business
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submitted by Robby for team staff news 6 days 49 minutes ago
BRUSSELS (Reuters) - The European Commission and the European Central Bank are working on scenarios in case Greece has to leave the euro zone, EU trade commissioner Karel De Gucht has said.
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submitted by Robby for team staff news 6 days 1 hour 49 minutes ago
HANOI, Vietnam (AP) -- State media say police have arrested four senior executives at a major state-owned shipping company for alleged mismanagement....
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submitted by Robby for team staff news 6 days 1 hour 49 minutes ago
BEIJING (AP) -- China's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned proposed punitive tariffs might hurt efforts to promote clean energy....
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submitted by Robby for team staff news 6 days 2 hours 50 minutes ago
President Barack Obama on Friday kicks off a frenetic four days of guns-and-butter diplomacy, including a pair of high-stakes international summits focused on reviving the sputtering global economy and winding down the unpopular war in Afghanistan. Both issues will shape Obama's legacy — not to mention...(more)
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submitted by Robby for team staff news 6 days 3 hours 49 minutes ago
SINGAPORE (AP) -- Oil prices fell to near $92 a barrel Friday in Asia, extending a sharp two-week selloff as the latest twists in Europe's debt crisis added to a gloomy economic outlook....
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submitted by Robby for team staff news 6 days 4 hours 50 minutes ago
World leaders will huddle at Camp David Friday with the focus on Greece as it stumbles toward an unprecedented eurozone exit that holds wildly uncertain repercussions for the global economy.
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submitted by Robby for team staff news 6 days 5 hours 49 minutes ago
TOKYO (Reuters) - Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid political turmoil in Greece and signs of growing instability in Spanish banks, with investors adding the latest weak U.S. data to the list of risk factors.
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submitted by Robby for team staff news 6 days 7 hours 49 minutes ago
NEW YORK (Reuters) - Shooting from the hip may have got Jamie Dimon into deep trouble -- shooting straight may help to get him out of it.
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submitted by Robby for team staff news 6 days 9 hours 49 minutes ago
TOKYO (Reuters) - Japan's government took a brighter view of the economy in a report on Friday, thanks to improvements in private consumption and exports, but it warned that Europe's debt crisis and financial market swings could worsen the outlook.
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submitted by Robby for team staff news 6 days 9 hours 49 minutes ago
(Reuters) - The unit at the center of JPMorgan Chase & Co's recently revealed $2 billion trading loss has built up more than $100 billion in positions in asset-backed securities and structured products, the Financial Times said on Thursday.
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submitted by Robby for team staff news 6 days 12 hours 49 minutes ago
NEW YORK (Reuters) - Verizon Wireless plans to make its data-hungry customers pay a lot more, either in service fees or smartphone prices, as it tries to cut costs and boost revenue from data services.
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submitted by Robby for team staff news 6 days 12 hours 49 minutes ago
NEW YORK (AP) -- Total U.S. money market mutual fund assets fell by $5.35 billion to $2.563 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday....
