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Example Headline of Genre for Date
Britain's Standard Chartered to make rights offer
AP - Standard Chartered PLC, Britain's third largest bank, said Monday it plans to raise 1.8 billion pounds ($2.7 billion) in a rights offer to shore up its balance sheet amid the economic downturn.
Brown to borrow big to kickstart UK economy
Reuters - Prime Minister Gordon Brown will try to kickstart the stalling British economy on Monday by spending billions of borrowed pounds on tax cuts in a bid to stop a recession turning into a slump.
Russia's Central Bank allows ruble weakening
AP - Russia's Central Bank said Monday it has allowed the ruble to weaken by widening its trading band against other currencies. That is the second time in just two weeks the bank has done so.
Brown to borrow heavily to kickstart UK economy
Reuters - Prime Minister Gordon Brown will try to kickstart the stalling British economy on Monday by spending billions of borrowed pounds on tax cuts in a bid to stop a recession turning into a slump.
Hungary cuts key interest rate as inflation falls
AP - The National Bank of Hungary decided Monday to cut its key interest rate by half a percentage point to an annual rate of 11 percent to support the economy amid the global financial crisis.
Russia's Central Bank allows ruble to weaken
AP - Russia's Central Bank said Monday it has allowed the ruble to weaken by widening its trading band against other currencies, the second time it has done so in as many weeks.
Deutsche Bank mid-tier lending up despite downturn
AP - Deutsche Bank AG said Monday its lending to middle-sized businesses increased 11 percent over the last year despite the economic downturn and that the bank would add jobs in Germany to enhance its advisory services for the sector.
Britain to lift top income tax rate in 2011
AP - The British government cut the basic sales tax Monday to help boost consumer spending as the economy slides into recession, and proposed a higher rate of income tax for the biggest earners if it is re-elected.
Deutsche Bank outlines plan for growth amid crisis
AP - Deutsche Bank AG outlined a new plan for growth despite the economic downturn, and said Monday that lending to middle-sized businesses increased 11 percent over the last year.
UK government to borrow heavily to kickstart economy
Reuters - Britain will spend billions of borrowed pounds to fund tax cuts in the hope of preventing a recession spiraling into a slump but warned on Monday taxes would have to rise later to pay for the boost.
US dollar mostly down in Europe
AP - The U.S. dollar was mostly lower against other major currencies in European trading Monday . Gold rose.
UK government to borrow record sums to revive economy
Reuters - Britain will spend billions of borrowed pounds to fund tax cuts and spending in the hope of preventing a recession spiraling into a slump but warned on Monday taxes would have to rise later to pay for the boost.
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