Browsing All Posts By Kurt Osterberg
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German unemployment falls to 20 year low
Unemployment in Germany fell for a 23rd straight month in May the Federal Labour Agency in Nuremberg said on Tuesday. The decline in unemployment is said to be largely due to increased spending by c... -
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Japan’s April car production drops by half
Japanese car manufacturers Honda and Toyota reported on Friday a global production drop of around half for April compared to figures the same period last year. Toyota reported a 47.8 percent slump in ... -
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Hunt for new IMF head; Foxtel expands
French finance minister Christine Lagarde late on Wednesday formerly launched her bid to lead the IMF as managing director. Lagarde, a former corporate lawyer, is the favourite to succeed Dominique S... -
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Greece debt crisis reaches stalemate
The head of Greece’s conservative party, Antonis Samaras, announced late on Tuesday that he would not back a further €6bn austerity measure to reduce the country’s deficit. The political stalem... -
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Sony predicts $3.2bn loss
Electronics giant Sony announced late on Monday a revised surprise $3.18bn net loss for the fiscal year that ended in March. It originally posted a profitable projection of $857m in February. The com... -
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Ryanair profit rises 26%
Low cost airline Ryanair posted a 26 percent profit increase to €401m in the year to March compared to €319m the previous year. Revenue rose 21 percent to €3.63bn from €2.98bn year-on-year du... -
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Tepco president resigns after record $15bn loss
Tokyo Electric Power, the operator of the Fukushima Daiichi power plant hit by the tsunami in March, announced on Friday an all time high $15bn net loss due to the disaster which destroyed four of its... -
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Strauss-Kahn resigns as head of IMF
Dominique Strauss-Kahn has resigned as head of the IMF according to a statement issued late on Wednesday by the global finance body. Strauss-Kahn, who faces charges of sexual assault and attempted ra... -
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Dell profits triple
Texas-based technology company Dell reported late on Tuesday that its Q1 profits had almost tripled due to stronger than expected big business sales. Net income according to the company jumped to $945... -
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BP-Rosneft £10bn deal collapses
BP’s attempt to gain a grip in Russia’s Arctic oilfields through a £10bn share swap deal with state controlled company Rosneft has collapsed after BP failed to address a dispute and reach an agre...
Top Posts
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The Importance for Individuals to Use Sustainable Chemicals
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Small Businesses: Finding the Right Candidate for the Job
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How to Write the Perfect Thank You Letter After Your Job Interview
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3 Best Large-Cap Blend Mutual Funds For Enticing Returns
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China suspected in massive breach of federal personnel data
