Japan poised to join global round of rate cuts

October 30, 2008 on 11:32 pm | In Business News | No Comments

TOKYO/HONG KONG (Reuters) - Japan is expected to cut interest rates on Friday, joining a growing wave of central banks that are shifting from stabilising credit markets to slashing …

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Japan poised to join global round of rate cuts

Asian shares fall to worst month ever

October 30, 2008 on 11:17 pm | In Business News | No Comments

HONG KONG (Reuters) - Most Asian shares fell on Friday as concerns over the global economy and caution ahead of a Bank of Japan rate decision halted a powerful three-day rally, sending safer havens such as regional bonds and the yen higher.

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Asian shares fall to worst month ever

Barclays in talks to raise £6 billion

October 30, 2008 on 10:38 pm | In Business News | No Comments

LONDON (Reuters) - Barclays is close to raising about 6 billion pounds from a number of potential investors and could announce details on Friday, a person familiar with the matter said.

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Barclays in talks to raise £6 billion

Barclays close to raising £6 billion

October 30, 2008 on 8:49 pm | In Business News | No Comments

LONDON (Reuters) - Barclays is close to raising about 6 billion pounds from a number of potential investors and could announce details on Friday, a person familiar with the matter said.

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Barclays close to raising £6 billion

Online sales fall for first time

October 30, 2008 on 8:18 pm | In Business News | No Comments

LONDON (Reuters) - Britain’s online retailers have suffered a monthly traffic fall for the first time since records began three years ago, researchers Experian said on Friday.

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Online sales fall for first time

Credit crisis hits consumer morale

October 30, 2008 on 8:13 pm | In Business News | No Comments

LONDON (Reuters) - The global financial crisis weighed heavy on consumer morale in October and fears about banks’ stability and the economy made people reluctant to save or spend, a survey showed on Friday.

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Credit crisis hits consumer morale

Global stocks rise on optimism as oil slides

October 30, 2008 on 4:43 pm | In Business News | No Comments

NEW YORK (Reuters) - Stocks rallied around the world on Thursday on optimism that interest rate cuts by the U.S. Federal Reserve and other central banks will ease …

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Global stocks rise on optimism as oil slides

World auto outlook weakens on crisis

October 30, 2008 on 4:37 pm | In Business News | No Comments

TOKYO/FRANKFURT (Reuters) - Slowing economies around the globe and the widespread credit crisis caused the largest auto industry companies to slash full-year profit targets, warn of job losses and push for speedy government handouts.

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World auto outlook weakens on crisis

Lloyds-HBOS deal seen set for approval

October 30, 2008 on 4:16 pm | In Business News | No Comments

LONDON (Reuters) - Business Secretary Peter Mandelson will confirm on Friday that Lloyds TSB Group’s takeover of rival bank HBOS can go ahead despite competition concerns, Sky News reported on Thursday.

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Lloyds-HBOS deal seen set for approval

Exxon and Shell profits soar but oil dip hits shares

October 30, 2008 on 4:09 pm | In Business News | No Comments

NEW YORK (Reuters) - Exxon Mobil topped its own record for the biggest U.S. quarterly operating profit and Royal Dutch Shell earnings beat market forecasts on Thursday, helped by high oil prices and fatter refinery margins.

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Exxon and Shell profits soar but oil dip hits shares

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