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Regulatory questions for Astra, Boehringer drugs

BARCELONA - AstraZeneca and Boehringer Ingelheim both unveiled strong results for new heart drugs at the European Society of Cardiology congress at the weekend -- but neither is guaranteed a home run with regulators.

AT&T looking to invest in India's BSNL -report

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U.S. phone company AT&T (T.N) is in talks to buy a stake in Indian state-owned telecoms firm Bharat Sanchar Nigam Ltd [BSNL.UL], the Economic Times said on Monday, citing unnamed sources with knowledge of the development.
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Stock futures signal losses as commodities retreat

U.S. stock index futures pointed to a lower open on Wall Street on Monday for the last session of the month, with futures for the S&P 500 down 0.78 percent, Dow Jones futures down 0.77 percent and Nasdaq 100 futures down 0.87 percent at 0825 GMT (4:25 a.m. EDT).
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Tribune may exit bankruptcy this fall: report

Bankrupt U.S. media group Tribune Co could emerge from bankruptcy in the autumn without a major overhaul of its present top management, the New York Times said, citing people briefed on the restructuring plans.
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Oil droops towards $72 as Asian shares fall

Oil fell toward $72 a barrel on Monday, as a drop in China's key stock index stoked worries about the country's economy, but hopes that energy demand would soon rebound are on track to push prices up about 4 percent in August.
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Japan Democrats' win may buoy Nikkei, dent JGBs

A historic election win for Japan's opposition Democratic Party on Sunday is likely to buoy Tokyo shares on hopes for less policy deadlock, putting pressure on Japanese government bonds and the yen.
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Funds of hedge funds fight back after Madoff

The fund of hedge funds industry is being forced to reinvent itself after the Madoff scandal and hefty client outflows, and will emerge from the crisis smaller but in better shape than many had expected.
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Citi investors should take profits: Barron's

Investors that bought Citigroup Inc shares should take profits after the U.S. bank's shares climbed almost 100 percent in the last month, Barron's said in its August 31 edition.
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AIG shares look overpriced: Barron's

Shares of insurance giant American International Group soared more than 50 percent last week and they now look overpriced, Barron's said in its August 31 edition.
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India losescontact with Moon Orbiter

India's national space agency said that communications with its first unstaffed spacecraft to orbit the moon were lost on Saturday and that its scientists were no longer controlling the orbiter.
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U.S. judge may decide Asarco's fate as soon as Monday

A U.S. federal judge is expected to decide on Monday whether Grupo Mexico or India's Sterlite Industries will control Asarco LLC, bringing the U.S. copper miner a step closer to leaving bankruptcy after four years.
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Obama's Portuguese water dog

Senator Kennedy had a real love for Portuguese Water Dogs and his gift to the Obamas was a Portuguese Water Dog.
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Capitalism the villain as Moore movie hits Venice

The Venice film festival has capitalism in its sights this year, with premieres of Michael Moore's documentary on the U.S. economic meltdown and a drama starring Matt Damon as a corrupt corporate whistleblower.
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EMC co-founder Richard Egan dies

The billionaire co-founder of top data storage equipment firm EMC Corp (EMC.N), Richard Egan, died on Friday, a spokesman for the company said in an emailed statement.
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For stocks, summer ends with jobs data

The last week of summer could prove to be anything but relaxing for stock investors worried about the economy, with the crucial August jobs report on the agenda.
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Iran's Ahmadinejad may face battle over new cabinet

President Mahmoud Ahmadinejad's proposed new cabinet came in for criticism from some lawmakers in a heated parliamentary debate Sunday, but one senior MP signaled support for the surprise oil minister nominee.
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Lockerbie bomber release linked to oil deal: report

Britain agreed to include Lockerbie bomber Abdel Basset al-Megrahi in a prisoner transfer deal with Libya because of overwhelming interests shortly before an oil deal was sealed with Tripoli, a newspaper reported on Sunday.
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Rep. Frank eyes Fed audit, emergency lending curbs

Rep. Barney Frank, the chairman of the U.S. House of Representatives Financial Services Committee, said he plans legislation to restrict the Federal Reserve's emergency lending powers and subject the central bank to a complete audit.

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