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U.S. regulators probed Madoff eight times over 16 years
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Reuters - Mon 05 Jan, 05:59 AM
(Reuters) - Bernard L. Madoff Investment Securities LLC was examined at least eight times in 16 years by the U.S. Securities and Exchange Commission (SEC) and other regulators, who often came armed with suspicions, the Wall Street Journal said.
Sony may announce drastic cost cuts
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Reuters - Mon 05 Jan, 05:30 AM
TOKYO (Reuters) - Japan's Sony Corp is likely to announce a restructuring plan that could include closures of Japanese factories and major divisions, the Times of London said on Monday, but the company denied any such plan existed.
Oil above $47 on MidEast tensions and Russia gas row
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Reuters - Mon 05 Jan, 04:16 AM
SINGAPORE (Reuters) - Oil prices rose nearly 2 percent on Monday after an Iranian military commander reportedly called for an oil boycott over Israel's offensive in the Gaza Strip, and on concerns over the deepening Russian gas supply row.
Asia stocks at 2-month high as risk taking returns
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Reuters - Mon 05 Jan, 04:14 AM
HONG KONG (Reuters) - Asian stocks hit a two-month high on Monday, with investors betting the global economy will start to recover later this year by shedding some of their big holdings of safe-haven government bonds.
Heathrow may get 4.5 billion pound rail hub
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Reuters - Mon 05 Jan, 02:02 AM
LONDON (Reuters) - The government's plans to expand Heathrow airport could include a new, 4.5 billion pound rail hub as well as a third runway, transport minister Andrew Adonis said in remarks published on Sunday.
Fed and ECB prepare to tackle deflation head-on
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Reuters - Mon 05 Jan, 01:09 AM
SAN FRANCISCO (Reuters) - Officials from the Federal Reserve and the European Central Bank on Sunday vowed to fight the damaging effects of deflation as the global economy suffers a deep and lengthy recession.
Oil surges over 3 percent on Gaza conflict
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Reuters - Sun 04 Jan, 11:51 PM
SINGAPORE (Reuters) - Oil jumped more than 3 percent on Monday after an Iranian military commander reportedly called for an oil boycott over Israel's ground offensive in the Gaza Strip and on concerns over the deepening Russian gas supply row.
Australia's NAB may sell British banks
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Reuters - Sun 04 Jan, 11:44 PM
SYDNEY (Reuters) - National Australia Bank (NAB), Australia's top bank, could be looking at selling its British banks amid investor unhappiness about lower returns from the businesses, the Sunday Times newspaper said on its Website.
Oil surges over 3 percent on Gaza, gas row
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Reuters - Sun 04 Jan, 11:23 PM
SINGAPORE (Reuters) - Oil prices jumped more than 3 percent in opening trade on Monday, rising for a third day after Israel launched a ground offensive in the Gaza Strip at the weekend and on concerns over a deepening Russian gas supply row.
Nikkei to start year strong on Wall Street rise
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Reuters - Sun 04 Jan, 11:22 PM
TOKYO (Reuters) - Japan's Nikkei average is set to rise on Monday, the first trading day of 2009, after Wall Street rallied on Friday to its highest levels since early November on hopes for a recovery in the U.S. economy later in the year.
New year and same old problems
11:13 PM
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Reuters]
Yellen says Fed can expand unconventional policies
11:12 PM
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Reuters]
Yellen says Fed far from out of policy tools
11:08 PM
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Reuters]
Papademos says ECB will not permit deflation
09:53 PM
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Reuters]
WPP may cut jobs amid downturn
09:43 PM
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Reuters]
Merkel's coalition at odds over new stimulus plan
09:38 PM
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Reuters]
New bailout not on Brown's agenda
08:47 PM
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Reuters]
ECB's Papademos says more rate cuts could be needed
08:16 PM
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Reuters]
Bellway criticised over executive bonuses
06:43 PM
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Reuters]
Russia gas disruption spreads to Czechs and Turks
06:29 PM
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Reuters]
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