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Malta Is Open For Business

Malta provides a very open environment to foreign investment and has done so throughout it’s existence as an independent republic. This article will help to explain how a business can benefit from using Malta as a base of operations. Article … Continue reading

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Asia shares inch ahead, euro firm before ECB

SYDNEY Asian shares eked out cautious gains on Wednesday as concerns about corporate earnings hobbled Wall Street while investors counted down to the European Central Bank’s policy meeting later in the week. MSCI’s broadest index of Asia-Pacific shares outside Japan … Continue reading

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Oil falls after industry report shows surge in U.S. crude stocks

SINGAPORE Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude inventories last week, fanning worries over global oversupply, even as a slightly weaker dollar provided some support. Brent crude for December … Continue reading

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Japan export growth slows sharply, raising fears of recession

TOKYO Japan’s annual export growth slowed to a crawl in September as slumping sales in China shrank the volume of shipments, raising fears that weak overseas demand may have pushed the economy into recession. Ministry of Finance data showed exports … Continue reading

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China aims to lure private investors to projects: state media

SHANGHAI China will look to push out tax breaks, introduce financial incentives and streamline approval processes for infrastructure projects seeking private investment, state media reported, as Beijing looks to drum up so far tepid interest for such schemes. The comments … Continue reading

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Oil steadies under $50 but outlook uncertain

LONDON Oil prices steadied on Tuesday after a week of falls, but the outlook was uncertain as the head of the world’s biggest independent oil trader said the market would struggle to recover much ground over the next year. Brent … Continue reading

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United Tech profit beats forecasts; buyback, restructuring planned

United Technologies Corp (UTX.N) reported a drop in quarterly profit on Tuesday that still beat analyst expectations, and its chief executive said the industrial manufacturer would announce a significant restructuring before the end of the year. The U.S. aerospace and … Continue reading

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Wall St. open lower as IBM drags

U.S. stocks opened lower on Tuesday as IBM dragged down the Dow and SP 500, a day after reporting disappointing results and cutting its full-year profit forecast. IBM (IBM.N) fell nearly 6 percent to $140.90 after it reported a bigger-than-expected … Continue reading

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BNY Mellon’s cost-cutting drive hit by software outage

BOSTON Bank of New York Mellon Corp (BK.N) on Tuesday reported third-quarter results that beat expectations, but said its cost-cutting drive was interrupted by a summertime software outage that forced it to compensate clients. The large custody bank roiled much … Continue reading

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Oprah invests in Weight Watchers, shares double

CHICAGO Media mogul Oprah Winfrey will buy a 10 percent stake in Weight Watchers International Inc (WTW.N), adding her celebrity and consumer appeal to a diet brand that has been shedding subscribers. Shares of Weight Watchers soared on the news … Continue reading

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