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REUTERS: MONEY NEWS
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Essar still in race to buy Shell's Europe plants
29-Jul-10
NEW DELHI (Reuters) - Essar Oil is still in talks to acquire three of Royal Dutch Shell's European refineries, a top company official said on Thursday.
Toyota says to recall 412,000 cars in United States
29-Jul-10
TOKYO (Reuters) - Japan's Toyota Motor Corp said on Thursday it would recall 412,000 high-end passenger cars in the United States to fix steering problems.
Cheap valuations make China stocks a great takeaway
29-Jul-10
SHANGHAI (Reuters) - Shanghai's stock market, the world's worst performer this year after Greece, has started to rebound after plunging as much as 30 percent this year.
Oil India says has $2 bln budget for foreign buys
29-Jul-10
NEW DELHI (Reuters) - State-run explorer Oil India Ltd has set aside $2 billion for overseas acquisitions, Chairman N.M. Borah told reporters on Thursday.
Panasonic buying Sanyo, other unit for $9.4 bln
29-Jul-10
TOKYO (Reuters) - Japan's Panasonic Corp plans to buy out subsidiaries Sanyo Electric and Panasonic Electric Works for up to 818.4 billion yen ($9.4 billion) to strengthen its push into greener businesses.
Wall St opens higher after jobless claims
29-Jul-10
NEW YORK (Reuters) - Wall Street rose at the open on Thursday on strong earnings from companies including Exxon Mobil and after a drop in weekly jobless claims offered hope for the anemic labour market recovery.
India mobile handset 2010 sales to rise 19 pct - Gartner
29-Jul-10
MUMBAI (Reuters) - Sale of mobile handsets in India, the world's fastest growing wireless market, should rise by 18.5 percent this year on increasing telecoms penetration in Asia's third-largest economy, research firm Gartner said on Thursday.
ONGC Q1 net falls 24.5 pct, lags estimates
29-Jul-10
NEW DELHI (Reuters) - State-run explorer Oil & Natural Gas Corp reported a 24.5 percent fall in first-quarter net profit, lagging estimates, as a rise in crude oil prices meant it had to make higher subsidy payouts.
Buyout surge to test European leveraged loan market
29-Jul-10
LONDON (Reuters) - The European leveraged loan market, in the doldrums for nearly two years, is set for further growth in the second half as risk appetite returns to help private equity sponsors and trade buyers fund several large buyouts.
ANALYSIS - Action on global climate may drift for years
29-Jul-10
LONDON (Reuters) - International action on climate change looks likely to drift over the next two years as politicians waver on tougher carbon caps in the wake of the financial crisis.
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