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Euro eases as stock rally runs out of steam

Asian shares fell and the euro slipped on Thursday as short covering rallies ran out of steam, but some analysts said global markets may have finally found support after a heavy selloff in May.

GM to restructure Opel without European aid

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General Motors said on Wednesday it was dropping its request for European aid to restructure its Opel unit, opting to fund the sweeping turnaround plan on its own after government talks bogged down.

Doubts cast on male menopause criteria

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For many middle-aged and elderly men, low libido, depressed mood and a lack of energy may just be the signs of normal aging -- and not low testosterone levels.
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BP cuts dividend, capex, assets for oil spill

Oil giant BP said it would cut three quarters of dividends, significantly reduce its investment program and sell $10 billion of assets to fund a planned $20 billion fund to pay for its Gulf of Mexico oil spill.
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BP cuts dividend, to sell assets for oil spill fund

Oil giant BP said it would cut three quarters of dividends, significantly reduce its investment program and sell $10 billion of assets to fund a planned $20 billion fund to pay for its Gulf of Mexico oil spill.
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Quitting smoking may ease stress levels

Smokers often say they need a cigarette to calm their nerves, but a new study suggests that after a person kicks the habit, chronic stress levels may go down.
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Opel withdraws European requests for state aid

Opel turned its back on state assistance for its restructuring drive on Wednesday, abandoning months of talks with European governments and leaving parent General Motors to fund the program.
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Stock futures down on Spain debt worry

Stock index futures fell on Wednesday, a day after Wall Street jumped more than 2 percent, on new concerns about Spain's fiscal problems, while investors awaited data on producer prices and housing.
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Defense firms face cyber spying at arms bazaar

Top arms groups are on high alert to counter cyber spies from stealing their own secrets at a major arms bazaar outside Paris, even as they market new ways to clients on how to repel hackers in the digital battlespace.
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News Corp seeks to reel in BSkyB, rebuffed for now

Rupert Murdoch's News Corp is proposing to pay $12 billion to take full control of British satellite broadcaster BSkyB as it seeks to generate steadier earnings and make better use of its cash pile.
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Foreigners net buyers of U.S. securities in April

Foreign investors reduced purchases of long-term U.S. securities in April but remained net buyers, while China raised its U.S. Treasury holdings for a second straight month, the Treasury Department said Tuesday.
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Asia rally stalls as Moody's downgrades Greece

Asia's stock market rally paused on Tuesday and the euro sputtered after five days of gains as it struggled to break through a resistance after a downgrade of Greece's credit rating reminded investors that Europe's debt crisis was not over.
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Spain sees credit squeeze but denies EU rescue bid

Spain said on Monday that foreign banks were refusing to lend to some of its banks in the latest twist to the euro zone debt crisis, but denied it was on the brink of seeking a Greek-style European financial rescue.
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UK fiscal watchdog cuts growth, borrowing outlook

Britain's newly created budget watchdog downgraded economic growth forecasts on Monday but did not radically alter the scale of austerity measures required from the country's coalition government.
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Wall Street to rise at open on strong euro zone data

Stocks were set to open higher on Monday, building on last week's gains and tracking a rise in global equities, after strong euro zone industrial data reassured investors the global economic rebound is on track.
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EUR/USD … is there more potential ???

Good morning dear traders, welcome in a new trading week. There was not much action last Friday in EURUSD. In comparison to EURUSD the Cable had a real moving down after bad news of UK.
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EU leaders try to convince markets over euro crisis

European Union leaders will make a new attempt this week to convince financial markets they can contain a debt crisis by agreeing how to tighten economic policy coordination and strengthen budget discipline.

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