UNEMPLOYMENT

Ex-UBS star shakes and stirs at BofA Asia

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When some bankers arrived late for work at Bank of America-Merrill Lynch's Asia headquarters in Hong Kong earlier this year, they found a Post-It note on their computer screens.
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Boeing Obama

Obama Praises Boeing-Indonesia Jet Deal

President Barack Obama welcomed on Friday a $21.7 billion jet deal his administration helped broker between Boeing and an Indonesian airline, calling it a win-win for U.S. workers and Asian consumers
School Child

More than 1 in 5 U.S. children poor, Census says

The number of children in the United States considered poor rose by 1 million in 2010, the U.S. Census said Thursday, with more than one in five of the youngest Americans now living in poverty.
Financial Crisis

Saving Capitalism from the Capitalists

Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
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Jobs, housing data bolster growth outlook

New U.S. claims for jobless benefits hit a seven-month low last week and permits for future home construction rebounded strongly in October, the latest data to suggest the economy was gaining traction.
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Jobless claims fall to 7-month low

New U.S. claims for unemployment benefits dropped to a seven-month low last week, a government report showed on Thursday, suggesting the labor market was gaining some traction.
Truworths

Mr Price H1 profit up, to enter Nigeria

South Africa's third-biggest listed clothes retailer, Mr Price, reported a 22 percent rise in first-half profit as above-inflation wage increases and decades-low interest rates lift consumer spending in Africa's biggest economy.
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Euro zone barely grows in Q3, recession looms

The euro zone economy grew just 0.2 percent in the third quarter as solid growth in Germany and France was dampened by countries at the sharp end of the debt crisis and economists expect a slide into recession by early next year.

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