Tag Archive | "europe"

Gold rises towards $1,350 as dollar languishes

Gold prices rose back toward $1,350 an ounce in Europe and silver touched a new 30-year high on expectations that the United States will introduce further monetary easing undermined faith in the dollar.

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IMF sees global economy gaining, US growth slowing (AP)

AP – The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United States and Europe.

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German industrial orders surge 3.4%

Germany saw a surge in manufacturing orders in August, boosting hopes that Europe’s largest economy will still power growth across the continent even as the euro strengthens and US recovery splutters

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Europe in a spot over China’s snub of yuan plea

China’s snub of pleas for a faster appreciation of yuan triggered concern that Europe’s economic recovery may suffer a further blow.

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Kabel Deutschland could cut debt faster

Europe’s largest cable group looks to expand, but first it needs to persuade the regulators

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Gold set for eighth quarterly gain as dollar wilts

Gold rose to record high in Europe and was set for eighth quarterly gain, fuelled by investors seeking an alternative to dollar & protection against inflation risks.

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New Volvo chief looks to double global sales

New chief executive is looking to more than double its global sales within a decade through expanding its business in China and regaining lost ground in the US and Europe

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German jobless rate down to 7.2 percent (AP)

AP – Germany’s unemployment rate dropped to 7.2 percent in September as the strength of Europe’s biggest economy helped the labor market recover quickly from the economic crisis, data showed Thursday.

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Asian stocks down on Europe’s debt worries (AP)

AP – Asian stock markets fell Thursday as massive street protests across Europe against austerity measures raised concern over the region’s ability to slash debt.

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Shell plans rapid North American growth

Europe’s largest oil company plans a rapid expansion of its North American business to raise production by 40 per cent including gas, Canadian oil sands and deepwater oil

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