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CA-BUSINESS Summary
Published December 3, 2008, 12:12 am, The Globe and Mail
HONG KONG (Reuters) - Asian stocks and oil rebounded on Wednesday from recent sell-offs, but low-risk assets such as U.S. Treasuries also retained their luster despite offering the lowest yields in decades amid worries about the ailing global economy.
GE expects to hit low 4Q target
Published December 3, 2008, 12:06 am, Stamford Advocate
WASHINGTON - General Electric Co. said Tuesday it expects fourth-quarter earnings to be near the low end of its guidance and will take a charge of up to $1.
Struggling airlines see deeper cuts
Published December 3, 2008, 12:04 am, Fort Wayne Journal Gazette
Executives of major U.S. airlines, already seeing signs of slumping travel demand, said Tuesday they were ready to cut more flights, and Delta hinted at more job losses as the carriers jockey to survive the deepening recession.
European, U.S. Stock-Index Futures Fall; Infineon May Decline
Published December 3, 2008, 12:04 am, Bloomberg
Dec. 3 (Bloomberg) -- European stock-index futures fell as concern earnings will deteriorate further overshadowed government efforts to stem the economic slump. U.S. index futures declined before a report that will probably show a deepening contraction in services.
EU agrees to cut car emissions in climate fight
Published December 3, 2008, 12:04 am, Times of Malta
European carmakers must cut global-warming gases from new vehicles by 18 per cent within the next six years, the EU agreed on Monday, after a long battle between environmentalists and an industry facing tough times.
Research In Motion Cuts Estimates Of 3rd-period Net, Revenue
Published December 3, 2008, 12:03 am, Fox News
Research In Motion Cuts Estimates Of 3rd-period Net, Revenue
Regional business briefs for Wednesday, Dec. 3
Published December 3, 2008, 12:00 am, The Olympian
Olympia
BHP, Sage, Stagecoach, Thomas Cook: U.K., Irish Equity Preview
Published December 3, 2008, 12:00 am, Bloomberg
Dec. 3 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets today. Stock symbols are in parentheses and prices are from the last market close.
Red pen mark could harm students: kit
Published December 2, 2008, 11:53 pm, AAP via Yahoo!7 News
Teachers have been advised that marking students' work in red pen could harm their mental health.
Anglo Irish Bank's profits down 37%
Published December 2, 2008, 11:41 pm, RTÉ News
Anglo Irish Bank has announced pre-tax profits of €784m for the twelve months until the end of September, down 37% on the profit figure for 2007. Anglo Irish Bank says it is putting aside €0.5 billion in anticipation of losses on loans. This represents 0.71% of average loan balances.
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