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Tax credits fuel 10 percent surge in US home sales

AFP - 4 hours 53 mins ago

WASHINGTON (AFP) - A rush to cash in on tax incentives helped to push up sales of existing US homes by 10.1 percent in October giving momentum to the ailing sector, industry data showed Monday. More »

Cadbury shares hits new high
Reuters - 3 hours 24 mins ago
LONDON (Reuters) - Speculation about a bid battle for Cadbury among Kraft Foods and other rivals lifted shares in the British confectioner to a new high on Monday but analysts doubt whether a competing bid will emerge. More »
Britons back 'Tobin' tax to help the poor: poll
AFP - 4 hours 14 mins ago
LONDON (AFP) - More than half of Britons would support a tax on financial transactions if part of the money was directed to help people hit by the economic crisis here and abroad, a poll showed Monday. More »
A speedier stimulus may mean a quicker exit
Reuters - 4 hours 22 mins ago
LONDON (Reuters) - The Bank of England has raced far ahead of its peers along the quantitative easing road, but it could overtake other central banks in the reverse direction when the time comes to tighten. More »
'Premature' to declare crisis over: ECB head
AFP - 5 hours 51 mins ago
MADRID (AFP) - European Central Bank President Jean-Claude Trichet said Monday it was "premature" to declare the global financial crisis over. More »
British leaders clash over public finances, recovery
AFP - 4 hours 45 mins ago
LONDON (AFP) - Britain's political leaders clashed Monday at a key business conference over how to fix rocketing public debt and spark economic recovery, with an election looming next year. More »
Leaders clash over public finances, recovery
AFP - 5 hours 4 mins ago
LONDON (AFP) - Political leaders clashed Monday at a key business conference over how to fix rocketing public debt and spark economic recovery, with an election looming next year. More »
FTSE breaks losing streak
Reuters - 5 hours 6 mins ago
LONDON (Reuters) - The FTSE 100 index ended sharply higher on Monday, snapping a four-day losing streak, with commodity and banking stocks rallying after comments by a senior U.S. Federal Reserve official. More »
FTSE 100 makes big gains
AFP - 5 hours 20 mins ago
LONDON (AFP) - The leading shares posted big gains on Monday, led by miners who were boosted by better-than-expected US housing data and a weak US dollar. More »