Abu Dhabi: UAE markets closed flat yesterday, with the Dubai benchmark index gaining just 0.04 per cent to close at 472.53 points while Abu Dhabi’s general index lost 0.42 per cent to close at 3,438.35 points.
Gov't to partially keep tax break for capital gains on stocks
TOKYO — The Japanese government plans to partially retain a tax break for capital gains on stock trading for individual investors beyond its scheduled expiration in December 2007 to help prevent any sharp fall in stock prices, the Nihon Keizai Shimbun said in its Wednesday evening edition.
Lithia Motors Inc. moves to protect executives
With its stock trading near all-time lows, Lithia Motors Inc. on Tuesday filed its first change-of-control plan, which maps out the salary its top executives would receive in the event of a takeover. Chief Executive and Chairman Sid DeBoer, whose
Stocks mixed on service sector growth
Wall Street traded mixed Thursday, kept aloft by new buyout activity and strength in the U.S. service sector but wavering due to jitteriness over rebounding bond yields.
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