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Nuke sub heads indian weapons buying spreeIndia is joining the elite club of nations having submarines capable of deploying nuclear weapons as it leases an Akula class boat from Russia. |
Today: 17:12
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Eurozone finances: Pouring oil on waterIf eurozone countries do not make necessary steps to restructure their debts, the current period of calm, may quite be calm before the storm. |
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Death by a thousand cuts at Yahoo?Yahoo is to become “smaller, nimbler, more profitable” according to its CEO Scott Thompson, and the first step is to get rid of 2,000 staff. The internet company is cutting 14 percent of its work force as it tries to turn itself around. |
Today: 15:14
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Groupon isn’t a hot deal anymoreGroupon Inc, the world's largest coupon provider, is in the doldrums as investors, shareholders and even users question the company’s prospects following the revision of fourth quarter results. |
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Today: 13:14
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Russia loses third of its booze producersThe number of alcohol producers in Russia has sharply dropped after the government tightened the legislation to obtain a license. |
Today: 09:37
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Market Buzz: Backslide looms after steady growthRussian markets could open lower, proving sensitive to the news from the US floors, analysts say. |
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03.04, 18:51
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Who wants to be a millionaire?Amid the current economic turmoil Europeans seem to have less money in their pockets. However, personal financial health is bothering Europeans in various degrees. |
03.04, 13:44
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Russian bonds riding a wave of successRussian companies have become attractive borrowers as they placed a record 317 billion roubles ($10.8 billion) in Eurobonds in the first quarter of 2011, exceeding pre-crisis level. |
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03.04, 13:38
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Changes to Russian company law to boost investmentA shake up of the legal system being proposed by President Dmitry Medvedev should help business and shareholders. |
03.04, 09:59
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Market Buzz: Russian markets ready to riseRussian stocks are likely to open higher on Tuesday trying to win back losses of the previous week. |
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02.04, 20:33
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Soaring unemployment adds pressure to eurozoneFears of a recession in the eurozone are mounting as the region’s unemployment has hit a 13-year record. |
02.04, 17:35
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Global Payments says "only" 1.5 million accounts were exportedThere’s been some relief for Global Payments, a major US credit card processor, who said only 1.5 million accounts, and not 10 million, were affected in a data breach. However, the consequences may be dire for both the company and victims. |
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02.04, 16:00
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PMI mixed bag: China up, eurozone upsetsThe Purchasing Managers Indices around the globe show a mixed picture on global manufacturing activity. With euro zone results significantly down, and a mixed outlook for China and the UK investors are puzzled. |
02.04, 15:34
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Norway’s gigantic wealth fund to cut Europe exposureNorway's sovereign wealth fund, which is Europe's biggest equity investor, is set to cut its European exposure, raising investments in emerging markets and Asia-Pacific. |
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02.04, 13:48
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Russia looks to nuclear power expansion in UKRussia’s state-owned nuclear holding company Rosatom is considering building two atomic power stations in the UK through buying a $24 million stake in Horizon project. |
02.04, 10:00
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Market Buzz: On the wave of positive newsRussia’s stocks are expected to open higher on Monday amid stronger consumer data from the U.S., the European rescue fund deal and stable oil prices. |
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30.03, 20:22
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Consumer spending not oil to boost Russian growthGoldman Sachs is predicting a 5% growth in Russian GDP on the back of growing investment and domestic consumption. |
30.03, 20:04
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Spain tightens belt despite protests amid growing concern over its fiscal healthAs Spain struggles to cope with the country’s debt crisis, the government has announced the raising of corporate taxes and cuts in public spending to trim this year’s deficit by more than a third. |
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30.03, 18:00
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Pensions gap a global problemThe retirement age across the world should be raised to 67 years otherwise the world could plunge into a global pension crisis. |
30.03, 17:24
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Big boost for eurozone rescue fundEurozone finance ministers have agreed to increase the bailout funds by more than half, raising its capacity to 800 billion euro from the previous 500 billion euro. |
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