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LISBON (Reuters) – Brazil’s Camargo Correa Group must present a counterbid to take over cement maker Cimpor or withdraw its merger proposal, Portugal’s stock market regulator (CMVM) told the company on Saturday.
http://www.reuters.com/
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WASHINGTON (Reuters) – President Barack Obama on Saturday slammed Wall Street’s “audacity” for fighting a bailout fee he wants to slap on financial firms and said his Republican opponents had sided with big banks.
http://www.reuters.com/
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SHANGHAI (Reuters) – China’s largest e-commerce firm Alibaba Group, in which Yahoo Inc owns a 40 percent stake, has called the search giant’s comments on Google “reckless.”
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TOKYO (Reuters) – Japan Airlines (JAL) has agreed on a tie-up with Delta Air Lines that will mean JAL joins the SkyTeam airline alliance, dropping its membership of the Oneworld alliance, a Japanese newspaper said on Saturday.
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NEW YORK (Reuters) – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.
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