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Global markets rally ahead of $250bn US rescue package
European markets opened strongly after a historic rally on Wall Street and Japan’s Nikkei index closed with its best gains ever in response to a €1,873bn ($2,546bn) pledge by European governments to shore up their financial sectors. Investors were also awaiting details of a $250bn US bail-out package due to be released later in the day
Rumours swirl over which banks want help
SocGen sees €1bn in net profit in Q3
JCDecaux drops plan to buy Murdoch business
News Corp denied chance to exit Russia
Posco quarterly profits jump 40%
Company warns over falling demand for steel
Cadbury to cut further 580 jobs
Managers targeted in cuts
Citi moves to end in-fighting
Securities executives pay to be changed
Former AIG chief’s alternative rescue plan
New hope for insurer
German conglomerates see power swing back
The tables will turn on shareholders
Santander to bail out Sovereign
Acquisition likely to value US bank at $2.4bn







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