German corporate insolvencies fall in June

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Source: RTTNews
German enterprise insolvencies tumbled 6.1% on year to 2,367 in June, Destatis said on Friday. In total 12,634 insolvencies were recorded in June, falling 1.6% from the preceding month. During the first half of the year corporate insolvencies slipped 3.1%, while consumer insolvencies slid 3.9%.
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Fri, 07 Sep 2012 13:26:34 GMT

US stocks jumped on ECB decision

US stocks skyrocketed on Thursday after the ECB unveiled its new short-term debt purchasing program to ease crisis pressure in the Euro area. Positive data from the US labour market also boosted market sentiment. US initial jobless claims dropped more than expected last week while non-farm unemployment tumbled much more than forecast last month. The S&P 500 Index reached its

Fri, 07 Sep 2012 11:11:35 GMT

Coffee plunged amid ample global supplies

Rural commodities were mixed on Thursday, with grains rebounding and coffee and sugar slumping. Broadly weaker greenback pushed farm commodities higher. Meanwhile, market participants remained focused on weather forecasts in the US, Brazil, India and Russia. Wheat rallied after, Australia, the second-largest global exporter, announced that wheat harvest may miss government estimates as dry weather harmed crops. Corn advanced on speculation

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