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Panasonic said in talks to buy Sanyo Electric

TOKYO (Reuters) - Japanese electronics maker Panasonic is in talks with Goldman Sachs and two other major shareholders of Sanyo Electric to buy a controlling stake in its smaller rival, company and financial sources said on Saturday.

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Panasonic said in talks to buy Sanyo Electric

Baugur defends its leverage policy

LONDON (Reuters) - Baugur’s bosses were quoted as saying the Icelandic investor had adopted a “sensible” leverage policy despite debts of 1 billion pounds.

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Baugur defends its leverage policy

U.S. consumers slash spending

NEW YORK (Reuters) - Americans slashed spending and the country’s business outlook weakened but there were signs of stabilization in global markets on Friday, with interbank rates falling and U.S. stocks posting their best week in 34 years.

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U.S. consumers slash spending

Former Lehman COO to leave Barclays

NEW YORK (Reuters) - Herbert “Bart” McDade, former chief operating officer of Lehman Brothers Holdings , is leaving Barclays Capital at the end of November, a spokeswoman said.

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Former Lehman COO to leave Barclays

U.S. consumers slash spending and world markets stabilize

NEW YORK (Reuters) - Americans slashed spending and the country’s business outlook weakened but there were signs of stabilization in global markets on Friday, with interbank rates falling and U.S. stocks posting their best week in 34 years.

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U.S. consumers slash spending and world markets stabilize

Chevron profit tops Wall Street forecasts

NEW YORK/SAN FRANCISCO (Reuters) - Chevron’s quarterly profit more than doubled, easily beating Wall Street forecasts, as high oil prices and healthy refinery margins boosted its bottom line.

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Chevron profit tops Wall Street forecasts

U.S. stocks rise on credit thaw hopes

NEW YORK (Reuters) - U.S. stocks rose on Friday, closing out one of their worst months on record, on hopes that a thawing in credit …

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U.S. stocks rise on credit thaw hopes

Airlines seen facing winter survival battle

PARIS (Reuters) - European airlines face a cut-throat battle to survive the winter as recession threatens the recipe many have used to ride out a spike in oil prices — sharing the pain with consumers by slapping on fuel surcharges.

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Airlines seen facing winter survival battle

Chevron profit tops Wall Street

NEW YORK/SAN FRANCISCO (Reuters) - Chevron’s quarterly profit more than doubled, easily beating Wall Street forecasts, as high oil prices and healthy refinery margins boosted its bottom line.

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Chevron profit tops Wall Street

Lloyds TSB takeover of HBOS cleared

LONDON (Reuters) - Business Secretary Peter Mandelson gave the go-ahead to Lloyds TSB’s takeover of rival bank HBOS on Friday despite concerns about the merger’s impact …

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Lloyds TSB takeover of HBOS cleared