Asian stock markets headed into another day of steep falls on Thursday, led by the Nikkei 225 index, which plunged more than 7 percent in morning trading. The leaders of three African trading blocs agree to create a free trade zone of 26 countries with a GDP of $624bn (£382.9bn). $179.99’s the price on two-year contract, and if they do sell out online, don’t sweat it just yet — sweep your local stores today. The Eye-Fi Explore SD card lets you transfer your photos wirelessly to your PC and/or popular photo-sharing sites via Wi-Fi, and it also geotags your images. And now for something completely different: a bit of bright economic news. Several laptops with reasonably robust specs are available for $500 to $700. In the battle of the would-be first ladies, the contrast could not be more profound. Michelle Obama and Cindy McCain have little in common in their backgrounds or style, and the gulf is likely to be reflected in the approach adopted by whichever one takes The expenditures immediately raise questions about their legality, but the campaign says purchases for the VP nominee will eventually go to charity. John McCain called out fellow Republicans who have questioned running mate Sarah Palin’s credentials Tuesday. “She is a governor, the most popular governor in America,” McCain said. Merck & Co. will cut 7,200 jobs, or 12% of its workforce, as the third-largest U.S. drugmaker faces generic competition and falling sales of its Zetia and Vytorin cholesterol pills. Canada’s currency dropped to the lowest since June 2005 as commodities including crude oil fell and on speculation the country’s central bank would extend interest-rate cuts in the face of slowing economic growth. The pound drops by almost 3% against the U.S. dollar, falling to its lowest level in five years, on recession fears. Hungary’s central bank raised its base interest rate 300 basis points to 11.5 per cent on Wednesday after the forint sell-off that has been in train since Monday showed no signs of abating. HOUSTON (Reuters) – ConocoPhillips (COP.N: Quote, Profile, Research, Stock Buzz), the third-largest U.S. oil company, said on Wednesday its quarterly earnings rose 41 percent on higher oil prices and topped Wall Street estimates even as storms in the… NEW YORK (Reuters) – Wachovia Corp on Wednesday posted a $23.9 billion third-quarter loss, a record for any U.S. lender in the global credit crisis, underscoring the challenges Wells Fargo & Co will face after it acquires the big lender. The…
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