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Asia stocks concede early gains as sentiment wary

Asian stocks outside Japan struggled to hold on to early gains on Monday, as investors remained wary before a slew of corporate earnings and a Fed meeting this week expected to give a cautious readout on the health of the world's biggest economy.

Britain's Serco abandons SRA bid: report

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British services company Serco has pulled out of a $2 billion bid for U.S. defense consulting firm SRA International Inc , the Daily Telegraph said on Monday.
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Fed to go easy on applause

Federal Reserve Chairman Ben Bernanke may have to muffle his applause for the sturdier U.S. economic recovery.
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Bar set high as stocks eye pullback

The much anticipated pullback is finally under way, some investors say, after a mid-week wobble. But the market is showing it still has some juice left -- if earnings can meet towering expectations.
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Former BP CEO in talks over Glencore role: report

Tony Hayward, the former head of BP who was reviled in the United States for his handling of the Gulf of Mexico oil spill, is in talks to join the board of commodities group Glencore, the Sunday Times reported.

KPMG survey expects auto industry investments to soar in next 5 years

Auto industry executives are expected to see a rise in investment in new powertrain technology, new plants, alternative fuel technologies and high growth markets, merger and acquisition activity over the next five years, according to the 12th annual global automotive survey conducted by KPMG LLP.

Heath Ledger fans light up Internet with tributes

Fans of Hollywood actor Heath Ledger light up the internet with humble tributes on his third death anniversary. 'The Dark Knight' with Ledger playing his penultimate role of Joker is the favorite to watch.
 Iran

Big powers leave Iran nuclear talks empty-handed

World powers failed to prise any change from Iran in two days of talks on its nuclear program, with the EU and United States calling the discussions disappointing and saying no further meetings were planned.

Hu's U.S. visit sets new tone but tensions remain

Chinese President Hu Jintao headed home on Friday after a U.S. visit both sides declared a success, but which left questions over how the world's top two economic powers will manage future frictions.
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Unbacked Money, 40 Years On

2011 will mark 40 years since the United States' government finally stopped redeeming its dollars for gold. That ended over 250 years of formal gold backing for the West's dominant currencies. It also took the entire world off precious-metal money for the first time in 5,000 years of civilization.
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Citi CEO Pandit's salary soars to $1.75 mln from $1

Citigroup Inc (C.N) Chief Executive Vikram Pandit got a $1,749,999 raise on Friday.Pandit pledged in 2009 to receive an annual salary of $1 until the struggling Citigroup returned to sustained profitability.
Haitians run on the street while tires burn during a protest in Port-au-Prince

US issues warning against travel to Haiti

US citizens are urged to avoid any “unessential” travel to the Caribbean country Haiti because of the high crime rate and recent cholera outbreak, the US state department warned in a travel advisory.
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SEC urges new fiduciary rule for brokers, advisers

U.S. securities regulators recommended a new uniform fiduciary standard on Friday for broker-dealers and investment advisers that would require them to put their retail customers' best interests first.

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