Relax with more cash when you go on holiday this year
The pound has rallied slightly against the euro in recent weeks but the euro remains very strong - and many holidaymakers are looking for breaks outside the eurozone to get better value for their holiday pound.
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Relax with more cash when you go on holiday this year
General Motors drives Germany to despair
The directors of General Motors met for dinner last Monday in advance of an eagerly anticipated board meeting the following day. It was a chance for them to get to know one another.
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General Motors drives Germany to despair
Are the central banks blowing new bubbles?
Another month, another ?25 billion in quantitative easing from the Bank of England. The latest addition to the Bank’s asset purchases will take the total to a nice round ?200 billion.
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Are the central banks blowing new bubbles?
Take heart from bosses’ optimism about Britain
The chief executives of our large banks and retailers have ideal seats from which to watch the UK economy. The bankers see how stretched individuals are on mortgage payments, how much they are putting on credit cards and into savings accounts. They have...
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Take heart from bosses’ optimism about Britain
Anglo American recruits banking grandee Sir Philip Hampton
Sir Philip Hampton, chairman of Royal Bank of Scotland, is being lined up to join the board of Anglo American. An announcement could be made as early as tomorrow.
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Anglo American recruits banking grandee Sir Philip Hampton
Microsoft sees a silver lining in the cloud
When he considered joining Microsoft two years ago, Stephen Elop compiled a list of questions to ask the software giant. If he was going to make the leap from Juniper Networks, the internet router maker where he had been promised the chief executive’s...
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Microsoft sees a silver lining in the cloud
Aurum Holdings agree debt swap
THE owner of Mappin & Webb, Watches of Switzerland and Goldsmiths is poised to agree a debt for equity swap to halve its borrowings.
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Aurum Holdings agree debt swap
Strike ballot for British Airways crew
BRITISH AIRWAYS yesterday came a step closer to having its flights grounded over Christmas when cabin crew unions said they would hold a strike ballot.
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Strike ballot for British Airways crew
Phone giants Vodafone and BT eye more cuts
BRITAIN’S two flagship telecoms companies will this week announce deeper cost cutting to compensate for sluggish sales growth.
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Phone giants Vodafone and BT eye more cuts
Cadbury to slam Kraft’s ‘cheap’ hostile bid
ROGER CARR, the Cadbury chairman, will issue a caustic rebuttal to Kraft, the American food group, when it tables a ?10 billion hostile bid for the Dairy Milk maker tomorrow.
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Cadbury to slam Kraft’s ‘cheap’ hostile bid
Mail strikes spawn cheaper rivals
THE deal to suspend postal strikes has come too late to save Royal Mail from a new wave of competitors.
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Mail strikes spawn cheaper rivals
Dyson children clean up with ?45m payout
SIR JAMES DYSON, the inventor who convinced the world that vacuum cleaners could be fun, has given ?45m of his fortune to his three children.
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Dyson children clean up with ?45m payout
Libel threat to force Us papers out of Britain
AMERICAN newspapers and magazines may stop selling copies in Britain and block access to their websites because of our draconian libel laws.
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Libel threat to force Us papers out of Britain
Libel threat to force Us papers out of Britain
AMERICAN newspapers and magazines may stop selling copies in Britain and block access to their websites because of our draconian libel laws.
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Libel threat to force Us papers out of Britain
Making profits with pleasure: The world of collecting
Can investing ever be a genuine pleasure? Absolutely: all you need do is take your favourite hobby or pursuit and apply a little financial nous. You could find an investment that delivered both a financial reward and something rarer - the pleasure of...
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Making profits with pleasure: The world of collecting
Bond fund payment cuts: Should you be worried?
About 76,000 investors in bond funds managed by Aviva - like Esme Banson - have seen their monthly income payments cut by 20 per cent. With other savers relying on similar bond funds for income, Financial Mail asks whether this is an isolated problem...
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Bond fund payment cuts: Should you be worried?
Funds that are good in practice and in principle
Two-thirds of savers want to invest ethically - including husband and wife Ed Monaghan and Jill Monaghan Brash. That's why they have chosen an ethical investment fund for their long-term savings.
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Funds that are good in practice and in principle
Go global for income as UK dividends stall
Investors in search of an income from their stock market holdings should start to look outside the UK. Leading financial advisers believe widespread dividend cuts by British companies have seriously weakened the case for investing in UK equity income...
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Go global for income as UK dividends stall
My 'indigestion' turned out to be a heart attack
Financial adviser Michael Meehan speaks from experience when he tells clients about the benefits of taking out protection against the consequences of suffering a serious illness - but many of us are still blind to the benefits of health insurance.
