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Economic Indicators

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An economic indicator is information amassed and published by a government or private entity recording the activity in a particular economic sector, either in a specific industry or in an entire economy. Most indicators are statistical, but they can be anecdotal or subjective as well. Indicators are recorded and published on a regular basis by many organizations and are used by traders to assess the strengths or weaknesses of an economy, to predict future activity, to judge central bank policy, ...
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Iran, Total resume talks on gas project - report

Iran's state oil firm and Total have resumed talks about the French energy company's participation in a major liquefied natural gas (LNG) project after a gap of several months, a news agency said on Saturday.
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China objects to U.S. steel pipes probe

China said it adamantly opposed a U.S. inquiry that could lead to new duties of 100 percent or more on seamless steel Chinese-made pipes, accusing Washington of blindly hitting its products with anti-dumping accusations.
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Obama urges lawmakers to finish healthcare reform

With a critical Senate committee vote on healthcare reform looming, President Barack Obama on Saturday urged lawmakers to unite behind the effort but Republicans warned the plan would slap a hefty tax on many Americans.
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Gunmen attack Pakistani army HQ

Suspected Taliban militants wearing army uniforms attacked the Pakistani army's headquarters on Saturday, killing six soldiers and triggering a battle in which four gunmen died, military officials said.
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Retailers try to break deep discount habit

U.S. retailers that pushed deep, margin-sapping discounts in 2008 to try to lure holiday shoppers during the recession are going to try to break consumers of the 70 percent-off habit in 2009.
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EU directive could hit Canada hedge fund business

Canadian hedge funds may lose more than 20 percent of their business if the European Union approves a proposed directive restricting foreigners' ability to sell into the EU, a top fund manager said on Thursday.
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Investments in U.S. venture capital funds plunge

Disappointed investors who threatened to abandon venture capital have carried through, sending the number of new funds tumbling and signaling a smaller industry with fewer venture capitalists.
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Bernanke sees tighter policies as economy heals

The U.S. Federal Reserve must continue to prop up the economy for an extended period but can't do so indefinitely for fear of triggering an inflationary surge, Federal Reserve Chairman Ben Bernanke warned on Thursday.
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Ex-Enron employees seek $24 mln in severance pay

A committee of former Enron employees is seeking U.S. bankruptcy court approval to distribute about $24 million in severance pay from a litigation trust to 3,500 former employees of the collapsed energy trader.
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Mega-IPOs to breed more, but pricing seen key

Giant initial public offerings this week by Banco Santander (Brasil) SA and Verisk Analytics are likely to be followed by more outsized IPOs, but the mixed performance of the stocks shows selling future deals could be difficult.
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Global and U.S. IPO league tables

The biggest week for initial public offerings in 18 months, fueled by offerings from Banco Santander (Brasil) SA and insurance risk specialist Verisk Analytics Inc that raised a combined $10 billion, provided a much-needed boost to investment bankers.
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Chevrolet to take 70 pct of GM sales: exec

General Motors Co's flagship Chevrolet brand expects to boost sales driven by new launches such as the Cruze small car and may represent 70 percent of the automaker's North American sales, the brand's chief said on Friday.
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Autoworkers say high Canada dollar hurting exports

Canada's largest public sector union said on Friday that the strong Canadian dollar is hurting manufacturers and called on the government to take action to help pull the currency closer to its historic range.
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GM Jan-Sept China vehicle sales up

General Motors Co GM.UL said on Friday that its China vehicle sales in the first nine months of this year jumped 55.6 percent from a year earlier, boosted by Beijing's stimulus policies and boding well for record sales for the full year.
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Ford and UAW nearing agreement on contract changes

Ford Motor Co (F.N) is getting close to a deal revising its contract with the United Auto Workers, according to a person briefed on six-week-old talks in which the automaker has aimed to gain concessions the union has already granted to GM and Chrysler.
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Dow hits 2009 closing high on earnings optimism

U.S. stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish broker comments boosted tech shares.
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Trico Marine to raise $400 mln via notes

Oil field services company Trico Marine Services Inc said its unit Trico Shipping AS plans to raise $400 million through senior secured notes, and will use the proceeds to repay debt.
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GM signs deal to sell Hummer to Tengzhong

General Motors Co signed a deal on Friday to sell its iconic but tarnished Hummer brand to an investment partnership headed by an obscure Chinese machinery maker in an agreement that underscores the fast rise and global ambition of the Chinese auto industry.

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