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Archives for November, 2009


Arrest imminent in Florida Ponzi case: report

MIAMI (Reuters) – A disbarred Florida lawyer accused by the FBI of running a $1 billion investment scam is expected to be arrested Tuesday on racketeering conspiracy charges, The Miami Herald reported.

http://www.reuters.com/

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U.S. job cuts slowed in November, jobless rate seen steady

WASHINGTON (Reuters) – Job losses in the United States slowed sharply in November, cushioned by seasonal adjustments and a budding economic recovery that is encouraging some companies to retain workers, a Reuters survey predicts.

http://www.reuters.com/

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BOJ hints market support possible

NAGOYA, Japan (Reuters) – The governor of the Bank of Japan said the bank will act decisively in the event of renewed financial market turmoil, his strongest hint yet at fresh support for the economy that analysts say could involve buying more government bonds or a return to quantitative easing.

http://www.reuters.com/

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Stock futures edge up; eyes on Dubai, retailers

(Reuters) – U.S. stock index futures were slightly higher early on Monday, following the previous session’s sharp retreat, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.13 percent and Nasdaq 100 futures up 0.24 percent at 0855 GMT.

http://www.reuters.com/

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Beijing Auto says "stay tuned" on GM’s Saab

NANJING, China (Reuters) – Beijing Automotive Industry Holding Corp (BAIC) might still be interested in buying General Motors’ Saab unit, according to the Chinese car company’s general manager.

http://www.reuters.com/

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UAE stocks tumble on Dubai woes; Asia rebounds

DUBAI/HONG KONG (Reuters) – United Arab Emirate stocks tumbled 6-7 percent on Monday as the market reopened for the first time since Dubai called for a delay in repaying billions of dollars in debt, spooking global markets.

http://www.reuters.com/

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Regulators list systemic risk institutions: report

LONDON (Reuters) – Thirty global financial institutions have been selected for cross-border supervision exercises by regulators, the Financial Times reported on Monday.

http://www.reuters.com/

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Shoppers spent less over Black Friday weekend

SAN FRANCISCO/CHICAGO (Reuters) – Consumers spent significantly less per person at the start of the holiday season this weekend, dimming hopes for a retail comeback that would help propel the economy early in 2010.

http://www.reuters.com/

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Shoppers already whetting holiday appetite online

SAN FRANCISCO (Reuters) – Holiday shopping online hit a record for Black Friday, several days before the retail industry-coined Cyber Monday gets underway, as more consumers said they used the web to seek deals.

http://www.reuters.com/

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Leaders from Google, others to attend White House summit

WASHINGTON (Reuters) – Leaders from top U.S. companies including Google , AT&T , Disney and FedEx will attend a jobs summit on December 3 at the White House, a White House spokeswoman said on Sunday.

http://www.reuters.com/

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