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My 'indigestion' turned out to be a heart attack
Strategies: In Fund Flows, a Caution for Stocks
The skepticism of mutual fund investors during Wall Street’s rally suggests that stocks aren’t entering a bull market.
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Strategies: In Fund Flows, a Caution for Stocks
Prudential chief executive Tidjane Thiam says the East is the future
We are NUMBER ONE" roar the crowd gathered in Kuala Lumpur's Mandarin Oriental Hotel as 15 drummers roll on to the stage dressed in traditional Asian clothing.
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Prudential chief executive Tidjane Thiam says the East is the future
Safety net may fail thousands of Keydata investors
Nearly 50,000 investors will learn this week whether they will be compensated for losses suffered as a result of mismanagement - and possible fraud - associated with failed investment firm Keydata.
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Safety net may fail thousands of Keydata investors
Tourism industry calls for VAT cut
Companies that depend on tourism, including Alton Towers owner Merlin Entertainment, are backing a campaign for a VAT cut that would bring the UK into line with its Continental rivals.
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Tourism industry calls for VAT cut
Deal puts sparkle back into troubled Aurum
Aurum, Britain's biggest private jewellery business, is believed to have agreed a refinancing with its lenders that will cut its debt by more than a third.
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Deal puts sparkle back into troubled Aurum
GM ready to make more Astras in UK
General Motors is believed to have revived plans to boost production of the Astra at its Vauxhall plant in Ellesmere Port.
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GM ready to make more Astras in UK
Cadbury to stand firm on Kraft bid
Cadbury chairman Roger Carr has embarked on a transatlantic charm offensive to persuade the company's shareholders to remain firm ahead of an expected hostile takeover bid from Kraft tomorrow.
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Cadbury to stand firm on Kraft bid
Nestle in talks on Kit Kat Fairtrade certification
Britain’s best-selling chocolate bar, Kit Kat, could secure ethical certification if talks between Nestle and Fairtrade succeed.
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Nestle in talks on Kit Kat Fairtrade certification
Kraft to table ?12bn bid for Cadbury tomorrow
Kraft, the American food giant, is tomorrow expected to table a takeover bid for Cadbury, valuing the British chocolate maker at about ?12 billion.
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Kraft to table ?12bn bid for Cadbury tomorrow
Profits at Barclays to hit record ?11bn
Barclays is on target to report its biggest profits ever, despite soaring bad debts, figures will show this week.
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Profits at Barclays to hit record ?11bn
China's export hub in recovery, uncertainties remain
by Xinhua writers Zhu Shaobin, Gao Tian and Liu Min
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China's export hub in recovery, uncertainties remain
Writer Andrew Ross Sorkin: 'My goal was to put you inside the room' for financial crisis
Amazon lists 3465 books about the credit crunch. But only one gives a minute by minute account of the key characters the shouting the text messages and the furious meetings.
Middle Britain caught in blitz on tax havens
Revenue & Customs investigators are training their sights on the middle classes as part of a crackdown on tax evasion.
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Middle Britain caught in blitz on tax havens
Economic View: Maybe a New Day for Doctors’ Pay
How proposed health care bills could accelerate a move toward paying doctors by salary, not by how many procedures they perform.
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Economic View: Maybe a New Day for Doctors’ Pay
Mirror group shuts pension scheme
Newspaper group Trinity Mirror has announced the closure of its final salary pension scheme to all members.
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Mirror group shuts pension scheme
Mirror group shuts pension scheme
Newspaper group Trinity Mirror has announced the closure of its final salary pension scheme to all members.
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Mirror group shuts pension scheme
The Count: Small Businesses Hunker Down to Survive
Small businesses have cut overhead, payroll and advertising to achieve rising profits in spite of the downturn.
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The Count: Small Businesses Hunker Down to Survive
Euro Disney results to be hit by weak pound
Theme park operator Euro Disney is expected to post a sharp decline in revenue plunging it from net profit into loss when it announces its results on Thursday.
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Euro Disney results to be hit by weak pound
House, Senate health care bills detailed
WASHINGTON -- Here is a comparison of the three health care bills before Congress, including one by House Democrats and an alternative by House Republicans.
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House, Senate health care bills detailed
Barclays in bonus pledge as investment profits hold firm
Barclays will this week risk an internal backlash from its staff as it bows to public pressure and pledges to scale back cash bonuses despite reporting nearrecord investment banking profits.
