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Markets Are Brushing Off Bad News And Rallying
After opening in the red, the U.S. markets are now firmly in the green.The Dow is up 110 points (0.7%).The S&P 500 is up 8 points (0.4%).The Nasdaq is up 4 pionts (0.1%).Interestingly, this comes...
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This Is The Life-Or-Death Situation Pandora Is In (P)
Music publishers are still struggling to make money from digital music, so now Internet radio service Pandora is squaring off against the American Society of Composers, Authors and Publishers (ASCAP),...
View ArticleAustralian policy not to blame for Indonesia incursions: review
By Matt SiegelSYDNEY (Reuters) - An Australian review into violations of Indonesian territory by its navy released on Wednesday has cleared government policy of blame for the incursions, which...
View ArticleBlast heard in southern area of Lebanese capital Beirut -residents
BEIRUT (Reuters) - A blast was heard in a southern area of the Lebanese capital Beirut on Wednesday, but the cause was not immediately clear, residents and a security source said.One witness said she...
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Typo Products tells U.S. judge BlackBerry's patent claims are invalid
(Reuters) - BlackBerry Ltd's patent claims related to an attachable keyboard accessory for Apple Inc's iPhones don't comply with legal requirements for patentability, Typo Products LLC said in a court...
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As discontent grows, Singapore budget to tighten noose on the rich
By Brian LeonalSINGAPORE (Reuters) - Singapore is known as a tropical refuge for the world's wealthy, endowed with exclusive residential enclaves, a marina for super-yachts, two casinos and an annual...
View ArticleHeavy fog shuts two Turkish straits to shipping traffic
ISTANBUL (Reuters) - Heavy fog on Wednesday forced the closure of Turkey's Bosphorus and Dardanelles straits, vital routes for Russian oil and other commodities, to shipping traffic, agent GAC...
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China aims for 100 percent bank liquidity coverage ratio by 2018
BEIJING (Reuters) - China's banks will have to increase their liquidity coverage ratio (LCR) to 100 percent by 2018 under new rules to take effect from March 1, the banking regulator said on...
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Japan says prices 'rising moderately' for 1st time in more than five years
By Tetsushi KajimotoTOKYO (Reuters) - Japan's government described consumer prices as "rising moderately", using that wording for the first time since October 2008, a sign that the economy is making...
View ArticleSecond coal ash dump leak sends toxins into North Carolina river
By Eric M. Johnson(Reuters) - North Carolina on Tuesday ordered Duke Energy Corp to plug a leak of contaminated wastewater from a decommissioned power plant, which authorities in the state said might...
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G-20 ready to take action to underpin global growth: Saccomanni
ROME (Reuters) - Italy's outgoing Economy Minister Fabrizio Saccomanni on Wednesday said market turmoil in emerging markets is a threat to global growth and the world's 20 major economies are ready do...
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Markets Are Slipping
Good morning!Global markets have an ever-so-slight rouge look to them, as stocks edge slightly lower around the world.After a huge Tuesday, Japanese stocks lost 0.5% today.The UK is down 0.07%. Germany...
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China budget carrier Spring eyes $3 billion A320 order
SINGAPORE (Reuters) - Chinese low-cost carrier Spring Airlines is set to make an order for up to 30 Airbus A320 aircraft worth $3 billion at list prices, the company's chairman told Reuters.The airline...
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Four Interesting Economic Events Are Coming Up Today
Four interesting economic events are happening today.From Calculated Risk:• At 8:30 AM, Housing Starts for January. Total housing starts were at 999 thousand (SAAR) in December. Single family starts...
View ArticleFrom desert hideout, shadowy Ansar militants rattle Egypt
By Michael GeorgyCAIRO (Reuters) - A shadowy Islamist militant group based in the remote Sinai desert is emerging as a major threat to Egypt's stability, and there are no signs that the army-backed...
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Washington state lawmakers pass measure giving immigrants college aid
By Jonathan KaminskyOLYMPIA, Washington (Reuters) - Washington state lawmakers have voted to make students brought to the United States illegally by their parents eligible for need-based college...
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Peugeot's $3 billion loss shows rescue deal is just a start
By Laurence FrostPARIS (Reuters) - PSA Peugeot Citroen plans to build new cars and expand in Asia under a French-backed rescue deal agreed with China's Dongfeng, the carmaker said on Wednesday, as it...
View ArticleTokyo prosecutors raid Novartis Japan unit in probe - Kyodo
ZURICH (Reuters) - Prosecutors in Tokyo raided the local unit of Swiss drugmaker Novartis as part of an investigation into alleged use of manipulated data to promote its best-selling blood pressure...
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Tokyo prosecutors raid Novartis Japan unit in probe: Kyodo
ZURICH (Reuters) - Prosecutors in Tokyo raided the local unit of Swiss drugmaker Novartis as part of an investigation into alleged use of manipulated data to promote its best-selling blood pressure...
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Merkel popularity hit by ski accident absence, shows poll
BERLIN (Reuters) - German Chancellor Angela Merkel's popularity has slipped in the last few months and dipped 4 points in the last week alone, due in part to her forced absence after a skiing accident...
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