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Written by Hamza   

Data, Fed to test if rally has legs

Fri, 12 Mar 2010 19:46:13 -0500
NEW YORK (Reuters) - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week's economic data and statement from the central bank for evidence the recovery is still on track.



Euro finance ministers to agree on Greek aid: source

Sat, 13 Mar 2010 15:21:25 -0500
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.



UBS may return to commodities in 2010: report

Sat, 13 Mar 2010 08:14:03 -0500
ZURICH (Reuters) - UBS is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment bank.



Google "99.9 pct" sure to shut China search engine: report

Sat, 13 Mar 2010 05:34:03 -0500
SHANGHAI (Reuters) - Talks with China over censorship have reached an apparent impasse and Google, the world's largest search engine, is now "99.9 percent" certain to shut its Chinese search engine, the Financial Times said on Saturday.



Uranium major Niger urged to review contracts

Sat, 13 Mar 2010 13:49:53 -0500
NIAMEY (Reuters) - The new junta ruling in Niger, one of the world's biggest uranium producers, should review and possibly renegotiate dozens of resource exploitation contracts, civil rights groups said on Saturday.



Greeks back austerity measures, oppose unrest: poll

Sat, 13 Mar 2010 12:25:28 -0500
ATHENS (Reuters) - Most Greeks think draconian austerity measures announced by the government earlier this month were along the right lines and many feel labor unions should not oppose them too aggressively, a poll showed.



Kuwait Dar seeks government support

Sat, 13 Mar 2010 08:02:20 -0500
KUWAIT (Reuters) - Kuwait's Investment Dar , which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restructuring.



Swisscom CEO says Fastweb victim of fraud: report

Sat, 13 Mar 2010 10:16:48 -0500
ZURICH (Reuters) - The chief executive of Swisscom AG said Fastweb was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defense of his company's subsidiary.



Six imperatives for financial regulation: Summers

Sat, 13 Mar 2010 01:32:23 -0500
PALO ALTO, California (Reuters) - The United States should rethink domestic and global financial regulation, Lawrence Summers, director of the White House's National Economic Council, said on Friday, outlining six "imperatives."



MGM Mirage says CityCenter contractor to file suit

Sat, 13 Mar 2010 06:39:08 -0500
LOS ANGELES (Reuters) - The primary general contractor for the .5 billion CityCenter project on the Las Vegas Strip plans to sue the project's owners for 2 million.







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