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Oil dips on profit-taking after recent rally

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Oil prices dropped back on Thursday in a bout of profit-taking as investors paused after a hefty rally on supply worries amid the fighting in Libya and growing unrest in the Middle East.

Store-brand food seen eating up market share

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Grocery retailers' store-brand products are expected to double their share of the global packaged food market over the next 15 years to make up half the market, according to a report issued on Thursday.
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Oil up as French jet hits pro-Gaddafi plane

Brent crude oil prices edged back up on Thursday on news that a French fighter jet, part of a U.N. coalition enforcing a no-fly zone over Libya, had destroyed a Libyan war plane, raising more worries of a longer supply outage from the strife-torn North African nation.
Ed Harris

Ed Harris cast to play John McCain in Game Change

Approximately a week after it was announced that Julianne Moore will take on the role of Sarah Palin in HBO's Game Change the casting for the presidential nominee, John McCain, has been announced.
Traders work on the floor of the New York Stock Exchange

US stocks advance after jobs data

U.S. stocks advanced in early trade on Thursday after official data showed that applications for jobless benefits fell more than expected last week, recording a drop for a second consecutive week.
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Wal-Mart sets up East Coast office in Atlanta

Wal-Mart Stores Inc said it would manage nearly 1,600 stores in 20 eastern U.S. states from Atlanta, putting a closer focus on opportunities to grow its business in states such as New York.
The Apple iPad 2 is shown during its launch event in San Francisco

iPad 2 Stock-Outs Continue

Barclays Capital said Apple Inc.'s iPad 2, which began shipping in the U.S. on March 11, remains sold out across retailers with limited sporadic availability at Apple stores themselves and 4-5 week wait times via Apple.com.
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Oil trades sideways at $115 on Portugal and MidEast

Brent crude see-sawed on Thursday, as concerns about instability in the Middle East were offset by worries about the economic health of the eurozone following the resignation of Portugal's prime minister.
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Oil up over $115 as MidEast offsets Portugal

Oil rose on Thursday, as concerns about instability in the Middle East outweighed worries about the economic health of the eurozone following the resignation of Portugal's prime minister.
Traders work in the oil options pit on the floor of the New York Mercantile Exchange in New York

World Market Overview 24/03/2011

US stocks defied odds on Wednesday to close slightly positive. The S&P 500 index climbed 3.77 points, or 0.29 percent, to close at 1,297.54. The Dow Jones Industrial Average rallied 67.39 points, or 0.56 percent, to end at 12,086.02. The Nasdaq Composite rose 0.54 percent.

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