Zimbabwe bank to issue $10m bill
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Zimbabwe issues new higher-denomination banknotes, including a $10m bill, to try to ease the country's cash crisis.
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Zimbabwe's President Robert Mugabe is facing the most serious challenge to his 28-year rule as candidates including his own former finance minister register on Friday for a March 29 general election.
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The Southern African Development Community is preparing an economic rescue package for Zimbabwe which would include extending the rand monetary area into the impoverished country, reports said Sunday.
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The national trade association for payday lenders is planning to spend $10 million for an advertising campaign that it says is intended to educate people on how to use such loans wisely.
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HAJIPUR, India  - The white envelope filled with ten 500 rupee ($13) notes was dispatched to the electricity board official as a "goodwill gesture".
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The monthly average bill for urban households in inflation-ravaged Zimbabwe shot up by 49.5 percent last month, figures compiled by the main consumer watchdog showed on Friday.
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Zimbabwe's main opposition party on Tuesday backed a bill allowing President Robert Mugabe to anoint a successor after the measure was watered down to limit his power to appoint members of parliament.
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Banks in Zimbabwe will remain open on Christmas Day and Boxing Day to allow people to get new banknotes.
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Accounting firm KPMG will pay $10 million to settle charges of improper professional conduct while acting as auditor for Gemstar-TV Guide International Inc.
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Zimbabwe's parliament is debating a bill which could allow President Mugabe to choose his own successor.
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Administrators at bankrupt Italian food group Parmalat have filed a lawsuit against Bank of America, reportedly claiming $10bn (Â£5.
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An IMF team is in Zimbabwe as it tries to decide what to do about Harare's outstanding debt to the fund.
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BHP Billiton, the world's largest miner, is expected to post an annual profit exceeding 10 billion US dollars this week, setting a new Australian corporate record, analysts predict.
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Zimbabwe&#39;s central bank chief has urged the government, business and labour to reconvene talks to come up with a solution over the recent crackdown on prices by authorities, reports said Saturday.
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HSBC Holdings said its charge for bad debts would be more than $10.5 billion for 2006 because of problems in its mortgage portfolio.
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The Bank of England is set to offer lenders an extra Â£10bn in funds to limit the impact of a credit crunch.
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The lower house of Zimbabwe's parliament  passed a bill on Wednesday allowing the government to monitor  phones, mail and the Internet to protect national security.