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Tag Archives: Rio Tinto

Overnight Market News – August 10, 2009

10-Aug-09

UK Life Insurer, Friends Provident Plc, to Enter Discussions with Resolution Ltd after Receiving Revised Offer that Values the Group at GBP 1.86B (USD 3.1B) British-Australian Mining Giant Rio Tinto’s Shares Drop on China’s Accusation that it Engaged in Commercial Espionage for 6 Years, Costing the Country USD 102B New CEO of American International Group [...]

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Overnight Market News – July 3, 2009

03-Jul-09

PVM Oil Associates Loses USD 10mm on Rouge or Unauthorized Trades, Said to Have Caused Spike in Bent Crude Market Earlier this Week The European Union (EU) to Prioritize Strengthening of Mutual-Fund Regulations, Says EU Financial Services Commission Swiss Bank HSCB Holdings Plc Asked Clients to Surrender their Right to Banking Protection Secrecy Last September, [...]

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Overnight Market News – July 2, 2009

02-Jul-09

US Labor Department Report Expected to Show that June Unemployment Spiked to a 26-Year HI of 9.6% from 9.4% in May Euro Zone Unemployment Reaches 10-Year HI of 9.5% in May from April’s 9.3% China to Fund Railway Expansion Through IPO Worth Up to USD 5B Australia’s Trade Gap Widens to a Seasonally Adjusted AUD [...]

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Overnight Market News – May 26, 2009

26-May-09

Germany Confirms Record 3.8% Drop in GDP for Q01 2009 (quarter-over-quarter) on Plunging Exports South Africa Sees First Recession in 17 Years After 6.4% GDP Contraction in Q01 2009 (yoy) Virgin Atlantic Airways Ltd Almost Doubles Annual Pre-Tax Profits to GBP 68.4mm from GBP 34.8mm on Increased Sales Rio Tinto Ltd Agrees to 33% Iron [...]

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Overnight Market News – May 15, 2009

15-May-09

Eurozone Economies Shrink 2.5% in First Quarter, Most Since 1995 General Motors Corp Close to Agreement with United Anto Workers Union (UAW) to Cut Labor Costs by Over USD 1B per Year Panasonic Corp Forecasts Larger-Than-Expected Annual Loss Following First-Quarter Net Loss of JPY 444.3B vs Net Profit of JPY 61.6B yoy Temasek Holdings Pte [...]

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