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Mideast/Asia fund eyes sharia for clean tech

Private equity firm Middle East & Asia Capital Partners Pte (MEACP) plans to introduce a sharia-compliant investment vehicle to its clean energy fund to attract Islamic capital, a company executive said.

Wall St set for strong open after Bullard comments

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U.S. stock index futures pointed to a nearly 1 percent rise at the open on Monday after comments by a Fed official reassured investors the government is committed to helping the economy recover from a deep recession.
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JAL seeks 40 percent pension payout cut for survival

Japan Airlines Corp asked retirees and employees on Monday to accept an average 40 percent cut to their pension payouts and warned the struggling airline could face bankruptcy if an agreement could not be reached.
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NY Times to Goldman Sachs: Pay up to cut public debt

A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt.
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BofA may extend CEO search into 2010: report

Bank of America may extend its search for a new chief executive into next year if its board is unable to pick a candidate in the next four days, according to a report on the Bloomberg News website.
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Hershey weighs $17 billion Cadbury bid: source

U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc in an effort to outstrip a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
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Hershey's trust pushes for Cadbury bid: report

The charitable trust that controls Hershey Co is pushing the company to launch a rival $17 billion bid for Cadbury Plc , the Wall Street Journal reported on Friday, citing people familiar with the matter.
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Paulson's golden investors have to commit $10 million

Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.
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Wall St slips on weak corporate results

Weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday as Wall Street headed for its third straight day of losses.
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Nomura Asset to suspend subscription of REIT fund

Nomura Asset Management said on Friday it will suspend new subscriptions of a popular U.S. REIT investment trust fund as heavy inflows from retail investors boosted its size beyond the appropriate level to manage the fund.
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Goldman holders seek bonus pool reduction: report

Some big Goldman Sachs Group Inc shareholders have asked the U.S. bank to cut what could be the biggest bonuses in its history to pass more profit onto investors, the Wall Street Journal reported on Friday.
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Futures point lower after Dell, D.R. Horton results

U.S. stock index futures pointed to a lower open on Friday after worse-than-expected quarterly results from computer maker Dell and homebuilder D.R. Horton underscored that the road to recovery would not be smooth.
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Investors ask Goldman to be less greedy: report

Big shareholders at Goldman Sachs have asked the U.S. bank, which is on track to pay out the biggest bonuses in the company's history, to pass more profit to investors, the Wall Street Journal reported on Friday.
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Futures lower after Dell results

U.S. stock index futures were lower on Friday, a day after Dell Inc reported weaker-than-expected third-quarter sales, underlining concerns about the strength of technology sector.

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