Monday, December 20, 2010

Google Alert - finance

News9 new results for finance
 
Prosecutors to Sue Ernst & Young Over Lehman Collapse: Report
ABC News
BANGALORE (Reuters) - Prosecutors in New York are set to file civil fraud charges against accounting firm Ernst & Young LLC over the collapse of Lehman Brothers Holdings Inc, the Wall Street Journal said, citing people familiar with the matter. ...
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Crude Trades Close to 2-Year High as Cold Boosts Heating Demand
BusinessWeek
By Rachel Graham Dec. 20 (Bloomberg) -- Oil traded close to a two-year high as cold weather boosts demand for heating fuels in Europe and North America and amid speculation the US economic recovery will accelerate next year, increasing oil consumption. ...
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JP Morgan sticks with London by buying Lehman HQ
The Guardian
Fears that JP Morgan would quit London in protest at restrictions on bankers' bonuses melted away this morning, when it announced plans to move into the former headquarters of Lehman Brothers. JP Morgan is spending £495m acquiring 25 Bank Street in ...
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The Guardian
WORLD FOREX: Euro Under Pressure In Quiet But Nervous Trading
Wall Street Journal
By Katie Martin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The euro continued to limp along against other major currencies in European trading hours Monday, held under steady but clear pressure against the dollar and hitting a fresh record low against ...
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ECB Has 'Serious Concerns' About Irish Bank Proposals
BusinessWeek
By John Fraher and Christian Vits Dec. 20 (Bloomberg) -- The European Central Bank said it has "serious concerns" that Ireland's new banking legislation may threaten the central bank's independence and its ability to run liquidity operations. ...
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Novartis Sets $500M Russia Investment, Plant, R&D Boost
Wall Street Journal
ZURICH (Dow Jones)--Novartis AG (NVS) Monday said it will invest around $500 million in Russia over the next five years as part of efforts to better tap into one of the world's fastest growing emerging markets. As part of its strategy, Novartis struck ...
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China Stocks: Dongfang Electric, Fangda Carbon, Shanghai Maling
Bloomberg
By Bloomberg News - Mon Dec 20 07:47:29 GMT 2010 The Shanghai Composite Index, which tracks the bigger of China's stock exchanges, dropped 40.83, or 1.4 percent, to 2852.92 at the 3 pm close. The CSI 300 Index retreated 1.5 percent to 3178.66. ...
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China caps boom year for autos with Guangzhou show
Washington Post
By KELVIN CHAN AP GUANGZHOU, China -- Automakers are forecasting strong China car sales in 2011 despite the end of some government incentives as the country's second major auto show this year kicks off in the southern city of Guangzhou. ...
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EBay to Purchase Germany's Brands4friends to Boost Fashion Sales, Expand
Bloomberg
By Armorel Kenna - Mon Dec 20 09:42:40 GMT 2010 EBay Inc., the largest e-commerce marketplace, agreed to buy brands4friends, Germany's biggest online shopping club, to increase fashion sales in Europe. The cash transaction has a value of about $200 ...
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