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Dollar trades near record lows versus euro

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The dollar eased slightly against most currencies on Thursday over concerns about the health of U.S housing market as investors eye the next Federal Reserve rate move.
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European traders brace for man vs machines war

European stockbrokers may find it hard to escape unscathed as sweeping regulatory changes lead to a boom in the use of high-tech systems designed to remove the human element from trading and radically reshape markets.
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Britain's Brown denies shift away from U.S.

British Prime Minister Gordon Brown denied on Friday a shift in foreign policy away from the United States after one of his ministers told an audience there that a country's strength depended on alliances not military might.
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India rescues Gandhi manuscript from Christie's Auction

The Indian government has rescued a rare manuscript of a letter Father of the Nation Mahatma Gandhi wrote 19 days before his assassination in 1948 from being auctioned by British auction house Christie's and has paid a confidential sum for it.
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Antisoma, Novartis drug fails in ovarian cancer

An experimental cancer drug from Britain's Antisoma Plc and Swiss-based Novartis AG has failed in a mid-stage clinical trial for ovarian cancer, lopping 15 percent off Antisoma's market value.
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Dutch court to rule on ABN's LaSalle

The Dutch Supreme Court will issue its ruling on ABN AMRO's suspended sale of its U.S. unit LaSalle on Friday and the decision could sway an acrimonious takeover battle for the Dutch bank.
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BHP seeks partner for Alcoa bid: report

BHP Billiton Ltd/Plc, the world's biggest miner, is in talks with private equity firms to team up for a possible $40 billion bid for U.S. aluminum company Alcoa Inc., the Times said on Tuesday.
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Cinven to buy Spain's USP Hospitales

UK private equity firm Cinven is buying Spain's USP Hospitales for 675 million euros ($920 million) to expand its private hospital portfolio after acquiring 25 in Britain less than a month ago.
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Danone offers $17 bln for food firm Numico

French food group Danone offered 12.3 billion euros ($16.8 billion) for Dutch rival Numico to forge what it said will be the world's largest health and nutrition company.
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Airbus, GE dispute could delay A350 plane: paper

An escalating dispute between Airbus and jet-engine supplier General Electric Co could delay deliveries of the European airplane maker's A350 extra wide body jet, the Wall Street Journal said on Monday.
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Dollar falls as payrolls rally runs out of steam

The dollar fell against the euro on Friday after an unexpectedly strong U.S. jobs report failed to change views that U.S. interest rates will stay on hold this year while overseas rates rise.
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Apple shares at new high on iPhone sales prospects

Shares of Apple Inc. rose more than 4 percent to an all-time high on Thursday as investors bet on strong demand for its media-playing iPhone and speculation mounted over plans to sell the device in Europe.
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Zimbabwe bans bulk buying as shops run empty

Zimbabwe authorities ordered businesses on Thursday to stop selling basic goods in bulk to avert shortages after an official price freeze triggered a frenzied buying spree that has emptied most shop shelves.
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Sterling scales 26-yr peaks vs beleaguered dollar

Sterling jumped to a 26-year high versus the dollar for a third day on Wednesday, vaulting $2.02 and showing no signs of vertigo so far against a broadly weak dollar that stayed near record lows versus the euro.
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FTSE gains as Hilton deal boosts hotels; BoE eyed

Britain's leading share index had edged higher by midday on Wednesday, led by hotel groups after Blackstone agreed to buy Hilton, but overall activity was thin as U.S. markets are closed for a holiday and investors await an interest rate decision on Thursday.

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