Archive for November 13th, 2008

China agrees to loosen controls on news providers (AP)

AP - China has agreed to loosen controls on financial news providers in an out-of-court settlement of a dispute with the United State, the European Union and Canada.

AP

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European markets mixed ahead of Wall Street open (AP)

A broker reacts as he watches displays showing stock prices at a brokerage firm Thursday, Nov. 13, 2008. Hong Kong's stock index has plunged over 6 percent in early trade, tracking Wall Street's sharp losses overnight. The blue chip Hang Seng index fell 923.83 points, or 6.63 percent, to 13015.28 points at the end of the morning session. (AP Photo/Vincent Yu)AP - Europe's stock markets were mixed Thursday ahead of an expected muted open on Wall Street, as downbeat U.S. corporate news kept investors wary of buying heavily sold-off shares.

AP

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Irish inflation falls to 2-year low (AP)

AP - Inflation in Ireland has fallen to a two-year low of 4.0 percent as falling demand during the country's economic downturn drives down the prices of many goods, the government Central Statistics Office reported Thursday.

AP

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Euro dips briefly below $1.24 before gaining (AP)

AP - The euro and the pound fell on Thursday as new data showed Europe, the U.S. and Japan sliding into recession and as markets digested a change of direction in the U.S. financial bailout plan.

AP

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Siemens posts 2.4 billion euro loss in 4th quarter (AP)

AP - Industrial conglomerate Siemens AG on Thursday reported a net loss of 2.4 billion euros ($3 billion) for its fiscal fourth quarter, weighed down by large one-time charges that included money set aside for costs related to a bribery investigation.

AP

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  • FTSE falls 0.98% when market opens (AFP)