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Sunday, February 5, 2012

Central bank liquidity tap to stay open

Posted by Reuters: Business News on February 5, 2012

LONDON (Reuters) – After a blockbuster January for both equities and bonds – rallies that caught many in the market by surprise – investors will be paying keen attention to the world’s central banks in the coming week for signs of continued easy money.



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Central bank liquidity tap to stay open

Posted by Reuters: Business News on February 4, 2012

LONDON (Reuters) – After a blockbuster January for both equities and bonds – rallies that caught many in the market by surprise – investors will be paying keen attention to the world’s central banks in the coming week for signs of continued easy money.



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Exclusive: Borrowers turn lenders as banks tap firms for cash

Posted by Reuters: Business News on January 9, 2012

LONDON (Reuters) – Blue-chip names like Johnson & Johnson , Pfizer and Peugeot are among firms bailing out Europe’s ailing banks in a reversal of the established roles of clients and lenders.



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Exclusive: Italian banks tap 116 billion euros of ECB loans

Posted by Reuters: Business News on December 21, 2011

ROME/MILAN (Reuters) – More than a dozen Italian banks, including top lenders UniCredit and Intesa Sanpaolo , tapped 116 billion euros ($143.52 billion) of new three-year loans offered by the European Central Bank, nearly a quarter of the total, three sources with direct knowledge of the matter told Reuters.



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Olympus aims to tap Sony, others for $1.3 billion in new capital

Posted by Reuters: Business News on December 20, 2011

(Reuters) – Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares with Japanese high-tech stalwarts Sony and Fujifilm seen as likely buyers as it tries to bolster its depleted finances, the Nikkei business daily reported.



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China’s "Best Buys" scramble to tap e-commerce boom

Posted by Reuters: Business News on December 8, 2011

HONG KONG (Reuters) – Two Chinese appliance and electronics retailers, regarded by some as the country’s answers to Best Buy Co Inc , are racing to beef up their e-commerce arms and tap the booming but highly competitive online retail market.



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Futures gain with Italy budget vote on tap

Posted by Reuters: Business News on November 8, 2011

NEW YORK (Reuters) – Stock index futures advanced on Tuesday as Italian lawmakers readied for a crucial vote on public finances that marks the latest turn in the euro zone debt crisis.



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Wall St rises on ADP jobs report, Fed on tap

Posted by Reuters: Business News on November 2, 2011

NEW YORK (Reuters) – Stocks rebounded after two days of losses on Wednesday, aided by upbeat job market data as investors eyed a crisis meeting about Greece and a Federal Reserve policy session.



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Analysis: As banks squeeze, alternative lenders gain traction

Posted by Reuters: Business News on October 17, 2011

(Reuters) – Alternative finance firms, from credit unions to online and pawn lenders, are gaining traction as banks turn off the tap for easy cash and start charging fees for services that customers have had for free.



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Insight: Companies forge lean business models to tap rural India

Posted by Reuters: Business News on September 16, 2011

SITAPUR, India (Reuters) – Carrying two worn bags full of toothbrushes and toothpaste, Raj Verma rides his battered bicycle around villages in India’s northern state of Uttar Pradesh, leaving fresh supplies of Colgate products at the small shops he visits.



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