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Voters ready to call can, Obama wins backing from NY mayor and other Economy news

The economy news of 2012-11-02 on Tamugaia - Voters ready to call candidates’ bluff, and Obama wins backing from NY mayor.
Voters ready to call candidates’ bluff - The Obama and Romney camps are each convinced their candidate will be president. They cannot both be right, so how is their self-confidence to be explained... [ View ]

Obama wins backing from NY mayor - With just four days until election day, polls continue to show the two men running neck-and-neck, with the two men tied on 47.4 per cent support each... [ View ]

Storm over ‘Lagarde list’ intensifies - George Papaconstantinou and his successor Evangelos Venizelos could face charges of criminal negligence if parliament refers them for trial... [ View ]

Sandy reveals Atlantic City’s deeper woes - The city’s 12 casinos will reopen soon, but the resort has been struggling to rebrand itself in the face of competition in other east coast cities and abroad... [ View ]

Syria plan hits fierce resistance - Opposition to US-backed efforts highlights obstacles to uniting the uprising against Bashar al-Assad as country slides deeper into civil war... [ View ]

Q3 sees rise in US productivity but drop in labour costs - WASHINGTON The US non farm labor productivity increased 1.9 per cent annual rate during the third quarter of 2012, the same as in the previous quarter indicating possibility of output from employees ...... [ View ]

Comet to be put into administration next week - LONDON - Electricals chain Comet has become the latest casualty on the high street and is due to be placed into administration next week, in a move that will put around 6,500 jobs under threat. ...... [ View ]

FOREX-Yen droops to near 4-month low, Aussie hits 1-month high - ... [ View ]

GLOBAL MARKETS-Asian shares, dollar rise after positive data lifts risk appetite - ... [ View ]

FOREX-Yen dangles near 4-month low, commodity currencies firm - ... [ View ]

US bond funds see outflows after 20-week streak -Lipper - ... [ View ]

China’s manufacturers return to growth - Renewed optimism about the Chinese economy will form a much-wanted positive backdrop for the ruling Communist party at its Beijing congress next week... [ View ]

Moscow defends Rosneft move on TNK-BP - Russia’s deputy PM says acquisition accelerates plan to reduce government’s stake in Russian oil group and helps it compete globally... [ View ]

Data point to sluggish US jobs market - Friday’s payrolls report is the last big economic indicator due before next week’s presidential election, while manufacturing in September continued to expand... [ View ]

Sharp admits ‘material doubt’ on survival - Strong yen and competition from lower-cost manufacturers in Asia have turned products that once underpinned their success into financial millstones... [ View ]

Shell warns refining boom to end soon - Third-quarter profits fall 6% as the group suffers from a glut of US natural gas due by the shale boom, but enjoys higher refining profit margins... [ View ]

Qatar’s flowering relationship with Paris - Doha’s international relations show its investments are geared primarily to profit, security and building a brand that appeals to its western allies... [ View ]

Gold trade drives Turkey’s exports - Precious metals drive sales to traditional entrepôt for Tehran, thanks to Iranian demand for gold amid international sanctions... [ View ]

Bargain stock hunters target Saudi Arabia - Oil price falls, uncertainty over ageing leadership and fears over the impact of possible bad loans to building industry trouble some investors... [ View ]

UAE bank rules restrict lending levels - Directive forms part of broader effort by the central bank and UAE rulers to tighten up financial system after perceived excesses of the boom years... [ View ]

Iran’s currency traders forced underground - Police have closed many money exchanges in Tehran following the rial’s plunge in value, but some dealers are continuing to operate in secret... [ View ]

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