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BlackRock lands BGI, Barclays boosts capital

BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.
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Barclays lands capital-boosting BlackRock deal

BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager, in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.
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WHO may be poised to declare flu pandemic

The World Health Organization has called an emergency meeting of experts on Thursday to discuss the spreading H1N1 flu outbreak, in a sign the U.N. agency may be poised to declare a pandemic.
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12 of the Best Free European Attractions

Many European cities have the bad reputation of being expensive to visit. And when you plan to see as much as you can during your vacation, the entrance fees really add up.
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Net-A-Porter.com 2008 profits up 234 percent

Upmarket online fashion retailer Net-A-Porter.com reported a more than 230 percent rise in 2008 profit after developing strong relationships with luxury fashion houses and new and existing clients.
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Suu Kyi trial clouds Myanmar cyclone aid effort

Myanmar's trial of opposition leader Aung San Suu Kyi will hurt international efforts to help the army-ruled country's recovery from the devastation of Cyclone Nargis, donors said on Wednesday.
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IT staff snooping on colleagues on rise: survey

More than one-third of information technology professionals abuse administrative passwords to access confidential data such as colleagues' salary details or board-meeting minutes, according to a survey.
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Job outlook stable in many large economies: Manpower

A forward-looking measure of hiring expectations held steady in the United States and other large economies amid signs employment is starting to stabilize, but prospects in several countries worsened, according to a quarterly survey by Manpower Inc.
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Defense deals to grow, but more niche than mega

As the economic crisis squeezes U.S. government budgets and priorities shift beyond defense, the world's top defense contractors will likely turn to acquisitions to ensure they can keep growing.
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WHO getting close to declaring H1N1 pandemic

The World Health Organization is getting close to declaring a full H1N1 influenza pandemic but wants to make sure countries are well prepared for such a move to prevent a panic, its top flu expert said Tuesday.
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Heritage Oil, Turkey's Genel agree $6 billion merger

UK-based oil explorer Heritage Oil agreed to merge with Genel Energy International, a unit of Turkey's Cukurova Group CUKRO.UL, to create an oil producer focused on Iraqi Kurdistan worth around $5.5 billion.
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Asian shares falter on worries rally overdone

Asian shares fell on Tuesday for a second consecutive session as investors worried that a recent rally may be overdone, though oil prices extended gains ahead of data this week expected to show a fall in U.S. crude inventories.
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Daily Commentary - 09/06/2009

Australian Dollar: The Australian Dollar opens beneath US79 cents for the first time since May 29 amid further greenback strength overnight. As expected, trading was fairly muted yesterday thanks to the Queen's Birthday public holiday.
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UK's Brown wins support from Labour MPs

British Prime Minister Gordon Brown survived a challenge to his authority on Monday, winning over Labour members of parliament after admitting mistakes and taking responsibility for a week of political turmoil.
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UK's Brown clings on despite calls to quit

Labour members of parliament (MPs) cheered British Prime Minister Gordon Brown when he arrived to address them on Monday for a meeting that will help to decide his political future.
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Britain's Brown faces revolt after poll defeat

Britain's Prime Minister Gordon Brown faced the prospect of a new challenge to his leadership on Monday when support for his ruling Labour Party plunged to its lowest level in a century after European elections.
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Cerberus sees two senior partners leave: report

Two senior Europe-based partners in U.S. private equity firm Cerberus, majority owner of carmaker Chrysler, have left the company, the Wall Street Journal reported, citing a person familiar with the company.
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New ministers back UK's Brown but fate uncertain

British Prime Minister Gordon Brown, battling to avert the collapse of his government, said on Saturday he would stick to his policies, as his Labor Party faced a European election drubbing.
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Obama says D-Day saved world from evil

U.S. President Barack Obama paid homage to the heroes of D-Day on Saturday, saying their assault on Normandy's beaches exactly 65 years ago had helped save the world from evil and tyranny.

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