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AIA’s IPO plans in focus after Pru rebuff (Reuters)

Reuters - AIG’s rejection of a lowered takeover offer by Prudential for its Asian life insurance business has shifted attention back to the company’s IPO plans.

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AIA’s IPO plans in focus after Pru rebuff
(Reuters)

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Global rebound anemic: Roubini (Reuters)

Reuters - Advanced economies face years of anemic growth and the risk of a double-dip recession as their citizens cope with sluggish employment and highly indebted governments, economist Nouriel Roubini said on Monday.

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Global rebound anemic: Roubini
(Reuters)

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Investor Ross possibly interested in teaming on Northern Rock (Reuters)

Reuters - Billionaire investor Wilbur Ross on Thursday said he was “quite possibly” interested in teaming up with Richard Branson’s Virgin Money to bid for state-owned British bank Northern Rock.

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Investor Ross possibly interested in teaming on Northern Rock
(Reuters)

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Emerson to buy Avocent for $1.2 billion (Reuters)

Reuters - Industrial conglomerate Emerson Electric Co agreed to acquire network equipment technology provider Avocent Corp for about $1.2 billion in cash in a deal that will expand Emerson’s business that assures the stability of large computer systems.

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Emerson to buy Avocent for $1.2 billion
(Reuters)

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SEC OKs rules for canceling erroneous stock trades (AP)

AP - Federal regulators have approved new rules for stock exchanges for nullifying erroneous trades deemed wildly out of sync with current prices.

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SEC OKs rules for canceling erroneous stock trades
(AP)

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G20 upbeat on economy, pledges financial reforms (Reuters)

Reuters - The Group of 20 rich and developing nations promised to give rising powers such as China more say in rebuilding and guiding the global economy, and declared their crisis-fighting efforts a success on Friday.

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G20 upbeat on economy, pledges financial reforms
(Reuters)

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World stock markets mixed as G-20 eyes recovery (AP)

AP - World stocks traded in narrow ranges Friday as investors looked to leaders of the Group of 20 rich and developing economies assembled in the U.S. for assurance that they will not stifle global economic recovery by prematurely taking away stimulus measures.

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World stock markets mixed as G-20 eyes recovery
(AP)

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G20 to coordinate exit strategy rhetoric: sources (Reuters)

Reuters - Leaders of the Group of 20 nations are expected to agree at their summit in Pittsburgh next week to coordinate their public statements on exit strategies, G20 sources preparing for the meeting said on Friday.

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G20 to coordinate exit strategy rhetoric: sources
(Reuters)

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Rep Frank to pursue mortgage bankruptcy bill (Reuters)

Reuters - The chairman of the House of Representatives Financial Services Committee said on Wednesday he expects to keep pursuing legislation to reduce mortgage loan amounts through bankruptcy proceedings, and lackluster efforts to modify mortgages increase the chances of that legislation passing.

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Rep Frank to pursue mortgage bankruptcy bill
(Reuters)

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Roubini: "U-shaped" recovery is possible (Reuters)

Reuters - Nouriel Roubini, a leading economist who predicted the scale of global financial troubles, said a U-shaped recovery is possible, with leading economies undeperforming perhaps for 3 years.

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Roubini: "U-shaped" recovery is possible
(Reuters)

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