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Volkswagen bullish for 2010
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Thursday, 11 March 2010 |
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Despite confirming anticipated company losses for last year, Volkswagen says it will keep up the pace as it plans to chase Toyota's tail.
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Carlos Slim Tops Forbes Billionaire List
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Thursday, 11 March 2010 |
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Carlos Slim Helu has toppled Bill Gates from the head of the Forbes annual billionaire rankings. Slim, whose fortune is based in the Mexican telecom industry, is worth $53.5 billion, an increase of $18.5 billion over last years rankings.
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BP Enters Brazil Market with Devon Acquisition
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Thursday, 11 March 2010 |
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BP (BP) said it is acquiring a bundle of assets from Devon Energy (DVN), which will marks its entry into Brazil. BP said it will pay $7 billion for stakes in 10 exploration blocks in Brazil, 240 leases in the Gulf of Mexico, and a 5.63 percent stake in Azerbaijan assets, of which it already holds 39.77 percent.
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Asian Markets Mostly Positive
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Thursday, 11 March 2010 |
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03/11/10 The major Asian/Pacific markets were mostly on the upside this session following significant gains in commodity-related stocks.
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Business Update: Greece on strike
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Thursday, 11 March 2010 |
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Greeks strike over austerity measures, BP buys big in Brazil, VW plans funding for acquisitions, Lufthansa eyes improving profits.
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