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09/02/2010 04:26 PM

Dell walks away from 3Par bidding battle

Hewlett-Packard appeared to have won the bidding battle for data storage technology company 3Par after Dell said on Thursday it would not raise its offer and was ending talks

09/02/2010 05:24 PM

Bernanke regrets reticence on Lehman

Ben Bernanke, Federal Reserve chairman, expressed regret for not being “more straightforward” with Congress in 2008 when he avoided saying that the central bank had no means to save Lehman Brothers.

09/02/2010 06:09 PM

Oil rig explodes in Gulf of Mexico

An oil platform 80 miles offshore in the Gulf of Mexico exploded on Thursday, sparking a rapid search and rescue helicopter response that recovered 13 people, the US Coast Guard said

09/02/2010 12:27 PM

RBS cuts further 3,500 jobs

Royal Bank of Scotland is axing another 3,500 jobs, taking to almost 27,000 the number of staff cut since Stephen Hester took over as chief executive of the troubled UK bank

09/02/2010 09:59 AM

UK house prices on downward trend

UK house prices fell in August for the second month in a row, marking the first back-to-back house price declines since February 2009, according to a closely watched index

09/02/2010 06:50 PM

Trichet raises eurozone growth forecast

The European Central Bank said eurozone growth this year would be much stronger than previously expected, but betrayed worries about the outlook by warning that its forecasts could prove over-optimistic and extending into 2011 the supply of emergency liquidity to the region’s banks

09/02/2010 05:41 PM

Rally resumes after supportive US data

Traders are again adding to risky bets following a batch of supportive US data, though the mood is less ebullient than witnessed in Wednesday’s session

09/01/2010 11:52 PM

Obama makes big push on Mideast talks

The US president declared that ‘the hard work is only beginning’ after he held one-on-one meetings with the Israeli and Palestinian leaders, as his administration embarked on its most concerted effort yet at brokering peace in the region

09/02/2010 01:13 AM

Apple raises stakes in TV battle

The digital entertainment company made its most serious bid yet for the internet-connected television market, slashing the price and size of its AppleTV product by more than half

09/01/2010 08:38 PM

Rivals leave next Labour leader a conundrum

Blair and Brown may now have left the stage, but the argument between them has not been resolved, and whoever wins the party leadership cannot avoid it

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