Archive for October, 2008

Dollar higher, gold falls in morning trading (AP)

AP - The U.S. dollar was mostly higher against other major currencies in European trading Friday morning. Gold fell.

AP

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BSkyB on target for 10 million customers (AP)

AP - British Sky Broadcasting Group PLC, Britain's satellite broadcaster, said it is on course to reach 10 million customers by the end of 2010 despite mounting evidence that the British economy is heading for a deep and lengthy recession.

AP

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French and Dutch bank rescue plans win EU approval (AP)

AP - French and Dutch programs to shore up the banking sector in the wake of financial turmoil won EU approval on Friday, the European Commission said.

AP

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Asia markets mixed; Nikkei slides despite rate cut (AP)

A man walks past an electronic stock board in downtown Tokyo, Japan, Friday, Oct. 31, 2008. Japan's stocks opened sharply lower on Friday, falling below the 9,000 level set up on the previous day.  (AP Photo/Itsuo Inouye)AP - Asian markets were mixed Friday as Japanese stocks fell despite the first rate cut in seven years while shares in India soared to catch up with a previous day's global market rally after a holiday there. European markets opened lower.

AP

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Euro down against dollar on US economy report (AP)

AP - The euro dropped against the dollar on Friday after a report showed the U.S. economy contracting by a smaller margin than analysts had expected.

AP

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  • US stocks fall on profit-taking, Europe off highs (AP)