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CA-BUSINESS Summary
Published December 4, 2008, 8:21 am, The Globe and Mail
TORONTO (Reuters) - Canadian Imperial Bank of Commerce said fourth-quarter profit fell 51 percent due to a variety of securities write-downs and mark-to-market losses, but tax benefits helped cushion the blow.
Lacklustre show
Published December 4, 2008, 8:20 am, Business Standard India
The markets recorded one of the most lack luster sessions as the indices closed with minor changes over the previous session. The traded volumes were marginally higher over the previous session as traders attempted to second guess the direction, albeit unsuccessfully.
Jobless rate falls slightly in McMinn
Published December 4, 2008, 8:20 am, The Daily Post-Athenian
Unemployment rates tend to decline near the end of the year so it wasn\'t much of a surprise that McMinn County\'s improved when the October rate was released late last week.
Poland equity market indices - 04/12/2008
Published December 4, 2008, 8:20 am, Interfax
WARSAW. DECEMBER 4. INTERFAX CENTRAL EUROPE - The following table shows the day's open, maximum, minimum, close and percentage change for the main indices on the Warsaw Stock Exchange.
Bank rate cut pleases CBI
Published December 4, 2008, 8:20 am, the Engineer
The Bank of England’s Monetary Policy Committee has reduced the official Bank Rate to two per cent as a result of the downturn in the economy.
Global meltdown to hit amusement park industry
Published December 4, 2008, 8:20 am, Business Standard India
The turmoil in the global financial market has taken its toll on the amusement park industry which has seen a fall in its growth rate. However, industry players expect that the sector would be able to attract fresh investments of Rs 500 - 600 crore next year.
Mumbai attacks fail to derail foreign investors' schedule
Published December 4, 2008, 8:19 am, Business Standard India
India may have temporarily lost its charm of being a hot destination for foreign tourists in the wake of the recent terror attacks on Mumbai, but it still remains an important place for foreign investors by virtue of being a high-demand market.
Measure reforming tobacco tax pushed
Published December 4, 2008, 8:19 am, Sun Star
DESPITE strong opposition by tobacco companies, a lawmaker is pushing to restructure the excise tax on tobacco products.
European Notes Rise as Trichet Sees ‘Protracted’ Economic Slump
Published December 4, 2008, 8:19 am, Bloomberg
Dec. 4 (Bloomberg) -- European government notes advanced as the region’s central bank president said the 15-nation economy will keep shrinking into next year as the global credit-market crisis persists.
4th Mindanao Film Festival opens Dec. 14
Published December 4, 2008, 8:19 am, Minda News
DAVAO CITY (4th Mindanao Film Festival/4 December) -- Mindanao’s most anticipated movie event the fourth Mindanao Film Festival will be held December 14 until December 21, starting with the screening of full-length digital film Concerto: Davao War Diary on the opening day of the festival.
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