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	<title>Business News rss feed</title>
	<link>http://www.surgar.net/</link>
	<description>The latest news form surghar.net</description>
	<lastBuildDate>Mon, 12 Sep 2005 18:37:00 GMT</lastBuildDate>
	<language>en-us</language><item><title><![CDATA[UBS profits slump on weak business]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1075.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1075.html</guid>
	<pubDate>2012-02-08</pubDate>
	<description><![CDATA[Profits UBS have slumped by 76% in its latest quarterly results.
&nbsp;
Net income for the last three months of 2011 were 393m Swiss francs ($430m; &pound;270m), down from 1.7bn francs a year ago and well short of expectations.
&nbsp;
Business]]></description>
	</item><item><title><![CDATA[China bars airlines from EU tax plan By Simon Rabinovitch, FT.com]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1074.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1074.html</guid>
	<pubDate>2012-02-07</pubDate>
	<description><![CDATA[(CNN)&nbsp;-- The Chinese government has barred the country's airlines from complying with a European Union charge on carbon emissions, escalating a dispute that officials have warned could turn into a trade war.
&nbsp;
Chinese airlines had]]></description>
	</item><item><title><![CDATA[Samsung said it didn't make ad that angered Iranians]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1071.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1071.html</guid>
	<pubDate>2012-02-05</pubDate>
	<description><![CDATA[(CNN)&nbsp;-- Senior Iranian lawmakers are considering a boycott of Samsung, the South Korean electronics and appliance manufacturer, because of a controversial Israeli ad that pokes fun at the nuclear crisis, state-run Press TV of Iran said]]></description>
	</item><item><title><![CDATA[US economy creates 243,000 jobs in January]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1070.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1070.html</guid>
	<pubDate>2012-02-04</pubDate>
	<description><![CDATA[The US economy created 243,000 jobs in January, the highest total for nine months, official figures show.
&nbsp;
The rise was much more than expected. Analysts had forecast an increase of about 150,000 jobs.
&nbsp;
The unemployment rate dropped]]></description>
	</item><item><title><![CDATA[Eurozone unemployment hits new record]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1069.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1069.html</guid>
	<pubDate>2012-02-01</pubDate>
	<description><![CDATA[<span>Unemployment in the eurozone hit a record high at the end of last year, the Eurostat agency has</span>
The jobless rate in the 17 countries that use the single currency was 10.4% in December, unchanged from November's figure which was revised]]></description>
	</item><item><title><![CDATA[EU summit: UK and Czechs refuse to join fiscal compact ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1068.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1068.html</guid>
	<pubDate>2012-01-31</pubDate>
	<description><![CDATA[Twenty-five of the EU's 27 member states have agreed to join a fiscal treaty to enforce budget discipline.
&nbsp;
The Czech Republic and the UK refused to sign up. UK Prime Minister David Cameron said his government would act if the treaty]]></description>
	</item><item><title><![CDATA[Obama takes aim at unfair trade, China in State of the Union ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1066.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1066.html</guid>
	<pubDate>2012-01-26</pubDate>
	<description><![CDATA[
By the&nbsp;CNN Wire Staff

Washington (CNN)&nbsp;-- President Barack Obama announced Tuesday the creation of a new trade enforcement unit that will be tasked with investigating unfair trade practices in countries, he said, "like]]></description>
	</item><item><title><![CDATA[Japan posts first annual trade deficit in 30 years ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1065.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1065.html</guid>
	<pubDate>2012-01-25</pubDate>
	<description><![CDATA[Japan has announced its first annual trade deficit in more than 30 years, a setback for a country known for its exports including cars and electronics.
&nbsp;
The deficit came in at 2.49 trillion yen ($32bn; &pound;20bn) for 2011, the finance]]></description>
	</item><item><title><![CDATA[Iran: EU oil sanctions 'unfair' and 'doomed to fail' ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1064.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1064.html</guid>
	<pubDate>2012-01-24</pubDate>
	<description><![CDATA[Iran has said an oil embargo adopted by European Union foreign ministers over the country's nuclear programme is "unfair" and "doomed to fail".
&nbsp;
The measures would not prevent Iran's "progress for achieving its basic rights", foreign]]></description>
	</item><item><title><![CDATA[Blackberry maker RIM says co-chief executives step down ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1062.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1062.html</guid>
	<pubDate>2012-01-23</pubDate>
	<description><![CDATA[Blackberry maker Research In Motion (RIM) has said its co-chief executives Mike Lazaridis and Jim Balsillie have stepped down in a shake-up.
&nbsp;
Mr Lazaridis, who founded RIM in 1984, will become vice chairman. Mr Balsillie will continue to sit]]></description>
	</item><item><title><![CDATA[Greek debt deal hits setback as talks suspended ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1061.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1061.html</guid>
	<pubDate>2012-01-22</pubDate>
	<description><![CDATA[
By&nbsp;Paul Anastasi in Athens,&nbsp;and Garry White in London,
&nbsp;
<span style="font-size: small;">Crucial talks over a debt deal between lenders and the Greek government were suspended over the weekend as the representative of bondholders]]></description>
	</item><item><title><![CDATA[Did South Africa snub IMF's Christine Lagarde?]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1059.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1059.html</guid>
	<pubDate>2012-01-21</pubDate>
	<description><![CDATA[

