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Facebook IPO: Regulators review disclosure procedures

Facebook IPO: Regulators review disclosure procedures

It was the most hotly anticipated stock debut in years, raising $16bn, and valuing the social networking sensation, Facebook at $104bn. But now - just days after the fanfare - it’s in another media storm.

Dollar Remains Safe Parking Lot For Funds

US Dollar
The U.S. dollar is expected to hold its own as a safe-haven currency in the near term as risk aversion in the global financial markets remains amid the euro zone's troubles.
Facebook share trading on Nasdaq

Facebook share trading on Nasdaq

Facebook have begun trading shares on the Nasdaq Stock Market today, priced at $38 which makes the eight year old company, worth a staggering $104 billion.
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Euro

Will Euro Touch Its 2012 Lows?

The downtrend in the euro (EUR) seems set to last in the coming weeks as the single currency continues to come under pressure due to political uncertainty, sovereign debt crisis, and deepening recession in the eurozone.
BoE to Face Dilemma on QE Call

BoE to Face Dilemma on QE Call, Expects Slow Recovery in 2012

The Bank of England (BoE) is expected to take a call on whether to extend its £325 billion quantitative easing to support the economy when it meets this week, as it cannot ignore Britain's above-target inflation even though official data shows the country is back into recession.
UK Consumer Confidence

British Consumer Confidence Steady in April, Misses Forecasts

The UK confidence index remains same in April compared to last month and the outlook is unlikely to improve, said GfK NOP Ltd on Friday after the data released this week showed the economy sliped back into its first double-dip recession since 1975.
UK Producer Price Inflation Slows Down in March

UK Producer Price Inflation Eases in March

The U.K. producer price index for home sales of manufactured products rose 3.6 percent in the year to March 2012, compared to a growth of 4.1 percent in February, according to the latest data released from the Office for National Statistics (ONS).
10,000 jobs to go at Sony

10,000 jobs to go at Sony

10,000 jobs around the world are to be cut at Sony. It's the result of an extraordinary last twelve months for the Japanese electronics giant which has been trying hard to shield itself from a huge battering to its bottom line.
UK Retails Sales

Retail Sales and Job Growth Drive UK Economic Recovery

U.K. retail sales increased in March as warm weather boosted the sales of non-food goods, at the same time the permanent job placements increased for a third straight month giving an indication that the British economy is recovering slowly.