy mobile broadband equipment-maker Starent Networks for $2.9bn (£1.8bn). The price represents a premium of 21% over ...
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Andy q. posted an article on Personal Finance - Oct 11, 2009, 2:47 pm
  Russia’s economy will shrink by 7.5% in 2009, President Dmitry Medvedev has said - but claimed Kremlin intervention had prevented a worse decline. Russia, which is heavily reliant on oil exports...
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Andy q. posted an article on Personal Finance - Oct 9, 2009, 2:39 pm
  General Motors (GM) has agreed to sell its iconic Hummer brand to Chinese firm Sichuan Tengzhong Heavy Industrial Machinery for an undisclosed fee. The two parties had been in talks about the sale...
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Andy q. posted an article on Personal Finance - Oct 7, 2009, 1:26 pm
The entire banking industry "owes the real world an apology", the chairman of ...
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Andy q. posted an article on Personal Finance - Oct 5, 2009, 4:22 pm
  Software giant Microsoft’s boss Steve Ballmer has said he believes that the world will be in a period of slow growth for "years". "Right now, I feel like we’re not likely to see a recovery," ....
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Andy q. posted an article on Personal Finance - Oct 1, 2009, 3:20 pm
  US stocks have fallen after weaker-than-expected manufacturing output data increased fears that the economic recovery will be both slow and uneven. The figures came from the Institute for Supply M...
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Andy q. posted an article on Personal Finance - Sep 30, 2009, 4:54 pm
  US markets have fallen after one of the first economic snapshots of September posted a surprise decline in output. The poor data came from the Institute for Supply Management’s (ISM’s) busines...
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Andy q. posted an article on Personal Finance - Sep 29, 2009, 2:01 pm
  US consumer confidence fell unexpectedly in September, suggesting Americans are not as convinced as US policymakers of an economic recovery. The closely-watched Consumer Confidence Index from the ...
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Andy q. posted an article on Personal Finance - Sep 24, 2009, 4:36 pm
  World leaders are meeting in the US city of Pittsburgh as the two-day G20 summit gets under way. Economic stability, financial regulation, climate change and bankers’ bonuses are set to top the ...
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Andy q. posted an article on Personal Finance - Sep 23, 2009, 4:06 pm
German Finance Minister Peer Steinbrueck has accused the UK of blocking tougher financial ...
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Andy q. posted an article on Personal Finance - Sep 22, 2009, 2:43 pm
  Oracle head Larry Ellison says his firm is losing $100m (£61.2m) every month while it waits for the verdict of an EU probe into a planned takeover deal. The business software firm has proposed a ...
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Andy q. posted an article on Personal Finance - Sep 21, 2009, 2:14 pm
Computer giant Dell is buying IT services provider and fellow Texan firm Perot ...
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Andy q. posted an article on AXXA News - Sep 18, 2009, 9:03 am
  Young children’s exposure to lead in the environment is harming their intellectual and emotional development, according to UK researchers. The researchers say the toxic effects of lead o...
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Andy q. posted an article on AXXA News - Sep 18, 2009, 5:01 am
European Union leaders meeting on Thursday are to urge sanctions for banks that pay excessive bonuses. Speaking ahead of the meeting, UK Prime Minister Gordon Brown said there was broad backing for b...
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Andy q. posted an article on Personal Finance - Sep 17, 2009, 3:56 pm
  European Union leaders meeting on Thursday are to urge sanctions for banks that pay excessive bonuses. Speaking ahead of the meeting, UK Prime Minister Gordon Brown said there was broad backing fo...
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Andy q. posted an article on AXXA News - Sep 17, 2009, 3:52 pm
  US President Barack Obama has shelved plans for controversial bases in Poland and the Czech Republic in a major overhaul of missile defence in Europe. The bases are to be scrapped after a revi...
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Andy q. posted an article on AXXA News - Sep 17, 2009, 3:29 pm
The world’s largest social networking site just got bigger with the announcement it has 300 million active monthly users from around the globe. Facebook also revealed that it had started making...
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Andy q. posted an article on AXXA News - Sep 17, 2009, 9:26 am
Failure to agree a new UN climate deal in December will bring a "global health catastrophe", say 18 of the world’s professional medical organisations. Writing in The Lancet and the British Medi...
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Andy q. posted an article on AXXA News - Sep 17, 2009, 5:23 am
The Organisation for Economic Co-operation and Development (OECD) says the global recession could cost 25 million people their jobs. This is despite recent signs that economies of its 30 member count...
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Andy q. posted an article on AXXA News - Sep 16, 2009, 3:56 pm
  Google has unveiled a service called Fast Flip to let users consume news more quickly and to boost the flagging fortunes of the news industry. The product is designed to mirror the way readers...
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Andy q. posted an article on Personal Finance - Sep 16, 2009, 2:15 pm
  The Organisation for Economic Co-operation and Development (OECD) says the global recession could cost 25 million people their jobs. This is despite recent signs that economies of its 30 member ...
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Andy q. posted an article on AXXA News - Sep 16, 2009, 2:12 pm
  The powerful European Commission President, Jose Manuel Barroso, has won a second term of office after a majority of Euro MPs voted for him. Mr Barroso, 53, was the only candidate in the Europ...
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Andy q. posted an article on AXXA News - Sep 16, 2009, 9:54 am
  Showering may be bad for your health, say US scientists, who have shown that dirty shower heads can deliver a face full of harmful bacteria. Tests revealed nearly a third of devices harbour si...
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