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Business and Economics
Saudi prince to buy more of Citigroup
CNN Money World Business - 3 hours 49 min ago
Citigroup's largest individual shareholder, Saudi Prince Alwaleed Bin Talal, said Thursday he planned to increase his stake in Citigroup back to 5%, even as shares of the firm have plummeted in recent weeks.
Categories: Business and Economics
The stock to buy when regulators call
CNN Money World Business - 5 hours 19 min ago
In the mess that has enveloped companies and the broader economy, there is a lot of finger pointing and blame being thrown about. Some people have the patience to wait for karmic retribution. For the rest of us, there are securities lawyers and regulators aplenty to mete out punishment.
Categories: Business and Economics
Shoppers: Wait 'til next year
CNN Money World Business - 7 hours 57 min ago
While U.S. merchants are a few weeks away from wrapping up a potentially disastrous 2008, experts say there is some relief on the horizon in 2009 for both stores and consumers - and it's coming from thousands of miles away in China.
Categories: Business and Economics
Global stocks fall sharply
CNN Money World Business - 8 hours 38 sec ago
Overseas stock markets fell sharply Thursday, taking a cue from Wall Street, as investors remained anxious about the grim outlook for the global economy and corporate profits.
Categories: Business and Economics
Iceland gets $4.6 billion bailout
CNN Money World Business - 8 hours 3 min ago
Nordic countries agreed to lend struggling Iceland $2.5 billion to help it recover from a series of crippling bank failures, bolstering a $2.1 billion aid package from the International Monetary Fund, their governments announced Thursday.
Categories: Business and Economics
Italy approves Alitalia buyout
CNN Money World Business - November 19, 2008 - 4:41pm
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Categories: Business and Economics
Dollar down against major currencies
CNN Money World Business - November 19, 2008 - 3:34pm
The dollar lost ground against the major currencies Wednesday amid negative news about the state of the economy.
Categories: Business and Economics
Oil prices at near 22-month low
CNN Money World Business - November 19, 2008 - 12:50pm
Oil prices fell to a nearly 22-month low Wednesday after a government report showed a bigger-than-expected rise in crude inventories, reinforcing concerns that demand for petroleum products is waning.
Categories: Business and Economics
U.S. opens food safety office in China
CNN Money World Business - November 19, 2008 - 10:37am
The first foreign office of the U.S. FDA opened in Beijing after an influx of contaminated Chinese food and drug imports to the U.S.
Categories: Business and Economics
Chinese automakers seek help
CNN Money World Business - November 19, 2008 - 7:36am
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Categories: Business and Economics
Tokyo stocks fall on poor earnings
CNN Money World Business - November 19, 2008 - 1:47am
Japan stocks fall on grim bank earnings, doubts about fate of U.S. auto rescue.
Categories: Business and Economics
SEC: 4 inflated bank portfolio
CNN Money World Business - November 18, 2008 - 3:37pm
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Categories: Business and Economics
InBev, Anheuser-Busch done deal
CNN Money World Business - November 18, 2008 - 2:49pm
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Categories: Business and Economics
Dollar rises amid economic uncertainty
CNN Money World Business - November 18, 2008 - 12:39pm
The dollar edged higher against major currencies Tuesday as negative news about the state of the economy continued to weigh on investors.
Categories: Business and Economics
Pirates hijack 7 ships in 12 days
CNN Money World Business - November 18, 2008 - 11:50am
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Categories: Business and Economics
Pepsi Bottling to slash 3,000 jobs
CNN Money World Business - November 18, 2008 - 6:17am
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Categories: Business and Economics
HSBC to cut 500 jobs in Asia
CNN Money World Business - November 18, 2008 - 5:26am
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Categories: Business and Economics
Stocks in Europe, Asia tumble
CNN Money World Business - November 18, 2008 - 2:41am
Stocks around the world fell Tuesday as economic gloom hung over investors.
Categories: Business and Economics
Dubailand struggles with ambitious targets
AME Info (UAE) - November 17, 2008 - 11:41pm
Dubailand is expected to play a key role in helping Dubai achieve its goal of attracting 15 million tourists a year by 2015, but the development is facing a number of challenges that are impacting the scope and delivery of the project.
Categories: Business and Economics
Pirates hijack giant oil tanker
CNN Money World Business - November 17, 2008 - 12:26pm
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Categories: Business and Economics
