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UK Market Rises Modestly

UK Market Rises Modestly
The UK market is modestly higher, reversing early losses, in afternoon trading Tuesday, ahead of Federal Reserve Chairman Ben Bernanke’s speech on the U.S. economy later in the day.
Read more on RTT News

Tuesday’s news and tips
■ Struggling CD and DVD retailer HMV has struck a refinancing deal with its banks worth £220m that represents an “important milestone” in securing the company’s financial stability.
Read more on Investors Chronicle

Emirates targets Saudi Arabia as prime sector market
JEDDAH: Emirates Airlines launched its 2011 holiday brochure, “World of Choice,” in Jeddah on Sunday. Saudi Arabia represents 12 percent of Emirates Holidays’ total revenue and about half of that derives from the premium customized holiday sector.
Read more on Zawya

World stocks fall after weak US jobs figures
World stock markets fell Monday after a slowdown in U.S. hiring added to evidence that the recovery in the world’s biggest economy is weakening.
Read more on AP via Yahoo! News

Posted in Oceania.

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