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GE Vivendi make progress on NBC Universal (21 November 06:41) |
| NEW YORK (Reuters) - General Electric and Vivendi are moving closer to a deal on NBC Universal, with Vivendi agreeing to accept payment for just one-third of its stake until a related deal w... |
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Hershey mulls $17 bln solo bid for Cadbury - source (21 November 05:35) |
| PHILADELPHIA (Reuters) - U.S. chocolate maker Hershey is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraf... |
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Honda tops again in efficiency on US roads (21 November 05:15) |
| WASHINGTON (Reuters) - Japan's Honda Motor Co Ltd has again produced the most fuel efficient and least polluting vehicles on American roads, the U.S. government projections for 2009 showed o... |
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US Senate sets hearing on Bernankes renomination (21 November 04:23) |
| WASHINGTON (Reuters) - The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on Dec. 3, putting the cent... |
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EXCLUSIVE - US electric carmaker Tesla prepares IPO (21 November 03:37) |
| SAN FRANCISCO (Reuters) - U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and batter... |
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Hershey weighs $17 billion Cadbury bid - source (21 November 03:30) |
| PHILADELPHIA (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc in an effort to outstrip a hostile offer b... |
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Rothschild star and Buffett banker circle Cadbury (21 November 01:57) |
| LONDON/PHILADELPHIA (Reuters) - Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all.
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US Senate announces Bernanke confirmation hearing (21 November 01:32) |
| WASHINGTON (Reuters) - The Senate Banking Committee will hold a confirmation hearing on Federal Reserve Chairman Ben Bernanke's nomination to a second term as chief of the U.S. central bank ... |
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Oil slips below $77 on dollar rise equities slide (21 November 01:20) |
| NEW YORK (Reuters) - Oil slipped nearly 1 percent to below $77 on Friday as a stronger dollar weighed on prices and falling equities raised concern about the economy and the outlook for ener... |
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France expected to head EU financial services - envoys (21 November 12:54) |
| BRUSSELS (Reuters) - A former French foreign minister is expected to take charge of financial services in the European Union, diplomats said, a move that would unsettle bankers worried he ma... |
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Wall St slips on weak corporate results (20 November 11:49) |
| NEW YORK (Reuters) - Weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday as Wall Street headed for its third straight day of ... |
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Wall St dragged lower after Dell Horton results (20 November 10:32) |
| NEW YORK (Reuters) - Worst-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday in the third straight negative session for Wall Stree... |
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India may miss 200910 power addition target - min (20 November 09:31) |
| NEW DELHI (Reuters) - India is likely to add only 78 percent of its targetted 14.5 gigawatts power capacity in the 2009/10 financial year ending March, Power Minister Sushilkumar Shinde told... |
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Govt to amend cane price rule after farmers protests (20 November 08:45) |
| NEW DELHI (Reuters) - India will change a new sugarcane pricing rule that provoked protests, putting the onus back on mills to pay the difference if state governments raise floor rates fixed... |
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Reuters Summit - India on recovery trail but challenges loom (20 November 08:28) |
| MUMBAI (Reuters) - India evaded the eye of the storm that sucked the global economy into the worst downturn since the Great Depression, and has emerged, along with China, as a leader of the ... |
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Essar Comm to file revised bond offer doc (20 November 08:23) |
| MUMBAI (Reuters) - The Reserve Bank of India (RBI) has sought a revised offer document from Essar Communication Holdings that details how it plans to use funds raised in a $920 million bond ... |
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Galleon sells its stake in Edelweiss (20 November 08:21) |
| MUMBAI (Reuters) - Hedge fund Galleon, which is winding down its funds after its founder was accused of heading an insider trading ring, has sold its holding in Edelweiss Capital, stock exch... |
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India to have mobile number portability from Dec 31 (20 November 07:52) |
| NEW DELHI (Reuters) - India will introduce mobile number portability on Dec 31, a move that could further intensify the stiff competition in the world's fastest-growing wireless market and p... |
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Cox and Kings India IPO subscribed 631 times (20 November 07:44) |
| MUMBAI (Reuters) - Travel operator Cox and Kings (India) Ltd's initial public offer of shares, which closed on Friday, has been subscribed 6.31 times, according to data on the National Stoc... |
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ANALYSIS - Growth valuation to keep Europe share rally alive (20 November 06:08) |
| LONDON (Reuters) - European equities have a lot more ammunition to fire in 2010 even after an eight-month bull run to new highs, as improving economic data and impressive earnings in the thi... |
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FACTBOX - Capital control measures in Asia (20 November 06:07) |
| REUTERS - South Korea's foreign currency liquidity measures unveiled on Thursday may push local banks' costs higher, but any increase will be "marginal", a top financial regulator said.
