Finance
Wednesday, May 25th, 2011
The use of national demographics to determine if a company is complying with employment equity requirements will probably be removed from proposed amendments to legislation.
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Tags: Bill, Company, Controversial, Employment, employment equity, equity, equity requirements, Finance, legislation, national demographics, post, proposed amendments, View
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Tuesday, May 24th, 2011
Spain’s effort to bolster its banks, stanch spending and stave off sovereign debt contagion will hinge in part on the initial public offering of Bankia, a lender formed from the merger of seven savings banks.
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Tags: Bankia, contagion, Debt, Finance, initial public offering, IPO, Merger, post, savings banks, sovereign debt, Stress, stress test
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Monday, May 23rd, 2011
A congressional agreement to increase the U.S. debt limit and reduce federal spending may take until August, the Republican chairman of the U.S. House Budget Committee said.
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Tags: agreement, Budget, budget committee, chairman, Committee, deal, debt limit, federal spending, Finance, post, republican chairman, View
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Sunday, May 22nd, 2011
Bank of England Chief Economist Spencer Dale said that officials should raise interest rates to bring inflation under control even if Britain’s economic recovery isn’t yet assured.
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Tags: Bank, Bank of England, boe, chief economist, control, Deter, economic recovery, England, Finance, inflation, post, rate increase, Spencer, View
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Saturday, May 21st, 2011
The International Monetary Fund said today it approved a 26 billion-euro loan to Portugal as part of a joint rescue package with the European Union.
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Tags: European, european union, Finance, IMF, international monetary fund, Monetary, package, Portugal, post, Rescue, today, Union
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Friday, May 20th, 2011
Asian stocks advanced, paring the regional benchmark index’s third consecutive weekly decline, as exporters gained after reports showed U.S. jobless claims fell even as manufacturing growth slowed.
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Tags: asian stocks, benchmark index, Decline, Exporters, Finance, Gain, index, Jobless, jobless claims, Manufacturing, post
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Thursday, May 19th, 2011
Carlyle Group, the second-largest buyout firm, expects to raise $950 million from investors for its first private-equity fund dedicated to deals in South America, according to a person with knowledge of the plan.
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Tags: Carlyle, carlyle group, Finance, firm, Group, investors, Knowledge, Million, person, post, private equity fund, South America
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Wednesday, May 18th, 2011
Dispense with political rhetoric, says Frank Aquila, and focus on a number of ideas that could spur job creation
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Tags: agenda, aquila, creation, Dispense, Finance, job creation, Jobs, political rhetoric, post, Stories, View
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Tuesday, May 17th, 2011
PPC, SA’s biggest cement producer, has been hit by continued weakness in the construction industry.
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Tags: cement producer, construction industry, Finance, post, PPC, producer, profit, slumps, Stories, View, weakness
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Monday, May 16th, 2011
The road construction and infrastructure group Raubex has been hit lower margins, but remains upbeat amid an expansion drive in India and the rest of Africa.
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Tags: Drive, Earnings, expansion, expansion drive, Finance, infrastructure group, margins, post, Raubex, Road, road construction, Slump, Stories, View
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