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News Corp. Acquires UK's Utarget

Fox International Channels, News Corp.'s pay television unit outside the U.S., acquired a 56 percent stake in European online video advertising network Utarget in an effort to increase its international ad revenue.
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Shirakawa To Head Bank of Japan

The Democratic Party of Japan (DPJ) decided Tuesday to accept Masaaki Shirakawa as Bank of Japan(BOJ) chief, ending a stalemate that has left the world's second largest economy without a permanent central in the midst of a global credit crisis.
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U.S. Stocks Drop on Earning Reports: WaMu, AMD Fall

U.S. stocks on Tuesday fell the most in seven days after Alcoa Inc.'s earnings fell short of forecasts and Washington Mutual Inc. was forced to slash its dividend in a $7 billion bailout. Washington Mutual led financial shares lower after the largest savings and loan cut its payout by 93 percent and projected a first-quarter loss of $1.1 billion.
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Gold needs to retain its string of recent closes

By Jon Nadler Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...
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Why people hold Gold to their hearts

From gold exchange traded funds (ETFs) to gold stocks to buying physical gold, investors now have several different options when it comes to investing in the royal metal.But what exactly is the pur...
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UN Renews Iran Nuclear Talks in April

The U.N. Security Council agreed on Monday to meet in later this month to discuss incentives previously offered to Iran on its nuclear program, U.S. officials said.
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There is plenty of Crude Oil available: OPEC

June crude oil closed up $2.79 at a new contract high of $108.55 with little hope that OPEC can or will do anything to help contain prices.OPEC's Secretary General continues to say that there is p...
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WaMu on Verge of $5 Billion Capital Infusion

Savings and loan bank Washington Mutual, Inc is on the verge of securing a $5 billion investment from private equity buyout group TPG and other investors after suffering big losses in recent months due to the current credit crisis.
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PRECIOUS METALS: Gold, Silver, Platinum Rally

Gold futures rallied in New York on Monday along with other precious-metals futures , helped by a strength in crude oil and worries over the financial stability of the U.S. economy heightened investors demand for the precious metal.
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Bush Sends 'Urgent' Colombia Free Trade Pact to Congress

President George Bush called on Congress Monday to pass a controversial free trade agreement with Colombia, declaring the need is urgent for US national security. The pact will give Congress a 90-day deadline to vote on the new legislation.
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World oil prices near $ 107 in Asian trade

Commodity Online NEW YORK: World oil prices continued their upward journey from last week and are nearing $107 in Asian trade on Monday as US dollar became weaker.In morning trade, New Yo...
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Bank Write-offs to hit $400 Bln

Total global write-offs at financial institutions are expected to reach $400 billion by the end of the year according to one researcher.
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Oil prices above $ 106 on weak US dollar

Commodity Online NEW YORK: World oil prices surged to $ 106.23 a barrel, up by $ 2.40 or by two percent Friday on a weak US dollar and a record decline in job market.News of a fire at an ...
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Gold Edges Higher in NY; Posts Weekly Loss

Gold futures edged higher on Friday, as the dollar slipped after new data reported the biggest unemployment rate climb in five years, raising concerns that the U.S. economy may already be in a recession.
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U.S. Stocks Mixed as Jobless Rate Climbs

U.S. stocks were mixed on Friday after new data reported the biggest unemployment rate climb in five years, causing the market to pare its largest weekly advance since February.

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