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Volkswagen names Klingler new head of group sales (20 November 06:02) |
| FRANKFURT (Reuters) - Volkswagen named a 41-year-old former Porsche Holding sales expert who joined the Europe's largest carmaker only a year ago to its management board as new group head of... |
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INTERVIEW - IMFs Lipsky sees sluggish global econ recovery (20 November 05:40) |
| DUBAI (Reuters) - The global economy is heading toward a sustained recovery but given the risks of another downturn it is too soon to withdraw stimulus, International Monetary Fund Deputy Ma... |
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FACTBOX - Indias slow road to economic reform (20 November 05:29) |
| NEW DELHI (Reuters) - Mass protests by sugarcane farmers backed by political opposition parties forced the parliament to adjourn for a second day on Friday, a major headache for the ruling C... |
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JAL hit by report of $1 bln derivatives charge (20 November 05:23) |
| TOKYO (Reuters) - Japan Airlines Corp may have to pay about 100 billion yen ($1.1 billion) to settle derivatives transactions, a newspaper said on Friday, sending the struggling carrier's sh... |
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Investors ask Goldman to be less greedy - WSJ (20 November 05:20) |
| ZURICH (Reuters) - Big shareholders at Goldman Sachs have asked the U.S. bank, on track to deliver $20 billion in bonuses, to pass more profit to investors after it quadrupled quarterly net ... |
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Ferrero Hershey would likely break up Cadbury - press (20 November 05:18) |
| LONDON/MILAN (Reuters) - Cadbury suitors Ferrero and Hershey would likely break the UK confectioner up into separate businesses if a mooted bid for the company succeeds, an Italian newspaper... |
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BSE Sensex rises 14 pct up for 3rd week in row (20 November 04:51) |
| MUMBAI (Reuters) - The BSE Sensex climbed 1.4 percent on Friday and helped stretch weekly run of gains to three in a row, after higher European markets lifted investor confidence from an ear... |
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Govt to amend new sugarcane price rule (20 November 04:16) |
| NEW DELHI (Reuters) - The government on Friday said it would amend a new sugarcane pricing rule, bowing to protests held in the capital by farmers demanding higher prices for their produce.
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INTERVIEW - Conergy sees sales growth in Asia Mideast (20 November 04:01) |
| SINGAPORE (Reuters) - Conergy, Germany's second-biggest solar energy company, expects to generate a fifth of total sales from Asia-Pacific and the Middle East as sales volume doubles in 2010... |
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ANALYSIS - What drives China Soon cleaner fuel (20 November 03:52) |
| BEIJING (Reuters) - Lorry driver Zhang Jianwei isn't worried about cleaner fuel requirements that come into force in China next year, raising the price of motor fuels -- he will just keep bu... |
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Fund flows rush to emerging mkts commodities - EPFR (20 November 03:48) |
| HONG KONG (Reuters) - Investors pumped money into emerging market assets and commodities to diversify away from a weak dollar in the week ending Nov. 18, but U.S. equity funds also saw solid... |
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BSE Sensex provisionally closes up 15 pct (20 November 03:39) |
| MUMBAI (Reuters) - The BSE Sensex erased early losses and provisionally rose 1.5 percent on Friday, with banks and Reliance Industries leading the gains, as investor confidence was helped by... |
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Bharti Airtel slashes mobile roaming charges shares fall (20 November 03:20) |
| NEW DELHI (Reuters) - Bharti Airtel launched yet another new billing plan on Friday, slashing mobile roaming rates by nearly 60 percent and signalling a tariff war in the world's fastest-gro... |
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Govt to change new sugarcane pricing rule - min (20 November 03:01) |
| NEW DELHI (Reuters) - The government has agreed to change a new sugarcane pricing rule, Railways Minister Mamata Banerjee told reporters after a meeting of senior government ministers on Fri... |
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Consumer firms hike ad spend margin threat looms (20 November 02:35) |
