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China sees inflation jump to 5.1%, a 28-month high

posted by maryleaf 533 days ago in GDP

The inflation rate, measured by the consumer price index, rose 5.1% year-on-year in November, an increase that was above market expectations.

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November jobs report: Unemployment rate up

posted by maryleaf 540 days ago in Employment

The government's monthly labor report threw a curve ball Friday morning as November's job growth came in far lower than expected and the unemployment rate rose to 9.8%.

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WTO calls for end to EU duties on Chinese screws

posted by maryleaf 540 days ago in Trade

The ruling by the World Trade Organization (WTO) marks the first time the trade body has ruled against the EU in favour of China. The panel of WTO experts said the EU's import duties broke trade rules and said they must be revised.

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China moves again to control inflation

posted by maryleaf 554 days ago in Inflation

China's central bank has raised the amount of money that lenders must keep in reserve, as it moves again to try to control the country's high inflation.

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UK economy grows a faster-than-expected 0.8%

posted by maryleaf 578 days ago in GDP

The UK's economy grew at 0.8% between July and September, official figures show, suggesting the economy is recovering faster than expected.

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Disclose agent commissions to customers: IRDA

posted by maryleaf 760 days ago in Consumer

Life insurance firms will now have to spell out to customers the commission they pay to agents on each policy.

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US house prices up for fifth month

posted by maryleaf 879 days ago in Fundamental made popular 879 days ago

US house prices rose in October for the fifth month in a row, according to a leading index.

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Lehman administrators PwC repay $11bn to creditors

posted by maryleaf 879 days ago in Agriculture made popular 879 days ago

Administrators of the collapsed investment bank Lehman Brothers have agreed a plan to return $11bn (£6.9bn) to former investors.

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London 'damaged' by bonus tax, Barclays chief says

posted by maryleaf 890 days ago in Agriculture made popular 890 days ago

London's role as a leading financial hub may be "damaged" by the new bonus tax, Barclays chief John Varley has told the BBC.

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BP oil refinery workers in Texas win damages of $100m

posted by maryleaf 890 days ago in Weekly made popular 890 days ago

A US jury has awarded $100m (£62m) in damages to 10 workers who said a leak at a BP oil refinery in Texas in 2007 had made them sick.

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GM to 'wind down' Saab business

posted by maryleaf 890 days ago in Fundamental, Monthly

GM says it has failed to sell its Swedish car brand Saab and will begin "an orderly wind-down of Saab operations".

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Stocks, Metals Rise on Dubai Debt Talks, Manufacturing Order

posted by maryleaf 907 days ago in Retail Sales, Employment, Manufacturing made popular 907 days ago

Stocks gained from London to Hong Kong as concern about Dubai’s debt eased and metals prices rose after U.S. manufacturing expanded for a fourth straight month.

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