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European markets decline on bank announcements about losses
Fri, 06 Jan 2012 08:37:51 GMT
 
European shares saw a drop on Thursday session as Deutsche Bank, UniCredit and Santander reported sharp losses. Stoxx 600 index gave up 0.9% or 2.23 points and closed at 247.39, French CAC 40 >>
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RBS plans to lay off 10,000 employees
Thu, 05 Jan 2012 16:20:03 GMT
 
Royal Bank of Scotland Group PLC may reduce its payroll by 10,000 jobs in line with its strategy of investment banking sector contraction, reported Financial Times. Redundancies will focus on equities segment >>
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Crude oil sinks under $103 a barrel
Thu, 05 Jan 2012 16:19:36 GMT
 
Crude oil futures declined after supply news from the US but Iranian issue limited losses. Crude oil inventories decreased to 4.4 million barrels last week while gasoline inventories jumped to 3.4 million barrels, announced >>
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China's largest airlines escape carbon tax of the EU
Thu, 05 Jan 2012 16:19:01 GMT
 
China's largest carriers will not pay the EU carbon tax aimed at reducing carbon emissions as China's Air Transport Association refused to cooperate with the EU Emissions Trading Scheme, said one official. >>
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New Industrial orders increased by 11.8% in the Euro Area in October
Thu, 05 Jan 2012 16:18:35 GMT
 
New industrial orders index increased by 1.8% in the Euro Area in October on a monthly basis after decline by 7.8% in September. In the EU new orders rose by 0.5% in >>
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Corn futures decline on South America weather forecast
Thu, 05 Jan 2012 16:18:08 GMT
 
Corn futures eased down as investors continue to eye weather conditions on South America as well as firm Dollar weighted down on the corn price. Corn futures for delivery in March traded >>
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Corn futures decline on South America weather forecast
Thu, 05 Jan 2012 16:18:08 GMT
 
Corn futures eased down as investors continue to eye weather conditions on South America as well as firm Dollar weighted down on the corn price. Corn futures for delivery in March traded >>
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France sold 8B euros of government bonds
Thu, 05 Jan 2012 16:17:35 GMT
 
France sold about 8 billion euros of different government's bonds with 4.02 billion euros of 10-year bonds. The 10-year bonds saw 6.61 billion euros bids generating the yield of 3.29%, up from >>
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US stocks open lower despite positive employment data
Thu, 05 Jan 2012 16:16:57 GMT
 
US stock market indexes traded down on Thursday as concerns on European debt crisis offset better-than-expected country's employment data. On the morning session S&P 500 fell 6.92 points to 1,270.3, Nasdaq Composite >>
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EU agrees on Iran oil export embargo
Thu, 05 Jan 2012 16:16:24 GMT
 
The EU announced it has reached a preliminary agreement on total ban of Iranian oil exports, the measure supported by the US and aimed at reducing Iran's oil revenues. The agreement has >>
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The Euro declines on the French auction
Thu, 05 Jan 2012 16:14:57 GMT
 
The Euro dropped to 16-month low against the US Dollar after French bond auction. French faced higher interest rates of 3.29% on 10-year bonds as investors are concerned about possible French credit >>
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Gold futures rally to two-week high
Thu, 05 Jan 2012 16:13:54 GMT
 
Gold futures rally for the fourth consecutive day, attaining two-week high. The yellow metal retained its safe-haven appeal as investors are impacted by the worries about the spreading Euro Zone's crisis and >>
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UK's services PMI reached 54.0 last month
Thu, 05 Jan 2012 16:13:04 GMT
 
UK's services sector grew more than expected in December. The services PMI increased to 54.0 last month from 52.1 in the preceding month, hitting five-month high. Analysts expected the figure to rise >>
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US jobless claims fell by 15 000 last week
Thu, 05 Jan 2012 14:39:32 GMT
 
The number of US claims for unemployment benefits declined last week signalling positive outlook for country's labour market at the beginning of the year. Jobless claims dropped by 15 000 >>
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US firms added more jobs than predicted
Thu, 05 Jan 2012 14:38:57 GMT
 
US companies added more jobs in December than was previously expected by analysts, indicating US labour market is recovering. In total, US firms added 325 000 jobs in December compared >>
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