Asian shares hit 3-week high as U.S. counts votes

November 4, 2008 on 10:18 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian shares Wednesday hit their highest in three weeks as investors welcomed the impending end to the uncertainty around the U.S. presidential election, while resource firms rose on the back of an overnight surge in oil prices.

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Asian shares hit 3-week high as U.S. counts votes

Oil falls over $1 on profit-taking

November 4, 2008 on 9:01 pm | In Business News | No Comments

PERTH (Reuters) - Oil fell more than $1 to hover below $70 a barrel on Wednesday, as investors took profit after prices leapt 10 percent in the previous session, but losses were tempered as traders awaited the results of the U.S. presidential election before making any major moves.

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Oil falls over $1 on profit-taking

Recruiters report record fall in jobs

November 4, 2008 on 7:50 pm | In Business News | No Comments

LONDON (Reuters) - Recruiters reported a record fall in job appointments and the first drop in wages for five years in October, industry group the Recruitment and Employment Confederation said in a survey …

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Recruiters report record fall in jobs

Consumer mood brightens for first time this year

November 4, 2008 on 7:28 pm | In Business News | No Comments

LONDON (Reuters) - Consumer confidence rose last month for the first time this year as falling petrol prices and a government-backed rescue package for the banking sector lifted morale, a survey showed on Wednesday.

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Consumer mood brightens for first time this year

Weight Watchers profit tops Street

November 4, 2008 on 6:24 pm | In Business News | No Comments

(Reuters) - Weight Watchers International Inc posted quarterly earnings that topped market estimates, but cut its full-year outlook to provision for expenses related to its new venture in China and certain tax charges in the UK.

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Weight Watchers profit tops Street

Oil jumps and dollar slumps

November 4, 2008 on 5:51 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil jumped more than 10 percent and gold shot higher after investors dumped the U.S. dollar on Tuesday in favour of commodities and stocks, relieved that the Election Day ends the uncertainty over who will be the next American president.

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Oil jumps and dollar slumps

Record Election Day rally for U.S. stocks

November 4, 2008 on 5:39 pm | In Business News | No Comments

NEW YORK (Reuters) - U.S. stocks had their biggest Election Day rally ever on Tuesday as investors looked forward to the end of the uncertainty surrounding the long fight for the White House, while global credit markets showed more signs of a thaw.

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Record Election Day rally for U.S. stocks

Analyst say Yahoo-Google deal may founder

November 4, 2008 on 4:34 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - The new search advertising deal between Yahoo Inc and Google Inc is unlikely to win U.S. antitrust approval, and therefore may open the door to a new bid for Yahoo from Microsoft Corp , an analyst said on Tuesday.

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Analyst say Yahoo-Google deal may founder

Oil jumps 10 percent on Saudi supply cuts

November 4, 2008 on 4:01 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices jumped more than 10 percent on Tuesday on signs Saudi Arabia and other OPEC members had made cuts in crude exports and as global financial markets rallied ahead of the U.S. election result.

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Oil jumps 10 percent on Saudi supply cuts

WestJet to expand reach via some Oneworld carriers

November 4, 2008 on 3:47 pm | In Business News | No Comments

CALGARY, Alberta (Reuters) - WestJet Airlines Inc said on Tuesday it is teaming up with some members of the Oneworld airline alliance, led by British Airways and AMR Corp’s American Airlines, to broaden the Canadian carrier’s international reach.

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WestJet to expand reach via some Oneworld carriers

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