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A sharp rise in British retail sales pierced the global economic gloom like a rare shaft of sunlight on Thursday, but other developments showed that hopes that storm clouds would disperse were premature.
A Reuters survey said business pessimism was...
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AP, Washington
Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the...
made popular 5 hr. ago
AP, Detroit
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts.
made popular 8 hr. ago
AP, Washington
The International Monetary Fund says it strongly endorses a plan by rich countries to fight the global credit crisis.
made popular 9 hr. ago
AP, Washington
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...
made popular 9 hr. ago
As a country in the south Pacific, New Zealand is close enough to the big Asian economies to be strongly affected by developments there. Accordingly, Asian business is...
made popular 10 hr. ago
AP,
May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company,...
made popular 10 hr. ago
AP,
General Motors Corp. and Chrysler LLC at a glance:
made popular 11 hr. ago
AP, Washington
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...
made popular 12 hr. ago
AP, Detroit
General Motors Corp., Chrysler LLC and Cerberus Capital Management LP have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to a...
made popular 15 hr. ago
I had promised myself not to write more than one blog a day but my anger is making me break my promise. This morning I was going through the terms subject to which...
made popular 16 hr. ago
Will it go down? Rumors are flying thick & fast about ICICI a leading private bank in India of which I am an old shareholder. This morning I got an SMS from them...
made popular 16 hr. ago
Asia’s financial system is little affected by the U.S. sub-prime mortgage problems that have triggered a global crisis, and the region overall will enjoy robust...
made popular 17 hr. ago
AP, Washington
President Bush says world’s wealthiest industrial countries will work together to attack the credit crisis spreading around the globe.
made popular 18 hr. ago
* Saturday: Despite desperate efforts to kick-start activity in the stalled markets, and re-instill investor confidence, Japan’s Nikkei continues to bear the blows of...
made popular 18 hr. ago
There is a tendency in the Philippines to ape what US authorities are doing with their financial markets. The tendency is to pattern the Philippine financial system to...
made popular 19 hr. ago
Living in Chile, I have seen the US economic crisis in a number of ways. The closest I have been to it is in the community I live in, Puerto Natales, Chile. Puerto...
made popular 19 hr. ago
Foreign investments in the Philippines bounced back in July but total capital from abroad remained thin compared to inflows last year due to the global economic...
made popular 21 hr. ago
Philippine share prices on Friday fell by triple digits as nervous investors dumped stocks in favor of cash amid the global uncertainty, analysts said. The property...
made popular 21 hr. ago
Philippine President Gloria Macapagal Arroyo said her government will spend more to stimulate the economy and protect growth as the world braces for the worst financial...
made popular 21 hr. ago
The Philippine stock market will still be reeling from the effects of the global financial crisis next week, unless some major development occurs over the weekend,...
made popular 21 hr. ago
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Driving a 2006 Volkswagen Touareg V10 TDI, Mark Miller conquered the treacherous 12.4-mile course at the Race to the Clouds in 14 minutes 8 seconds. The secret of his...
made popular Jul 11 2006
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