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Copper futures jump to three-week high on positive news from China
Tue, 03 Jan 2012 16:02:45 GMT
 
Copper futures advanced to three-week high as traders were inspired by expansion of manufacturing activity in China last month. Copper futures for delivery in March traded at USD3.486 a pound at the >>
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Bentley sales advanced 37% last year
Tue, 03 Jan 2012 16:01:54 GMT
 
Bentley reported about 37% sales increase in 2011, citing the strengthening demand for luxury cars. The company sold 7,003 cars with price starting from ВЈ133,000. The US remained the largest market for >>
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Commodities rally decreasing recession concerns
Tue, 03 Jan 2012 16:01:26 GMT
 
Commodities approached one-month high as economic indicators from China, the US and Germany returned confidence in the market. The Standard & Poor's GSCI Index added 1.7 % to 655.63. Manufacturing data from >>
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DAX surges on German manufacturing data
Tue, 03 Jan 2012 16:00:18 GMT
 
German DAX Index extended gains for the second straight session and traded 1.1% up at 6,141.84 after statistics showed the number unemployed in December fell more than predicted. Car makers led the gains >>
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Morgan Stanley predicts 7% for S&P 500 in 2012
Tue, 03 Jan 2012 15:59:48 GMT
 
Morgan Stanley experts said on Thursday they forecast S&P 500 Index to drop by 7% at 1,167 by the end of next year. Analysts base their expectations on weakening global outlook and floppy company >>
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Avery Dennison Corp. is going to sell two business lines
Tue, 03 Jan 2012 13:58:07 GMT
 
Avery Dennison Corp., the manufacturer of pressure sensitive substances and retail branding solutions, announced it will sell its "office and consumer products" business to 3M Corp. The deal is valued at $550 million. The earnings >>
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FTSE 100 rallies on the first day of trading in 2012
Tue, 03 Jan 2012 13:57:14 GMT
 
UK benchmark FTSE 100 advanced sharply on Tuesday, catching up gains after bank holiday on Monday. FTSE 100 gained 0.9% or 52 points, reaching 622.55. Appreciation in the index was driven by mining >>
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US stocks likely to open higher
Tue, 03 Jan 2012 13:56:09 GMT
 
US futures rallied ahead of American first trading session in 2012 indicating that shares could also open higher and extend gains as manufacturing data from emerging economies are lifting investor optimism. Futures on >>
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Experts predict US stocks to end higher in 2012
Tue, 03 Jan 2012 13:55:29 GMT
 
US benchmark S&P 500 Index ended year almost flat or 0.003% down at 1,257.60. Nevertheless Wall Street analysts are optimistic towards US stock performance next year. On average money managers and strategists predict >>
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Greece will leave the Euro Zone in case the second bailout fails
Tue, 03 Jan 2012 12:18:08 GMT
 
Greece will be forced to exit the Euro Zone in case it fails to agree with the EU, private bondholders and the IMF on the second bailout worth 130 billion euros, said >>
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US are not going to sacrifice too much to save the EU
Tue, 03 Jan 2012 12:16:49 GMT
 
The EU countries have to solve the debt crisis using their own efforts, said Mitt Romney, Republican U.S. presidential candidate. The US has an interest in preventing the Euro Zone's collapse but >>
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New light oil and natural gas deposits in Brazil
Tue, 03 Jan 2012 12:16:28 GMT
 
Petroleo Brasileiro SA announced it found new light oil and natural gas deposits in Espirito Santo state. Preliminary analysis determined the natural gas and oil of premium quality and the drilling will >>
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France wants to impose fresh sanction on Iran
Tue, 03 Jan 2012 12:15:56 GMT
 
France insists that Iran's nuclear programme is aimed at developing weapons and demands 'stricter' sanctions for Iran, said Alain Juppe, Foreign Minister. He announced the EU countries should follow the US in >>
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Hungary's new constitution creates massive protests
Tue, 03 Jan 2012 11:00:40 GMT
 
Hungarian opposition engaged in mass protests against Hungary's new constitution approved on January 1. It is the first joint demonstration against Hungarian PM Viktor Orban since he was elected in 2010. Tens of >>
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German unemployment declines as winter linger
Tue, 03 Jan 2012 11:00:28 GMT
 
German jobless rate dropped more than predicted in December as lingering winter supported employments in construction. Surge in cars and machinery exports also contributed to decline in German unemployment. The number of unemployed >>
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