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Breaking News: Dubai illustrates global economic fragility
Source: Scoop

New Delhi :: India | updated Fri Nov 27 16:33:12 -0800 2009 | business-news

The Kiwi is now at five-month lows against the Aussie and three-week lows against the Greenback.  The cynics out there will say this has done more to lower the dollar than the most recent monetary policy statement. “Washington-based Eurasia Group...
Credibility Views: 38 | News Stories: 48 | Blog Posts: 17 | 27 | 25 | 2
 
Latest Breaking News: Brown seeks to ease Dubai debt worries
Source: The independent

Abu Dhabi :: United Arab Emirates | updated Fri Nov 27 20:08:46 -0800 2009 | business-news

Gordon Brown sought to dampen concerns yesterday that the financial crisis in the Middle East, caused by the state-backed Dubai World's request for a standstill agreement on its debt repayments, would lead to widespread panic in global markets. Speaking from...
Credibility Views: 19 | News Stories: 66 | Blog Posts: 30 | 30 | 30 | 0
 
Current News: Wall Street braces for Dubai debt fallout, jobs data
Source: Inquirer.net

New York City :: NY :: USA | updated Fri Nov 27 18:07:01 -0800 2009 | business-news

Wall Street braced for repercussions of the Dubai debt crisis to unfold and for looming key economic data, after winding down a turbulent holiday-shortened week. The Dow Jones Industrial Average edged down 0.9 percent on the week to 10,309.92, snapping...
Credibility Views: 17 | News Stories: 42 | Blog Posts: 29 | 30 | 30 | 1
 
Source: Daily Nation

Nairobi :: Kenya | updated Fri Nov 27 06:37:45 -0800 2009 | business-news

An Indian vehicle manufacturer has launched its brands in the Kenyan market in a move that is bound to intensify competition. Ashok Leyland joins the list of trucks angling for the growing construction industry that has been boosted by government’s...
Credibility Views: 16 | News Stories: 1 | Blog Posts: 0 | 0 | 0 | 0
 
Latest World News: ING prices $11.2 billion rights issue at hefty discount
Source: International Business Times

Amsterdam :: Netherlands | updated Fri Nov 27 01:30:39 -0800 2009 | business-news

ING priced a rights issue intended to raise 7.5 billion euros ($11.2 billion) at 4.24 euros per share, luring shareholders with a hefty discount of close to 40 percent as it looks to pay back state aid. Europe's biggest insurer...
Credibility Views: 9 | News Stories: 2 | Blog Posts: 1 | 0 | 3 | 0
 
Source: The New York Times

Los Angeles :: CA :: USA | updated Fri Nov 27 18:35:40 -0800 2009 | business-news

America’s first Twitter Christmas got under way in earnest on Friday. Across the land, retailers and their customers used the social networking site to talk to one another about bargains, problems, purchases and shopping strategies. After buying a new navigation...
Credibility Views: 6 | News Stories: 1 | Blog Posts: 0 | 0 | 0 | 0
 
Source: Independent

Dublin :: Ireland | updated Fri Nov 27 04:37:49 -0800 2009 | business-news

The Central Bank and financial regulator closed their public offices today as about 600 workers held a one-day strike in a dispute over working conditions. Workers picketed the Central Bank and regulator’s headquarters on Dame Street in central Dublin after...
Credibility Views: 7 | News Stories: 2 | Blog Posts: 2 | 0 | 0 | 0
 
Breaking News Event: ThyssenKrupp confirms steep full-year loss
Source: The Orange County Register

Frankfurt :: Germany | updated Fri Nov 27 03:05:03 -0800 2009 | business-news

ThyssenKrupp, based in Duesseldorf, said it lost euro1.87 billion ($2.8 billion) for its full fiscal year compared with a net profit of euro2.3 billion the previous year. The drop was due to a number of restructuring charges and the impact...
Credibility Views: 7 | News Stories: 2 | Blog Posts: 0 | 4 | 11 | 0
 
Source: Star Tribune

Upland :: CA :: USA | updated Fri Nov 27 11:27:30 -0800 2009 | business-news

Police say a Wal-Mart store in Southern California closed its doors for several hours before dawn after some Black Friday shoppers began fighting over bargain merchandise...Jim Etchason says officers in Upland, about 40 miles east of Los Angeles, were called...
Credibility Views: 6 | News Stories: 1 | Blog Posts: 0 | 0 | 0 | 0
 
Source: India Abroad

Mumbai :: India | updated Fri Nov 27 00:44:53 -0800 2009 | business-news

In this potentially explosive lawsuit against the Indian tech giant, Awasthi alleged that Infosys management routinely disparaged Americans, including her, as not having 'family values', and stated that layoffs in America are good because the jobs will be outsourced.
Credibility Views: 6 | News Stories: 1 | Blog Posts: 0 | 0 | 0 | 0

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