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Boerse/NYSE offer concessions for merger approval

Financial exchanges Deutsche Boerse AG and NYSE Euronext are offering to sell some businesses and give rivals access to a major derivatives clearing house to win support from antitrust regulators for their $9 billion merger.

ECB has Secret 20 Billion Euro Bond-buying Limit: Report

A pedestrian walks by a huge Euro logo in front of the European Central Bank (ECB) in Frankfurt
The European Central Bank has secretly imposed a weekly limit of about 20 billion euros ($27 billion) on its euro zone sovereign bond-buying program, according to a report in Germany's Frankfurter Allgemeine Zeitung published on Friday.
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D.Boerse, NYSE propose remedies to seal mega-deal

Exchanges Deutsche Boerse AG and NYSE Euronext will sell some businesses and give rivals access to a major derivatives clearing house in concessions aimed at winning support from antitrust regulators for their $9 billion merger.
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AngloGold Ashanti mine in Ghana

Gold Prices Fall to One-Week Low on Eurozone Fears

Gold fell to a one week low on Thursday as fears that the euro zone debt crisis could spread from peripheral to core economies kept investors nervous and prompted some to liquidate profitable positions to cover losses in other asset classes.
A laboratory worker looks for strains of E.coli bacteria in vegetable cells placed in a petri dish, in La Mojonera.

Europe in the Grip of Drug-Resistant Superbugs

Superbugs capable of evading even the most powerful antibiotics are increasing their grip in Europe with rates of drug resistance in one type of bacteria reaching 50 percent in the worst-hit countries, health officials said Thursday.
U.S. Budget Deficit

'Bond Vigilantes' Push Italy, Spain Interest Rates Higher - is U.S. Next?

So far, the dispensers of global financial justice -- the bond vigilantes -- have given the U.S. a pass on the budget deficit issue. But that can’t last forever, which is why it behooves Democrats and Republicans to reach agreement on a budget deficit reduction package now, starting with a super committee agreement.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Futures Signal Pause After Selloff

Stock index futures pointed to a steady-to-lower open on Wall Street on Thursday, with futures for the S&P 500 flat, Dow Jones futures down 0.04 percent and Nasdaq 100 futures down 0.15 percent at 1055 GMT.
A man gets a shoeshine next to a kiosk displaying a Spanish flag with a bull on it in downtown Madrid

Spanish, French Bond Costs Climb, Raising Contagion Fear

Spain and France struggled with government bond auctions on Thursday, throwing into sharp relief the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is already lapping at Italy's shores.
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Higher food prices help Ahold top Q3 forecasts

Dutch grocer Ahold beat forecasts with a 5 percent rise in third-quarter profit as it gained market share and managed to pass on higher food costs to cash-strapped shoppers in its main U.S. business.
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Stocks Down, Bunds up as Spanish Debt Costs Jump

World stocks hit a one-week low on Thursday and Bunds rose as Spain paid more than at any time since 1997 to sell ten-year debt, sparking fears it may join other euro zone peripheral states in being unable to finance itself.
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France and Germany clash over ECB crisis role

France and Germany, Europe's two central powers, have stepped up their war of words over whether the European Central Bank should intervene more forcefully to halt the euro zone's debt crisis after modest bond purchases failed to calm markets.
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Stocks, euro pressured by debt contagion fears

World stocks dipped to a one-week low on Thursday and the euro held near a five-week trough while safe-haven German bonds rose, as concerns grew over spillover damage to U.S. banks from the euro zone sovereign debt crisis.
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Asian Shares Flat amid Europe Fears

Asian shares wobbled Thursday as doubts deepened about Europe's ability to stop its sovereign debt crisis from spinning out of control, with Germany and France split over the European Central Bank's bond buying role.
Visitors walk past Samsung Electronics' Galaxy Tab 10.1 tablets on display in Seoul

Samsung will Alter Tablet Design to Skirt German Sales Ban

Samsung Electronics said on Thursday that it would launch a redesigned version of its 10.1-inch Galaxy Tab model in Germany as early as this week to avoid a sales ban on the tablet, which a German court said violated Apple's patents.
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IMF replaces Europe director as debt crisis boils

The International Monetary Fund replaced its European Director with a powerful, well-connected, insider on Wednesday in a sign the global lender is setting a more forceful course of action in dealing with the European crisis.

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