Friday, February 10, 2012
Overall market activity resulted from trading in 10 securities of which two advanced, three declined and five traded firm.
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Friday, February 10, 2012
Oil prices rose to US$100 a barrel on Thursday, helped by US jobs data and investors’ faith in a bailout deal for Greece.
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Friday, February 10, 2012
Cabinet yesterday agreed to give the Ministry of Energy the green light to start negotiations with a consortium of Saudi Arabian and Chinese companies on its proposal to construct two petrochemical complexes totalling US$5.3 billion, Energy Minister...
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Friday, February 10, 2012
More than two years after it came clean about its addiction to debt, Greece may finally have begun its long and painful road to recovery.
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Friday, February 10, 2012
Greece’s political leaders yesterday agreed to steep government cutbacks and economic reforms to qualify for a €130 billion (US$170 billion) bailout from other countries in Europe and around the world.
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Friday, February 10, 2012
Markets were shored up by the news that Greece's party leaders agreed a deal on new cuts that are necessary for the country to get crucial bailout funds.
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Thursday, February 9, 2012
Facebook unveiled plans for the biggest ever Internet initial public offering (IPO) that could raise as much as US$10 billion, but made it clear chief executive officer Mark Zuckerberg will exercise almost complete control over the company, leaving...
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Thursday, February 9, 2012
Markets were cautious yesterday as investors waited for Greek political leaders to endorse an austerity plan that would allow the country to claim its second bailout.
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Thursday, February 9, 2012
Overall market activity resulted from trading in seven securities of which three advanced, none declined and four traded firm.
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Thursday, February 9, 2012
Interest in US energy companies spiked in 2011 as buyers clamoured for more access to oil-rich layers of North American shale, a consulting and accounting firm said yesterday.
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