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Prudential investor could scupper AIA deal: report

Capital Research and Management, Prudential's largest shareholder, could potentially scupper the British insurer's $35.5 billion takeover of Asian rival AIA, the Daily Telegraph reported in its Tuesday edition.

Google loses Verizon, changes Nexus One plans

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Google Inc said it no longer plans to offer a version of its Nexus One smartphone for the Verizon Wireless network and will change its distribution plans in Britain, underscoring the challenges facing the Internet search company as it expands into the mobile phone market.

Google smartphone coming to stores, no Verizon

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Google Inc's Nexus One smartphone will be sold in Vodafone retail stores in Britain at the end of the month and the company said there are no longer plans to offer a version of the phone that uses the Verizon Wireless network in the United States.
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Fed to extend extended period

With official interest rates near zero and the Federal Reserve unable to cut them any further, every policy meeting by definition brings the central bank one step closer to an eventual monetary tightening.
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China gains clout in World Bank vote shift

China overtook large European nations in a shift in voting power at the World Bank on Sunday that was designed to give emerging economies greater influence in the global development institution.
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Shortsighted to oppose bank tax, IMF warns

Countries that weathered the global economic crisis with their financial systems relatively unscathed are being shortsighted by opposing a global bank levy, the IMF's chief said on Saturday.
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Government watchdog to probe SEC's Goldman lawsuit

A U.S. government watchdog will investigate the Securities and Exchange Commission's fraud lawsuit against Goldman Sachs Group Inc, the SEC's inspector general said on Friday, while two shareholders sued the bank over the fraud allegations.
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G20 hails recovery; quiet on Greece and China

G20 finance leaders said on Friday they had secured a better-than-expected global economic recovery but were wary of overconfidence as Greece's debt crisis put the focus on worsening public finances.
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G20 plots post-crisis path

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis, but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.
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Whipping boy EUR/USD ??

Good morning dear traders,EURUSD had no easy day yesterday. Especially the Euro was the whipping boy of the day. Don´t you think so? Sure, it was a perfect day for short traders, but ...
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Greece worries hammer euro, stocks slide

Stop-loss selling hammered the euro to a one-year low on Friday on heightened speculation Greece would have to seek a bailout to avoid default, while Asian shares fell, dragged down by resource and financial stocks.
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G20 plots post-crisis path; Greece dampens hopes

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.
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IMF chief tries to shore up fraying G20 unity

The IMF sought to maintain unity within the Group of 20 economic powers on Thursday, urging countries not to go separate ways in reforming the financial sector, as frictions emerged over a controversial plan to tax banks.
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Privacy chiefs keep watch over Facebook

Over the past six years, social networking has been the Internet's stand-out phenomenon, linking up more than one billion people eager to exchange videos, pictures or last-minute birthday wishes.
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Biggest study on cellphone health effects launched

The biggest study to date into the effects of mobile-phone usage on long-term health was launched on Thursday, aiming to track at least a quarter of a million of people in five European countries for up to 30 years.
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Pre-term babies face lifetime lung trouble

(Reuters) - Children born extremely early -- at 25 weeks or before -- may risk a lifetime of lung problems, including asthma, British researchers reported on Thursday.

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