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Reuters: Business News
  • Asian stocks rebound, but confidence lacking
    HONG KONG (Reuters) - Asian stocks and oil rebounded on Wednesday from recent sell-offs, but low-risk assets such as U.S. Treasuries also retained their luster despite offering the lowest yields in decades amid worries about the ailing global economy.
  • EDF bids for 50 pct of Constellation nuclear assets
    NEW YORK (Reuters) - Electricite de France SA offered to buy a 50 percent stake in Constellation Energy Group Inc's nuclear business for $4.5 billion, in an attempt to scuttle a $4.7 billion takeover by Warren Buffett's MidAmerican Energy Holdings Co.
  • Goldman mulling Internet banking operation: report
    (Reuters) - Goldman Sachs Group Inc is considering launching an Internet banking operation, The Wall Street Journal reported, citing people familiar with the situation.
  • Merrill plans to halve year-end bonuses: report
    (Reuters) - Merrill Lynch & Co, which is set to merge with Bank of America Corp, plans to cut year-end bonuses in half, Bloomberg News said, citing two people with knowledge of the situation.
  • GM says needs fast $4 billion from U.S. to survive
    DETROIT (Reuters) - General Motors Corp warned the U.S. government on Tuesday that it needs a $4 billion loan by the end of December or else it faces the risk of immediate failure.

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Wed, Dec 3rd, 2008, @7:00pm
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