IBT Staff Reporter

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France wants broad debate to push G20 goals: Lagarde

France wants a wide international debate as it takes over the G20 presidency to drive its plans for an overhaul of the global monetary system and economic governance, Economy Minister Christine Lagarde said on Saturday.

Jamie Oliver's book emerges bestseller in UK

Jamie Oliver’s latest book 30 Minute Meals has emerged the fastest selling non-fiction book of all times. The book published by Penguin has sold 735,000 copies in two months, averaging 18 copies a minute during opening hours.

Oracle seeks $211 million more from SAP

Oracle Corp is seeking another $211 million from SAP AG on top of the $1.3 billion jury verdict it won last month after a widely watched copyright infringement trial.

First responders call on Congress to act

Declaring, “This game is not yet over!” Rep. Carolyn Maloney, D-NY, was joined by her Congressional colleague, Rep. Jerrold Nadler, D-NY, a few dozen first responders and about 50 supporters today in Lower Manhattan to demand that Congress pass the health and compensation act for the people who got sick working at Ground Zero in the aftermath of the 9/11 terrorist attacks.

Boston emerges as a major hub in insider probe

Think of hedge fund hubs in the United States, and the names that tend to come to mind are New York and Greenwich, Connecticut. Yet when it comes to a major U.S. insider trading investigation, Boston is taking center stage.

Austrian banker Kohn key to Madoff crimes-trustee

Austrian banker Sonja Kohn was a criminal soul mate of Bernard Madoff for 23 years, running an international network of banks and funds to help perpetrate the biggest fraud in financial history, a court-appointed trustee for the Madoff firm said on Friday.

Madoff trustee sues Austrian Kohn for $19.6 billion

The trustee recovering money for the victims of Bernard Madoff's epic fraud sued Sonja Kohn, founder of Austria's Medici Bank, accusing her of playing a major role in the scheme. The lawsuit seeks $19.6 billion in damages.

Chinese auto, tech firms have lackluster debuts

A Chinese auto sales company traded up slightly and a Chinese tech company fell in U.S. stock market debuts on Friday, a sign that not every Chinese companies will get a blank check in its initial public offering.

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