Roundup: UAE markets lead regional rebound

February 3, 2011 11:21 am· Comments Off on Roundup: UAE markets lead regional rebound 

DUBAI, Feb. 3 — Stock markets in Dubai and Abu Dhabi, the United Arab Emirates (UAE), rebounded strongly Wednesday amid rising awareness that Gulf Arab markets were not affected by Egypt's crisis as investors had feared at first.

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Dollar mixed on Egypt unrest

February 3, 2011 11:21 am· Comments Off on Dollar mixed on Egypt unrest 

NEW YORK, Feb. 3 — The U.S. dollar traded mixed against major currencies in late New York trading on Wednesday as the unrest in Egypt lifted safe-haven investment.

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Oil price rises as conflicts in Egypt escalate

February 3, 2011 11:21 am· Comments Off on Oil price rises as conflicts in Egypt escalate 

NEW YORK, Feb. 3 — U.S. crude oil futures rose on Wednesday as conflicts in Egypt escalated.

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Ukraine's industrial output to rise steadily in 2011-2012: PM

February 3, 2011 11:21 am· Comments Off on Ukraine's industrial output to rise steadily in 2011-2012: PM 

KIEV, Feb. 3 — Ukraine's industrial output is expected to rise by 7 to 8 percent year-on-year in 2011-2012, prime minister Mykola Azarov said on Wednesday.

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Gold drops on improving economic prospect

February 3, 2011 11:21 am· Comments Off on Gold drops on improving economic prospect 

CHICAGO, Feb. 3 — Gold futures on the COMEX Division of the New York Mercantile Exchange declined on Wednesday, as investors expected continued improvement in the U.S. economy. Hikes in equity and U.S. dollar also helped erode gold's appeal.

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Mattel reports strong profits for 2010

February 3, 2011 11:21 am· Comments Off on Mattel reports strong profits for 2010 

LOS ANGELES, Feb. 3 — Mattel Inc., the world's largest toy maker, reported on Wednesday that its profit reached 684.9 million U.S. dollars last year, compared with 528.7 million the previous year.

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London stock market closes higher

February 3, 2011 11:21 am· Comments Off on London stock market closes higher 

LONDON, Feb. 3 — The London stock market closed higher on Wednesday with the leading FTSE 100 index up by 42.25 points, or 0.71 percent, to 6,000.07 points.

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Georgia to export corn for first time in 2011

February 3, 2011 11:21 am· Comments Off on Georgia to export corn for first time in 2011 

TBILISI, Feb. 3 — Georgia the country is expected to export corn this year for the first time in history, thanks to a special corn production program in the hope of tripling the yield of the crop.

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Brazil's industrial production up 10.5% in 2010

February 3, 2011 11:21 am· Comments Off on Brazil's industrial production up 10.5% in 2010 

RIO DE JANEIRO, Feb. 3 — Brazil's industrial production increased by 10.5 percent in 2010, the Brazilian Institute of Geography and Statistics IBGE said on Wednesday.

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Jordan's stock market index closes higher

February 3, 2011 11:21 am· Comments Off on Jordan's stock market index closes higher 

AMMAN, Feb. 3 — The shares price index of Jordan's Amman stock market closed at 2,400 points on Wednesday, increasing by 24 points from Tuesday's finish.

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