Monthly Archives:  November 2013

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• Spain’s Outlook Raised to Stable at S&P Netherlands Cut

  Full Story | 29th November 2013
  Spain’s debt outlook was raised to stable from negative by Standard & Poor’s, which cited a resumption in economic growth, reducing chances the ratings company would cut the nation’s score to junk.The ratings company also .

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• Nokia Software Revived by Jolla in Challenge to Android

  Full Story | 28th November 2013
  Jolla Oy, a Finnish smartphone maker founded by former Nokia Oyj (NOK1V) engineers, is stepping up its challenge to Apple Inc. (AAPL) and Google Inc. after its first handsets were snapped up by consumers looking .

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• Gold Heading for 2013 Low as Haven Demand Ebbs

  Full Story | 27th November 2013
  Gold is trading 5.6 percent above a 34-month low of $1,180.50 an ounce set on June 28. UBS AG cut its one-month target to $1,180 yesterday and prices may “easily” fall below $1,125 by the .

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• Vivendi Takes M&A Pause to Decide How to Spend $14 Bil

  Full Story | 22nd November 2013
  Vivendi SA, debating how to spend what remains of the $14 billion from asset sales after cutting debt, is done with big acquisitions for now as the board favors returning surplus cash to investors in .

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• Morgan Stanley in Discussions to Sell Oil Unit to Rosneft

  Full Story | 21st November 2013
  Morgan Stanley (MS) is in talks to sell its global oil business to OAO Rosneft (ROSN), Russia’s largest petroleum producer, a person briefed on the discussions said.The talks are in early stages and a deal .

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• Nokia Investors Approve Phone Unit’s Sale to Microsoft

  Full Story | 20th November 2013
  Nokia Oyj (NOK1V) investors cleared the sale of its mobile-phone unit to Microsoft Corp. (MSFT) in a 5.44 billion-euro ($7.4 billion) deal, unshackling the Finnish company from the unprofitable division and letting it focus on .

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• Walk for cancer a huge success

  Full Story | 19th November 2013
  What a great start for the CC Cancer Foundation, together we collected €2100 - Calamatta Cuschieri are doubling it to make it a grand total of €4200! We would like to thank all those who attended and made .

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• Bitcoin Gaining Validity Fuels Rally in Virtual Currency

  Full Story | 19th November 2013
  Bitcoin’s rally is accelerating as the U.S. Department of Justice’s description of the digital currency as a “legal means of exchange” bolsters the prospect of wider acceptance as an alternative payment system.Bitcoins, which exist as .

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• Airbus to Boeing Rope in Record Orders at Dubai Airshow

  Full Story | 18th November 2013
  An hour’s drive from Dubai on a sand-swept road lined with waste-disposal facilities and aluminum smelters, the fate of global aviation is being decided.Boeing Co. and Airbus SAS executives flocked to the new site of .

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• Sony Channels Lou Reed Seeking ‘Perfect’ PS 4 Debut

  Full Story | 15th November 2013
  Sony Corp. chose Lou Reed’s “Perfect Day” as the background music in ads for the new PlayStation 4 that goes on sale in U.S. stores today.Chief Executive Officer Kazuo Hirai, who has made the video-game .