CNN Conrespondent Robyn Curnow,




South Africa (CNN) &ndash;It was a hot summer day when Christine Lagarde, the head of the International Monetary Fund visited South Africa in early January. However, it appeared that she received a rather]]></description>
	</item><item><title><![CDATA[China's economic growth slows to 8.9% in fourth quarter ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1057.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1057.html</guid>
	<pubDate>2012-01-17</pubDate>
	<description><![CDATA[China's economy, the world's second-largest, grew at its slowest pace in more than two years, latest government figures show.
&nbsp;
Gross domestic product expanded by 8.9% in the three months to the end of December, from a year earlier. That is]]></description>
	</item><item><title><![CDATA[Asian markets slide on eurozone downgrade fears ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1055.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1055.html</guid>
	<pubDate>2012-01-16</pubDate>
	<description><![CDATA[
By&nbsp;Peter Shadbolt, CNN

(CNN)&nbsp;-- Asian markets moved lower on Monday unable to resist the downward trend of European markets that reacted negatively to the downgrade by rating agency Standard &amp; Poor's of nine European]]></description>
	</item><item><title><![CDATA[EU criticises Standard &amp; Poor's ratings downgrade ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1053.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1053.html</guid>
	<pubDate>2012-01-14</pubDate>
	<description><![CDATA[BBC NEWS,
&nbsp;
The EU's top economic official has criticised a decision by Standard and Poor's to downgrade the credit ratings of nine eurozone countries.
&nbsp;
Economic affairs commissioner Olli Rehn said the move was "inconsistent" as the]]></description>
	</item><item><title><![CDATA[RBS set to trim investment bank ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1050.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1050.html</guid>
	<pubDate>2012-01-12</pubDate>
	<description><![CDATA[The Royal Bank of Scotland (RBS) is expected to confirm plans to reduce its investment banking division in a statement later on Thursday.
&nbsp;
It is understood the bank is planning to merge or sell a number of divisions, affecting up to 4,000]]></description>
	</item><item><title><![CDATA[New loans beat forecast, as authorities ease credit ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1049.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1049.html</guid>
	<pubDate>2012-01-09</pubDate>
	<description><![CDATA[China's lending and money supply grew at a faster pace than expected as the country relaxed its credit restrictions.
&nbsp;
New loans worth 640.5bn yuan ($101bn; &pound;65.6bn) were issued in December, up from 562.2bn yuan in]]></description>
	</item><item><title><![CDATA[End of euro is 'fantasy', says eurozone policymaker Luc Coene ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1048.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1048.html</guid>
	<pubDate>2012-01-08</pubDate>
	<description><![CDATA[
By&nbsp;Angela Monaghan,&nbsp;Economics Correspondent,
&nbsp;
<span style="font-size: small;">The idea that the troubled eurozone could collapse is "complete fantasy" according to a policymaker at the European Central Bank]]></description>
	</item><item><title><![CDATA[US economy creates 200,000 jobs in December ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1047.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1047.html</guid>
	<pubDate>2012-01-07</pubDate>
	<description><![CDATA[The US economy created 200,000 jobs in December, marking the sixth month in a row of gains, official figures show.
&nbsp;
The rise was much more than expected. Analysts had forecast an increase of about 150,000 jobs.
&nbsp;
The unemployment rate]]></description>
	</item><item><title><![CDATA[Samsung and Hyundai issue rallying call ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1044.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1044.html</guid>
	<pubDate>2012-01-03</pubDate>
	<description><![CDATA[
By&nbsp;Song Jung-a, FT.com

(Financial Times)&nbsp;-- Samsung Electronics and Hyundai Motor, South Korea's two biggest companies by market value, issued a rallying call to staff on Monday and warned of tougher business conditions for 2012 amid]]></description>
	</item><item><title><![CDATA[Europe's leaders warn of tough 2012 ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1043.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1043.html</guid>
	<pubDate>2012-01-02</pubDate>
	<description><![CDATA[
By&nbsp;FT Reporters, FT.com

(CNN)&nbsp;-- Europe's leaders warned 2012 was likely to be tougher than 2011, when spiralling borrowing costs forced political change in Italy and Spain and threatened the survival of the euro.
&nbsp;
In a sombre]]></description>
	</item><item><title><![CDATA[World stock markets end a tumultous year well down ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1041.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1041.html</guid>
	<pubDate>2011-12-31</pubDate>
	<description><![CDATA[World stock markets have rounded off a wild and difficult year.
&nbsp;
The UK FTSE 100 fell 5.6% in 2011, while France and Germany stocks saw falls of 18% and 15% as growing fears for the survival of the euro took their toll. But US stocks ended]]></description>
	</item><item><title><![CDATA[Euro hits ten-year low versus yen on liquidity concerns ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1040.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1040.html</guid>
	<pubDate>2011-12-29</pubDate>
	<description><![CDATA[The euro has fallen to a ten-year low against the Japanese yen amid renewed concerns over the eurozone crisis.
&nbsp;
The euro was trading as low as 100.35 against the yen, its lowest level since July 2001.
&nbsp;
The troubled single currency]]></description>
	</item><item><title><![CDATA[China begins scramble for Afghanistan's oil reserves ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1037.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1037.html</guid>
	<pubDate>2011-12-28</pubDate>
	<description><![CDATA[
By&nbsp;Peter Simpson,&nbsp;Beijing,
&nbsp;
<span style="font-size: small;">China began the scramble for Afghanistan's untapped oil reserves by announcing an exploration contract with Kabul &ndash; the first such international agreement in]]></description>
	</item><item><title><![CDATA[China gets approval for Afghanistan oil exploration bid ]]></title>
	<link>http://www.surgar.net/english/-news-pg-Business-NewS-1036.html</link>
	<guid>http://www.surgar.net/english/-news-pg-Business-NewS-1036.html</guid>
	<pubDate>2011-12-27</pubDate>
	<description><![CDATA[BBC NEWS
&nbsp;
China has gained potential access to millions of barrels of oil after it won approval for oil exploration and extraction in Afghanistan.
&nbsp;
The country's cabinet approved a deal to allow China National Petroleum Corporation]]></description>
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