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Barclays in bonus pledge as investment profits hold firm
Bond Street rings up record for shop rents
SHOP RENTS on London’s Bond Street, home to the world’s glitziest brands, are poised to defy the credit crunch and smash through ?900 per square foot — a record in Britain.
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Bond Street rings up record for shop rents
Gordon Brown triggers row with call for bank supertax
GORDON BROWN yesterday threw his weight behind a “Tobin tax” on financial transactions as a way of taxing and reining in the banks, despite warnings that such taxes are unworkable.
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Gordon Brown triggers row with call for bank supertax
Trinity Mirror closes final pension schemes
NEWSPAPER publisher Trinity Mirror is joining the list of companies closing their final-salary pension schemes to existing members.
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Trinity Mirror closes final pension schemes
Supermarkets launch massive price Christmas war
BRITAIN’s supermarket chains have launched the biggest discounting bonanza in years for this festive season, with toys, DVD boxed sets, Christmas decorations, clothes and electricals all on sale more than a month and a half before the big day.
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Supermarkets launch massive price Christmas war
GM boss Carl-Peter Forster set for Jaguar
Carl-Peter Forster, the departing boss of General Motors Europe, has been lined up to take charge of Jaguar Land Rover, the Midlands-based luxury carmaker.
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GM boss Carl-Peter Forster set for Jaguar
Secret ?165bn loan keeping Lloyds alive
LLOYDS BANKING GROUP is being kept afloat with ?165 billion of loans and guarantees from the Bank of England and other central banks around the world, The Sunday Times can reveal.
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Secret ?165bn loan keeping Lloyds alive
Alan Sugar: I’ll fire myself – that’ll learn you
Stonily quiet at the back of a big, blank office on a weird, wind-whipped Essex trading estate, Sir Alan Sugar — ’skewze me, Lord Sugar — looks small, angry and alone. The businessman’s face, normally the rough beige of a Farley’s rusk, is oddly white...
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Alan Sugar: I’ll fire myself – that’ll learn you
'I survived so please let Baby RB live too'
WHEN Vicky Rhodes was born suffering from the same condition as a baby at the centre of a right-to-life case, doctors told her parents she might become a “physical and mental vegetable”.
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'I survived so please let Baby RB live too'
Gordon Brown triggers row with call for bank supertax
GORDON BROWN yesterday threw his weight behind a “Tobin tax” on financial transactions as a way of taxing and reining in the banks, despite warnings that such taxes are unworkable.
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Gordon Brown triggers row with call for bank supertax
Government plans fasttrack nuclear expansion
The Government is set to hand an expanded role to Britain's nuclear industry and suggest more sites for new reactors as it unveils controversial guidelines for fasttracking major energy projects through the planning process.
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Government plans fasttrack nuclear expansion
US Treasury Secretary Timothy Geithner slaps down Gordon Brown's 'global tax'
The international finance community was split last night after Gordon Brown surprised world leaders by announcing that he wanted to explore a multibillion pound worldwide tax on financial transactions.
Japan on track for Warren Buffettstyle flutter
Warren Buffett's 44bn purchase of the Burlington Northern Santa Fe railway is a classic Berkshire Hathaway acquisition.
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Japan on track for Warren Buffettstyle flutter
This financial mess isn't even the end of the beginning for UK wealth
"This isn't the end. It isn't the beginning of the end. But it is perhaps the end of the beginning".
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This financial mess isn't even the end of the beginning for UK wealth
Zombies are lurking on every high street
When the chief executive of a big bank says he has been "bruised" you know there is an awful going on behind that short word.
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Zombies are lurking on every high street
Britain and U.S. Clash at G-20 on Tax to Insure Against Crises
Gordon Brown of Britain told G-20 finance ministers that the world needed a system to force banks, not taxpayers, to cover future bailouts.
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Britain and U.S. Clash at G-20 on Tax to Insure Against Crises
Windfall Is Seen as Bank Bonuses Are Paid in Stock
Bankers are likely to make unusually large gains on the stock grants and options they received after shares in their companies fell sharply during the financial meltdown.
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Windfall Is Seen as Bank Bonuses Are Paid in Stock
'Tax banks for their success and greed'
PAYBACK time for banks could be just around the corner as the G20 considers creating more taxes to keep them accountable.
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'Tax banks for their success and greed'
G-20 finance officials: Too early to end stimulus
ST. ANDREWS, Scotland -- Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured, but failed to reach a clear agreement to bear the cost of fighting climate change.
