News In brief
Google hedging more FX
Google has hedged itself against fluctuations in exchange rates to protect profits from adverts and YouTube. The internet search engine used hedging to net $34 million in the third quarter to help counter the adverse effects of the US dollar's recent recovery against the euro and sterling.
According to research by JP Morgan, American companies hedged 55% of 2009 foreign income in September - a new record.
Brazil stops key tax to protect real
The Brazilian finance ministry has
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