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Capital Finance Notes >> FINANCE NEWS December 21, 2014 members login here
We won’t cut oil output even if non-Opec nations do, Saudi Arabia says
Times of India - 4 Hours ago
ABU DHABI: Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-Opec nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans
Saudi Arabia says won't cut oil output even if non-OPEC nations do Interactive Investor
Saudi Arabia Says Won't Cut Oil Output International Business Times
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Worst Russian Stock Drop Since 2008 Seen Continuing
BusinessWeek - 101 Minutes ago
Russian stocks are posting the biggest annual loss since 2008 as tumbling oil prices, a plunging ruble and international sanctions throttle the economy. Investors are signaling that next year isn’t looking
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January Is the Darkest Month for India Stocks: Chart of the Day
BusinessWeek - 101 Minutes ago
Indian stocks will continue their tradition of performing worst in January out of any month as investors take profit following the best annual performance since 2009, according to Sundaram Asset Management
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Weak growth continues to hammer Illinois economy
Chicago Tribune - 5 Hours ago
Illinois hasn't escaped the clutches of the Great Recession. Since the end of the recession more than five years ago, the state's economic performance has been disappointing. In particular the labor
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10 new listings for '15 [The Manila Times, Philippines]
BusinessWeek - 7 Hours ago
Dec. 22--The Philippine Stock Exchange (PSE) is lining up new listings that will perk up the market. PSE President Hans Sicate is also encouraging more small, medium and emerging (SME) companies to list.
10 new listings for ‘15 Manila Times
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Weather, cattle prices color the 2014 agriculture economy [Billings Gazette, Mont.]
BusinessWeek - 7 Hours ago
Dec. 21--Phil Steinberger was one of the lucky farmers. He got his wheat in the ground early, harvested in mid-July, and was done farming when all hell broke loose across Montana in August. "I cut my
Weather, cattle prices color the 2014 agriculture economy Billings Gazette
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BOE Faces No Urgency to Raise U.K. Interest Rates, Miles Says
La Repubblica - 12 Hours ago
(Bloomberg) -- The Bank of England isn’t under pressure to raise U.K. interest rates as inflation slides further below its target, policy maker David Miles said. “There is no great urgency in starting
BOE Voted 7-2 as Majority Said Stronger Pay Growth Needed Bloomberg
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Non-OPEC Producers Called on to Cut Oil Output After Rout
BusinessWeek - 16 Hours ago
Oil producers outside of OPEC should cut output with excess supplies harming the market, the United Arab Emirates energy minister said. The oil market is oversupplied by 2 million barrels a day, Mohammed
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Saudi minister on reasons for oil price fall
TheStar.com.my - 54 Minutes ago
DUBAI: Saudi Arabia’s oil minister said non-cooperation by producers outside of the Organisation of the Petroleum Exporting Countries and the actions of speculators had led to the oil price fall, but
Non-OPEC, speculators led to oil price slide: Saudi's Naimi SABC
UPDATE 1-Saudi's Naimi: Non-OPEC, speculators led to oil price slide Reuters
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Apple Pay Unimpressive; Economy Won't Support Rally: Best of Kass
TheStreet.com - 5 Hours ago
NEW YORK ( Real Money ) -- of Seabreeze Partners is known for his accurate stock market calls and keen insights into the economy, which he shares with RealMoney Pro readers in his daily trading diary.
