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| THE FINANCIAL EXPRESS |
Fri, 21 Nov 2008 |
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THE FINANCIAL EXPRESS
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India can and will survive global crisis: PM
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PM said authorities are struggling to shore up growth against the impact of the global crisis.
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Mkts cheer, Sensex surges over 300 pts
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Sensex soared by over 320 points in late morning trade after PM assured of 8 pct growth rate.
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'JPMorgan cuts 3,000 investment banking jobs'
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JPMorgan is cutting 10 pct of its investment banking staff as the economic slowdown starts to bite into its earnings.
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Now, Singapore joins the recession club
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Singapore's economy is seen growing around 2.5 pct this year and could shrink next year.
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Oil falls below $49/barrel, at a 3.5 yr low
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Oil tumbled below USD 49 a barrel on Friday, nearing a $100 drop from its July record high.
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Citi eyes selling businesses, other options: Source
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Citigroup is looking at multiple options as its share price sinks, including selling businesses, shares, or merging with another firm.
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US news agency AP to cut more than 400 jobs
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The AP employs 4,100 people, including 3,000 editorial staff, and a 10 pct reduction would amount to more than 400 jobs.
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