UNITED STATES

No quick exit for buyer of AIG unit: watchdog

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The buyer of AIG's Taiwan unit Nan Shan Life should run it for at least seven years, the island's financial regulators said on Tuesday, indicating there will be no swift exit for any buyer.
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U.S. factory, home sales data signal economic recovery

The U.S. manufacturing sector grew in August for the first time in over a year and a half, while pending home sales surged to a two-year high in July, adding to mounting evidence the longest economic slowdown since the Great Depression is ending.
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US copper climb at open as data points to recovery

NEW YORK - U.S. copper futures headed higher at the open on Tuesday, recovering a portion of the prior session's steep losses, as equity markets regained their footing and manufacturing and housing data suggested the economic recovery was on track.
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Prostate cancer screening: More harm than good?

Routine screening for prostate cancer has resulted in more than 1 million U.S. men being diagnosed with tumors who might otherwise have suffered no ill effects from them, U.S. researchers said on Monday.
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Healthy habits prevent breast cancer: study

Nearly 40 percent of all breast cancer cases in the United States could be prevented if women kept a healthy weight, drank less alcohol, exercised more and breastfed their babies, according to a report published on Tuesday.
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Tax junk food, drinks to fight child obesity: report

A strongly worded report on child obesity released on Tuesday recommends that state and local governments tax junk food and soft drinks, give tax breaks to grocery stores that open in blighted neighborhoods and build bike trails.
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U.S. manufacturing seen showing expansion

A key gauge of U.S. manufacturing activity likely rose in August, which would bring the index into positive territory for the first time since just after the recession began, according to a Reuters' poll of economists.
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Govt schemes seen boosting August car sales

Europe and the United States were both set to report rises in August car sales thanks to government scrappage incentives, and France said it may extend its scheme beyond the year's end.
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Karzai rival calls on supporters to stay calm

Afghan President Hamid Karzai's main rival Abdullah Abdullah staged a rally of village elders on Tuesday to denounce fraud in last month's election and said he was doing all he could to keep his supporters off the streets.
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Wall Street opens lower ahead of data

Stocks opened lower on Tuesday as ongoing concerns over the strength of the economic recovery looked set to eclipse data expected to show U.S. manufacturing expanded in August.
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US STOCKS-Futures point lower ahead of ISM, housing

U.S. stock index futures pointed to a lower open on Tuesday as ongoing concerns over the strength of an economic recovery looked set to eclipse a report expected to show U.S. manufacturing expanded in August.
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Mayweather-Marquez fight to screen live in theaters

Boxing will return to movie theaters for the first time in almost three decades -- and in high definition -- with the September 19 welterweight championship bout between Floyd Mayweather Jr. and Juan Manuel Marquez, it was announced Monday.
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Oil climbs above $70 ahead of U.S. data

Oil rose above $70 a barrel on Tuesday in choppy trade, as the market awaited U.S. data expected to indicate economic recovery and higher fuel consumption in the world's biggest energy market.
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Wall Street set to fall as manufacturing data eyed

Stock index futures pointed to a lower open on Tuesday as ongoing concerns over the strength of an economic recovery looked set to eclipse a report expected to show U.S. manufacturing expanded in August.
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Surge of filings signals busy autumn for IPOs

The reinvigorated market for initial public offerings has sparked a rash of new filings by prominent companies that have been waiting for years for the chance to go public, setting the stage for potentially billions of dollars in IPOs by the end of the year.
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Clunkers to boost U.S. auto sales

U.S. government incentives likely pushed U.S. auto sales to a 20-month high in August, leaving analysts and the industry guessing how hard a landing to expect with the Cash for Clunkers program now exhausted.
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Stock futures lower ahead of manufacturing data

Stock index futures pointed to a lower open on Tuesday as ongoing concerns over the strength of an economic recovery looked set to eclipse a report expected to show U.S. manufacturing expanded in August.

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