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Stocks set for lower open on oil and Portugal debt

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Stocks were poised for a lower open on Wednesday, with oil prices edging higher on continued turmoil in Libya, and as a bond auction in Portugal failed to ease concerns the country would need a bailout.

Futures edge higher as oil holds steady

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Stock index futures edged higher on Wednesday as oil prices held steady after an OPEC official said the group saw no need for a meeting to discuss raising output even as turmoil in Libya continued.
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Futures edge up as oil supply fears wane

U.S. stock index futures rose on Wednesday as oil prices held steady after an OPEC official said the group saw no need for an emergency meeting to discuss raising its output even as turmoil in Libya continued.
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Trichet flags April ECB rate rise, stuns markets

The European Central Bank may hike interest rates next month, far earlier than markets expected, though any rise would not signal a series of increases, President Jean-Claude Trichet said on Thursday.
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ECB rate signal fans euro zone debt concerns

The European Central Bank said on Thursday it could soon raise interest rates, heightening concerns about the implications for struggling euro zone countries as EU leaders strive to find a solution.
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Berlin says EU finances draft good basis for talks

German Chancellor Angela Merkel said on Wednesday a European Union document laying out options for a deal on safeguarding euro zone states' public finances was a good basis for discussions at a March 11 summit in Brussels.
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SocGen keeps 2012 targets, Q4 in line

French bank Societe Generale said it would stick to its 2012 profit target of 6 billion euros ($8.1 billion) after it resisted jittery markets and almost quadrupled fourth-quarter 2010 profit.
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Euro zone growth stable, below forecasts

The euro zone economy ended last year with stable growth, failing to meet expectations for an acceleration as expansion in the three largest nations fell short of forecasts and Greece and Portugal contracted.
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World stocks rise on China data

World stocks edged toward last week's 30-month high on Monday as China's shrinking trade surplus underscored its robust domestic demand and talk of slower-than-expected inflation eased policy tightening concerns.
East Timorese sit at a port during sunset in Dili

Travel Postcard: 48 Hours in Dili, East Timor

Dili is the capital of East Timor or Timor Leste, one of the world's newest nations, and is slowly beginning to attract tourists nearly nine years after gaining independence. Reuters correspondents with local knowledge help you get the most out of a short stay.
Google Doodle on Thomas Edison's 164th Birthday

Thomas Edison's Electric Bulb Lights on Google Doodle

For the first time, Google Inc. is celebrating American inventor Thomas Alva Edison's 164th birthday on February 11 with a new still moving doodle logo on its classic homepage featuring some of his best inventions.
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Oil rise on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
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Oil rises on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...

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