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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.

G20 hails recovery; quiet on Greece and China

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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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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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Study launched on health impact from mobile phones

A new decades-long study examining the link between the use of mobile phones and long-term health problems such as cancer and neurological diseases launched on Thursday across five European countries.
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Greek debt revision hits stocks

World equity markets and the euro turned south on Thursday after the European Union said Greece's budget deficit was worse than first believed, feeding fears about the country's ability to avoid default.
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Daily Forecast - 22/4/2010

The Australian Dollar opens lower (0.9260) this morning weighed down by little movement in global equity markets last night and further Greek Sovereign debit worries.
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German bank severs Goldman ties, France eyes probe

A German state bank said it had severed business ties with Goldman Sachs Group Inc, citing U.S. regulators' allegation that the dominant Wall Street bank committed fraud, while France eyed an investigation of its own.
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France mulls Goldman probe, fund plays defense

France could become the latest country to examine whether Goldman Sachs Group Inc defrauded investors in marketing a mortgage investment product while the hedge fund that played a key role in the deal moved to head off investor concerns.
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Paulson reassures on Goldman role

Paulson & Co, the hedge fund linked to civil fraud charges against Goldman Sachs Group Inc, moved to head off investor concerns about its role in a deal that has scarred the reputation of the Wall Street bank and overshadowed blow-out quarterly earnings.
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Earnings lift equities, Greece stays in focus

Strong earnings from tech stock Apple and other U.S. companies helped lift global stocks on Wednesday, boosting tech-heavy markets in Asia and feeding optimism about the global economic recovery.
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EUR/USD – lost a lot yesterday

Good morning dear traders, how was your yesterday´s trading day? I hope, you could fetch some pips out of the market. As there have been a lot of chances yesterday.
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Ash flight ban hits life-saving transplant

Europe's flight ban is preventing some life-saving transplant tissue from reaching patients, and other operations have had to be canceled because surgeons are stuck overseas.
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Author Toibin sees novel surviving new technology

Award-winning Irish writer Colm Toibin firmly believes the novel will remain fundamentally unchanged by the Internet or other high-tech innovations, a realm in which he admits he is nearly illiterate.
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Daily Forecast - 21/4/2010

The Australian Dollar opens higher today at 0.9310 after receiving a boost yesterday from the release of the Reserve Bank of Australia (RBA) April 6 board meeting minutes.
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Republicans soften opposition to financial reform

Republican lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.
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Delta posts smaller loss, sees profitable Q2

Delta Air Lines Inc posted a smaller quarterly loss on Tuesday as business traffic began to recover and said it expects a profit in the current period despite disruptions to transatlantic travel caused by ash from an Iceland volcano.
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Goldman earnings beat overshadowed by fraud probe

Goldman Sachs Group Inc reported blow-out quarterly earnings on Tuesday, but investors appeared to focus on the U.S. fraud case against the bank as Britain's market watchdog launched its own probe.
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Wall Street buoyed by energy, Apple at life high

U.S. stocks rose on Tuesday as oil prices lifted energy shares and investors were upbeat about the overall profits recovery, even as some high-profile results fell short of lofty expectations.

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