Finance
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Euro drops due to Germany forecastDec 07, 2012 6:30 am - The euro declined against most of its 16 major peers after the Bundesbank lowered its 2013 forecast for economic expansion in Germany, following the European Central Ban...
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Oil rises ahead of China economic dataDec 07, 2012 6:19 am - Oil prices rose moderately Friday, clawing back some of the ground lost during a sharp sell-off the day before, as traders awaited a slew of economic data from China. Be...
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U.S. stock futures drop before jobs reportDec 07, 2012 6:13 am - U.S. stock-index futures declined before reports that may show November jobs growth slowed and the unemployment rate remained unchanged at 7.9 percent in the world’s lar...
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ECB cuts growth outlook for eurozone, holds ratesDec 06, 2012 10:25 am - The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic growth in 2013 from plus...
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U.S. unemployment aid applications dropDec 06, 2012 7:37 am - The number of people seeking U.S. unemployment aid fell sharply last week as a temporary spike caused by Superstorm Sandy has faded. Weekly applications have fallen back...
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Euro stocks rise on U.S. optimismDec 06, 2012 6:28 am - European stocks rose to an 18-month high on optimism U.S. lawmakers will reach a budget deal. Italian bonds retreated for a second day after support dwindled for Prime M...
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H&R Block 2Q loss narrows as revenue risesDec 06, 2012 6:22 am - H&R Block’s fiscal second-quarter loss narrowed, helped by cost-cutting efforts. Revenue climbed mostly because of a strong tax season in Australia. The nation’s larges...
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Gold predicted to decline in 2013Dec 06, 2012 6:20 am - BNP Paribas SA lowered its 2013 gold price forecast to $1,865 an ounce from $1,900 an ounce. Prices will average $1,780 an ounce in 2014, for the first annual decline in...
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Bank of England: no change in base rate, stimulusDec 06, 2012 6:16 am - The Bank of England has left its base interest rate unchanged and has not authorized any additional stimulus measures, a decision which was widely expected by the market...
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U.S. stocks little changed before jobs reportDec 06, 2012 6:13 am - U.S. stock-index futures were little changed before a report on initial jobless claims and interest- rate announcements in the euro area. Garmin Ltd., the biggest maker ...