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Xi urges Macau to diversify economy, counter ‘development risks’
Business World - 17 Hours ago
“Macau’s economy has developed rapidly in the past years, but certain deep-seated problems have surfaced and development risks have built up,” Xi said today at the inauguration of the territory’s re-elected
China’s Xi Urges Macau to Diversify Economy, Limit Risks BusinessWeek
Xi Urges Macau to Diversify Economy Ensure Development BusinessWeek
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Next Prada eludes Hong Kong as foreign companies shun listings
Livemint.com - 2 Hours ago
Chinese President Xi Jinping’s efforts to clamp down on lavish spending by officials have hurt the luxury goods sales that made Hong Kong a magnet for companies such as Prada. Photo: AFP Hong Kong:
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Iraq oil min says no need for OPEC emergency meeting now
GlobalPost - 10 Hours ago
DUBAI (Reuters) - Iraq's oil minister said on Sunday he saw no need for an emergency meeting of the Organization of the Petroleum Exporting Countries (OPEC), but "we have to wait and see" whether the
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Austria says EU must not seek collapse of Russian economy
GlobalPost - 15 Hours ago
VIENNA (Reuters) - The head of Austria's government criticized fellow European Union countries on Saturday that are calling for tougher sanctions against Moscow, warning against pushing the Russian economy
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Wall St. watchdog discrimination suit may head to trial
Lawyer Herald - 17 Hours ago
A former securities arbitration official's wrongful termination suit against the Financial Industry Regulatory Authority (FINRA) is set to head to trial, despite the Wall Street watchdog's effort to end
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Skanska to build rental and student apartments in Stockholm, Sweden
Nestor - 21 Hours ago
Skanska has signed a contract with AB Stockholmshem to build ten buildings with rental apartments and two with student apartments in Stockholm, Sweden. The contract is worth about SEK 450 M, which is
Skanska To Build Rental And Student Apartments In Stockholm, Sweden, For SEK 450 EPC Engineer
Skanska awarded SEK450m contract o build rental and student apartments in Stockholm Individual.com
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Indianapolis hotels hit highest occupancy rates in years
Indianapolis Star - 12 Hours ago
The 1,005-room JW Marriott in Downtown Indianapolis is enjoying its best year more The 1,005-room JW Marriott in Downtown Indianapolis is enjoying its best year yet, says its general manager, Phil Ray.
Indianapolis hotels hit highest occupancy rates in years [The Indianapolis Star] BusinessWeek
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Allot’s 18% Tumble Can’t Scare Off Bullish Calls: Israel Markets
Washington Post - 12/20/2014
(Bloomberg) -- Allot Communications Ltd. is proving to be one of the biggest losers from President Barack Obama’s decision last month to squelch proposals for an Internet fast lane. The technology company’s
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Oil price dip, megaprojects to guide 2015 [Bangkok Post, Thailand]
BusinessWeek - 12/20/2014
Dec. 20--Leading Thai businessmen see purchasing power improving by 5-6% on average as the economy recovers. Executives in energy, cement, building materials and property met at Thursday's Chulalongkorn
Oil price dip, megaprojects to guide 2015 Bangkok Post
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Rice stocks to clear in 3 years [Bangkok Post, Thailand]
BusinessWeek - 12/20/2014
Dec. 20--The government has vowed to dispose of the 17 million tonnes left in its rice stockpile over the next two or three years through domestic sales as well as exports. Prime Minister Prayut Chan-o-cha,
Rice stocks to clear in 3 years Bangkok Post
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U.S. Stocks Cap Best Week in Two Months on Fed-Led Rally
Bloomberg - 12/20/2014
U.S. stocks surged the most this week since October as the Federal Reserve sparked a three-day rally that nearly wiped out two weeks of equity market pain. The Standard & Poor’s 500 Index (SPX) jumped
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SEC Loses Bid for Larger Forfeiture From Wyly Brothers
Bloomberg - 12/20/2014
The U.S. Securities and Exchange Commission lost a bid to make Samuel Wyly and the estate of his brother Charles pay more than the $188 million plus interest ordered by a judge in September for their
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Drillers Facing Lowest Oil Prices Since 2009 Idle Rigs
BusinessWeek - 12/20/2014
Drillers cut the number of rigs targeting U.S. oil to the lowest level in six months as crude traded below $60 a barrel for the seventh straight day and OPEC resisted calls to curb production. Rigs
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Low oil prices threatening fracking industry
CBS News - 12/20/2014
This part of the CBS Evening News' ongoing series on the effects of lower oil prices. Our first installment covered the impact on air fares ; our second covered the auto-industry's gains ; our third covered
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Banks Island Announces $1 Million Non-Brokered Private Placement Offering
BusinessWeek - 12/20/2014
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