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Monthly Archive March, 2008

New arrest in SocGen trading scandal

March 13, 2008

Police arrested another employee of Societe Generale on Wednesday as they probe the world’s biggest rogue trading scandal, Paris prosecutors said.
In January, France’s second-biggest […]

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Consumer confidence lowest on record

March 11, 2008

Confidence in the economy dropped to a new low as worries about a possible recession, persistent problems in the housing and credit markets and […]

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FDA panel on anemia drugs has investors wary

March 10, 2008

A U.S. Food and Drug Administration advisory panel may call on Thursday for further restrictions on the use of anemia drugs in cancer patients, […]

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Survey finds risks to China competitiveness, potential for better profitability

March 6, 2008

China is fast losing its manufacturing competitiveness in some industries, and companies need to upgrade their operations there to stay profitable, according to a […]

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United Tech bids $2.6B for Diebold

March 5, 2008

United Technologies Corp. said Sunday it has made an offer to buy Diebold Inc. for $2.63 billion.
United Technologies (UTX, Fortune 500), parent company of […]

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Japan

March 4, 2008

Japan's wages rose at the fastest pace in 19 months in January, a boost to consumers at a time when the economy's export-led expansion […]

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Micro-loan lenders see market in serving entrepreneurs

March 3, 2008

For owners of small businesses with low, little or no credit, Justine Petersen Housing & Reinvestment Corp. is their last hope.
Clients of the […]

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Credit crisis throws AIG into

March 1, 2008

American International Group (AIG.N: Quote, Profile, Research), on the heels of reporting its largest-ever loss, said on Friday the subprime crisis had thrown it […]

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