Bankruptcy judge clears Chrysler asset sale (Reuters)

Reuters - A U.S.

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Bankruptcy judge clears Chrysler asset sale
(Reuters)

Private equity firm KKR swings to $1.2 billion loss in 2008 (Reuters)

Reuters - Private equity firm Kohlberg Kravis Roberts & Co posted a substantial loss in 2008 as the global economic downturn took its toll on the firm’s investments.

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Private equity firm KKR swings to $1.2 billion loss in 2008
(Reuters)

Oil hits new seven-month highs on equities optimism (Reuters)

Reuters - Oil prices extended their rally to a fresh seven-month high on Monday as stock market optimism and hope for a global economic recovery supported the market’s best monthly gains in a decade.

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Oil hits new seven-month highs on equities optimism
(Reuters)

GM prepares for Monday bankruptcy filing (Reuters)

Reuters - General Motors Corp and the U.S. government finalized plans for the battered company to reorganize, setting the stage for America’s largest-ever industrial bankruptcy filing before markets open on Monday.

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GM prepares for Monday bankruptcy filing
(Reuters)

After 3-month run, gains are harder on Wall Street (AP)

AP - The stock market is looking winded from its three-month race upward.

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After 3-month run, gains are harder on Wall Street
(AP)

GM bondholder deadline passes as bankruptcy looms (Reuters)

Reuters - General Motors Corp on Saturday finished a key piece of business before a bankruptcy filing planned for Monday as the deadline for bondholders to accept an exchange offer brokered by the Obama administration expired.

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GM bondholder deadline passes as bankruptcy looms
(Reuters)

Elan in talks to sell minority stake: report (Reuters)

Reuters - Irish biotech firm Elan Corp is in late-stage talks to sell a minority stake to Bristol-Myers Squibb Co , a deal that could be a precursor to a full takeover of Elan, the Wall Street Journal reported on Saturday.

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Elan in talks to sell minority stake: report
(Reuters)

Private equity firms to invest in First Southern (Reuters)

Reuters - Three private equity firms have agreed to invest up to $450 million in First Southern Bancorp Inc, giving them control of a small Florida lender that could be used to acquire more banks.

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Private equity firms to invest in First Southern
(Reuters)

GM bondholders near deadline to accept new offer (Reuters)

Reuters - General Motors Corp will find out on Saturday if investors holding $27 billion in the automaker’s bonds will accept an exchange offer as it races to tie up loose ends before a bankruptcy filing next week.

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GM bondholders near deadline to accept new offer
(Reuters)

Retail giant Wal-Mart opens in India (AFP)

AFP - The world’s number one retailer Wal-Mart opened its first sales venture in India on Saturday as part of an ambitious plan to establish a foothold in the country’s vast consumer market.

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Retail giant Wal-Mart opens in India
(AFP)

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