Archive for December 8th, 2008

The Swiss bank could cut up to 4,500 more jobs in the near future, local media reported.
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Japan’s Nikkei 255 stock average rose 5.2%, while the Hang Seng index finished higher by 8.7%.
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Merrill Lynch CEO John Thain suggested to directors he get a 2008 bonus of as much as $10 million, but the firm’s compensation committee is resisting his request, a report says.
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The company announces results of a crucial phase II study of the experimental cancer drug.
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The nation’s largest producer of natural gas won’t issue any shares under a $1 billion equity distribution plan it unveiled last month.
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The newspaper company reportedly hires advisers to prepare for a possible bankruptcy filing.
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The money transfer partnership with Western Union will try to capitalize on an increase in cross-border remittances, a report says.
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