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ATHENS (Reuters) - Greece's new prime minister headed to Brussels on Sunday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition backers refused to give a written pledge to support reforms and a public sector union geared up for strikes. Read More »
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Business News | greek pm heads brussels secure cash
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NEW YORK (Reuters) - Wall Street is in for a volatile run this week as escalating problems in Europe's debt crisis continue to keep investors on their toes. Read More »
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Business News | a rally happen big ifs
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(Reuters) - Swiss bank UBS will slash risky assets by almost half and shift focus back to wealthy people's money as it pledged its first dividend since the financial crisis. Read More »
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Business News | ubs slashes investment bank cuts profit targets
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NUSA DUA, Indonesia (Reuters) - The United States announced a massive order for Boeing jets from Indonesia's largest domestic airline, Lion Air, to be showcased as U.S. President Barack Obama winds up an Asia-Pacific tour.Presented By:Strengthen Customer Relationships Ads by Pheedo Read More »
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Business News | boeing wins billion airplane order
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(Reuters) - Bill Miller, a star mutual fund stock-picker who posted a 15-year-long winning streak before losing his touch as the financial crisis hit, will step down from his flagship fund at Legg Mason Inc in April. Read More »
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Business News | legg masons miller step main fund
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(Reuters) - The California attorney general's office has sent subpoenas to Fannie Ma e and Freddie Mac in a wide-reaching probe into the government-backed mortgage giants' lending and foreclosure practices, the Los Angeles Times reported Thursday. Read More »
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Business News | california attorney general subpoenas fannie freddie report
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NEW YORK (Reuters) - Trigger-happy investors dumped stocks on Thursday, scared by the market's sudden fall through a key technical level brought on by more worries about Europe's debt troubles. Read More »
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Business News | euro zone technicals unnerve wall street
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ZURICH (Reuters) - UBS AG made stand-in Sergio Ermotti permanent chief executive on Tuesday and brought forward the start date of chairman designate Axel Weber, in a move to reassure investors following the Swiss bank's $2 billion trading scandal. Read More »
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Business News | ubs names ermotti ceo reassure investors
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(Reuters) - Home Depot Inc raised its fiscal-year outlook for the third time in six months as a host of efforts to improve distribution and boost customer service helped the No. 1 home improvement chain gain share from archrival Lowe's Cos Inc. Read More »
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Business News | home depot outshines lowes again ups outlook
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ZURICH (Reuters) - Credit Suisse Group AG will fully integrate private bank Clariden Leu into its organization, ending the 250 year-old Leu brand and cutting jobs to achieve 200 million Swiss francs ($220 million) in annual cost savings. Read More »
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Business News | csuisse ends oldest swiss bank brand leu
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(Reuters) - A U.S. futures regulator said on Tuesday that activity leading up to the bankruptcy of brokerage MF Global appears to be "either nefarious or illegal." Read More »
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Business News | mf global activity suspicious cftc official
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NEW YORK (Reuters) - Wall Street was set to fall on Tuesday, led by banks and resource-related stocks, as risk aversion tied to Europe's debt crisis sent Italy's bond yields back into a perceived danger zone. Read More »
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Business News | wall street set fall italy fears
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CHICAGO (Reuters) - The euro zone's debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve's No. 2 official warned on Friday as she urged bold action by Europe. Read More »
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Business News | feds yellen urges europe act crisis
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NEW YORK/CHICAGO (Reuters) - MF Global fired all 1,066 of its brokerage employees on Friday, triggering anger and resentment about the firm's collapse after bad bets on European debt under former CEO Jon Corzine's leadership. Read More »
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Business News | mf global fires brokerage staff en masse
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