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Stanford liquidators say $370 million in assets found

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Funds and property valued at about $370 million traced to accused Ponzi schemer Allen Stanford have been located, but disputes over control of the assets are holding up disbursement, liquidators for Stanford's offshore bank said on Friday.

Test of artificial pancreas offers diabetes hope

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Researchers from Britain's Cambridge University tested the device on 17 children with type 1 diabetes during a series of nights in hospital and found it kept their blood sugar levels within the important normal range for 60 percent of the time.
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NAB talks to partners on RBS branches: sources

U.S. private equity firm Blackstone and British buyout firm Resolution Group have talked to National Australia Bank about teaming up for its possible bid for more than 300 Royal Bank of Scotland branches, people familiar with the matter said.
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Toyota's $2 bln recall hit to keep it in the red

Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
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Daily Forecast - 4/2/2010

The Australian Dollar opens lower against the greenback today at 0.8815 after mixed local trade data released yesterday.
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Iran says launches satellite rocket

Iran said on Wednesday it had launched a Kavoshgar-3 rocket capable of carrying a satellite -- a move that may add to Western concern about Tehran's nuclear program.
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Iran makes new nuclear offer

President Mahmoud Ahmadinejad said on Tuesday Iran was ready to send its enriched uranium abroad in exchange for nuclear fuel, and a U.S. official said Washington was prepared to listen if Iran was making a new offer to break an impasse over its disputed nuclear program.
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Daily Forecast - 3/2/2010

The Australian Dollar opens lower today at 0.8840 after a busy 24 hours. In a decision that surprised financial markets, the Reserve Bank of Australia left interest rates on hold yesterday at 3.75 per cent causing the currency to dive one US cent in a matter of minutes.
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Cadbury shareholders approve Kraft takeover

Kraft Foods won control of Cadbury on Tuesday as holders of almost 72 percent of the British chocolatier's stock accepted the 11.7 billion pound takeover that will create the world's biggest confectioner.
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Airbus and buyers intensify push for A400M deal

Airbus and buyer nations have intensified efforts to strike a deal this week over the funding of Europe's delayed A400M military transporter, exhausted by months of wrangling, sources close to the talks said.
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Most web bank clients use same passwords elsewhere

A vast majority of online banking customers use their login credentials to access other websites, sharply increasing risk of attack to their bank account, Internet security firm Trusteer said on Tuesday.
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Google pushes Chrome browser as PC battle looms

Google has taken the unusual step of using real-world advertising to promote its Chrome web browser in Europe ahead of a regulatory change that will make it easier for consumers to switch Web browsers.
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Hershey defends Cadbury decision, raises dividend

Chocolate maker Hershey Co defended its decision to back away from a Cadbury bid and a bigger stake in the global confectionery market, saying it remained confident about its growth prospects and was raising its dividend.
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Kraft set for Cadbury deal as workers fret over jobs

Kraft Foods is set to receive enough acceptances from Cadbury shareholders to seal its 11.7 billion pounds ($18.6 billion) takeover by around 1700 GMT (12 noon EST) Tuesday and start the tough integration of Cadbury's 45,000 worldwide employees.
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Daily Forecast - 2/2/2010

This morning the AUD opens higher at 0.8906 against the greenback regaining more than 1% from an intraday low of 0.8787 on Monday.
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JPMorgan may not take all of RBS Sempra: source

JPMorgan Chase is rethinking its purchase of RBS Sempra and could pick up only the joint venture's oil operations and all the non-U.S. businesses, a source familiar with the matter said.

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