Browsing Category News
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Japan Inc set to file for bankruptcy
Japan Airlines Corp is set to file for one of the country’s largest ever bankruptcies on Tuesday, marking the failure of the former state-owned carrier that once symbolised Japan... -
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Uganda awaits formal oilfield deal from firms
Uganda’s oil minister said Kampala was waiting for documents about the sale of Heritage Oil’s assets, and stressed that neither Heritage nor partner Tullow Oil had consulted th... -
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China fuel exports seen flat to lower
February gasoline exports will likely remain steady versus January levels due to high refinery runs, though icy weather has disrupted some cargo flows at northeastern ports, they s... -
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UN to launch Haiti appeal for $550m
Thousands of people injured in Tuesday’s massive earthquake in the Caribbean country spent another night waiting for help, many lying on sidewalks, as their despair turned to ang... -
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Car makers may face tougher CO2 curbs
The 27-country bloc has set manufacturers a goal of cutting emissions from new cars by around 15 percent by 2015, after a lengthy battle that pitted environmentalists against auto-... -
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UN sanctions no deterrence for Eritrean mining
Eritrea is seen on the threshold of a mining boom, with hopes it may boost an agriculture-based economy that has suffered from irregular rainfall. The UN voted last year to punish ... -
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Japan retail mutual funds value jumps in 2009
The value of Japanese trust funds aimed at retail investors rebounded 18 percent in 2009 as global share prices and economies recovered from the previous year’s financial crisis,... -
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Greece pledges to cut deficit
Greece’s three-year fiscal consolidation plan targets a budget deficit of 2.8 percent of GDP in 2012, the finance minister has announced. Greece, whose fiscal ills have prompted ... -
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Manila may issue up to $1bn in Samurai bonds
The Philippines may raise up to $1bn from a planned Samurai bond issue, up from its previous plan of $500m, if it gets favourable pricing and good demand, a senior government offic... -
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EU trade chief nominee backs Russia’s WTO entry
The nominee to be the European Union’s trade chief said this week that he supported Russia’s accession to the World Trade Organisation. Karel de Gucht told a hearing in the Eur...
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