MARKETS / FINANCE

HR business boosts Aon profit

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Aon Corp posted a higher quarterly profit that narrowly beat market estimates as the world's largest insurance broker continued to reap the benefits from its acquisition of Hewitt Associates.
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Aon posts higher Q4 profit

Aon Corp , the world's largest insurance broker, posted a higher quarterly profit that narrowly beat market estimates on higher revenues from its human resources segment.
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Ron Paul

Ron Paul 2012: Why Does he Have Insane Internet Support?

The libertarian Congressman from Texas hasn't had a real-world victory in any of the four Republican presidential primaries held so far. His best performance was in Iowa caucuses where he was placed closely behind the GOP frontrunner Mitt Romney, drawing 21.5 percent of the total votes cast. However, Paul, unmistakeably, happens to win - with an overwhelmingly high margin - almost every online election poll, regardless of whether it is hosted by mainstream media or by a niche politica...
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Anonymous hackers access Greek ministry website

Hackers associated with the activist group Anonymous posted a protest against Greece's EU and IMF-inspired austerity policies on the website of the country's justice ministry Friday, a ministry spokeswoman said.
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Nervous markets eye U.S. jobs report, Greece

Caution ahead of U.S. jobs numbers kept a lid on gains for stock markets on Friday after an optimistic start to the year that has added more than 7 percent to global company values.
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China cabinet economist warns of deflation in 2012

China's headline consumer price index is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.
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Swiss probe 12 banks over interbank lending rates

Switzerland said on Friday it was investigating a dozen U.S., European and Japanese banks suspected of conspiring to manipulate interbank lending rates used to set interest rates on hundreds of trillions of dollars of securities.
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Shares, euro flat ahead of U.S. jobs report

A dip in figures on China's non-manufacturing sector helped dampen financial markets optimism on Friday ahead of U.S. jobs data that will offer more clues on the strength of the world's top economy.
India increases base import price of gold, silver

Gold Prices Hold Steady; Heading for 5th Winning Week

Gold prices held steady on Friday, on course for a fifth straight week of gains, as investors awaited a key U.S. labor market report after upbeat jobless claims data in the previous session helped send bullion to a two-month high.
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No Facebook fatigue for longtime users: survey

So much for Facebook fatigue.A survey released on Friday shows that people who have used the social networking site over a long period - since its founding in 2004, say - show no sign that they are tired of posting pictures, updating weekend plans or just relaying random thoughts.
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Martha Stewart Living says Macys deal has loophole

Martha Stewart Living Omnimedia's contract with Macy's to exclusively sell certain products has a loophole that will let the company sell in J.C. Penney Co stores, according to the home-goods company.
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Fed's Fisher: policy action hinged to inflation

The U.S. Federal Reserve may have more latitude to pursue easy-money policies if inflation runs below its newly-set 2-percent target, though such a move does not guarantee more jobs, a top central bank official said on Thursday.
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Signs of split among Volcker rule's foes

As pro-business groups clamor to convince regulators to overhaul their draft of the controversial Volcker rule, fault lines are emerging within the opposition over just what a revamped draft should look like.
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Groupon basks in Facebook light, for now

Groupon Inc shares jumped to their highest level of 2012 Thursday as the daily deal company got a boost from social networking euphoria sparked by Facebook's IPO filing.
Facebook Filling for $5-Bln IPO

Facebook IPO: 5 Danger Signs for Investors

Assuming the $100 billion initial public offering by Facebook proceeds as planned, investors will likely clamor for shares and snap them up, just as in earlier Web frenzies for Netscape Communications, Yahoo and Google. But there are dangers.
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Glencore, Xstrata turn to trusted banking stars

An elite club of bankers traditionally close to London's mining companies stand to earn their firms a share of a $140 million fee pot if the proposed merger between Glencore and Xstrata succeeds.
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Wall Street mixed on earnings

Stocks seesawed in a tight range on Thursday as earnings reports drove individual shares, while a drop in jobless claims pointed to a slowly healing labor market before Friday's employment report.
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Rising regulatory risk squashing M&A deals, say advisers

Competition watchdogs are stifling those companies still braving economic uncertainty to attempt mergers and acquisitions, say bankers and lawyers who claim the burden of bureaucracy has intensified with the financial crisis.
Kim Dotcom Has A Case: Truth Behind Megavideo, Megaupload Indictment

Why Kim Dotcom Has a Case: The Truth Behind The Megaupload Indictment

Before the Justice Department went after Megaupload, a corporation called Viacom decided to sue YouTube and its parent, Google. Here's why the two cases aren't as different as you think... and why the prosecutors who wrote the indictment against Kim Dotcom are hoping you won't find out.
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Facebook's Zuckerberg to keep iron grip after IPO

Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say.
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Dow Chemical profit, revenue miss

Dow Chemical Co's quarterly profit and revenue missed Wall Street's expectations as demand for electronics, plastics and coatings plunged, causing the company to slash production and aggressively discount some products.

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