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Breaking news on category 'Business, Economics, Finance, Stock and Markets' in Africa.

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SAS blames ash cloud for second-quarter loss

Site page imageBy KARL RITTER 2010-08-18T08:18:16Z STOCKHOLM (AP) -- Scandinavian airline group SAS AB saw its losses narrow in the second quarter and said Wednesday it would have swung back to profit if it weren't for the ash cloud from an Icelandic volcano.

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French Leading Index Falls In June

Site page imageA leading indicator of the French economy fell for the first time in over a year in June, dampening the prospects for Europe's second largest economy.

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Forex: USD/CHF turns lower, 1.0400 broken

Site page imageFXstreet.com (Barcelona) - The sharp fall seen in the pair from a 2-week high above 1.0600 touched. For more information, read our latest forex news.

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Eurasian Natural Resources H1 Profit Surges On Higher Prices, Volumes - Update

Site page imageKazakhstan-based Eurasian Natural Resources Corp. Plc reported Wednesday a 63.5% rise in pre-tax profit for the first half, driven mainly by strong growth in sales prices and volumes amid continued recovery in market demand. Six-month pre-tax profit surged to US$1.

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Forex: EUR/JPY sideways around 109.60

Site page imageFXstreet.com (Barcelona) - After moving away from a fresh 6-week low reached yesterday at 109.04,. For more information, read our latest forex news.

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Moody's: U.S., U.K, Germany, France Aaa Ratings Well Positioned - Reports

Site page imageThe triple-A sovereign ratings of France, Germany, the U.S. and the U.K. are well positioned, despite the fiscal challenges, rating agency Moody's reportedly said Tuesday.

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Leading Indicators Suggest Slowing China Growth, Capital Economics Says

Site page imageForward looking indicators for China suggest that the economy will loose growth momentum and authorities may need to loosen policy further to prevent a hard landing, macroeconomic research consultancy Capital Economics said Tuesday.

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AP Poll: Obama at new low for handling economy

Site page imageBy LIZ SIDOTI 2010-08-18T07:19:33Z WASHINGTON (AP) -- President Barack Obama earned his lowest marks ever on his handling of the economy in a new Associated Press-GfK poll, which also found that an overwhelming majority of Americans now describe the nation's financial outlook as poor.

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Forex: GBP/USD Has broken channel support - Commerzbank

Site page imageFXstreet.com (Barcelona) - Pound's rejection from 1.5700 yesterday has triggered a 200 pips decline. For more information, read our latest forex news.

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Forex: AUD/USD falls below 0.9000, daily low

Site page imageFXstreet.com (Barcelona) - AUD/USD rally from highs above 0.9200 last August 6 was halted at a. For more information, read our latest forex news.

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