- Britain prints more money, ECB holds rates.
- BoE expands quantitative easing program by $84 bln.
- ECB holds interest rates at record low of 1.0 pct.
- U.S. jobless claims fall 38,000 to 550,000.
- German industrial orders rise at fastest pace in 2 yrs.Australian unemployment rate steady at 5.8 pct.
Reuters 7 August 2009
- Royal Bank of Scotland Group, which is 70%-owned by taxpayers, has reported a pre-tax profit of £15m for the first six months of the year.
- Japan Airlines - the largest carrier in Asia - has reported a significant loss in the three months to May, after ticket sales slumped during the period.
- US mortgage finance firm Fannie Mae has asked the Treasury for another $10.7bn, (£6.4bn) as it announced a loss for the second three months of 2009.
BBC Business News 7 August 2009
- Warm and sunny here in Malta,
- Andrew Flintoff doubtful for the 4th Ashes test a major blow to Englands chances of beating Australia.
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