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Stocks Down, Bunds up as Spanish Debt Costs Jump

World stocks hit a one-week low on Thursday and Bunds rose as Spain paid more than at any time since 1997 to sell ten-year debt, sparking fears it may join other euro zone peripheral states in being unable to finance itself.

Analysis: Axe Hangs over Carrefour Revamp Plan, CEO

A customer walks past a Carrefour outlet in Kuala Lumpur
Carrefour, the world's second-biggest retailer, must slash prices, build more convenience stores and attract online shoppers as dire economic times make the current CEO's hypermarket revival plan increasingly obsolete.
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Hackers eye Canada business: study

Hackers attacking Canadian organizations are determined to make money in targeted campaigns while government insiders stole more data than ever before, a security study released on Tuesday showed.
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European Markets Stabilize after ECB Steps in

Pressure eased on Europe's government debt market Wednesday, with Italian borrowing costs back below the 7 percent level viewed as unsustainable after the European Central Bank was seen buying up bonds.
Men walk past a sign of Olympus Corp outside the company's showroom in Tokyo

Olympus Preparing Legal Action Against Execs: Documents

Japan's disgraced Olympus Corp is preparing to take legal action, including possible criminal complaints, against any executives found responsible for the accounting scandal engulfing the firm, according to an internal staff email.
A sign of Olympus Corp is seen behind a tree a outside the company's showroom in Tokyo

Olympus Shares Rise; Ex-CEO may be Questioned

Shares in Japan's disgraced Olympus Corp jumped on Wednesday on speculation that it can escape delisting over an accounting scandal and that the brunt of any punishment will be borne by a few executives rather than the firm itself.
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Are the boys back at the box office? Not so fast

The strong showing of Immortals and Jack and Jill this weekend -- raking in a total of $57 million combined and beating expectations -- buoyed Hollywood's hope that young men were finally turning back to the cineplex.
John Paulson, the man who made the greatest trade ever

John Paulson Remains a Gold Bull - Analysis

Hedge fund manager and long-time gold bull John Paulson's move to slash ETF bullion holdings by a third in the third quarter does not appear to be a sign that he is abandoning his upbeat view of the metal, industry sources and analysts said.

Chevron Richmond Crude Unit Fire Out -Company

A fire broke out and was quickly extinguished Monday night in a crude distillation unit at Chevron Corp's 245,271 barrel-per-day (bpd) Richmond, California, refinery, according to notices the refinery filed with state and federal pollution regulators.
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Residents Fight for Their Hospital

A small group of protesters have been gathering near the former site of St. Vincent's Hospital for the past eight days to demand Rudin Management, the developer of the site, bring back full-service to the hospital.
The company logo of Sino-Forest is displayed at its office in Hong Kong

Sino-Forest is no Ponzi Scheme: Panel Report

Canada-listed Sino-Forest Corp said an independent committee found no evidence of fraud at the Chinese timber firm following allegations from short-seller Muddy Waters it had exaggerated its assets, although the committee also said it had been unable to verify the company owned all of its forests.

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