UNITED KINGDOM

UK police face new probe into G20 protests conduct

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A British police watchdog group will investigate a second suspected incident of police violence during demonstrations against the G20 this month after video footage emerged on Tuesday of an officer lashing out at a woman.
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GM bankruptcy fears drag down auto stocks

General Motors stock fell sharply in Frankfurt on Tuesday on renewed bankruptcy fears, weighing on autos stocks across the region, as peer Chrysler pinned its hopes on a tie-up with Fiat .
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Tech Mahindra wins bid to acquire Satyam

India's Tech Mahindra will pay more than $550 million for a controlling stake in Satyam Computer Services , throwing a lifeline to the fraud-hit firm and propelling itself into the top tier of Indian outsourcing firms.
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Habib, MCB eyeing RBS Pakistan unit

Two of Pakistan's biggest banks, Habib Bank Ltd (HBL) and MCB Bank (MCB), are competing to bid for Royal Bank of Scotland's local assets, which the market values at $266 million.
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PZ Cussons to bid for Sara Lee: report

Britain's PZ Cussons has made it onto the shortlist of bidders for the European household and personal care business of U.S. consumer goods group Sara Lee , the Sunday Times reported without citing sources.
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Islamic banking sees light amid crisis

Islamic finance is slowing as the global financial crisis hits its hubs in Malaysia and the Gulf, but the sector now has a chance to move on to Western economies seeking to boost their financial centers.
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YouTube and Universal to launch premium music site

Google's YouTube and Universal Music Group, the world's largest music company, said on Thursday they will launch a premium music video website as they bid to increase revenue from YouTube's huge usage.
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Barclays sells iShares to CVC for $4.4 billion

Barclays Plc has agreed to sell its iShares asset management business to private equity firm CVC Capital Partners for 3 billion pounds ($4.4 billion), but kept the right to hunt for a better deal for two months.
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TIMELINE: Iran's nuclear program

Iranian President Mahmoud Ahmadinejad will inaugurate the country's first nuclear fuel production complex later on Thursday, an Iranian official told Reuters.
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UK's top anti-terrorism officer quits over blunder

Britain's most senior counter-terrorism officer quit on Thursday after his security blunder forced police to bring forward a major operation to thwart a suspected al Qaeda plot involving Pakistani nationals.
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Barclays weathers capital storm, eyes bigger prize

A pending asset sale and a clean bill of health from its financial regulator has calmed fears Barclays will need to raise cash, and backed up the bank's pledge to emerge as a victor from the financial crisis.
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CVC buys Barclays' iShares for $4.4 billion

Private equity firm CVC Capital Partners is buying iShares asset management business from Barclays for 3 billion pounds ($4.4 billion) in a deal that will be 70 percent funded by the British bank.
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BoE holds rates at 0.5 percent

The Bank of England left interest rates unchanged at a record low of 0.5 percent on Thursday, and said it would take another two months to complete its 75 billion pound quantitative easing program.
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RBS to cut up to 9,000 jobs

Part-nationalized British lender Royal Bank of Scotland said it could shed up to 9,000 jobs over the next two years, including 4,500 in the UK, in an effort to cut costs.
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Forex Daily Commentary - 09/04/2009

Australian Dollar: In what has become somewhat of an anticlimax to Tuesday’s rate announcement the Aussie dollar appears to have found a solid short term trading range over the last 24 hours
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France

France is a country located in Western Europe. Clockwise from the north, France borders Belgium and Luxembourg to the northeast, Germany and Switzerland to the east, Italy to the south-east and Spain to the south-west, across the Pyrenees mountain range (the small country of Andorra lies in between the two countries).
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Constellation shares off after profit miss

Constellation Brands Inc posted a quarterly profit that just missed Wall Street estimates, as a 16 percent drop in wine sales in Europe during the holiday season offset a slight gain in North America, sending shares down 4 percent.
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Constellation Brands profit just below Street view

Constellation Brands Inc reported a quarterly profit that just missed Wall Street estimates, hurt by disappointing demand for alcohol in Europe and Australia during Christmas and New Year's, and gave a cautious forecast for the current year.

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