The Chicago Board Options Exchange, the US’s primary options-trading venue and one of the world’s last big member-owned financial exchanges, would demutualise “within days or weeks”
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The default rate for commercial mortgages in the US climbed to a fresh 16-year high in the third quarter of this year, as the property market continued to struggle under the weight of tight credit and falling rents
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The auto bailouts didn’t benefit us. Here’s why a public option won’t either.
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General Electric is close to clearing a major hurdle in its path to sell control of entertainment giant NBC Universal to Comcast, according to published reports Monday.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/fx_2WbVm3yQ” height=”1″ width=”1″/
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BP, the UK oil company, has uncovered a spill on a pipeline in Alaska, which, following major corrosion and resulting spills revealed in 2006 at the field, is likely to raise the ire of regulators
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General Electric is close to clearing a major hurdle in its path to sell control of entertainment giant NBC Universal to Comcast, according to published reports.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/fx_2WbVm3yQ” height=”1″ width=”1″/
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GE has agreed to pay Vivendi $5.8bn for the French group’s 20 per cent stake in NBC Universal, according to a person familiar with the negotiations, paving the way for the conglomerate’s planned $30bn sale of a majority stake in the US media group to Comcast
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Democratic party proposals to reform the US health insurance market would lead to a slight drop in insurance premiums for most Americans, according to an analysis released by the Congressional Budget Office
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Trio of shareholders agrees share placing ahead of $1.5bn debt refinancing
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Shares of AIG plunged nearly 15% Monday after an analyst hacked the insurance giant’ price target 40% in a research note on worries about the company’s loss reserves.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/lowz3wZThwQ” height=”1″ width=”1″/
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You can get substantial income from a diversified portfolio while still protecting yourself from inflation.
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Tony Blair ordered defence officials to draw up the military options against Saddam Hussein in June 2002 even as he warned the US president that he would only support a war with UN backing, an inquiry has heard
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The federal government, the 10th Amendment and why we should give more power to the states.
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People close to disappointed bidders GE and Toshiba said they were “very, very angry”, while Toshiba is considering a legal challenge
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Industrial companies operating in the US are warning that they will face a heavy regulatory burden should US Congress fail to pass climate change legislation
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In its first public comments since a crisis erupted over the liabilities of its public companies, Dubai’s department of finance has clarified that it will not guarantee the debts of Dubai World, a state-owned entity
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A prominent Kuwaiti conglomerate is suing the Carlyle Group in a local court, alleging that the US private equity firm misrepresented the safety of its affiliate, Carlyle Capital Corp, a public debt fund that collapsed in March 2008
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France and Germany seen as not matching commitments from other alliance members
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Not all investors are mentally prepared for when a much-awaited bull market finally comes charging in.
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The tremors caused by Dubai’s debt woes are fuelling uncertainty over whether that could mark the end of this year’s trend of buying riskier assets from emerging markets to equities
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Sentiment and technical indicators told you a long time ago that steel stocks were a steal. Nice to see Goldman Sachs in agreement.
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In its first public comments since a crisis erupted over the liabilities of its public companies, Dubai’s department of finance has clarified that it will not guarantee the debts of Dubai World, a state-owned entity
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As the healthcare bill returns to the US Senate, it is worth asking what the upper house represents. The answer, writes Steven Hill, is not America: this patrician gerontocracy more closely resembles the ancient Roman Senate
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Bill Gross and China both see bubbles forming even as they contribute to demand for U.S. Treasury debt.
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Christmas will be only modestly more expensive this year, according to a study out Monday, as prices for everything from partridges to pear trees declined in the weak economy.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/_NpDisjZuII” height=”1″ width=”1″/
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