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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 07:30 PM

HP to buy 3Par as Dell pulls out of race

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 05:41 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

09/02/2010 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 07:27 PM

Leaders promise ‘stable’ Mideast peace

Israeli and Palestinian leaders pledged to achieve a “stable and enduring” peace as they began their first face-to-face talks for almost two years, amid general scepticism of their ability to reach a viable agreement

09/02/2010 04:34 PM

US jobless data underscore weakness

New claims for jobless benefits in the US fell last week but still remain above the level economists say is necessary to create jobs

09/02/2010 06:52 PM

Burger King approves 3G Capital’s bid

The board of Burger King has agreed for the Miami-based fast-food chain to be taken private for the second time in its history, after accepting a $4bn bid from 3G Capital

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

09/02/2010 09:16 AM

RIM faces battle over content in Indonesia

Indonesia’s technology minister has taken his battle against pornography to the maker of BlackBerry smart phones, ordering the Canadian company to block digital content in one of its key Asian markets

09/02/2010 06:01 PM

Avis raises stakes in bid for Dollar Thrifty

Avis Budget has raised the cash portion of its hostile bid for Dollar Thrifty, intensifying its onslaught against an agreed offer by Hertz for the Oklahoma-based car-rental operator

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