Business Stories from August 30, 2011 (Change date)
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Tourism dilemma: Irene’s gone but summer’s notAug 30, 2011 12:00 am - SPRING LAKE, N.J. — If you fix it, they will come. That’s the mantra — and the desperate hope — of tourism-dependent towns along the East Coast as they deal with the aft...
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Polish economy grows 4.3 pct on the year in Q2Aug 30, 2011 12:00 am - WARSAW, Poland — Poland’s economy grew 4.3 percent year-on-year in the second quarter, a slight slowdown over previous quarters but still one of the strongest growth rat...
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Barclays to sell 2 billion euros of three-year covered bondsAug 30, 2011 12:00 am - Barclays Bank Plc will sell 2 billion euros of three-year covered bonds at a yield of 52 basis points more than the benchmark mid-swap rate, according to a banker involv...
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Murdoch company puts other UK papers under reviewAug 30, 2011 12:00 am - LONDON — A person familiar with the matter says that a review launched at Rupert Murdoch’s News International in the wake of the tabloid phone hacking scandal will also ...
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State farm’s irene insurance claims top 17,000, led by MarylandAug 30, 2011 12:00 am - State Farm Mutual Automobile Insurance Co., the largest U.S. home and car insurer, said it has received more than 17,000 claims from damage tied to Irene. The preliminar...
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Italian borrowing rates drop in 10-year bond saleAug 30, 2011 12:00 am - MILAN — Italian borrowing rates dropped in a pair of bond sales that easily raised (euro) 6.739 billion ($9.76 billion), thanks largely to the European Central Bank’s pr...
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Russian firm teams up with ExxonMobilAug 30, 2011 12:00 am - MOSCOW — Russia’s state-owned Rosneft teamed up with U.S. company ExxonMobil on Tuesday in a multibillion deal to develop offshore oil fields in the Russian Arctic — one...
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Obama: 7 proposed regulations would exceed $1 billionAug 30, 2011 12:00 am - WASHINGTON — President Barack Obama says his administration is considering seven new government regulations that would cost the economy more than $1 billion a year, a ta...
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UOP breaks ground on Hawaii biofuel systemAug 30, 2011 12:00 am - UOP LLC, a Des Plaines-based Honeywell company, has begun construction in Hawaii of a biofuels demonstration unit that will convert forest residuals, algae and other cel...
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Business, consumer optimism slips in EuropeAug 30, 2011 12:00 am - FRANKFURT, Germany — Business and consumer optimism in the 17 countries that use the euro fell in August, reinforcing fears that the eurozone economy will slow in the mo...