UNITED STATES

GM names Microsoft finance chief as CFO

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General Motors Co has hired Chris Liddell, the chief financial officer of Microsoft Corp , as its new finance chief, bringing in a well-regarded auto outsider who could succeed GM's acting CEO Ed Whitacre when he steps aside.
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Rajaratnam, Chiesi plead innocent in Galleon case

Galleon hedge fund founder Raj Rajaratnam and co-defendant Danielle Chiesi asserted their innocence on Monday to charges of securities fraud, in what U.S. prosecutors describe as the biggest hedge fund insider trading case ever.
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Qaeda makes rare public appearance at Yemen rally

Al Qaeda militants made a rare public appearance in restive south Yemen on Monday, telling an anti-government rally that the group's war was with the United States and not the Yemeni army, residents said.
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Daily Forecast - 22/12/2009

The Aussie failed to hold on to the 89 cent level in early morning trade yesterday declining steadily throughout the Asian session to enter offshore exchange around 0.8840 against the Greenback.
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Canadian auto parts makers poised for green gains

A push by U.S. automakers to build more fuel efficient vehicles is playing to a strength of Canada's auto parts makers and positions them to pick up market share as the industry emerges from recession.
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U.S. Senate on track to pass healthcare bill

President Barack Obama on Monday heralded a U.S. Senate vote that moved a bill on his signature healthcare reform closer to passage and congratulated lawmakers for defying special interests.
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Wall Street gains; S&P, Nasdaq eye 2009 highs

U.S. stocks climbed on Monday, with the S&P 500 and Nasdaq eyeing new year highs, lifted by the healthcare sector after a Senate bill advanced that omitted some provisions opposed by the industry.
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Citigroup says not seeking buyers for EMI

Citigroup (C.N) said it was not seeking buyers for EMI LNDONE.UL, the British music group whose owners, Terra Firma TERA.UL, are suing the U.S. bank for billions of dollars in damages relating to its 2007 buyout.
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Rajaratnam pleads innocent in Galleon case

Galleon hedge fund founder Raj Rajaratnam and co-defendant Danielle Chiesi asserted their innocence on Monday to charges of securities fraud, in what U.S. prosecutors describe as the biggest hedge fund insider trading case ever.
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Heinz CEO sees changed consumer habits

H.J. Heinz Co sees a long-lasting consumer shift to thrift and must carefully balance its business strategy in response, the ketchup maker's chief executive said on Monday.
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Q+A: What Copenhagen Accord means for prices, markets

European carbon prices crashed by almost 9 percent on Monday after UN climate talks ended on Saturday with a bare-minimum agreement between after the U.S., China and a few other emerging powers that falls far short of the conference's original goals.
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WTO sets panel on China raw material export curbs

The World Trade Organization set up a panel on Monday to rule on complaints by the United States, European Union and Mexico about Chinese curbs on exports of raw materials important to their own industries.
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Serious U.S. mortgage delinquencies up 20 percent

Serious delinquencies among U.S. prime mortgages rose nearly 20 percent in the third quarter from the prior quarter, as the percentage of current and performing mortgages fell for the sixth consecutive quarter, banking regulators said on Monday.

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