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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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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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LONDON (Reuters) – Thirty global financial institutions have been selected for cross-border supervision exercises by regulators, the Financial Times reported on Monday.
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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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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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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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NEW YORK (Reuters) – Like many U.S. employers, Tish and Snooky Bellomo are asking their workers to take on additional duties, rather than hiring new employees, at their New York cosmetic and hair accessory company.
http://www.reuters.com/
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WASHINGTON (Reuters) – The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury’s thinking said.
http://www.reuters.com/
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SHANGHAI (Reuters) – A Chinese national accused of stealing trade secrets from Ford Motor Co was employed by Beijing Automotive Industry Holding Corp (BAIC), China’s fifth-biggest automaker, but was in the United States on personal leave when he was arrested, BAIC said Monday.
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SANTA BARBARA, California (Reuters) – The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said on Sunday at a Fed conference on Asia.
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