international

Microsoft’s Windows battles slack PC sales (Reuters)

Reuters – Microsoft Corp’s fiscal second-quarter profit fell very slightly as lagging computer sales to cash-strapped consumers in the United States and Europe hurt its core Windows business.

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Microsoft’s Windows battles slack PC sales
(Reuters)

international

GM becomes world’s top selling automaker in 2011 (Reuters)

Reuters – General Motors Co reclaimed its title as the world’s top selling automaker for the first time since 2007, after sales of more than 9 million vehicles globally in 2011.

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GM becomes world’s top selling automaker in 2011
(Reuters)

international

SEC Inspector General Kotz leaving agency (Reuters)

Reuters – David Kotz, the tough internal watchdog at the Securities and Exchange Commission, is leaving the agency at the end of January to join a private investigative service.

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SEC Inspector General Kotz leaving agency
(Reuters)

international

IMF’s Lagarde warns global economy threatened (Reuters)

Reuters – The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system.

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IMF’s Lagarde warns global economy threatened
(Reuters)

international

Stores see busy, but not bang-up Christmas Eve (Reuters)

Reuters – Retailers saw a steady flow of last-minute shoppers on Saturday, the day before Christmas, putting a moderate cap on a pre-holiday season that started with a bang and has since waned.

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Stores see busy, but not bang-up Christmas Eve
(Reuters)

international

Hungary aiming for 10-15 billion euro IMF/EU deal: analysts (Reuters)

Reuters – Hungary’s government is aiming for a 10-15 billion euro package from the International Monetary Fund and the European Union to stabilize its economy, preferably with lighter terms, but would be also willing to accept a stricter deal, bank analysts said.

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Hungary aiming for 10-15 billion euro IMF/EU deal: analysts
(Reuters)

international

US, Britain, Canada team up on new Iran sanctions (AP)

AP – Thwarted internationally, the Obama administration cobbled together a new set of best-available sanctions against Iran on Monday that underlined its limited capacity to force Tehran to halt its suspected nuclear weapons program.

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US, Britain, Canada team up on new Iran sanctions
(AP)

international

G-20 considers boosting IMF role in eurozone (AP)

AP – The finance chiefs of the world’s leading economies opened the door Saturday for the International Monetary Fund to play a bigger role in fighting the eurozone’s escalating debt troubles.

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G-20 considers boosting IMF role in eurozone
(AP)

international

SABMiller agrees to buy Foster’s for $10.2 billion (Reuters)

Reuters – Brewing giant SABMiller Plc agreed to buy Foster’s Group for an increased price of A$5.10 a share valuing the Australian beermaker at A$9.9 billion ($10.2 billion) and putting SABMiller at the head of Australia’s beer market.

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SABMiller agrees to buy Foster’s for $10.2 billion
(Reuters)

international

Italy downgraded, IMF says Europe behind the curve (Reuters)

Reuters – Standard & Poor’s cut Italy’s credit rating on Tuesday in a surprise move that increased strains on the debt-stressed euro zone, and the International Monetary Fund said Europe’s leaders were failing

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Italy downgraded, IMF says Europe behind the curve
(Reuters)