Stock futures climb on easing Dubai fears; China data
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Reuters
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5 minutes ago U.S. stocks were poised for a higher open on Tuesday as concerns over Dubai's debt problems eased and solid manufacturing data from China boosted sentiment as investors awaited a host of U.S. economic reports.
Staples results top estimates, sees sales rising
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Reuters
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34 minutes ago Staples Inc reported quarterly results that topped analyst estimates and forecast a sales rise in the current quarter as trends improve at its North American retail business.
BOJ emergency funds gesture gets government to back off
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Reuters
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34 minutes ago The Bank of Japan offered banks more short-term funds after an emergency meeting on Tuesday, relieving government pressure on the central bank to help avert another recession before upper house polls next year.
November sales to shed light on holiday season
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Reuters
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35 minutes ago When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shopping season.
Dubai ruler plays up strength as Gulf markets fall
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Reuters
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2 hours, 7 minutes ago Gulf markets dropped again on Tuesday, taking little comfort from Dubai World's plan to restructure about $26 billion of debt, while the rulers of Abu Dhabi and Dubai talked up their economic strength.
Somali sea gangs lure investors at pirate lair
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Reuters
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2 hours, 24 minutes ago In Somalia's main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate.
Vivendi shares rise on hopes NBCU stake sale near
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Reuters
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Tue 5:42 am ET Vivendi shares rose on Tuesday as hopes mounted that Europe's largest entertainment group was close to selling its stake in U.S. media group NBCU and getting cash to fund its growth plans.
Geely taps China banks to back $1.8 billion Volvo deal
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Reuters
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Tue 5:08 am ET Geely, the Chinese carmaker picked as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said on Tuesday.
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