No detailed reason was given for the sudden reversal, which the exchange said came after “further consultation with relevant regulatory authorities”.
"Half bread is better than none," says MTN Nigeria chairman
It is unlikely a Wall Street firm would risk backing Tesla in its desire to go private
​The New York Stock Exchange has named Stacey Cunningham as its 67th president, making her the first female leader in the NYSE’s history
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Are financial markets predictable? Research being conducted at Wits is looking for patterns in the data.
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A doctoral student describes how computers could improve operations at stock exchanges.
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New York police have prevented protesters from shutting down Wall Street, arresting more than 200 people in repeated clashes.
Less than two dozen Occupy Wall Street protesters have stayed over in a downtown park that had been home to hundreds before the city cleared the site.
Delta Air Lines will buy Northwest Airlines in the United States for more than -billion under a proposal unveiled on Monday to create the world’s biggest airline, as carriers seek to counter skyrocketing fuel prices and a weak economy. US airlines are hoping mergers could lead to higher fares as combined carriers reduce flights.
American Airlines has cancelled about 570 flights scheduled for Friday, raising to more than 3 000 the number this week it has grounded to reinspect the wiring on its MD-80 fleet for a second time. The disruption has affected more than 300 000 passengers, including Friday’s schedule cuts.
JP Morgan Chase set a deal to buy stricken rival Bear Stearns for a rock-bottom price, while the United States Federal Reserve expanded lending to securities firms for the first time since the Great Depression to prop up the financial system. The shock news, the biggest sign yet of how devastating the credit crisis is for Wall Street, slammed the US dollar to a record low against the euro,
Stocks tumbled on Thursday as investors recoiled following a further decline in the dollar, spikes in gold and oil prices and a warning that a Carlyle Group fund is near collapse. The major indexes each lost more than 1%; the Dow Jones industrial average at times fell more than 200 points.
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/ 9 November 2007
A monster offshore oil discovery could help Brazil join the ranks of the world’s major exporters, but full-scale extraction is unlikely until 2013 and will be very expensive. The "ultra-deep" Tupi field off the coast of Rio de Janeiro could hold as much as eight billion barrels of recoverable light crude.
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/ 31 October 2007
Merrill Lynch parted company on Tuesdya with its chief executive, Stan O’Neal, leaving the investment bank’s leadership in a state of limbo and prompting unease on Wall Street. After days of speculation, Merrill announced that O’Neal (56) had decided to retire with immediate effect.