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GM CFO search complicated by US pay rules

General Motors Co's [GM.UL] bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
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Electric cars don't deserve halo yet: study

Electric cars will not be dramatically cleaner than autos powered by fossil fuels until they rely less on electricity produced from conventional coal-fired power plants, scientists said on Monday.
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SEC pursuing significant insider cases: source

U.S. financial regulators and federal prosecutors unveiled their biggest-ever insider case involving a hedge fund last week and similar cases may be announced in coming months, sources said on Monday.
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Software pirates hijack Windows 7 China debut

At shops in Shanghai's bustling Xinyang market, fake Apple iPhones and Bose speakers sit neatly alongside bootleg copies of Microsoft's new Windows 7 operating system, a week before its official launch.
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Daily Commentary - 20/10/2009

The Aussie dollar opened Monday a nervous note with local investors unsure if the week ahead could see the beginning of a reversal of the recent strong run higher.
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Wall St hits 12-month highs; Apple up late

U.S. stocks rose to fresh 12-month highs on Monday as optimistic investors rode a wave of solid quarterly earnings, which continued after the session's close when Apple Inc's shares jumped on its results.
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Andy Garcia takes on Saakashvili role

The office of the Georgian president had a new occupant Monday as U.S. actor Andy Garcia took on the role of Mikheil Saakashvili in a film based on last year's war with Russia.
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Beyonce postpones Malaysia gig amid Islamist ire

U.S. pop star Beyonce has postponed a planned concert in Malaysia after the nation's opposition Islamist party raised concerns about her performance, citing moral issues, concert organizers said.
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AIG's aircraft leasing unit gets $2 bln from parent

American International Group Inc, the insurer bailed out by the U.S. government, has extended $2 billion in credit to its aircraft leasing arm, allowing the lessor to meet debt obligations due last week, according to a regulatory filing on Monday.
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Iran atom talks off to good start despite tensions

Talks between Iran and world powers on a deal to allay concerns about Tehran's nuclear drive started well on Monday, the U.N. atomic agency chief said, despite Iran's reported refusal to negotiate with France.
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US Products Outlook-Gasoline shines as stocks down

Gasoline differentials in markets east of the Rockies are expected to hold unseasonal strong levels this week, after last week's surprise drawdown in inventories, as disciplined refiners hold the line on production, industry sources said on Monday.

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