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BP faces angry oil spill protesters at AGM

BP's annual shareholder meeting was disrupted by campaigners protesting against the oil giant's role in the Gulf of Mexico spill, while investors registered their disapproval with big votes against directors.
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News of the World hacking scandal moves to UK court

An attempt by Rupert Murdoch to draw a line under an escalating phone-hacking scandal looked set to fail on Friday with a host of lawyers going to court to join forces against his British newspaper publishing arm.
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Glencore set to detail plans for $10 billion listing

Commodities giant Glencore is set to launch a roughly $10 billion public offering on Thursday, when it outlines plans for a May market debut that will make multi-millionaires of its partners and boost its deal-making capacity.
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Iceland risks fall to junk status on Icesave woe

Iceland's credit ratings could be downgraded into junk debt status after its voters rejected a deal to repay Britain and the Netherlands for losses from a banking crash, Standard & Poor's said on Wednesday.
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World Market Overview Report 04/13/2011

Investors retreated from stocks, oil and other risky assets as a worsening nuclear situation in Japan and a lackluster start to the U.S.'s corporate earnings season cast doubt over the global economic recovery. The Dow Jones Industrial Average dropped 117.53 points, or 0.95%, to 12263.58, while the Standard & Poor's 500-stock index lost 10.30 points, or 0.78%, at 1314.16, and the Nasdaq Composite fell 26.72 points, or 0.96%, to 2744.79.

Is UK govt. smiling on alleged Lockerbie plotter Moussa Koussa?

Former Libyan strongman Moussa Koussa, who is strongly believed to have played a role in the infamous Lockerbie bombing, was allowed to leave London on Tuesday. Britain's coalition government has been accused of offering a transit lounge for alleged war criminals after a foreign office spokesperson said Koussa was free to come and go.
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World Market Overview 04/13/2011

Asian shares fell Tuesday on selling prompted by Japan declaring its nuclear crisis a match for the Chernobyl disaster in severity and after the International Monetary Fund said global economic growth should slow this year as new risks emerge.
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G20 to work on imbalances plan amid crowded agenda

The world's biggest economies hope to make progress this week on a plan to identify countries that put the global economy at risk, while China warned against any moves that would curb its red-hot growth.
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Shock UK inflation fall eases pressure on BoE

British inflation eased in March for the first time since last summer as grocers cut food prices, reducing the chance of a Bank of England rate hike in May and giving it leeway to support the still shaky economy.

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