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The Earth Times Online Newspaper - General News - Nov 12, 2008
Paris - After denying that it had lost nearly 1 billion euros (1.26 billion dollars) in trading last month, French investment bank Natixis on Wednesday said it had incurred losses of about one fourth that amount. In a …
The Earth Times Online Newspaper - General News - Oct 13, 2008
Stockholm - The 2008 Nobel Prize for Economics was awarded Monday to Paul Krugman of the United States, the Royal Swedish Academy of Sciences announced, citing his work on international trade and economic geography …
The Earth Times Online Newspaper - General News - Sep 15, 2008
Brussels - The Dutch government on Monday vetoed European Union attempts to implement a trade deal with Serbia, saying that Belgrade is still not cooperating fully with international war-crimes prosecutors. There is …
The Earth Times Online Newspaper - General News - Sep 15, 2008
Washington - US stocks were poised for a massive sell-off Monday after embattled investment bank Lehman Brothers Holdings filed for bankruptcy - one of many financial firms in turmoil amid a significant broadening ...
The Earth Times Online Newspaper - General News - Aug 31, 2008
Frankfurt - Germany's Commerzbank AG triggered a major reshaping of the country's fragmented banking business Sunday when it agreed Sunday to pay 9.8 billion euros (14.4 billion dollars) to buy rival Dresdner …
The Earth Times Online Newspaper - General News - Aug 20, 2008
Berlin - German Chancellor Angela Merkel's ruling coalition unveiled Wednesday new far-reaching rules to head off powerful foreign-owned state-controlled funds going on a shopping spree for companies in Europe's …
The Earth Times Online Newspaper - General News - finance - Aug 14, 2008
Berlin - The German economy shrank for the first time in almost four years, data released Thursday showed, falling by 0.5 per cent in the second quarter. But the slump was less than expected, with economists having …
The Earth Times Online Newspaper - General News - Jul 30, 2008
Washington - The International Monetary Fund Wednesday suggested the United States should sharply raise interest rates to ward off inflation threats as the economy improves and turmoil in financial markets begins to …
The Earth Times Online Newspaper - Jul 24, 2008
Moscow - Russian tycoon Roman Abromovich has agreed to run for a seat in regional legislative elections, a move likely to see him head the parliament in a remote Far Eastern region. The Chelsea football club owner …
The Earth Times Online Newspaper - Jul 24, 2008
Zurich - Swiss banking giant Credit Suisse said Thursday it returned to the black in the second quarter of 2008, with net earnings of 1.2 billion francs (1.16 billion dollars). The figure was 62 per cent below the …