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Business - Page 1497

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Apple chief says iPhone software sales take off: report

In the month since Apple Inc opened the App Store, an online software clearinghouse, users have downloaded more than 60 mln programs for the iPhone, Chief Executive Steve Jobs told The Wall

11th August 2008
Business

UPS in talks to buy Dutch rival TNT: source

U.S. delivery company United Parcel Service is in talks to buy Dutch rival TNT NV, a source familiar with the talks said. The person, who declined to be identified because the talks

11th August 2008
Business

GDF Suez closes $3.25 bln financing for Qatari desal

GDF Suez Energy International, in a consortium with Mitsui, Shikoku Electric Power Company, and Chubu Electric Power Company, its partners Qatar Electricity and Water Co., and Qatar Petroleum completed the limited-recourse financing

8th August 2008
Business

RBS slumps to loss after 5.9 bln stg writedown

Royal Bank of Scotland fell to a first-half loss of 691 million pounds ($1.35 billion), one of the biggest losses in UK corporate history but not as bad as expected, after taking

8th August 2008
Business

Euro falls after ECB growth warning; stocks mixed

The euro tumbled to a 5-month low against the dollar after the European Central Bank's chief highlighted downside growth risks and oil prices fell, while European stocks halted a global sell-off in

8th August 2008
Business

Accounting disclosures show comparability constraints by Europe’s carmakers

In the fifth of six planned Special Comments outlining accounting observations on the 2007 results of companies in key sectors, Moody's Investors Service examined the accounting disclosures of Europe's rated automotive manufacturers

8th August 2008
Business

U.S. dollar rallies on dim global growth outlook

The U.S. dollar rose sharply to a five-month high against the euro and Asian stocks fell on Friday, as investors expected the malaise that has afflicted the U.S. economy would spread to

8th August 2008
Business

Europe shares dip; financials show crunch damage

LONDON, Aug 7 (Reuters) – European shares ended Thursday's choppy session down slightly as concern about the reach of the credit crunch offset a potentially supportive shift in market expectations for no

7th August 2008
Business

ECB holds interest rates at 4.25% as expected

FRANKFURT, Aug 7 (Reuters) – The European Central Bank left rates unchanged at a near 7-year high of 4.25 percent on Thursday, confirming financial market expectations that rates would not change so

7th August 2008
Business

BoE leaves UK rates at 5%, no move likely soon

The Bank of England held interest rates at 5.0 percent on Thursday for the fourth straight month, and borrowing costs are expected to remain on hold for a while as policymakers balance

7th August 2008
Business
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