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Germany to invite GM this week on Opel

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Germany is ready for further talks with General Motors on the sale of European carmaker Opel and wants to avoid confrontation with the U.S. firm on the matter, a government spokesman said on Monday.

Oil rises towards $75 on recovery hopes

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Oil rose toward $75 a barrel on Monday, within sight of a 10-month high, supported by optimism that an economic recovery will spur a rebound in global energy demand.
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Stock futures rise on recovery hopes

Stock index futures rose on Monday after four straight positive sessions for Wall Street, as global stocks hit 10-month highs on hopes that the U.S. economy will soon start to recover from recession.
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Stock futures point to higher Wall Street open

Stock index futures indicated a stronger start on Wall Street on Monday, extending the previous session's gains after stronger U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke lifted sentiment.
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Stock futures point to higher Wall St open

U.S. stock index futures indicated a stronger start on Wall Street on Monday, extending the previous session's gains after stronger U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke lifted sentiment.
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U.S. stock futures point to higher Wall St open

U.S. stock index futures indicated a stronger start on Wall Street Monday, extending the previous session's gains after stronger U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke lifted sentiment.
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Asia gains lift world stocks to 10-month high

Asian stocks jumped more than 2 percent on Monday, lifting world shares to a 10-month high, after upbeat U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke spurred buying of riskier assets.
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Gold steady above $950/oz, eyes on dollar

Gold was steady above $950 an ounce on Monday, pausing after touching a one-week high near $960 in the previous session, with investors keeping an eye on the currency market for clues on bullion's direction.
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Analyst Bove sees 150-200 more U.S. bank failures

A prominent banking analyst said on Sunday that 150 to 200 more U.S. banks will fail in the current banking crisis, and the industry's payments to keep the Federal Deposit Insurance Corp afloat could eat up 25 percent of pretax income in 2010.
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Roubini sees big risk of double-dip recession: report

Nouriel Roubini, one of the few economists who accurately predicted the magnitude of the world's recent financial troubles, sees a big risk of a double-dip recession, according to an opinion piece posted on the Financial Times' website on Sunday.
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Apple says Google Voice app alters iPhone

IPhone maker Apple Inc told U.S. regulators it has not approved Google Inc's Voice application, which could challenge the wireless industry's giants, because it interferes with the iPhone user experience.
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Qwest cuts awards for CEO, other top execs

Qwest Communications International Inc said it has eliminated tens of thousands of dollars of annual payments to cover expenses of its chief executive and other top officials.
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Tarantino's Nazi movie slays at box office

Nazis and Quentin Tarantino proved a lethal combination at the worldwide box office as the bad-boy director topped the weekend charts with his violent World War Two movie
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Afghan challenger says election widely rigged

Afghan President Hamid Karzai's main challenger said on Sunday he had evidence last week's election had been widely rigged by the incumbent and that he had lodged more than 100 complaints.
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New deficit projections pose risks to Obama's agenda

President Barack Obama's domestic policy proposals will face the reality of skyrocketing deficits on Tuesday when officials release two government reports projecting huge budget shortfalls over the next decade.
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Merkel says GM decision on Opel urgently needed

German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was urgently needed for the carmaker's future.

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