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G-20 finance officials: Too early to end stimulus
Class action suits to ensure shareholder democracy
New Companies’ Bill seeks to adopt a decentralised approach
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Class action suits to ensure shareholder democracy
Cess on petrol, diesel to finance road projects to stay
NEW DELHI: The current cess imposed on petrol and diesel to finance road projects is likely to stay at least for the next two decades. At least that is the recommendation of the special committee formed by Prime Minister Manmohan Singh to look ...
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Cess on petrol, diesel to finance road projects to stay
Syscom brings high capacity 3G SIM cards
Commissions new SIM card plant in Noida SEZ
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Syscom brings high capacity 3G SIM cards
S Tel’s telecom project achieves financial closure
CHENNAI: S Tel Private Limited (S Tel), a new entrant in the Indian GSM space, has announced the financial closure of its project with Rs. 2,000 crore outlay. Eight public sector banks led by IDBI Bank have come forward to provide the Rs. 953 ...
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S Tel’s telecom project achieves financial closure
CII to organise India IT summit
KOCHI: The Confederation of Indian Industry, Kerala State Council, will organise ‘India IT Summit 2009,’ a two-day conclave of top IT professionals and officials, from December 10, in Thiruvananthapuram. It will be a major event ...
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CII to organise India IT summit
Entrepreneur expects rise in software exports
Exports will jump to Rs. 3,000 crore in 2009-10 from Rs.1,853 crore in 2008-09
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Entrepreneur expects rise in software exports
NCME launches Gold Guinea Contract
Ties up with Muthoot Group to set up multiple delivery centres
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NCME launches Gold Guinea Contract
Bhoomi Puja held
Thiruvananthapuram: The Bhoomi Puja of Heather Dawn, a 15-villa project of Heather Infrastructure Private Ltd. at Sreekaryam here, was performed by K.I. Varghese, Deputy General Manager, Federal Bank, on Thursday. S.M. Rajeev, director, ...
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Bhoomi Puja held
Gold touches new peak
MUMBAI: Gold price continued its record journey as the metal scaled an all-time high of Rs. 16,900 (10 gram) on the bullion market here on Saturday, sparked by aggressive buying from stockists and traders following a sharp rally in the ...
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Gold touches new peak
GMR arm, Maldivian govt sign MoU
HYDERABAD: GMR Infrastructure (Global) Limited, a subsidiary of GMR Infrastructure, signed a memorandum of understanding (MoU) with Maldivian Government to upgrade an airport there to international level. The airport is located at ...
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GMR arm, Maldivian govt sign MoU
Corporation Bank opens loan syndication cell
MANGALORE: Corporation Bank has opened a loan syndication cell in Mumbai. A bank release said here that the cell was set up with a view to augmenting fee-based income of the bank. J. M. Garg, Chairman and Managing Director, inaugurated the ...
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Corporation Bank opens loan syndication cell
Avesthagen forms global joint venture
CHENNAI: Leading life sciences company, Avesthagen has announced the formation of a joint venture, Atash Seeds Pvt. Ltd., with Limagrain, an international co-operative group. Avesthagen will license its patented technologies to Atash Seeds to ...
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Avesthagen forms global joint venture
Larsen & Toubro bags Rs. 6,897 crore order
NEW DELHI: Larsen & Toubro has bagged an order worth Rs. 6,897 crore from the Maharashtra State Power Generation (Mahagenco) for manufacturing turbine generator units. The company received the order for manufacturing 3 X 660 MW ...
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Larsen & Toubro bags Rs. 6,897 crore order
Dalmia Cement’s new Marketing Head
CHENNAI: B. K. Singh joined Dalmia Cement (Bharat) as Head-Sales and Marketing and will operate from the Chennai office. Prior to joining Dalmia Cement, Mr. Singh was Vice-President, Sales and Marketing, TI Cycles of India, says a release. ...
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Dalmia Cement’s new Marketing Head
Maytas Infra bags Rs. 790 cr. highway project
HYDERABAD: Maytas Infra has been awarded the Pune-Sholapur road contract worth Rs. 790 crore from IL & FS Transportation Networks Ltd. (ITNL). The project comes as a major breakthrough for Maytas Infra which had not been able to bid for ...
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Maytas Infra bags Rs. 790 cr. highway project
RCom announces two new tariff variants
CHENNAI: Following the announcement of ‘Simply Reliance Plan’ in October offering a single tariff rate of 50 paise per minute across all services, Reliance Communications has announced two new tariff variants effective November 5. ...
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RCom announces two new tariff variants
Axis Bank’s home loan exhibitions
CHENNAI: Axis Bank is organising “home for all” expo at major locations across the country. This follows the tremendous success of a similar expo organised last year. These expositions will showcase a wide array of properties, ...
