| Royal Bank of Scotland reports sharp loss | (AFP)
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| 6 November 2009 | State-controlled Royal Bank of Scotland on Friday reported a net loss of 1.8 billion pounds (2.0 billion euros, 3.0 billion dollars) during the third quarter. The announcement comes at the end of a week in which Britain’s government increased its stake in RBS to 84 percent in the wake of the financial crisis.
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| BIZ TALK |
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| Growth, valuation to keep Europe share alive |
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European equities have a lot more ammunition to fire in 2010 even after an eight-month bull run to new highs, as improving economic data and impressive earnings in the third quarter tempt investors to grab risky assets.
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| GOLD |
Nov 21, 2009 |
| Type |
Morning |
Yesterday |
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138.00 AED |
136.00 AED |
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129.00 AED |
127.50 AED |
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| ECONOMIC INDICATORS |
| Housing data in focus as Wall Street rally pauses |
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NEW YORK - Key housing sector data may provide direction for Wall Street in the coming week as the market looks for confirmation of economic recovery and girds for the year-end holiday period.
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| BIZ SHOTS |
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