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Traders work on the floor of the New York Stock Exchange

Stock Futures Dip on Concerns About Greece

Stock index futures were modestly lower on Monday, extending equities losses from the previous session as concerns over Greece's teetering finances returned to the forefront.
Trader Michael Zicchinolfi works on the floor of the New York Stock Exchange

U.S. Stock Futures Signal More Losses for Equities

Stock index futures pointed to a weaker open on Wall Street on Monday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6-0.9 percent.
Gold bar

Gold extends gains, equities drop on Europe debt fears

Gold strengthened further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the precious metal, which posted its the biggest quarterly gain this year, but a firm U.S. dollar could still cap gains.
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Europe, China woes fuel earnings worries

Investors are worried U.S. earnings growth may finally fall back to earth as turmoil in Europe and signs of a less robust Chinese economy hurt foreign support.
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Nigeria's rescued banks recapitalise

Nigeria's Union Bank on Friday became the last lender rescued in a $4 billion 2009 bailout to get recapitalisation approval, bringing to a close a reform programme set-up two years ago to end the country's banking crisis.
Morocco"s King Mohammed prepares to address the nation in Rabat

Morocco regulator in pledge on monarchy-owned firms

Morocco's antitrust authority pledged total even-handedness in dealing with businesses owned by the monarchy, but exception may be made in sectors that help preserve social stability and firms that are leaders in other sectors, its head said in an interview.
Workers build a pipeline for transporting natural gas

China, Tanzania sign $1 bln gas pipeline deal: report

China and Tanzania have signed a $1 billion loan agreement to build a major natural gas pipeline in east Africa's second-biggest economy, a Tanzanian newspaper quoted the country's energy minister as saying on Friday.
Gold pellets

Central Banks' Gold Buying Helps Lift Gold Prices

Central banks' gold buying is lifting the price of the precious metal in a trend that analysts expect to continue even if widespread predictions of a price rise to $2,000 by year-end comes true.
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Wall Street Sinks at the Open after China Data

Stock indexes fell more than 1 percent at the open on Friday, putting equities on track for their fifth straight monthly decline, as China's manufacturing shrank and stirred fears the global economy was slowing.
Kobe Bryant

Bryant Deal 95 per Cent Done, Say Bologna

NBA All-Star Kobe Bryant was on the verge of making a remarkable move to the modest Italian basketball arena on Friday after Virtus Bologna president Claudio Sabatini described the deal as 95 per cent done.
Shanghai's new financial district skyline is seen from the opposite side of Huang Pu river.

Chinese Private Equity Firms Set Sail Abroad

Flashed on the side of a building here in Shanghai's historic Bund district, an image shows a giant ship named Hony, setting sail from China, traveling past the Statue of Liberty, past Big Ben, and bringing home crates of golden coins.

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