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Axis Bank’s home loan exhibitions
New range of wiring devices from Legrand
HYDERABAD: Legrand India has launched its latest range of wiring devices, ‘Arteor’, here. Unveiling the new devices at a press conference here, Yves Martinez, Managing Director, said Legrand India would be manufacturing the new ...
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New range of wiring devices from Legrand
Holiday airfares close to last year and climbing
-- If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets.
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Holiday airfares close to last year and climbing
Gordon Brown and US in G20 clash over Tobin tax on banks
A row has broken out over a possible new tax on banks just hours after Gordon Brown suggested the move, with the US signalling its opposition to the plan.
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Gordon Brown and US in G20 clash over Tobin tax on banks
US rejects Gordon Brown's G20 plans to tax transactions
Gordon Brown's plans to reform the banking system by taxing transactions has been rejected by the US.
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US rejects Gordon Brown's G20 plans to tax transactions
US rejects Gordon Brown's G20 plans to tax transactions
Gordon Brown's plans to reform the banking system by taxing transactions has been rejected by the US.
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US rejects Gordon Brown's G20 plans to tax transactions
Jobless: 10 percent is tougher than it used to be
WASHINGTON -- It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.
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Jobless: 10 percent is tougher than it used to be
Jobless: 10 percent is tougher than it used to be
WASHINGTON -- It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.
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Jobless: 10 percent is tougher than it used to be
Jobless rate surges to 10.2 percent
WASHINGTON (Reuters) - The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
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Jobless rate surges to 10.2 percent
Yemen joins gas exporter club
Yemen joined the international club of gas exporters with pumping starting at a newly built gas plant in the Gulf of Aden.
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Yemen joins gas exporter club
Pensioners to lose payment choice
New pensioners claiming the state pension will no longer be able to choose to receive it in advance from 6 April 2010.
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Pensioners to lose payment choice
Brown: G20 should consider financial transaction
Gordon Brown called on the G20 here Saturday to consider a tax on financial transactions to make banks more accountable to society.
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Brown: G20 should consider financial transaction
UK joins G20 push for world levy on banks
ST ANDREWS, Scotland (Reuters) - Britain threw its weight on Saturday behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change.
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UK joins G20 push for world levy on banks
James Hardie 'will repay $320k loan'
A $320 million government bailout of James Hardie's fund for asbestos victims will be repaid by the struggling company.
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James Hardie 'will repay $320k loan'
Brown urges G20 finance ministers to act on tackling cost of climate change
Chancellor Alistair Darling also urged them not to hold back on efforts to put economies back on a growth track.
Banks must act on refunds rules
Banks will have to change the way they deal with customers who say their cards have been fraudulently used with the correct PIN.
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Banks must act on refunds rules
China suffers most from rising trade protectionism: MOC spokesman
TIANJIN, Nov. 7 (Xinhua) -- China suffered heavily from trade protectionism which has been rising after the outbreak of the global financial crisis, a Ministry of Commerce official said here Saturday.
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China suffers most from rising trade protectionism: MOC spokesman
US-POLITICS Summary
House set to open healthcare debate WASHINGTON (Reuters) - With a close vote looming, the U.S. House of Representatives was expected to open debate on Saturday on a sweeping reform bill that would spark the biggest healthcare changes in four decades....
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US-POLITICS Summary
Complaints soar as energy bills hit hard
THE first bills revealing a nasty 22 per cent hike in electricity prices spark a surge in complaints.
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Complaints soar as energy bills hit hard
Complaints soar as energy bills hit hard
THE first bills revealing a nasty 22 per cent hike in electricity prices spark a surge in complaints.
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Complaints soar as energy bills hit hard
The Color of Money: MoneyGram settles charges of abetting fraud
In one of the largest consumer payouts of its type, MoneyGram International has agreed to fork over $18 million to the Federal Trade Commission to settle charges that it knowingly allowed con artists to use its operation to swindle U.S. consumers out...
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The Color of Money: MoneyGram settles charges of abetting fraud
Limit loss by studying up on volatility
Want to avoid big fund losses the next time the stock market falls on its keister? Spend a few minutes learning about the concept of volatility.
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Limit loss by studying up on volatility
Investing books that just keep paying dividends
Boost your investor IQ with a good book. Here are five to check out:
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Investing books that just keep paying dividends
Credit card reforms mean mailings to consumers may include big changes
Clear out the holiday catalogues, the Christmas cards and the coupons, and your mailbox may look less than festive. Now that the credit card industry is required to warn you about any changes they're planning, you should be scrutinizing what you think...
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