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Keep calm and carry on, Mr Osborne

Keep calm and carry on, Mr Osborne | newztreet | Scoop.it
The autumn statement has two objectives in the British budgetary process. It provides an updated economic forecast and it makes a mid-course correction in fiscal policy, if thought necessary in light of the new outlook.
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BILL GROSS: There Are Two Big Problems With The Eurozone

BILL GROSS: There Are Two Big Problems With The Eurozone | newztreet | Scoop.it
As the eurozone debt crisis extends into its second year with no visible signs of resolution, PIMCOs Bill Gross says the eurozone is like a feuding family bound to one 'monetary house'.
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Britain Lowers Economic Growth Forecast

Britain Lowers Economic Growth Forecast | newztreet | Scoop.it
The chancellor of the Exchequer, George Osborne, said growth this year and next would be slower than forecast in March and “debt will not fall as fast as we’d hoped.”...
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Businesses Scramble as Credit Tightens in Europe

Businesses Scramble as Credit Tightens in Europe | newztreet | Scoop.it
As European banks pull back on lending, companies around the globe are finding it harder to borrow, edging the world economy toward another slump.
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Fitch warns of US downgrade over deficit

Rating agency warns that it could cut the country’s credit score if no ‘credible’ agreement is reached over the next two years to curb its mounting debt...
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Wall Street ends 7-day slide

Wall Street ends 7-day slide | newztreet | Scoop.it
NEW YORK (Reuters) - Stocks rebounded from seven days of losses on Monday as investors used the latest effort from European leaders to resolve the region's debt crisis as an opportunity to cover short positions.
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Netflix: S&P Cuts Debt Rating

Netflix: S&P Cuts Debt Rating | newztreet | Scoop.it
Standard & Poor?s this afternoon reduced its corporate credit rating on Netflix to BB- from BB, with a stable outlook. S&P credit analyst Andy Liu said in a statement that the downgrade reflects ?
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Grain of Salt With Sales

Grain of Salt With Sales | newztreet | Scoop.it
Black Friday sales need to be taken with a grain of salt, as they aren't accurate predictors of how the holiday shopping season will unfold.
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Swivl, the Swiveling Smartphone Dock, Slashes Price

Swivl, the Swiveling Smartphone Dock, Slashes Price | newztreet | Scoop.it
Swivl, the crowdfunded, swiveling smartphone dock that uses sensors to follow your movement like a mini-cameraman, is getting a price cut.
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Silicon Valley Pioneer Kurtzig’s New Venture: "Her Timing Is Perfect"

Silicon Valley Pioneer Kurtzig’s New Venture: "Her Timing Is Perfect" | newztreet | Scoop.it
Last August, Sandra Kurtzig — one of Silicon Valley’s first female chief executives and the first one to take a technology company public — emerged from retirement with $10.5 million in funding and a new start-up: Kenandy, a company based in...
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Boku Signs Up Final U.S. Wireless Operator for Carrier Billing

Boku Signs Up Final U.S. Wireless Operator for Carrier Billing | newztreet | Scoop.it
It has taken three and a half years, but Boku has finally signed up all four major U.S. carriers for its mobile payments service.
Today, the San Francisco company says Sprint is coming on board to join the three other major U.S.
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Risk = Hazard + Outrage: A Conversation with Risk Consultant Peter Sandman

Risk = Hazard + Outrage: A Conversation with Risk Consultant Peter Sandman | newztreet | Scoop.it
In our recent podcast “The Truth is Out There… Isn’t It?,” we hear from professional skeptics, former UFO investigators, and  “social incompetence” experts.
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Italy Sees Borrowing Costs Surge

Italy's borrowing costs soared as the euro zone's third-largest economy again paid euro-era record yields to lure buyers for its latest bond auction. The key 10-year yield also rose in the market.
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Facebook Plans $10 Billion IPO At $100 Billion Valuation Next Spring

Facebook Plans $10 Billion IPO At $100 Billion Valuation Next Spring | newztreet | Scoop.it
Facebook will make its debut on public markets between April and July next year and plans to raise up to $10 billion at a $100 billion valuation, according to a report by the Wall Street Journal.
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Microsoft Has No Interest In Buying All Of Yahoo, Sources Say (YHOO, MSFT)

Microsoft Has No Interest In Buying All Of Yahoo, Sources Say (YHOO, MSFT) | newztreet | Scoop.it
Microsoft and Silver Lake Partners are leading a group of investors that look to buy up to a 20 percent minority stake in Yahoo, according to a report by the New York Times.
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Counterparties

Counterparties | newztreet | Scoop.it
Is it cheaper for Germany to bail out EU countries rather than leave the euro? — Washington Post
Weisenthal and Platt question the importance of debt-to-GDP ratios.
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AT&T's 11th-Hour Plan to Save Its Deal With T-Mobile

AT&T's 11th-Hour Plan to Save Its Deal With T-Mobile | newztreet | Scoop.it
AT&T is in talks with Leap Wireless, a second-tier but growing wireless player, to sell it a big piece of T-Mobile's customer accounts and some wireless spectrum, according to people involved in the negotiations.
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