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Stocks near 11-month low on recession fears

World stocks fell toward a recent 11-month low on Monday while the euro and oil prices slipped as concerns about a global economic downturn prompted investors to sell risky assets.

European Stocks Poised to Fall as Gold Hits $1,878

A man walks past an electronic board displaying share prices in Tokyo
European stocks looked set to extend four weeks of losses Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
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European stocks to fall, gold climbs

European stocks looked set to extend four weeks of losses on Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
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Brazil's Vale CEO: No problems yet due to global crisis

Brazil's Vale , the world's third-largest mining company, has yet to change its investment plans or suffer any canceled or modified shipments because of the global crisis, its CEO said in an interview published Sunday.
Former Apple CEO Steve Jobs with iPad

iPad 3 will Launch Early 2012?

Apple might start manufacturing the next generation iPad from October in cooperation with its Asian component suppliers and assemblers in order to release the tablet early next year, an anonymous source told WSJ.
U.S. Vice President Biden and China's Premier Wen smile during their meeting at Zhongnanhai leadership compound in Beijing

Biden Tells China Not to Count out U.S. Strength

U.S. Vice President Joe Biden on Sunday rejected views that American power is waning and said Washington would never default, wrapping up a China visit that has played down tensions between the world's two biggest economies.
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Indian Gold Buyers May Scale Back Purchases - Analyst

Gold buyers in India, the world's largest consumer of the yellow metal, are investing in it on expectations prices may rise, but imports are likely to fall as limited budgets buy less gold, the head of India's biggest importing bank told Reuters on Saturday.
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India gold imports likely to fall on limited

Gold buyers in India, the world's largest consumer of the yellow metal, are investing in it on expectations prices may rise, but imports are likely to fall as limited budgets buy less gold, the head of India's biggest importing bank told Reuters on Saturday.
Rick Perry

Rick Perry Perryisms: 10 Things RP Might Say If Elected President

Republican presidential candidate and Texas governor Rick Perry has shown a flair for putting his foot in his mouth -- or someone else's mouth. He suggested Fed Chairman Ben Bernanke is treasonous. He once suggested the BP oil spill might have been an act of God instead of corporate errors. Here's 10 things Perry might say if elected President.
Hewlett-Packard

As HP Tries to 'Reinvent' Company, Investors Turn Away

Hewlett-Packard no longer likes the PC business, but investors aren't liking HP at the moment on that news. One day after HP said it is considering shedding its PC unit, which currently comprises 30 percent of company sales, investors shed the company's stock, sending HP shares plunging to near six-year lows.
China-U.S. basketball "friendly" erupts into brawl

China-U.S. basketball friendly erupts into brawl

As U.S. Vice President Joe Biden built trust with China in Beijing's corridors of power, goodwill between the two nations unravelled Thursday night on a nearby basketball court, where players traded kicks and punches and even a chair was thrown.
Biden

In China, Biden Pulls Punches, Not Punch Lines

U.S. Vice President Joe Biden, in China on a five-day charm mission, has worked hard with his hosts to inject a little amity into the sometimes fractious relationship, pulling punches but not his punch lines.
Oil's Dip.

China's demand for W. African crude jumps -trade

China's buying of West African crude oil is set to rise about 15 percent in September from August, trade sources said on Friday, but overall Asian imports from West Africa will fall due to slower Indian demand.
Biden seeks to reassure China on U.S. debt

Biden seeks to reassure China on U.S. debt

U.S. Vice President Joe Biden on Friday said China had nothing to worry about concerning the safety of its vast holdings of Treasury debt, while China's Premier Wen Jiabao gave a ringing endorsement of the resilience of the debt-ridden U.S. economy.
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Analysis: Investor frostiness to palladium will thaw

The darkening economic outlook this month has sent investors out of the palladium market in droves, but the coming months of uncertainty are likely to be more of a cooling-off period than an end to their romance with last year's star performer.

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