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CBA leads $40 billion wipe-out in the ASX 's biggest rout in two years

2015-05-06 10:03:25| Automakers - Topix.net

Commonwealth Bank, which fell nearly 6 per cent, and Woolworths were responsible for more than a third of the loss on the ASX200 in a "very tough day" for investors. Australian shares lost close to $40 billion in value in their biggest slump since February 2013, as poor profit results from Commonwealth Bank and Woolworths sparked a major bout of selling in the banking and consumer staples sectors and throughout the broader market.

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Smart Grid Protective Relay Revenue is Expected to Reach $9.7 Billion Annually by 2024

2015-05-05 19:46:00| Transmission & Distribution World

new report from Navigant Research analyzes the global market for advanced protective relays (ADVPRs), including global market forecasts for revenue, segmented by technology and region, through 2024. Content Classification:  Curated read more

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Canadas trade deficit grew to $3 billion in March: StatsCan

2015-05-05 19:34:28| Canadian Plastics Headlines

Deficit increased compared with February, as imports grew 2.2 per cent while exports grew 0.4 per cent. The post Canadas trade deficit grew to $3 billion in March: StatsCan appeared first on Canadian Plastics.

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From dirt poor to a $7 billion fortune - the incredible rags-to-riches story of Ralph Lauren

2015-05-05 16:40:32| Apparel - Topix.net

Growing up, he learned to escape his family's poverty by going to the movies and immersing himself in the fictional plot lines. "He would literally fall into the fantasies of the movies of that era," Michael Gross, author of " Genuine Authentic: The Real Life of Ralph Lauren ," told Bloomberg .

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$3 Billion of Unpaid Bills Fail to Deter India Sugar Farmers

2015-05-05 11:06:16| Sugar Industry News

Sugar production in India will probably exceed demand for a sixth year as farmers maintain plantings in spite of the $3.2 billion they\'re owed by mills.

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