European commission approves NYSE takeover

THE European Commission has approved InterContinental Exchange's proposed $US8.2 billion ($A8.94 billion) takeover of NYSE Euronext, saying the two are not direct competitors in most markets and will continue to face strong competition. The deal...

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Gold mining firm Barrick to lay off 100

THE world's largest gold mining company has announced plans to eliminate 100 jobs at its corporate headquarters in Toronto. Barrick Gold Corp said on Monday the reduction represents 30 per cent of the head office. Barrick spokesman Andy Lloyd...

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Union urges retailers sign safety accord

THE textile union has called on two leading Australian retailers who sell Bangladeshi manufactured clothing to immediately sign an accord on building safety in that country. Several Australian retailers including Coles, Rivers and Forever New...

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European stocks close down

Boof for PM? It could happen... "BOOF for Prime Minister'' was a regular chant on the outer at Adelaide Oval over the years but perhaps now it can gain some real traction. Why Holden has made a U-turn SOMETHING has happened at Holden...

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Ex-Italy PM Berlusconi faces 7 years jail

FORMER Italian premier Silvio Berlusconi has been found guilty of soliciting sex from a minor and abusing his powers to cover up his actions by a Milan court, which sentenced him to seven years in prison and a lifetime ban on holding public office....

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Labor could lose 35 of 71 seats: poll

Boof for PM? It could happen... "BOOF for Prime Minister'' was a regular chant on the outer at Adelaide Oval over the years but perhaps now it can gain some real traction. Why Holden has made a U-turn SOMETHING has happened at Holden...

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Qatar emir to hand power to son: report

QATAR'S emir will address the country to announce a transfer of powers to his son Crown Prince Sheikh Tamim, a Qatari official says. "The royal palace announces that Qatar's emir, Sheikh Hamad bin Khalifa al-Thani, will address the Qatari people...

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