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BUSINESS BRIEFS
Published July 10, 2009, 3:41 am, New York Post
Jobless The Labor Department said that initial claims for state unemployment in surance fell 52,000, the largest drop since Decem ber, to a much lower- than-expected seasonally adjusted 565,000 in the week ended July 4, from 617,000 the prior...
Banking and Financial
Published July 10, 2009, 3:18 am, Mondaq
One of the issues which caused consternation in relation to the insolvency of Lehman Brothers was the fate of securities held by a prime broker in custody for its clients.
(AFX UK Focus) 2009-07-10 10:58 BRIEF-Northgate in placing, agrees new bank facilities
Published July 10, 2009, 3:04 am, Interactive Investor
LONDON, July 10 (Reuters) - Northgate PLC:
Marketplace News
Published July 10, 2009, 2:57 am, The Namibian
THE development of the Kudu Gas Field has been fast-tracked with Tullow Oil, majority shareholder in the project, confirming that they are considering Gazprom, the Russian natural gas giant with whom Government signed a memorandum of understanding (MoU) recently, as a partner in the N$14 billion project.
Romania Inflation Rate Fell in June on Slower Demand (Update1)
Published July 10, 2009, 2:08 am, Bloomberg
July 10 (Bloomberg) -- Romania’s inflation rate slipped in June, raising analysts’ expectations for further interest rate cuts, as slower lending and wage growth sapped consumption.
Select Network Site
Published July 10, 2009, 12:41 am, Banking Business Review
To provide automated call distributor and workforce management services ... Solution to power key channel of the REALTORS credit union ...
Fed Accord Called 'Overreaction'
Published July 10, 2009, 12:31 am, Albuquerque Journal
The Federal Reserve System on Thursday released the text of a regulatory oversight agreement with First State Bancorporation that New Mexico's top bank regulator said is unnecessary and requires First State to do things it was already doing anyway.
Banks' 'courtesy' loans at soaring rates irk consumers
Published July 9, 2009, 10:04 pm, USA Today
Even as regulators crack down on abusive mortgage and credit card practices, another type of lending threatens to mire consumers in a credit trap.
Recovery in Germany runs into credit headwind
Published July 9, 2009, 5:36 pm, Interactive Investor
By Paul Carrel
Recovery in Germany runs into credit headwind
Published July 9, 2009, 5:09 pm, Reuters via Yahoo! UK & Ireland News
News headlines speak of recovery but for Hannes Hesse, managing director of Germany's VDMA engineering association, financing is still a big problem.
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