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Santander to launch 'free' UK bank account in 2010

Spain's Santander, the banking group which owns Britain's Abbey, Alliance & Leicester and Bradford & Bingley, will next year launch a no-fees current account, with no charges for overdraft use or access to foreign ATMs.

Premier Oil cuts 2009 production guidance

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LONDON - Oil explorer Premier Oil Plc cut its production guidance for 2009 following a temporary loss of output at the Kakap field in Indonesia and maintenance work at its UK producing fields.

Oscars pick director, unveil documentary shortlist

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Oscar organizers joined the MTV generation on Wednesday, naming Hamish Hamilton as director of March's movie awards ceremony, and they also unveiled their shortlist of films vying for a best documentary nomination.
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Stock futures signal losses; eyes on techs

U.S. stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.61 percent, Dow Jones futures down 0.51 percent and Nasdaq 100 futures down 0.44 percent at 1030 GMT (5:30 a.m. EST).
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All Blacks face dressing down over Twitter leak

Neemia Tialata and Cory Jane can expect a talking to from All Blacks coach Graham Henry after revealing on the social networking site Twitter they had been left out of the New Zealand to play England this weekend.
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Financial reforms grind forward in Congress

The U.S. Congress edged closer on Wednesday to creating new government powers to break up giant financial firms, which Europe is already doing, while a U.S. derivatives market crackdown got more complicated.
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Daily Forecast - 18/11/2009

Third quarter Wage Cost Index data came in right on expectations increasing by 0.7% for the quarter and 3.6% on an annualised basis keeping the Aussie between 0.9290 and 0.9320 during morning trade. A story on Bloomberg quoting Chinese Central Bank adviser Fan Gang, who also heads the National Institute of Economic Research, as saying double digit growth in China would not be good as it poses a risk of promoting a property and commodity market bubble put a dampener on the AUD. With Chinese eco...
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JPMorgan set to seal Cazenove deal Thurs -sources

U.S. bank JPMorgan Chase & Co is likely to seal its purchase of the half of Cazenove it does not own for just under 1 billion pounds ($1.7 billion) on Thursday, people familiar with the matter said.
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Call of Duty game sells $550 million in five days

Activision Blizzard Inc said its video game Call of Duty: Modern Warfare 2 scored record sales of $550 million in its first five days, but the company is still concerned about weak consumer spending.
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Call of Duty game sells $550 million in 5 days

Activision Blizzard Inc said its video game Call of Duty: Modern Warfare 2 scored record sales of $550 million in its first five days, but the company is still concerned about weak consumer spending.
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Doctors say most Britons reject swine flu vaccine

More than half of Britons being offered vaccination against pandemic H1N1 flu are turning it down because they fear side-effects or think the virus is too mild to bother, a survey of doctors showed on Wednesday.
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Daily Forecast - 18/11/2009

Yesterday's release of the RBA board minutes from the November 3 0.25% interest rate rise cast some doubt as to the scale of the current wave of Monetary Policy tightening. In the minutes the central bank said ...further gradual adjustment in the cash rate would most likely be appropriate over time, though the pace of the adjustment remained an open question. The market had been looking for more aggressive wording given the hikes already priced in for 2010 and were somewhat disappointed by the...
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Banks, policymakers spar over new rules

Big banks stepped up warnings on Tuesday that tightening capital rules too soon could stall economic recovery, but policymakers said the bailed out sector cannot rely on taxpayers again in future.
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NATO chief confident of big troop increase

NATO Secretary-General Anders Fogh Rasmussen said on Tuesday he was confident the alliance would substantially increase its forces battling Taliban insurgents in Afghanistan.
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Coal stocks, abundant gas pose UK power plants dilemma

Britain's power generators face a coal against gas burning dilemma this winter that extends beyond fuel prices, with high coal stocks, limited coal-fired power plant lifespans, and carbon prices blurring decisions.

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