Roberto Abraham Scaruffi

Tuesday, 1 December 2009

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Latest Finance headlines

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Finance
Dubai's Palm Island Jumeirah has been popular with sports stars and celebrities The central bank of the United Arab Emirates (UAE) has attempted to inject confidence ahead of the markets re-opening on Monday by saying it would "stand behind" local and foreign banks.
Gold ingots of various weights,. Investors see it as a safe haven in unsettled times When HSBC closes its vaults to hundreds of American gold bugs (investors) next July, it will be shutting the door on one of the fastest growing trends in the investment community.
The coal-fired Fiddlers Ferry power station in Warrington emits vapour into the night sky People don't trade carbon because they are good people," exclaims Patrick Birley, the chief executive of the ICE European Climate Exchange, with characteristic bluntness.
Despite Bank of England predictions for stronger growth in 2010 and signs that credit conditions are easing, recovery remains precarious, according to figures released on Monday.
JP Morgan and Bank of America are preparing to lend Hershey about $7bn (£4.2bn) to help it enter a bidding war for Cadbury.
Saab, the Swedish car maker put on the block by its American parent General Motors, is in talks with at least two potential buyers following the collapse of the sale to sports car maker Koenigsegg.