July 15, 2009 Wednesday
Updated


WASHINGTON - US CONSUMER prices accelerated sharply in June from May, led by a surge in gasoline prices, government data showed on Wednesday.

 
Stocks rise on upbeat earnings

NEW YORK - BETTER-THAN-EXPECTED earnings at Intel sent investors pouring back into the market on Wednesday, sending stocks higher in early trading.

Lehman asset return plan

LONDON - ADMINISTRATORS for the main European unit of bankrupt US investment bank Lehman Brothers Holding Inc. revealed plans on Wednesday to return frozen hedge fund assets to creditors as early as next year.

Fall in OECD trade values slows

PARIS - A FALL in goods and services trade by value in major industrialised countries slowed in the first quarter 2009 but the figures still showed a significant setback, the OECD reported on Wednesday.

   
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