UNITED STATES

Stock futures flat after Fedex results; data in view

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U.S. stock index futures were flat on Thursday, threatening a fourth straight positive session, as FedEx Corp reported in-line quarterly profits and investors awaited key data on the labor and housing markets.
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Oil falls towards $72 after stock rise

Oil prices fell toward $72 a barrel on Thursday after rising more than 5 percent this week as swollen U.S. distillate stocks such as diesel offset positive sentiment in other markets.
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Global shares rally, dollar falls

Global shares rallied on Thursday, pushing the benchmark world index to a fresh 11-month high, while the euro hit a one-year peak against the low-yielding dollar as investors put back risk trades due to economic optimism.
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Asian shares rally, dollar hits 1-year low

Asian stocks hit their highest level in 13 months on Thursday on signs the global economic recovery could be strengthening, while the dollar slid to a fresh one-year low as investor optimism eroded its safe haven appeal.
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Bright start for Japan's new PM as economy improves

Japan's new prime minister got some good news on his first full day in office on Thursday as the central bank said the struggling economy was showing signs of recovery from its worst recession since World War Two.
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Google talking to DOJ about books settlement: report

Google Inc and a group of authors and publishers are in talks with the U.S. Justice Department about possibly modifying an agreement struck last October to publish millions of books online, Bloomberg reported on Wednesday.
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Google talking to DOJ about books settlement-report

Google Inc and a group of authors and publishers are in talks with the U.S. Justice Department about possibly modifying an agreement struck last October to publish millions of books online, Bloomberg reported on Wednesday.
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Daily Commentary - 17/09/2009

The Australian Dollar opens sharply higher on Thursday at 0.8725 on greenback weakness and a continuation of the recent shift into high-yielding assets.
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MIT's endowment shrinks 20.7 pct to $8 billion

The Massachusetts Institute of Technology said on Wednesday that its endowment shrank 20.7 percent in its last fiscal year as its investments were badly battered by the financial crisis.
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Cuomo subpoenas 5 Bank of America directors

Ratcheting up pressure on the largest U.S. bank, New York Attorney General Andrew Cuomo has subpoenaed five current or former Bank of America Corp directors to learn what they knew about Merrill Lynch & Co's problems as the companies prepared to merge.
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Twitter funding would value it at $1 bln: report

Twitter is closing a round of funding that will value the company known for its 140-character, stream-of-consciousness blogs at $1 billion, technology news site TechCrunch reported on Wednesday.
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EU in informal talks on Microsoft, Yahoo deal-source

EU antitrust regulators are in touch with Microsoft Corp and Yahoo Inc about their search engine deal, a source familiar with the situation said, with the talks seen more as exploratory than indicating any competition concerns.
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Comcast plans to bring TV shows to your phone

Leading U.S. cable operator Comcast Corp said on Wednesday it plans to offer subscribers the option to watch their favorite TV shows on mobile devices through its new wireless Internet service.
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Canada says won't review Nortel-Ericsson deal

Canada has decided against launching a review of the $1.13 billion sale of the wireless assets of bankrupt Nortel Networks to Sweden's Ericsson, Industry Minister Tony Clement said on Wednesday.
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Obama sets Afghan, Pakistan goals, waits on troops

U.S. President Barack Obama said on Wednesday he would not make a swift decision on sending more U.S. forces to Afghanistan and set out broad goals for Kabul and neighboring Pakistan to rein in militants and corruption that critics dismissed as vague.
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Chrysler returns to leasing after year-long gap

Chrysler Group said on Wednesday it would offer leases on its newest vehicles just over a year after sharply tighter credit markets and plunging vehicle values forced it to retreat from the market.
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Exxon Baytown FCC work to last 2 mths-trade

Exxon Mobil Corp's idled 115,000 barrel-per-day gasoline-making fluid catalytic cracker will likely be down for nearly two months for planned maintenance at its 562,500 bpd Baytown, Texas, refinery, traders said Wednesday.
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Global investors call for binding climate policy

Banks, pension funds and other investment groups representing more than $13 trillion in assets called for a strong global agreement on climate policy on Wednesday, saying it would lead to a flood of investment into the low-carbon economy.

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