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The Vatican, in addition to publishing the first report from its financial watchdog agency, announced new regulations to fight money laundering and terrorism financing.
Thursday, May 23, 2013 04:18 |
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BEIJING (AP) A survey shows China`s manufacturing contracted this month, adding to signs a fragile economic recovery is slowing.
Thursday, May 23, 2013 03:54 |
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By Karen Jacobs (Reuters) - Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday. While other airlines have ordered more than 3,000 of the next generation narrow-body models, the Boeing 737 MAX and the Airbus A320neo, Delta says it is playing it safe. ...
Thursday, May 23, 2013 01:54 |
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By Ros Krasny WASHINGTON (Reuters) - The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on the project away from the Obama administration. The Republican-controlled House voted 241-175 with support from some Democrats. The bill faces an uphill battle because it would have to pass the Senate with enough votes to overcome a promised veto from President Barack Obama. ...
Thursday, May 23, 2013 01:04 |
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WASHINGTON (AP) House Republicans pushed through a bill Wednesday to bypass the president to speed approval of the Keystone XL oil pipeline from Canada to Texas. Democrats criticized the legislation as a blatant attempt to allow a foreign company to avoid environmental review.
Thursday, May 23, 2013 00:22 |
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By Nate Raymond (Reuters) - A group of investment firms including Citadel Securities LLC sued the Chicago Board Options Exchange Inc and four other exchanges on Wednesday for improper charges on millions of options trades over a seven-year period. The lawsuit, filed in a state court in Illinois, said the exchanges had discovered last year that a prominent firm had been mismarking orders as originating from public customers when they were not. ...
Thursday, May 23, 2013 03:54 |
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By Aileen Wang and Koh Gui Qing BEIJING (Reuters) - China`s factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world`s second-largest economy is sputtering. The flash HSBC Purchasing Managers` Index (PMI) for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction for the first since October. The final HSBC PMI stood at 50.4 in April. A sub-index measuring overall new orders dropped to 49. ...
Thursday, May 23, 2013 03:54 |
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BEIJING (Reuters) - China`s factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world`s second-largest economy is sputtering. The flash HSBC Purchasing Managers` Index for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction for the first since October. The final HSBC PMI stood at 50.4 in April. A sub-index measuring overall new orders dropped to 49. ...
Thursday, May 23, 2013 02:56 |
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By Jonathan Stempel (Reuters) - Borders owes nothing to holders of roughly $210.5 million of gift cards that had not been used by the time the bookstore chain shut down, a Manhattan federal judge ruled on Wednesday. U.S. District Judge Andrew Carter said it would be unfair to other creditors of the former Borders Group Inc. to let gift card holders pursue recoveries from the bankruptcy estate. To do so, Carter explained, could upset a liquidation by Borders` bankruptcy trustee that is already `substantially` completed. ...
Thursday, May 23, 2013 00:16 |
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SYDNEY (Reuters) - Ford Motor Co said on Thursday it is closing its two Australian auto plants and will cease production in the country in October 2016. Ford Australia Chief Executive Bob Graziano said the company will close its engine plant in Geelong and its assembly plant in Broadmeadows, both in the state of Victoria. The car manufacturer has struggled with sliding sales, high costs and a strong Australian dollar. (Reporting By Jane Wardell; Editing by Michael Perry)
Thursday, May 23, 2013 02:07 |
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