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03/10/2010 08:50 PM |
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Turkish PM rules out IMF stand-by deal |
ISTANBUL (AFP) - Turkey will not sign a loan stand-by deal with the IMF as it does not need emergency funds, the premier said Wednesday, ending nearly two years of talks dogged by disagreement on key issues.
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03/10/2010 08:35 PM |
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EU probe into transatlantic airline alliance nears end |
BRUSSELS (AFP) - European competition enforcers on Wednesday indicated that a probe into a transatlantic tie-up between British Airways, American Airlines and Iberia may be about to close.
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03/10/2010 08:20 PM |
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German exports post unexpected drop in January |
FRANKFURT (AFP) - German exports dropped by an unexpectedly sharp 6.3 percent in January from the previous month, official statistics showed on Wednesday, though order levels suggest they should rise again soon.
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03/10/2010 08:19 PM |
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Tourism eyes sunnier days as world's top fair opens |
BERLIN (AFP) - The world's largest tourism fair, the ITB, kicked off Wednesday in Berlin with the global travel industry hoping for better times following a crisis-hit 2009.
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03/10/2010 07:57 PM |
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Pension agency ups alternative assets |
LONDON (Reuters) - The agency which steps in to pay pensions when a firm goes bust has earmarked up to a quarter of assets to alternatives like hedge fund-style products and private equity as it seeks to boost diversification and returns.
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03/10/2010 07:17 PM |
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EU crisis fund idea puts eurozone at 'crossroads' |
FRANKFURT (AFP) - Controversy over the future of the eurozone after the Greek crisis is at a new pitch over ideas for a rescue fund.
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03/10/2010 06:48 PM |
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Oil prices claw back ground |
LONDON (AFP) - World oil prices firmed on Wednesday before the eagerly-awaited weekly snapshot on US energy inventories in leading consumer the United States.
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03/10/2010 06:35 PM |
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OPEC raises oil demand forecast, warns on recovery |
VIENNA (AFP) - The OPEC oil producers' cartel on Wednesday slightly upgraded its forecast for modest growth in world oil demand this year but warned that the slow pace of economic recovery was clouding the outlook.
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03/10/2010 06:12 PM |
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Euro dogged by downbeat German exports data |
LONDON (AFP) - The euro pulled lower against the dollar on Wednesday in the wake of disappointing data in Germany, while traders tracked Europe's public debt woes, analysts said.
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03/10/2010 06:08 PM |
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Chile quake to cost insurers 'up to $7 bln' |
ZURICH (AFP) - Reinsurance giant Swiss Re on Wednesday estimated that insurers will have to pay up to 7.0 billion dollars (5.16 billion euros) for damages arising from the deadly earthquake in Chile.
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