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Goldcorp to Buy Andean published on Fri, 03 Sep 2010 15:12:00 EDT

Canadian miner Goldcorp said it had reached a deal to buy Andean Resources in a deal that values the gold company at around $3.42 billion.

UPS Cargo Plane Crashes Near Dubai published on Fri, 03 Sep 2010 15:41:30 EDT

A United Parcel Service Inc.-operated cargo plane, with two crew members aboard, crashed Friday evening on takeoff outside the city of Dubai, according to an initial statement from the company. UPS didn't confirm any casualties. But the United Arab Emirates' official state media reported the bodies of two pilots had been recovered.

Goldman to Shut Principal Strategies Unit published on Fri, 03 Sep 2010 15:49:57 EDT

Goldman Sachs has decided to close its principal-strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congress.

BP bill for Gulf oil spill hits $8bn published on Fri, 3 Sep 2010 20:51:37 +0100

BP said it had spent almost $2bn in the last month responding to its Gulf of Mexico oil spill, even as it plugged the leak, taking its total bill for the catastrophe to $8bn

America: Divided they stand published on Fri, 3 Sep 2010 20:01:49 +0100

With sentiment turned against the White House and a bitter midterm congressional campaign about to start, political gridlock is in prospect – which could be what the public wants

Gates rallies troops in Kandahar published on Fri, 3 Sep 2010 18:52:41 +0100

US defence chief strikes an optimistic note on his trip to the spiritual homeland of the Taliban, the new front line in the war in Afghanistan, forecasting 'an inexorable process' in strategy over the next two to three years

Banks are cutting use of bonuses to recruit published on Fri, 3 Sep 2010 02:08:41 +0100

Guaranteed bonuses accounted for about 5% of the bonuses paid out for 2009 at 37 leading financial companies surveyed by the Institute of International Finance

US STOCKS-S&P 500 rides wave of optimism to best week in eight published on Fri, 03 Sep 2010 20:14:15 UTC

[at Reuters] - The broad S&P 500 index closed its best week in eight on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.

Stocks end week with rally over relief on economy published on Fri, 03 Sep 2010 20:13:54 UTC

[at MarketWatch] - U.S. stocks finished Friday s session and the week with strong gains, as a not-as-bad-as-feared August jobs report provided some relief from concerns over the slowing U.S. economy. On Friday, the Dow Jones Industrial Average gained 127.83 points, or 1.2%, to end at 10,447.93.

Blunt, Carnahan differ on stimulus, bank bailout published on Fri, 03 Sep 2010 18:24:59 UTC

[AP] - Republican Rep. Roy Blunt campaigns for Senate in a blue RV plastered with the message: The choice is clear. Roy will fight for jobs.

Dividends are trumps in a game of poor rates published on Fri, 03 Sep 2010 18:12:10 UTC

[at Financial Times] - In his memoir, Tony Blair claims that it was his idea to give the Bank of England power over interest rates, that he was never kept out of the economic policy space , and that it was not until very late on that he really yielded control of economic policy .

Disquiet over ENRC s purchase of Congo assets published on Fri, 03 Sep 2010 20:15:07 UTC

[at Financial Times] - Anger is growing among London s investor community over the decision by a FTSE 100 miner to buy a disputed copper project in the Democratic Republic of Congo.

Europe cannot have it both ways on immigration published on Fri, 03 Sep 2010 19:51:15 UTC

[at Financial Times] - Which European politician said in July that his country was suffering from 50 years of lax immigration rules that have led to a failure of integration ? Was it Geert Wilders, the Dutch anti-Islamic populist?

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