Despite its current economic woes, the United States remains the world’s most innovative economy, with unrivalled business sophistication and competitiveness, according to a new study by INSEAD, the Paris-based business school
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Despite its current economic woes, the United States remains the world’s most innovative economy, with unrivalled business sophistication and competitiveness, according to a new study by INSEAD, the Paris-based business school
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The US housing market showed further signs of weakness as the closely watched index of pending home sales dropped by 4 per cent in November as rising job cuts and eroding confidence deterred buyers from signing new contracts.
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The number of companies relying on discounting bodes ill for a country facing the sharpest unemployment rise in two decades
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House prices fell by 2.5% in December, equivalent to an annual drop of 15.9% and wiping out all gains earned since spring 2005, the buliding society reported
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The world’s largest brewery, has decided to close the historic Mortlake site where Budweiser is made, as part of an efficiency drive following the $52bn acquisition of Anheuser Busch
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Moody’s has lowered its outlook on Bahrain’s debt rating to negative from stable as oil prices have declined “well below” the Gulf island’s budgetary plans and the credit crunch hurts the country’s financial industry
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The euro has had less effect than often believed on both Spain and the UK, whose economies are now seeing large current account deficits and record levels of private sector debt
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Investment analysts Stephen Roach, Tim Bond, Mohamed El Erian, Ajay Kapur and Jim Paulsen with their views on the year ahead
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The Federal Reserve Bank of New York said it had started its $500bn plan to drive down US mortgage rates by buying securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae, the government-run mortgage financiers
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The London market’s new year bounce continued into a fifth session on Monday, but Tate & Lyle missed the trend amid speculation its second-biggest shareholder might have to sell to meet redemptions
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European stocks continued their positive start to the new year on Monday after strong gains on the Swiss exchange helped drive the FTSE Eurofirst 300 index higher
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The Treasury Department said Monday it had invested $15 billion in another seven banks, including two companies that recently completed large takeovers of other banks.
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European stocks continued their positive start to the new year on Monday after strong gains on the Swiss exchange helped drive the FTSE Eurofirst 300 index higher
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European stocks continued their positive start to the new year on Monday after strong gains on the Swiss exchange helped drive the FTSE Eurofirst 300 index higher
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Communist Cuba is slowly lifting the veil of secrecy surrounding its people and economy as demands from a more educated public, the information age and the need to manage better its affairs erode concerns about US snooping and the secretive instincts of bureaucrats
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The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record
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The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record
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Rest assured that banks will still offer big incentives to their best and brightest. The trick will be to keep compensation beneath the radar
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