Stimulus, not tax needed: Geithner
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Reuters - Sat 07 Nov, 08:09 PM
ST ANDREWS, Scotland (Reuters) - U.S. Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behaviour.
G20 pledge to support economy until recovery firms
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Reuters - Sat 07 Nov, 07:26 PM
ST ANDREWS, Scotland (Reuters) - Group of 20 finance ministers and central bankers pledged on Saturday to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.
UK gives impetus to global banks tax
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Reuters - Sat 07 Nov, 06:45 PM
ST ANDREWS, Scotland (Reuters) - Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly.
U.S. jobless rate at 26 year record
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Reuters - Sat 07 Nov, 05:29 PM
WASHINGTON (Reuters) - The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
G20 to keep stimulus till recovery assured - draft
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Reuters - Sat 07 Nov, 02:56 PM
ST ANDREWS (Reuters) - Global economic conditions have improved but are still uneven and dependent on policy support, according to a draft of the G20 finance ministers' and central bankers' end-of-meeting communique.
FTSE rises after volatile session [at Financial Times]
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Financial Times
- Fri 06 Nov, 11:30 PM
Rio Tinto was in the spotlight on Friday amid talk that shareholders could vote down a proposed joint venture with BHP Billiton.
Bondholders remain wary of inflationary pressures [at Financial Times]
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Financial Times
- Fri 06 Nov, 09:20 PM
"Nurse! Take dictation!" The UK economy is still officially very sick but the Bank of England might soon be getting out its writing paper.
W.House to advance new jobs measures soon-official
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Reuters - Fri 06 Nov, 07:33 PM
WASHINGTON (Reuters) - U.S. President Barack Obama's administration is looking to move forward in the coming weeks, not months, on several options to boost job creation, a senior White House official said on Friday.
Large donations hold up despite recession
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Financial Times
- Fri 06 Nov, 06:30 PM
UK charities have not suffered as badly as many had feared during the economic downturn, according to a report released this week by Coutts, the private bank, and researchers at the University of Kent.
FTSE up on third day of gains
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Reuters - Fri 06 Nov, 05:17 PM
LONDON (Reuters) - The leading share index rose for the third day in a row on Friday, reversing earlier losses after the release of bearish U.S. jobs data, on a belief the sell-off had been overdone.
FTSE ends higher [at Financial Times]
05:05 PM
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Financial Times
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Obama calls jobless rise "sobering"
05:00 PM
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Reuters]
IMF warns G20 on cutting support too fast
04:30 PM
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Reuters]
EU finmins to firm up pledge for 2011 fiscal exit
02:53 PM
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Reuters]
FTSE falls after jobs data [at Financial Times]
02:40 PM
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Financial Times
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Ukraine pays Russian gas bill
02:30 PM
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Financial Times
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U.S. unemployment rate hits 10.2 percent
02:13 PM
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Reuters]
U.S. jobless, the lagging indicator, still sagging
02:03 PM
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Reuters]
Pound falls vs dollar after U.S. data
01:49 PM
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Reuters]
FTSE falls to session low after US jobs data [at Financial Times]
01:45 PM
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Financial Times
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U.S. October jobless rate 10.2 percent
01:45 PM
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Reuters]
Sainsbury H1 profit seen up 16 percent
01:43 PM
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Reuters]
CORRECTED - U.S. October jobless rate 10.2 percent
01:40 PM
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Reuters]
U.S. Oct. jobless rate hits 10.2 percent
01:33 PM
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Reuters]
Producer input price inflation jumps
12:37 PM
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Reuters]
Oil slips back under $80 a barrel
12:31 PM
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Reuters]
Oil slips under $80 before U.S. jobs data
12:19 PM
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Reuters]
Banks help FTSE gain 0.2 percent
11:52 AM
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Reuters]
BA flies high as FTSE holds its ground [at Financial Times]
11:36 AM
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Financial Times
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G20 agree too early to remove stimulus - Darling
11:09 AM
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Reuters]
FTSE rises, led by banks
09:28 AM
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Reuters]
BA flighs high as FTSE holds steady [at Financial Times]
09:10 AM
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Financial Times
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FTSE holds steady ahead of US data [at Financial Times]
08:35 AM
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Financial Times
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FTSE seen tracking Wall Street gains
06:39 AM
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Reuters]
NEC plans $1.6bn share sale after losses
03:20 AM
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Financial Times
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Nikkei up as exporters rise
02:17 AM
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Reuters]
Eurozone heads for exit from loan measures [at Financial Times]
11:05 PM
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Financial Times
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Wall St storms ahead on productivity boost [at Financial Times]
10:15 PM
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Financial Times
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Stocks jump on U.S. jobs data
09:40 PM
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Reuters]
Rentokill climbs on expectations [at Financial Times]
09:05 PM
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Financial Times
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