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Oil rises above $128 after record surge

SINGAPORE (Reuters) - Oil rose above $128 on Friday, extending gains after its biggest ever one-day rise in the previous session, as the U.S. dollar weakened on signals the European Central Bank may raise interest rates this year.

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Oil rises above $128 after record surge

Bonds down on inflation warnings

HONG KONG (Reuters) - Japanese government bond prices fell on Friday, following a selloff in European and U.S. bonds the previous day, after the European Central Bank joined the Federal Reserve this week in expressing unusually candid concerns about inflation.

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Bonds down on inflation warnings

Verizon Wireless to buy Alltel

NEW YORK (Reuters) - Verizon Wireless said on Thursday it would buy rural mobile phone service provider Alltel Corp for $28.1 billion (14.4 billion pounds) including debt, which would vault it to first place in the U.S. market ahead of AT&T Inc .

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Verizon Wireless to buy Alltel

U.S. arms buyer eyes consequences if BAE breached law

WASHINGTON (Reuters) - BAE Systems would face consequences if found guilty of having violated U.S. anti-bribery laws in an arms sale to Saudi Arabia in the 1980s, the Pentagon’s top weapons buyer said on Thursday.

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U.S. arms buyer eyes consequences if BAE breached law

Oil rises on ECB rate comments, U.S. stocks rally

NEW YORK (Reuters) - Crude oil shot up more than 4 percent, the dollar and government bonds fell on Thursday after European …

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Oil rises on ECB rate comments, U.S. stocks rally

Chancellor says bank could bring in outside financial experts

LONDON (Reuters) - Chancellor Alistair Darling said on Thursday he is considering bringing outside experts into the Bank of England to help maintain financial stability.

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Chancellor says bank could bring in outside financial experts

Verizon to buy Alltel for $28.1 billion

NEW YORK (Reuters) - Verizon Wireless said on Thursday it would buy rural mobile service provider Alltel for $28.1 billion …

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Verizon to buy Alltel for $28.1 billion

Choppy FTSE up after Bank holds interest rates

LONDON (Reuters) - The FTSE 100 index ended higher on Thursday as the Bank of England (BoE) held interest rates, while banks gained and consolidation activity buoyed heavyweight Vodafone.

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Choppy FTSE up after Bank holds interest rates

Verizon to buy Alltel for $28.1 million

NEW YORK (Reuters) - Verizon Wireless said on Thursday it will buy rural mobile service provider Alltel for $28.1 billion (14.4 billion pounds) including debt, which would vault it to first place in the U.S. market ahead of AT&T .

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Verizon to buy Alltel for $28.1 million

HBOS boosts savings rates as competition heats up

LONDON (Reuters) - HBOS has announced it will pay as much as 10 percent interest on savings, the highest rate on the market, as competition for retail deposits heats up in the wake of the credit crunch.

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HBOS boosts savings rates as competition heats up