Thwarted bailout hammers Asia stocks

September 29, 2008 on 11:35 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian stocks tumbled, putting them on course for the biggest monthly decline in more than a decade, and the …

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Thwarted bailout hammers Asia stocks

U.S. bailout failure sends markets reeling

September 29, 2008 on 10:40 pm | In Business News | No Comments

HONG KONG (Reuters) - Panic gripped markets after U.S. lawmakers unexpectedly rejected a $700 billion (388 billion pound) bailout plan for the financial industry, with Asian stocks opening sharply lower after Wall Street’s biggest fall since the crash …

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U.S. bailout failure sends markets reeling

Rejected bailout drags down Asia stocks

September 29, 2008 on 9:54 pm | In Business News | No Comments

HONG KONG, Sept 30 (Reuters) - Asian stocks dropped sharply and the yen hit a 4-month high on Tuesday, after U.S. lawmakers’ shock rejection of a $700 billion (388 billion pound) effort to end financial panic triggered the biggest fall in the U.S. S&P 500 since the 1987 stock market crash.

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Rejected bailout drags down Asia stocks

Oil steady above $96 after diving on financial turmoil

September 29, 2008 on 9:10 pm | In Business News | No Comments

PERTH (Reuters) - Oil steadied at just above $96 a barrel on Tuesday, after slumping almost 10 percent in the previous session as fear gripped financial markets in the wake of U.S. lawmakers’ shock rejection of a $700 billion rescue plan.

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Oil steady above $96 after diving on financial turmoil

Consumer mood steadies in September

September 29, 2008 on 8:22 pm | In Business News | No Comments

LONDON (Reuters) - Consumer confidence picked up at the start of September before financial market turmoil wiped out those gains later in the month, a survey showed on Tuesday.

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Consumer mood steadies in September

Dow in record drop on bailout rejection

September 29, 2008 on 7:35 pm | In Business News | No Comments

NEW YORK (Reuters) - The Dow industrials plunged on Monday in their biggest decline ever after U.S. lawmakers unexpectedly rejected a $700 billion (377 billion pound) financial bailout, spooking investors who fear for the future of global markets and the U.S. economy.

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Dow in record drop on bailout rejection

Telcos and IT companies unite to promote mobile broadband

September 29, 2008 on 7:05 pm | In Business News | No Comments

LONDON (Reuters) - A group of 16 leading telecoms and IT companies is uniting to promote mobile broadband in a marketing initiative worth more than $1 billion (555 million pounds) over the next year under the auspices of the GSM Association.

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Telcos and IT companies unite to promote mobile broadband

U.S. awards BAE 246 million pound contract

September 29, 2008 on 6:41 pm | In Business News | No Comments

WASHINGTON (Reuters) - The U.S. Army has awarded BAE Systems’ Tactical Vehicle Systems unit a $443 million (246 million pound) contract to supply 10,000 medium tactical vehicles.

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U.S. awards BAE 246 million pound contract

Bradford & Bingley nationalised

September 29, 2008 on 6:34 pm | In Business News | No Comments

LONDON (Reuters) - Bradford & Bingley was nationalised on Monday, making the buy-to-let mortgage lender the second UK bank to be taken into public ownership this year as a deepening financial crisis claims victims around the world.

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Bradford & Bingley nationalised

Bradford & Bingley nationalised

September 29, 2008 on 6:34 pm | In Business News | No Comments

LONDON (Reuters) - Bradford & Bingley was nationalised on Monday, making the buy-to-let mortgage lender the second UK bank to be taken into public ownership this year as a deepening financial crisis claims victims around the world.

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Bradford & Bingley nationalised

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