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Thursday, March 11, 2010
 
 
 
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Business


Volkswagen bullish for 2010
Thursday, 11 March 2010
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
Thursday, 11 March 2010
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
Thursday, 11 March 2010
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
Thursday, 11 March 2010
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
Thursday, 11 March 2010
Greeks strike over austerity measures, BP buys big in Brazil, VW plans funding for acquisitions, Lufthansa eyes improving profits.
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