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	<title>Investment Markets: Investing &#38; Investment News, Equities News, Forex News, Bonds News, Economy News</title>
	<link>http://www.investmentmarkets.co.uk</link>
	<description>Daily Investment Market and Investing News</description>
	<lastBuildDate>Tue, 13 May 2008 10:34:03 +0000</lastBuildDate>
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		<title>Job losses at Northern Foods as talks collapse with M&#038;S</title>
		<description><![CDATA[


Leeds-based Northern Foods, which is one of Britain’s biggest food suppliers, is to axe over 700 jobs at its Fenland Foods site in Grantham, Lincolnshire.
The company, which makes Italian ready meals for Marks &#038; Spencer (M&#038;S) at its Grantham site, said a new contract has not been reached with the retailer which will result in [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080513-2017.html</link>
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		<title>Italian industrial production signals a slow down</title>
		<description><![CDATA[


Italian industrial production has reduced output for the second consecutive month as a result of higher energy costs and the strength of the euro which is hitting the economy.
Industrial production has always been a clear indicator of the state of the economy, and as production dropped by 0.2 percent from February, there may not be [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080513-2014.html</link>
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		<title>UK producer prices surge</title>
		<description><![CDATA[


Producer prices have climbed at the fastest annual pace since at least 1986 in April caused by the sharp rise in the cost of raw materials.
Compared to last year, the prices charged by factories rose 7.5 percent from a year earlier as released by the Office for National Statistics.  
The higher prices of oil, [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080513-2013.html</link>
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		<title>China’s bank reserve ratio increased</title>
		<description><![CDATA[


The People&#8217;s Bank of China have stated on their website that the commercial banks&#8217; reserve ratio would rise 0.5 percentage points to 16.5 percent.
This move is in addition to the latest increase that was made less than a month ago. 
The latest increase is in a bid to reduce the credit growth which in turn [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080513-2012.html</link>
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		<title>Restructure at DSG results in 400 job losses</title>
		<description><![CDATA[


It is believed that DSG International, the electricals group, is to axe approximately 400 staff at its headquarters as part of a strategic shake-up of the business.
Chief executive, John Browett, is likely to announce that almost one in four jobs are to go as he looks set to reshape the group. 
According to Retail Week, [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080513-2016.html</link>
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		<title>Crude prices fall after spike to new record</title>
		<description><![CDATA[


West Texas Intermediate crude reached another new record Monday, climbing to $126.40 per barrel before falling back to $124.15 per barrel, $1.81 below Friday’s close, by just before the end of floor trade on the New York Mercantile Exchange, while Brent crude was $1.87 lower to $123.53 on the ICE Futures Europe exchange in London.
Nymex [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080512-2015.html</link>
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		<title>Pound strengthens on data</title>
		<description><![CDATA[


The pound gained on the euro and the US dollar Monday as a substantial boost in producer prices led to less of a chance that the Bank of England will cut interest rate next month.
The Office of National Statistics reported that UK producer prices were up 7.5 percent from last year, while April’s report on [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080512-2011.html</link>
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		<title>Argentinean economy threatened by farm strike</title>
		<description><![CDATA[


Argentina is the world&#8217;s second-largest corn exporter and the third-biggest soybean supplier.
Although, as a result of the second farmers strike in two months, government officials and the farm leaders are at loggerheads. 
Cabinet Chief Alberto Fernandez is currently leading the talks wit the farmers in order to prevent the strike although the discussions broke down [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080512-2009.html</link>
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		<title>Chinese Exports slowing</title>
		<description><![CDATA[


The Chinese economy is suffering a double pronged attack as its export growth has slowed in April. With little swing in the export surplus, the government will have increased difficulty in maintaining monetary value. 
According to the Vice Premier Wang Qishan China will keep a tight monetary policy in order to avert the Chinese economy [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080512-2007.html</link>
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		<title>US trade deficit narrows</title>
		<description><![CDATA[


The US trade deficit narrowed more than expected in March due to the reduction in imports of cars and crude oil, as caused by a weakened economy and the record high oil prices. 
This effect has meant that the trade deficit has shrunk greater than forecasts as consumer spending has been cut significantly as cutbacks [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20080512-2008.html</link>
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