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Miner BHP Billiton sees 10 pct output growth in 08/09

SYDNEY (Reuters) - Mining giant BHP Billiton expects to grow its production volumes over the next 12 months by 10 percent despite some softening in demand from its biggest growth driver, China, the group’s …

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Miner BHP Billiton sees 10 pct output growth in 08/09

Ex-Bank official says Fed cuts went too far

NEW YORK (Reuters) - The Federal Reserve’s decision to cut interest rates in response to the U.S. financial market crisis of the past year is a bad mistake that will lead to higher inflation, a former Bank of England official said on Saturday.

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Ex-Bank official says Fed cuts went too far

Former Bank official says Fed rate cuts went too far

NEW YORK (Reuters) - The Federal Reserve’s decision to cut interest rates in response to the U.S. financial market crisis of the past year is a bad mistake that will lead to higher inflation, a former Bank of England official said on Saturday.

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Former Bank official says Fed rate cuts went too far

Oil falls sharply and stocks gain on Lehman hopes

NEW YORK (Reuters) - Oil prices fell sharply on Friday in their biggest one-day slide since 2004, helping lift stocks that rallied early in the day on hopes battered U.S. investment bank Lehman Brothers will gain a major investor.

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Oil falls sharply and stocks gain on Lehman hopes

Bernanke says U.S. inflation outlook “uncertain”

JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday said the stronger dollar and lower oil prices, along with the weak economy, should curb inflation, in a hint that interest rates would stay on hold, though he warned the inflation outlook is “highly uncertain.”

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Bernanke says U.S. inflation outlook “uncertain”