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Traders work on the floor of the New York Stock Exchange

Can U.S. Stocks Still Finish 2011 With a Big Rally?

U.S. stocks have taken a beating in the past few months. Starting late Tuesday, however, the market staged a rally on news that Europe was finally hashing out a plan to recapitalize banks and quiet fears from the European debt crisis.
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An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa stocks rebound, track global equities

South African share prices rose on Wednesday with investors snapping up stocks they felt had been over-sold and as positive sentiment seeped back into global markets after Europe said it would protect the region's lenders from the euro zone crisis.
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E.Africa gas rush eyed as Anadarko ups Mozambique

U.S. explorer Anadarko Petroleum Corp has raised its estimate of the amount of natural gas it has discovered offshore Mozambique by two thirds, lifting hopes that East Africa could become a major gas exporter.
An engineer conducts routine checks on oil tanks at a refinery in Wuhan, Hubei province

Libya's NOC seeks $6bln in sanctions debts

Libya's top oil body is pursuing international oil firms for bills worth around $6 billion that were left unpaid this year due to U.N. sanctions imposed in March, a source in the National Oil Corporation (NOC) told Reuters this week.
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Gold Prices Rise, Retesting Intra-Day Highs

Gold rose on Wednesday after dipping below $1,600 an ounce as stock markets appeared to have found their footing, but traders said the metal's correlation with volatile equities could trigger more selling.
Philip Schiller

iPod Nano Gets Bolder, Brighter Look

The new seventh generation of iPod Nano, despite being so small, was given one of the biggest transformations at Apple's Let's Talk iPhone event on Tuesday.
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Wall Street flat, data tops expectations

Stocks were little changed on Wednesday as European finance ministers appeared ready to prop up struggling banks while reports on the U.S. labor market and services sector came in stronger than expected.

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