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UK jobless rate dips to 7.7 percent, claimant count down sharply

YoopyaSep 11, 2013April 7, 20240

(Reuters) – Britain’s unemployment rate fell unexpectedly in July to its lowest since late last year, adding to bets in financial markets that the Bank of England

Kenya says Nigeria’s Dangote to build $400 million cement plant

YoopyaSep 7, 2013December 13, 20230

(Reuters) – Africa’s richest man, Nigerian Aliko Dangote, plans to invest $400 million in a cement plant in Kenya, the east African nation’s president’s office

China’s yuan joins world’s most traded currencies

YoopyaSep 6, 2013April 13, 20240

HONG KONG (AP) — China’s yuan has joined the ranks of the most traded currencies for the first time, underlining the growing might of the

Investors seek balance between central banks, Syria and rebounding economy

YoopyaSep 5, 2013April 7, 20240

(Reuters) – European government bond yields were at near 1-1/2 year highs on Thursday and the dollar clung close to six week peaks on a

Indian rupee in sharp rebound on suspected heavy intervention

YoopyaSep 4, 2013June 15, 20230

(Reuters) – The Indian rupee staged a sharp recovery on Wednesday after suspected heavy dollar selling by the central bank, preventing the battered currency from

Nokia to sell handset business to Microsoft for $7.2 billion

YoopyaSep 3, 2013April 7, 20240

(Reuters) – Two years after hitching its fate to Microsoft’s Windows Phone software, a withered Nokia collapsed into the arms of the U.S. software giant,

Verizon and Vodafone agree $130 billion Verizon Wireless deal

YoopyaSep 2, 2013April 7, 20240

(Reuters) – Verizon Communications agreed on Monday to pay $130 billion to buy Vodafone out of its U.S. wireless business, signing history’s third largest corporate

Pentagon insists it is open to foreign investment in the U.S.

YoopyaAug 31, 2013April 14, 20240

(Reuters) – The Pentagon is taking a harder look at proposed foreign acquisitions of U.S. companies given the increasing financial complexity of such deals, but

Microsoft in talks to buy stake in start-up Foursquare: Bloomberg

YoopyaAug 30, 2013April 14, 20240

(Reuters) – Microsoft Corp is in talks with social networking company Foursquare about a possible investment, Bloomberg reported on Thursday. The talks are at an advanced stage,

Indian rupee resumes slide as fears grow for slowing economy

YoopyaAug 30, 2013June 22, 20230

(Reuters) – The rupee slid back towards a record low on Friday, with investors braced for a statement on the state of economy from Prime