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Monthly Archive October, 2008

German Industrial Output Rises the Most in 15 Years

October 9, 2008

Industrial production in Germany, Europe's largest economy, rose the most in 15 years in August led by demand for construction.
Output gained a seasonally […]

finance - Comments closed

Australia Cuts Key Rate by 1 Point, Most Since 1992

October 7, 2008

Australia's central bank cut its benchmark interest rate by one percentage point, the biggest reduction since a recession in 1992, to cushion the nation's […]

term - Comments closed

Credit still tight after House OK’s bailout

October 6, 2008

Though a financial rescue plan was passed Friday, credit still remained tighter than ever.
The House voted in favor of the Treasury’s $700 billion plan […]

economics - Comments closed

Southwest expands to Minneapolis

October 4, 2008

DALLAS — Southwest Airlines Co. plans to begin service in March to Minneapolis, its first new city in more than a year, even as […]

online - Comments closed

Warren Buffett to invest in GE

October 3, 2008

General Electric said Wednesday it intended to raise $12 billion through a common stock offering, in addition to plans to allow billionaire investor Warren […]

management - Comments closed

Bush, Paulson Intensify Lobbying to Salvage Bank Rescue Plan

October 1, 2008

The Bush administration is stepping up private pressure on Congress to accomplish what its public appeals could not: passage of a $700 billion bank […]

money - Comments closed