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Powerful head of Russian Orthodox church Alexiy dies
Published December 5, 2008, 1:52 am, Reuters
MOSCOW (Reuters) - Patriarch Alexiy II, the head of Russia's powerful Orthodox Church, has died at his residence at the age of 79, a church spokesman said on Friday.
Crunch takes credit for Christmas lull
Published December 5, 2008, 1:50 am, Pretoria News
As South Africans head into the annual Christmas spending spree, analysts warn that this year's festive spending will be a lot tighter than in the past.
A third of German firms feel lending squeeze-Ifo
Published December 5, 2008, 1:50 am, The Forex Market
MUNICH, Germany, Dec 5 (Reuters) - An increasing number of German firms are finding banks' lending conditions restrictive, with more than a third taking this view in November, the Ifo economic think tank said on Friday.
Poland to see a few rate cuts in near future-cbanker
Published December 5, 2008, 1:50 am, The Forex Market
WARSAW, Dec 5 (Reuters) - Poland's central bank will probably cut interest rates a few times in the near future, Monetary Policy Council (MPC) member Jan Czekaj said on Friday.
Japan's Nippon Oil in talks on $5-10 bln Iraq refinery
Published December 5, 2008, 1:50 am, The Forex Market
BAGHDAD, Dec 5 (Reuters) - Japan's Nippon Oil Exploration is in talks with the Iraqi government on the construction of an oil refinery worth $5-10 billion and investment in oil exploration for the same amount, a company official said on Friday.
(AFX UK Focus) 2008-12-05 09:23 UPDATE 1-BMW sales collapse by a quarter in Nov
Published December 5, 2008, 1:49 am, Interactive Investor
FRANKFURT, Dec 5 (Reuters) - Global sales at BMW, the world's top premium carmaker, plunged by a quarter in November as even well-heeled consumers kept a tight grip on their wallets amd a sharp economic downturn. Group vehicle sales fell 25.4 percent to 96,570 units, led down by a 26.2 percent drop at the flagship BMW brand, the company said on Friday. Sales of Mini brand cars also fell 20.8 ...
(AFX UK Focus) 2008-12-05 09:23 TABLE-Czech c.bank end-Nov FX reserves 27.00 bln euro
Published December 5, 2008, 1:49 am, Interactive Investor
Dec 5 (Reuters) - The Czech central bank (CNB) said on Friday its foreign exchange reserves edged up to 27.00 billion euros at the end of November, from a revised 26.62 billion euros at the end of the previous month.
(AFX UK Focus) 2008-12-05 09:25 UPDATE 1-Singapore may face years of slow growth after recession
Published December 5, 2008, 1:49 am, Interactive Investor
By Neil Chatterjee and Kevin Lim
(AFX UK Focus) 2008-12-05 09:20 BRIEF-Central Rand Gold FD moves to CEO role
Published December 5, 2008, 1:49 am, Interactive Investor
LONDON, Dec 5 (Reuters) - Central Rand Gold Ltd:
Congo and Rwanda to fight rebels
Published December 5, 2008, 1:49 am, BBC News
DR Congo and Rwanda are due to sign a deal to tackle each other's rebel groups.
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