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U.S. Industrial Production Slipped 0.2% in September

by Joseph Lazzaro on Oct.18, 2010, under Towing

U.S. industrial production for September

It’s the first decline since June 2009. Still, despite the dip, the nation’s industrial sector remains in an uptrend, and a weaker dollar may further boost international sales of key U.S. companies in the months ahead.

Continue reading U.S. Industrial Production Slipped 0.2% in September

U.S. Industrial Production Slipped 0.2% in September originally appeared on DailyFinance on Mon, 18 Oct 2010 10:30:00.

Filed Under: Economy, Investing

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BHP, Rio Scrap Plans to Form World’s Biggest Iron Ore Exporter

by Hugh Collins on Oct.18, 2010, under Towing

BHP Billiton (BHP) and Rio Tinto (RIO) gave up on plans to form the world’s biggest iron-ore exporter, citing regulatory requirements.

Regulators in Asia and Europe wanted the companies to implement changes, including asset sales, that the companies could not accept, Bloomberg News said. The regulators were worried that the deal would limit competition.

The Most Profitable Industries for the Next Three Years

by Matthew Scott on Oct.10, 2010, under Towing

IBISWorld Research has uncovered five industries that managed to stay extremely profitable during 2010 — and these industries are their picks to be the most profitable for the next three years. Investors could boost their portfolios by focusing on them.

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The Most Profitable Industries for the Next Three Years originally appeared on DailyFinance on Sun, 10 Oct 2010 06:00:00.

Filed Under: Energy, Company News, Economy, Investing, Health Care, Video

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Could Peruvian Politics Shake Mining, Oil and Gas Investments?

by Emily Schmall on Oct.05, 2010, under Towing

Human-rights advocate Susana Villaran appears poised to become the first female mayor in Lima, the capital of Peru, and the city's first left-wing mayor in decades.

Political upsets in Peruvian regional elections could indicate a national shift to the left — and some business leaders worry that could discourage foreign investment in the country, which has rich natural resources such as oil, gas and gold.

Continue reading Could Peruvian Politics Shake Mining, Oil and Gas Investments?

Could Peruvian Politics Shake Mining, Oil and Gas Investments? originally appeared on DailyFinance on Tue, 05 Oct 2010 13:00:00.

Filed Under: Energy, Economy, Investing