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Obama Calls for Developing Nations to Reduce Emissions

Posted November 16th, 2011 at 7:30 am (UTC-5)
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U.S. President Barack Obama says the United States will urge emerging economies to do more to address global warming at a high-level climate change conference later this month in Durban, South Africa. President Obama told reporters Wednesday during his visit to Australia that the Durban talks should result in reduced carbon emissions, but warned that […]

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Obama Calls for Developing Nations to Reduce Emissions

Posted November 16th, 2011 at 7:25 am (UTC-5)
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U.S. President Barack Obama ways the United States will urge emerging economies to do more to address global warming at a high-level climate change conference later this month in Durban, South Africa. President Obama told reporters Wednesday during his visit to Australia that the Durban talks should result in reduced carbon emissions, but warned that […]

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IMF Chief Lauds Asia’s Economic Role, Cites Dangers Ahead

Posted November 9th, 2011 at 2:50 am (UTC-5)
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The head of the International Monetary Fund is promoting the important role of Asia in the recovery of the global economy and urging the region to be ready in the event of another worldwide recession. In a speech Wednesday at the International Finance Forum in Beijing, Christine Lagarde said the economic rise of Asia is […]

US Stocks Close Mixed

Posted October 28th, 2011 at 4:25 pm (UTC-5)
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U.S. stocks were mixed at closing Friday. The Dow Jones Industrial Average rose two tenths of a percent to close at 12,231. The S&P 500 was up a fraction of a percent at 1,285, and the Nasdaq Composite Index fell by a fraction of a percent to 2,737. European stock indexes closed mixed. London’s Financial […]

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US Stocks Mixed in Midday Trading Friday

Posted October 28th, 2011 at 2:00 pm (UTC-5)
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U.S. stocks were narrowly mixed in midday trading Friday. The Dow Jones Industrial Average was ahead by two-tenths of a percent, while the S&P was virtually unchanged from Thursday’s close. The NASDAQ composite index slid two-tenths of one percent. European stock indexes closed mixed. London’s Financial Times index ended down two-tenths of one percent to […]

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US Stocks Mixed in Early Friday Trading

Posted October 28th, 2011 at 10:20 am (UTC-5)
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U.S. stocks were narrowly mixed in early trading Friday. The Dow Jones Industrial Average was ahead by one-tenth of a percent, while the S&P was down two-tenths of a percent. The NASDAQ composite index was virtually unchanged from Thursday’s close. European stock indexes were lower in afternoon trading. London’s Financial Times index is down three-tenths […]

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European Stocks Lower in Midday Trading

Posted October 28th, 2011 at 7:40 am (UTC-5)
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Some European stock prices are lower in midday trading Friday. London’s Financial Times index is down one-quarter of one percent. The CAC-40 in Paris is down nearly one-quarter of one percent, and trading on the DAX index in Frankfurt is up more than one-quarter of one percent. In New York, the S&P futures contract is […]

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Japan’s Nikkei Finishes in Positive Territory Again

Posted October 28th, 2011 at 2:55 am (UTC-5)
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Japanese markets closed higher Friday, while the U.S. dollar is trading slightly lower against the Japanese yen. Tokyo’s Nikkei index gained over one and one-quarter percent to finish at 9,050. The dollar was selling at 75.86 yen, a loss of a fraction of a yen from Thursday. The Taipei market ended the day’s trading at […]

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World Stocks Advance Sharply

Posted October 27th, 2011 at 4:25 pm (UTC-5)
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News that European leaders completed a debt-relief deal for Greece and expand the continent’s bailout fund encouraged investors, and stocks soared around the world on Thursday. U.S. stocks made strong gains. The Dow Jones Industrial Average rose 2.9 percent to close at 12,209. The S&P 500 moved up 3.4 percent to end at 1,285 while […]

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World Stocks Advance Sharply

Posted October 27th, 2011 at 1:15 pm (UTC-5)
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News that European leaders completed a debt-relief deal for Greece and expand the continent’s bailout fund encouraged investors, and stocks soared around the world Thursday. U.S. stocks made strong gains in midday New York trading. The Dow Jones Industrial Average rose 2.6 percent, with the S&P 500 up 2.9 percent and the NASDAQ 2.8 percent. […]

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