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India leaves interest rate unchanged

Submitted by Fox First at Ten on October 30th

By ERIKA KINETZAP Business Writer MUMBAI, India (AP) - India's central bank left its key interest rate unchanged Tuesday but trimmed the cash reserve ratio, resisting growing pressure from New Delhi to cut rates even as it slashed its growth forecast and raised its inflation projection for

Media, advertisers ready for audience surge

Submitted by Fox First at Ten on October 29th

By RYAN NAKASHIMAAssociated Press Sometimes it's not the size of the storm, it's where it hits. As Hurricane Sandy raged through one of the country's most densely populated regions, it created a surge in online traffic Monday as people sought weather-related news and various forms

Dragon ship back on Earth after space station trip

Submitted by Fox First at Ten on October 29th

By MARCIA DUNNAssociated Press CAPE CANAVERAL, Fla. (AP) - An unmanned Dragon freighter carrying a stash of precious medical samples from the International Space Station parachuted into the Pacific Ocean on Sunday, completing the first official shipment under a billion-dollar contract with NASA

Fitch: US money funds dip toes back into Europe

Submitted by Fox First at Ten on October 29th

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - The big U.S. money market funds are loaning more to banks in the 17-country eurozone as fears ease over the continent's debt crisis and shaky financial system. Fitch, the credit ratings agency, said Monday that the 10 largest U.S.

Storm leads companies to postpone earnings reports

Submitted by Fox First at Ten on October 29th

NEW YORK (AP) - A number of major U.S. companies postponed quarterly earnings reports scheduled for Monday and Tuesday, as Hurricane Sandy barreled into the East Coast and caused the first unplanned shutdown of financial markets since 2001. Pfizer Inc., Thomson Reuters Corp., Time Warner Cable Inc

In Vietnam, US relies on pirate site to network

Submitted by Fox First at Ten on October 29th

By CHRIS BRUMMITTAssociated Press HO CHI MINH CITY, Vietnam (AP) - It's a wildly popular website laden with unlicensed songs and Hollywood movies, a prime exhibit of the digital piracy that is strangling the music industry in Asia and eroding legitimate online sales around the world. The

Insurers nervous over prospect of Romney victory

Submitted by Fox First at Ten on October 29th

By RICARDO ALONSO-ZALDIVARAssociated Press WASHINGTON (AP) - You'd think health insurance CEOs would be chilling the bubbly with Republican Mitt Romney's improved election prospects, but instead they're in a quandary. Although the industry hates parts of President Barack Obama's

A week to go: Sandy disrupts presidential campaign

Submitted by Fox First at Ten on October 29th

By DAVID ESPO and JULIE PACEAssociated Press WASHINGTON (AP) - Eight days before the election, President Barack Obama switched from campaigner to hands-on commander of the federal response to Superstorm Sandy as it barreled across the Eastern Seaboard. Republican Mitt Romney scaled back his

A week to go: Sandy disrupts presidential campaign

Submitted by Fox First at Ten on October 29th

Dragon ship back on Earth after space station trip

Submitted by Fox First at Ten on October 28th