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Royal Bank of Scotland chief to forgo bonus

February 23, 2010

LONDON — Royal Bank of Scotland PLC chief Stephen Hester intends to decline his bonus for 2009, making him the third major British banking […]

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Best Brazil Holiday Sales Since 2001 Buoy Renner

December 15, 2009

Brazilian store owners expect the best holiday sales in eight years as government tax cuts and a revival in consumer finance bolster demand.
Sales […]

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Dollar gains against yen and euro

December 3, 2009

The U.S. dollar firmed against the yen Wednesday after Japan’s prime minister said the yen’s rise cannot be left "as it is," prompting speculation […]

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Bruised Lloyds gets OK for record cash call

November 26, 2009

UK bank Lloyds’ army of small investors grilled executives for over three hours on Thursday over secret central bank loans and mistakes made during […]

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Madoff shared prison cell with drug dealer

October 21, 2009

Epic swindler Bernard Madoff shared a prison cell with a 21-year-old drug dealer, and other fellow inmates included a spy and a mob boss […]

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Ford and UAW nearing agreement on contract changes

October 10, 2009

Ford Motor Co is getting close to a deal revising its contract with the United Auto Workers, according to a person briefed on six-week-old […]

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St. Thomas jobs could be saved, CAW suggests

September 27, 2009

The Canadian Auto Workers union says it might not oppose the closing of a southwestern Ontario auto plant if Ford will commit to creating jobs […]

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Inflation remains below zero

September 18, 2009

OTTAWA–Canada’s annual inflation rate remained firmly in negative territory in August for the third consecutive month and economists now believe the Bank of Canada […]

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Analysts see nascent recovery for U.S. airlines

September 11, 2009

U.S. airlines are coming back into favor with analysts amid more competitive pricing and evidence the global economy is on a recovery path.
“We have […]

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St. Louis borrowers struggling, but seeing less foreclosure than nationwide

August 26, 2009

While borrowers in Missouri are struggling just like everywhere, they appear less likely to lose their home to foreclosure than the nation as a […]

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