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Fourth Lender To Pass On Rate Cut (Sky News via Yahoo! UK & Ireland Finance) Britain's biggest building society Nationwide has become the fourth lender to say it will be passing on yesterday's interest rate cut in full to customers.
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Teva in $26m writedown - Financial Times Teva , the world’s largest generic drugs company, moved on Thursday to resolve its exposure to the credit crisis with a $26m writedown on impaired assets and a successful bank refinancing of debts to smooth its takeover of Barr of the US. The ...
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