Egypt stock market drops on political unrest (AP)

By admin on November 21st, 2011

A protester throws a gas canister towards Egyptian riot police, not seen, near the interior ministry during clashes in downtown Cairo, Egypt, Sunday, Nov. 20, 2011. Firing tear gas and rubber bullets, Egyptian riot police on Sunday clashed for a second day with thousands of rock-throwing protesters demanding that the ruling military quickly announce a date to hand over power to an elected government. (AP Photo/Tara Todras-Whitehill)AP – Egypt’s benchmark stock index extended its decline for a second consecutive day and airport officials reported a sharp drop Monday in international passenger arrivals as deadly clashes in the capital cast fresh doubts about the country’s political stability days before pivotal parliamentary elections.


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Egypt stocks tumble on Cairo unrest (AP)

By admin on November 20th, 2011

AP – Egypt’s benchmark stock index tumbled more than 2 percent on Sunday as clashes between protesters and security forces entered their second day and rattled investor confidence in the country’s already stumbling economy.

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Summary Box: Dow jumps on Italy budget deal (AP)

By admin on November 11th, 2011

AP – EUROPE AGAIN: Italy’s benchmark stock index leapt 3.7 percent and its borrowing costs plunged after the country’s Senate passed a crucial austerity budget demanded by the European Union. Other European stock markets and the euro also pushed higher as investors became more confident that Italy would avoid a fiscal disaster.

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Reuters – Shares of Embraer (EMBR3.SA), the world’s third-largest commercial planemaker, suffered the worst drop on Brazil’s benchmark stock index on Thursday after reporting weak results and disclosing a bribery investigation.

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Reuters – Shares of Embraer (EMBR3.SA), the world’s third-largest commercial planemaker, suffered the worst drop on Brazil’s benchmark stock index on Thursday after reporting weak results and disclosing a bribery investigation.

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TSX rallies to end higher (Reuters)

By admin on October 26th, 2011

Reuters – Toronto’s main stock index staged an afternoon rally to finish higher on Wednesday, boosted by some solid U.S. earnings and details that emerged from Europe about how the region plans to tackle its debt crisis.

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Reuters – Toronto’s main stock index ended sharply lower on Friday as surprisingly strong North American jobs data was overshadowed by downgrades of Spain and Italy’s credit ratings.

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Reuters – Toronto’s main stock index ended sharply lower on Friday as surprisingly strong North American jobs data was overshadowed by downgrades of Spain and Italy’s credit ratings.

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