US trade deficit soars to record US$255b
WASHINGTON, United States (AP): Pushed up by soaring oil prices, America's trade deficit surged to a record high in the summer, but analysts predicted a slowly improving imbalance in the months ahead. The current account trade deficit increased...
Merger boom shows no sign of slowing
NEW YORK, United States (Reuters): Merger proposals worth at least US$82 billion were announced around the world on Sunday and Monday as the record year for M&A values continued apace.
UK proposes national pension savings plan to avert sector collapse
LONDON, United Kingdom (Reuters): Britain's government on Tuesday detailed its proposals to avert a pension timebomb by setting up a national saving system that will cover up to 10 million citizens. A key reform element of the most radical shakeup...
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