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Attorneys General Of 23 US States Urge Hyundai, Kia To Take Swift Action Against Car Thefts
A group of 23 U.S. states attorneys general have asked South Korean car manufacturers Hyundai Motor and Kia Corp. to take action more quickly to solve problems with millions of U.S. vehicles facing theft. The issue is related to the companies' failure to equip vehicles with anti-theft immobilizers, which has been a standard equipment on vehicles sold by other major manufacture
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Euro Climbs Amid Risk Appetite
The euro advanced against its major counterparts in the European session on Tuesday amid risk appetite, as fears over a banking crisis eased, and investors awaited the Federal Reserve's interest-rate decision.
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Bay Street Likely To Open On Cautious Note; Inflation Data In Focus
Bay Street is set to open on a cautious note on Tuesday with investors reacting to Canadian inflation data for the month of February, and looking ahead to the Federal Reserve's rate decision on Wednesday.
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German ZEW Economic Confidence Declines Sharply In March
German economic confidence declined sharply in March reflecting the turmoil in the global financial markets, a closely-watched survey showed Tuesday. The ZEW Indicator of Economic Sentiment declined to 13.0 in March from 28.1 in February, the Mannheim-based think tank said.
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BlackBerry To Sell Non-core Patents And Patent Applications To Malikie For Up To $900 Mln
BlackBerry Ltd. (BB, BB.TO), a provider of intelligent security software and services, announced Tuesday that it has entered into an agreement to sell substantially all of its non-core patents and patent applications to Malikie Innovations Ltd. for a combination of cash at closing and potential future royalties in the aggregate amount of up to $900 million.
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UK Budget Deficit Widens On Energy Subsidies
The UK budget deficit increased more than expected to its highest February level due to huge spending on energy support schemes, the Office for National Statistics reported Tuesday. Public sector net borrowing excluding banks increased by GBP 9.7 billion from the last year to GBP 16.7 billion in February.
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Sensex, Nifty Follow Global Peers Higher
Indian shares rose notably on Tuesday as fears of contagion in the banking sector subsided after the rescue of Credit Suisse by UBS and moves by central banks to improve dollar liquidity.
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European Shares Gain As Investors Await Fed Decision
European stocks traded higher on Tuesday as a two-day policy meeting of the Federal Reserve gets underway later today, with markets expecting a 25-bps rate hike on Wednesday.
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FTSE 100 Rises As Bank Concerns Ease
U.K. stocks opened higher on Tuesday as moves to prop up struggling banks boosted sentiment.
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CAC 40 Extends Gains As Investors Look To Fed
French stocks rose on Tuesday to extend gains from the previous session as a two-day policy meeting of the Federal Reserve gets underway later today.
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DAX Rallies Led By Banks
German stocks rallied on Tuesday as fears over a banking crisis eased, and investors awaited the Federal Reserve's interest-rate decision.
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U.S. Dollar Advances As Fed Meeting In Focus
The U.S. dollar was higher against its major counterparts in the Asian session on Tuesday, as investors looked ahead to the Federal Reserve policy meeting for more clues on the rate-hike trajectory in the future.
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Asian Shares Rise As Bank Crisis Fears Ebb
Asian stocks rose broadly on Tuesday as active steps to rescue distressed banks in the U.S. and Europe helped ease fears of a banking crisis.
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Před 873 dny
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