| MUMBAI (Reuters) - Consumer firms in India are raising advertising and promotional spends this fiscal to lure shoppers and garner volumes but margin pressure due to rising costs may spoil th... |
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INTERVIEW - Govt wont tax capital inflows - official (20 November 02:06) |
| NEW DELHI (Reuters) - India is not considering imposing a tax to curb an influx in overseas funds, and indeed wants an increase in inflows, the deputy chairman of the government's planning c... |
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China India add big buzz to wireless broadband (20 November 02:00) |
| HONG KONG (Reuters) - The launch of 3G in China and India by the likes of China Mobile and Bharti Airtel could boost wireless broadband worldwide, sparking a boom in new offerings as million... |
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Sugar row underscores political fragility (20 November 01:52) |
| NEW DELHI (Reuters) - The routine reopening of the parliament has suddenly emerged as an awkward test for the Congress-led government's ability to push reforms such as price deregulation in ... |
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Vodafone seeks extension for India tax claim reply (20 November 01:47) |
| NEW DELHI (Reuters) - Vodafone has sought an extension until Jan. 29 to reply to a tax claim notice issued last month by the Indian tax department, Minister of State for Finance S.S. Palanim... |
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Oil steady at below $78 traders seek fresh cues (20 November 01:42) |
| PERTH (Reuters) - Oil prices steadied below $78 a barrel on Friday, looking for fresh direction after a strong U.S. dollar and weak stock markets triggered a 2 percent fall the previous day.... |
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Sugar row underscores Indias political fragility (20 November 01:35) |
| NEW DELHI (Reuters) - The routine reopening of the parliament has suddenly emerged as an awkward test for the Congress-led government's ability to push reforms such as price deregulation in ... |
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Gammon Infra gets 85 bln rupee order from NHAI (20 November 01:27) |
| MUMBAI (Reuters) - Gammon Infrastructure Projects Ltd said on Friday it received an order worth 8.5 billion rupees from the National Highways Authority of India (NHAI) for upgradation work i... |
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TIMELINE - Govt takes measures to tide over sugar shortfall (20 November 12:54) |
| NEW DELHI (Reuters) - Tens of thousands of India's sugarcane growers swarmed through New Delhi on Thursday demanding higher prices for cane, forcing the prime minister to consider changes in... |
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Asia shares dip in nervous trade dlr steady (20 November 12:50) |
| HONG KONG (Reuters) - Asian shares slipped on Friday, but recovered some early losses, while the dollar was steady after U.S. data raised fears that a global economic recovery could lose mom... |
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Bharti Airtel cuts mobile roaming charges (20 November 12:41) |
| NEW DELHI (Reuters) - Bharti Airtel, India's top mobile operator, said on Friday it had launched a new bill plan that would reduce mobile roaming rates by nearly 60 percent.
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INTERVIEW - DuPont sees revenue growth from solar rising 20-30 pct (20 November 12:27) |
| GUANGZHOU, China (Reuters) - Chemicals maker DuPont said revenue growth from its solar power business could accelerate above 20 to 30 percent, fuelled by demand for the clean energy, a top e... |
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Nikkei dips first 4-wk losing streak in a year (20 November 11:47) |
| TOKYO (Reuters) - Japan's Nikkei stock average fell 0.5 percent on Friday and logged its first four-week losing streak in over a year, with techs hit by a poor outlook for U.S. peers as well... |
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PMs visit to US comes with rapid trade growth (20 November 11:38) |
| Reuters - Prime Minister Manmohan Singh arrives in Washington on Monday for a state visit set to boost the burgeoning economic relationship between two countries, which had relatively margin... |
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Goldman Sachs makes 272 managing directors - source (20 November 11:29) |
| NEW YORK (Reuters) - Goldman Sachs Group Inc, in the spotlight over its controversial plans to pay billions of dollars in year-end bonuses to executives, has invited 272 executives to join t... |
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