LONDON

Commodities Battered On Global Sell-Off, Strong Dollar

Cocoa future prices fell Wednesday, as New York-traded commodity "softs" were among the day's biggest losers.
Agricultural commodities, and in particular so-called softs like sugar and coffee, fell hard Wednesday as investors, eyeing the euro zone crisis, priced in the potential fallout on consumption of U.S. farm exports.
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Scientists Turn Skin Cells Into Beating Heart Muscle

Scientists have for the first time succeeded in taking skin cells from patients with heart failure and transforming them into healthy, beating heart tissue that could one day be used to treat the condition.
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Robin Gibb

Robin Gibb Of The Bee Gees Dies At 62

Robin Gibb, a member of the fraternal trio that created some of the most recognizable sounds of the disco era as the Bee Gees, died Sunday in Oxfordshire, England. He was 62.
Super Pit, gold mine in Australia run by Barrick Gold and Newmont Mining

Gold Prices Rise More Than 1%

Gold rose more than 1 percent on Friday, building on the previous session's hefty gains, as a recovery in the euro prompted fresh buying of the precious metal after prices slid to five-month lows earlier this week.
JPMorgan

JPMorgan's 'London Whale' To Be Gone By Year-End: Report

Bruno Iksil, the trader behind the $2-billion-and-counting loss at New York-based banking giant JPMorgan Chase and Co. (NYSE: JPM) that has been the talk of New York and Washington for the past few days, will be leaving the bank within the year, the New York Times' Dealbook blog reported Wednesday.
Greece

Greece Concerns Counteract Good News In US: Daily Markets Wrap

Greece continued to weigh heavily on confidence Wednesday as bank customers there began sending cash out of the country or hiding it under their beds -- this despite hints from German Chancellor Angela Merkel that a stimulus would be forthcoming if the country stuck to its austerity commitments.
Euro

Forex: What Happens If Greece Leaves The Euro?

The growing possibilities of an imminent Greek exit from the single currency bloc could drive up the value of safe-haven currencies such as the U.S. dollar and the British pound, while hurting a number of emerging Asian currencies that are sensitive to investors' risk appetite.
Prime Minister Mariano Rajoy

Greece Sends Buyers To German Debt

Germany's benchmark 10-year bond yield approached Wednesday the record euro-era low it struck on Monday, as investors reduced risk exposure as Greece seemed to be edging closer to leaving the currency bloc. The yield fell to 1.44 percent, just over the 1.43 it struck just two days ago, before rebounding to 1.5 in afternoon trading.

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