Thursday Papers: US Fed intends to leave rates close to zero for at least six months -- other news

Thu Nov 5, 2009 7:01am GMT
 
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* Dow gains 30 points, or 0.31%, S&P 500 hardens 0.10% and Nasdaq eases 0.9%

* US Federal Reserve leaves interest rates close to zero and intends to keep it there for at least six months

* Business surveys for October point to renewed growth in UK complicating the decision made by the Bank of England today on whether to extend its £175 billion programme to pump more money into the economy

* US services sector grew in October for a second straight month as US companies cut jobs at the slowest pace in over a year

* US private sector job cuts in October were 203,000, according to ADP Employer Services report

* Goldman Sachs trading profits hit $100 billion-a-day as boom returns

* Gordon Brown faces growing pressure over the war in Afghanistan after Afghan policeman kills five British soldiers

* Germany and Russia react furiously to General Motors' surprise decision to keep Opel rather than sell its

* Forecast of gas glut challenges Russia's hold on Europe's supply

* David Cameron sets out limited plans for European reform if Tories win general election

* Terry Burns, the veteran economist, poised to chair Channel 4

* City financier Bob Wigley takes centre stage in ITV's long-running chairman drama -- Times

* Network Rail to cut about 1,500 maintenance jobs

* Anglo Irish Bank to cut 230 jobs

* Intel faces fresh charges of 'bribery and coercion' from New York's Attorney General

* Protesters beaten as anti-US anniversary in Iran turns into a revolt against the regime

* Republican gains put Obama on alert for election meltdown in 2010

 

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