Thursday, February 28, 2013

FOXBusiness.com: Rio Tinto, Mongolia to Continue Oyu Tolgoi Funding

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FOX Business Network - The Power to Prosper
Rio Tinto, Mongolia to Continue Oyu Tolgoi Funding
Mar 1st 2013, 04:15

Rio Tinto PLC (RIO) and Mongolia have agreed to continue funding the US$6.2 billion Oyu Tolgoi copper and gold mine in the Gobi Desert, keeping it on track to begin producing in June as they try to resolve a dispute over costs.

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FOXBusiness.com: Eni, PetroVietnam Ink Study Pact for Energy Exploration

FOXBusiness.com
FOX Business Network - The Power to Prosper
Eni, PetroVietnam Ink Study Pact for Energy Exploration
Mar 1st 2013, 04:16

Italy's Eni SpA (E) has signed a joint technical study agreement with Vietnam Oil and Gas Group, or PetroVietnam, as it seeks to expand its presence in the Southeast Asian nation, PetroVietnam said Friday.

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Reuters: Money News: Brent slips towards $111 on uncertainty over China recovery

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Brent slips towards $111 on uncertainty over China recovery
Mar 1st 2013, 04:03

SINGAPORE (Reuters) - Brent crude slipped toward $111 a barrel on Friday, weighed down by concerns that oil demand will be hurt if China's economy continues to sputter, the euro zone remains weak and automatic spending cuts are enacted in the United States.

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Reuters: Money News: Blame game gets louder as U.S. budget cuts look inevitable

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Blame game gets louder as U.S. budget cuts look inevitable
Mar 1st 2013, 04:05

WASHINGTON (Reuters) - A day before sweeping budget cuts begin, the White House and Republicans blamed each other on Thursday for failure to prevent a fiscal crisis which the International Monetary Fund warned could slow the U.S. and world economies.

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FOXBusiness.com: ASIA MARKETS: Asia Stocks Weak After China Data, But Japan Rises

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FOX Business Network - The Power to Prosper
ASIA MARKETS: Asia Stocks Weak After China Data, But Japan Rises
Mar 1st 2013, 03:57

Asian stock markets traded mostly lower Friday to start the new month on a broadly downbeat note, with a pair of lackluster manufacturing surveys from China doing little to help sentiment.

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FOXBusiness.com: Oyu Tolgoi Funding to Continue Amid Government Talks

FOXBusiness.com
FOX Business Network - The Power to Prosper
Oyu Tolgoi Funding to Continue Amid Government Talks
Mar 1st 2013, 03:59

Rio Tinto PLC (RIO) and Mongolia have agreed to continue funding the US$6.2 billion Oyu Tolgoi copper and gold mine in the Gobi Desert, keeping it on track to begin producing in June as they try to resolve a dispute over costs.

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Reuters: Money News: Oct-Dec growth may be 'under-recorded', says Credit Suisse

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Oct-Dec growth may be 'under-recorded', says Credit Suisse
Mar 1st 2013, 03:50

MUMBAI (Reuters) - Credit Suisse said on Friday there are "some reasons to believe" that India's October-December growth data released after market hours on Thursday "is being under-recorded", according to an email sent to clients.

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FOXBusiness.com: German Official Says Future Crises To Be Different

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German Official Says Future Crises To Be Different
Mar 1st 2013, 03:35

Germany's senior financial regulator, Elke Koenig, who heads the government's office of financial services supervision known as BaFin, warned that future banking crises could be different from the latest one.

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Reuters: Money News: Asian shares ease on economy worries, digests China data

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Asian shares ease on economy worries, digests China data
Mar 1st 2013, 03:17

TOKYO (Reuters) - Asian shares edged down on Friday, with manufacturing data from China that broadly met expectations helping to somewhat taper sentiment burdened by worries over the economic fallout from Italy's political confusion and likely U.S. spending cuts.

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Reuters: Money News: Groupon fires CEO, Mason admits "failure" in candid memo

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Groupon fires CEO, Mason admits "failure" in candid memo
Mar 1st 2013, 03:17

SAN FRANCISCO (Reuters) - Groupon Inc fired Andrew Mason as chief executive officer on Thursday, ousting a co-founder who captured headlines with his quirky style but failed to reverse a crumbling share price or stop a gradual erosion of its main daily deals business.

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FOXBusiness.com: Fed Evans Warns Against Any Effort To Tighten Policy

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Fed Evans Warns Against Any Effort To Tighten Policy
Mar 1st 2013, 02:51

DES MOINES, Iowa--The Federal Reserve official who was instrumental in getting the central bank to adopt greater guidance on the factors driving the monetary policy outlook warned Thursday against any premature attempts to back off on the current course of stimulus.

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FOXBusiness.com: ASIA MARKETS: Asia Stocks Slip Back After Big Rally

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FOX Business Network - The Power to Prosper
ASIA MARKETS: Asia Stocks Slip Back After Big Rally
Mar 1st 2013, 02:26

Asian stock markets slipped Friday to start the new month on a broadly downbeat note, with a pair of lackluster manufacturing surveys from China doing little to help sentiment.

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Reuters: Money News: China February factory growth cools to 5-month low

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
China February factory growth cools to 5-month low
Mar 1st 2013, 01:39

BEIJING (Reuters) - Growth in Chinese factories cooled in February to a five-month low after domestic and foreign demand slackened, an official government survey showed on Friday, missing market forecasts and underscoring China's patchy economic recovery.

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FOXBusiness.com: Australian Coal Exports Fall After Heavy Rains

FOXBusiness.com
FOX Business Network - The Power to Prosper
Australian Coal Exports Fall After Heavy Rains
Mar 1st 2013, 01:35

Coal exports from Australia fell sharply in January as torrential rains cut shipments from some of the nation's biggest commodity ports by as much a third.

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FOXBusiness.com: MARKET COMMENT: S&P/ASX 200 Remains Down 0.5% After China PMI

FOXBusiness.com
FOX Business Network - The Power to Prosper
MARKET COMMENT: S&P/ASX 200 Remains Down 0.5% After China PMI
Mar 1st 2013, 01:40

0125 GMT [Dow Jones] Australia's S&P/ASX 200 remains down 0.5% at 5078 after China's official manufacturing PMI for February came in at 50.1, below the 50.4 reading for January, yet near enough to the 50.5 level expected by the market.

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MarketWatch.com - MarketWatch Breaking News Bulletins: Hong Kong stocks slip with mainland China banks weak; Hang Seng Index down 0.3%

MarketWatch.com - MarketWatch Breaking News Bulletins
MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.
Hong Kong stocks slip with mainland China banks weak; Hang Seng Index down 0.3%
Mar 1st 2013, 01:31

Hong Kong stocks slip with mainland China banks weak; Hang Seng Index down 0.3%

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