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Pensioner becomes surprise YouTube star

YouTube, the popular online home video site, has an unexpected star - a septuagenarian British widower - whose soft-spoken, humble manner has won the hearts of users of the youth dominated Web site.

Airlines to cut Heathrow flights amid security row

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Airlines will cut 20 percent of flights departing London's Heathrow Airport on Monday following a directive by the airport's owner amid a growing dispute over how to handle tougher security measures.

Bomb plot wake-up call in terror finance fight

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The world's top money laundering watchdog on Friday called on countries to intensify measures to combat the financing of terrorism in the wake of the UK bomb plot and called Britain's efforts exemplary.
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European stocks drop, BP slips on U.S. leak news

European shares sank on Monday, pulled lower by BP which began shutting down the biggest oilfield in the United States, with weaker mining and auto stocks adding to the negative tone and trade remaining cautious ahead of Tuesday's Federal Reserve meeting.
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Absa Group Warns of Reduced Earnings

South Africa's largest money lender, Absa Group Ltd announced on Thursday that full-year earnings might be lower than 2005's performance, in spite of reported strong first half-year earnings.
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FTSE closes higher as miners, Corus gain

Britain's FTSE 100 share index closed higher on Tuesday as a surge in the cost of base metals boosted miners such as Xstrata, while steelmaker Corus rose on bid talk and reassuring results from a rival.
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FTSE soars as oil dips, Vodafone up

UK stocks closed at their highest level in nearly two weeks on Monday as numbers from Vodafone boosted investor confidence at the start of a busy earnings week and concerns over the conflict in Lebanon eased slightly.
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Airbus Aims for Boeing's Airspace

Airbus has just announced a new line of uncompromising A350 jets, but analysts say the Boeing 787 Dreamliner may have the right ticket.
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FTSE gains evaporate by close but Capita higher

Britain's FTSE 100 index closed easier on Thursday, giving up an early advance as buyers paused after Wednesday's steep gains on easing interest rate tensions. However, support services company Capita stood out with a 9.3 percent rise after it posted a forecast-beating 24 percent jump in interim profits.
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New Amendments and Conference Notes

The NASD has two new resources to support firm's Anti Money Laundering (AML) programs. A free webcast is available at http://www.nasd.com/webcasts/aml.
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British bankers plead not guilty in Enron case

Three British former bankers extradited to the United States this week pleaded not guilty in federal court on Friday to fraud charges linked to a deal with defunct energy giant Enron Corp.
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FTSE Drops 1 Pct on Political, Rate jitters

Leading British shares dropped 1 percent on Thursday, as escalating geopolitical tensions, record high oil prices and concerns over U.S. corporate profits sent jitters through global equity markets, while a decline in Aviva Plc shares also weighed.
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China's Nanjing to build MG cars in Oklahoma

China's Nanjing Automobile Group, which took control of Britain's collapsed MG Rover last year, on Wednesday said it would build MG-brand cars in Oklahoma, making it the first Chinese automaker to assemble vehicles in the United States.
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Rice says powers forced to take U.N. action on Iran

U.S. Secretary of State Condoleezza Rice said Iran's refusal to accept an international incentives offer to negotiate curbs on its nuclear programme will force major powers to decide on Wednesday to deal with the Islamic Republic at the U.N. Security Council.
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Premier Foods to buy Campbell unit for $846 mln

Premier Foods has agreed to buy the UK and Irish businesses of Campbell Soup for 460 million pounds ($846 million), adding Oxo stock cubes, Batchelor soups and Homepride flour to its stable of brands. Premier Foods, which already owns household names such as Angel Delight desserts and Smash instant mashed potato, said on Wednesday it would finance the deal mainly from a fully underwritten rights issue to raise 450 million pounds.
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Aviva in talks to buy AmerUs

Britain's biggest insurer, Aviva Plc, is in talks to buy U.S. life insurer AmerUs Group Co, valued at about $2.3 billion, in a deal that would boost Aviva's undersized presence in the booming U.S. market.
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Standard Life IPO seen priced at low end of range

Standard Life is set to price next week's market debut at the low end of its price range and at a discount to the UK insurance sector, even as markets claw back recent losses, investors and analysts said.
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BAE Systems Orders New Airbus Audit

Britain's BAE Systems, Europe's largest defense company, ordered an audit of Airbus on Wednesday, pushing back its possible sale of a 20-percent stake in the European planemaker into September at the earliest.

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