UBS Sells Stake After Write-Down
UBS became the latest bank to seek a lifeline from the East as it wrote down $10 billion in mortgage-related assets....
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Britain Urged To Invade Zimbabwe
A leading Zimbabwean cleric believes Britain would be justified in invading its former colony to rid it of President Robert Mugabe....
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A Couple Of Country Singers Stop To Strut A City Stage
In their different ways, Keith Urban and Carrie Underwood each put on a wholly entertaining show, which isn?t always the same thing as a wholly successful show....
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Woman Replaces Colleague For South Korea’s First Space Mission
Women’s groups said Yi So-yeon’s participation was likely to boost the rising status of women in South Korea’s traditionally male-dominated society....
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Nationwide Offers A Buyout Of Its Publicly Traded Unit
The insurer’s $2.2 billion bid was a move aimed at simplifying the company’s ownership structure....
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Says News



I can’t wait to be a Chinese citizen, says the Dalai Lama

In his first big interview with a British paper since rioting broke out in Tibet on March 10, I had expected the Dalai Lama to be in a sombre mood. As the exiled leader of his nation, he has little enough to laugh about: around 200 Tibetans have lost their lives since the uprising in March and many more have been beaten or imprisoned by the Chinese.
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Tempus: Open plan

Barclays is wise, given the vascillating that has embarrassed its rivals, to refuse to rule out some kind of capital raising. The bank this morning admitted that its core equity Tier 1 capital ratio, which was already below the bank’s 5.25 per cent target at December, would fall even further, possibly to as low as 4.9 per cent according to analysts, by the half-year. Finance director Chris Lucas says that Barclays is "prepared to run ahead of targets or below, depending on circumstances". But with financial regulators pushing banks to beef up their capital buffer, and Barclays’ competitors’ aiming for targets of 6 per cent at the very least, the bank is going to look increasingly out of step. Questions about its balance sheet are likely to to continue to drag the stock. A further downturn in the financial markets could worsen the problem. It was tricky to tell how parts of the bank are faring. Barclays Capital has been profitable in the year to date despite the turmoil. But, although it wrote back up £500 million worth of its own debt, Barclays did not mention similar improvements in its credit investments. It has also been sparing in writing down its leveraged finance exposure. There is much that could still turn sour for banks this year. No wonder Barclays wants to leave all its options open.
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SABMiller says beer prices to rise ’ for a couple of years’

SABMiller, the world’s second largest beer maker by volume whose brands include Nastro Azzuro, Carling Black Label and Miller, said today that prices will go up across its product range for two years to pay for raw material rises.
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United States says air tax is illegal

MINISTERS have flown into another business tax row after the US government made a blistering attack on a new £2.5 billion aviation duty, questioning its green credentials and claiming that it broke international law.
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Sex-appeal makeover fails to halt Aga fall in sales

David Cameron says he gave his cast-iron Aga oven the cold shoulder last year in an attempt to cut his carbon footprint.
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External News for: says

State's Credit Rating Could Be Lowered, Investors Service Says - New York Times

New York Daily NewsState's Credit Rating Could Be Lowered, Investors Service SaysNew York TimesALBANY — Moody's Investors Service this week warned that the state's credit rating could be downgraded if the Legislature does not take ...New York State's Rating Under Threat, Moody's SaysBloombergLayoffs, Furloughs, Pre-K Cuts Possible, Paterson SaysPolitics on the HudsonNew York Furloughs, Firings Loom, Paterson SaysBloombergall 525 news articles »

State's Credit Rating Could Be Lowered, Investors Service Says - New York Times

New York Daily NewsState's Credit Rating Could Be Lowered, Investors Service SaysNew York TimesALBANY — Moody's Investors Service this week warned that the state's credit rating could be downgraded if the Legislature does not take ...New York State's Rating Under Threat, Moody's SaysBloombergLayoffs, Furloughs, Pre-K Cuts Possible, Paterson SaysPolitics on the HudsonNew York Furloughs, Firings Loom, Paterson SaysBloombergall 525 news articles »

Beckham says he'll be ready to play Sunday - Seattle Post Intelligencer

Telegraph.co.ukBeckham says he'll be ready to play SundaySeattle Post IntelligencerDespite a bone bruise to his right ankle, David Beckham said he will play for the Galaxy in Sunday's MLS Cup at Qwest Field. ...I Want to Play For England After World Cup, Says BeckhamNew York TimesReal Salt Lake notes: Beckham says he'll be ready to go in title matchDeseret NewsBeckham says he never considered quitting MLSReutersFanHouse (blog) -AHNall 983 news articles »

State's Credit Rating Could Be Lowered, Investors Service Says - New York Times

New York Daily NewsState's Credit Rating Could Be Lowered, Investors Service SaysNew York TimesALBANY — Moody's Investors Service this week warned that the state's credit rating could be downgraded if the Legislature does not take ...New York State's Rating Under Threat, Moody's SaysBloombergLayoffs, Furloughs, Pre-K Cuts Possible, Paterson SaysPolitics on the HudsonNew York Furloughs, Firings Loom, Paterson SaysBloombergall 525 news articles »

Beckham says he'll be ready to play Sunday - Seattle Post Intelligencer

Telegraph.co.ukBeckham says he'll be ready to play SundaySeattle Post IntelligencerDespite a bone bruise to his right ankle, David Beckham said he will play for the Galaxy in Sunday's MLS Cup at Qwest Field. ...I Want to Play For England After World Cup, Says BeckhamNew York TimesReal Salt Lake notes: Beckham says he'll be ready to go in title matchDeseret NewsBeckham says he never considered quitting MLSReutersFanHouse (blog) -AHNall 983 news articles »

Station Casinos Judge Says Bankruptcy Examiner Isn't Needed - Bloomberg

Station Casinos Judge Says Bankruptcy Examiner Isn't NeededBloombergNov. 21 (Bloomberg) -- Station Casinos Inc. doesn't need an examiner to investigate how the company is handling its bankruptcy, ...and more »

 
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