UNITED STATES

Exxon wins less than expected from Venezuela dispute

Exxon wins less than expected from Venezuela dispute

An arbitration panel has awarded U.S. oil giant Exxon Mobil Corp $908 million in compensation for Venezuela's 2007 nationalization of its assets, less than 10 percent of what the company sought in a long legal battle with the OPEC nation.

Hyundai, Kia eye 6 percent sales rise in 2012

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Hyundai Motor <005380.KS> and affiliate Kia Motors <000270.KS> aim to boost global vehicle sales by 6 percent this year to a combined 7 million units, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.
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U.S. is Top 2012 Property Investment Pick

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
Dennis Rodman

Rodman to Launch Topless Team: Rick Cabaret vs. Headquarters Gentleman's Club?

Rodman heard that Rick's Cabaret was launching a topless basketball league with Spud Webb, a former NBA star with the Atlanta Hawks. Currently, Webb is in charge of the NBA Development League team the Texas Legends. Rodman hopes his topless team and face Rick's Cabaret's team in a charity game, according to MSNBC.com.
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Exxon awarded $908 million in Venezuela dispute

An international arbitration panel has awarded U.S. oil giant Exxon Mobil Corp (XOM.N) $908 million in compensation for Venezuela's 2007 nationalization of assets, less than 10 percent of what it sought in a dispute that pitted a top global oil company against one of the world's largest oil exporters.
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Exclusive: U.S. is top 2012 property investment pick

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
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The 10 Most-Visited Web Sites of 2011: Nielsen Places Google Ahead of Facebook

Earlier this week, Experian Hitwise released its annual list of the most-visited Web sites of 2011; unsurprisingly Facebook topped the list, surpassing Google. Just a few days after that Nielsen Research came out with its own analysis and released its own list of the 10 most-visited Web sites, putting Google on top.
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China factories struggle, policy action seen ahead

China's big manufacturers narrowly avoided a contraction in December a survey showed on Sunday, but downward risks persist and suggest the world's second's second-largest economy will need fresh policy support to counter a slowdown in growth.
U.S. President Barack Obama

Obama Strikes Hopeful Note in Year-End Address

President Barack Obama, striking a hopeful note in a year-end weekly address, hailed foreign policy milestones while keeping pressure on Congress to further extend payroll tax cuts through the end of 2012.
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Verdict reached in Venezuela-Exxon Mobil dispute-sources

An international arbitration panel has reached a verdict in a dispute over Venezuela's nationalization of Exxon Mobil assets, Venezuelan sources said on Saturday, adding they saw the decision as favorable to the South American nation.
Protesters affiliated with the Occupy Wall Street movement stand with signs outside Duarte Square in New York

Occupy makes annual list of most overused words

Occupy this: the trash bin. At least, so say students at Michigan's Lake Superior State University who released an annual list of words they deem so misused, overused and cliched they should be banished in the year ahead.
American GOP Nomination Primary Iowa 2012

Republicans Scour Iowa for Undecided Voters

Republican White House hopefuls scoured Iowa for undecided voters on Saturday and front-runner Mitt Romney argued that he is the best to take on President Barack Obama as time ran short before the first votes of the 2012 election season.

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