German Finance Minister Wolfgang Schaeuble wants to pass a law to limit excessive bonus payments for bankers, a newspaper reported on Saturday. The Frankfurter Allgemeine Zeitung said the draft law it had seen would give

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President Hugo Chavez announced a 25-percent increase in Venezuela's minimum wage Friday to try to blunt the effects of soaring inflation, and defended his handling of an energy crisis and other domestic problems. Chavez challenged

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Italy's banking system is set to have another difficult year in 2010 and there could be some individual downgrades of lenders, Moody's Italy bank specialist Henry MacNevin said in a newspaper interview on Saturday. He

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Here's a recession bargain: the space shuttle. NASA has slashed the price of these 1970s era spaceships from $42 million to $28.8 million apiece. The shuttles are for sale once they quit flying, supposedly this

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Yahoo got pulled into a growing row between China and Google on Saturday, as its Chinese partner slammed Yahoo's statements supporting Google while a source revealed the search giant had stayed silent about cyber-attacks. Yahoo

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Latin American stocks slid for the fourth straight session on Friday while most currencies weakened in the region after J.P. Morgan reported deep losses on mortgage and credit card loans, frustrating investors who expected signs

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Brazilian stocks closed lower on Friday on investor caution prompted by falls in overseas markets, after disappointing results from J.P. Morgan Chase & Co pressured US banking stocks on worries about sector results. The benchmark

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Chile's blue chip IPSA index receded from new life highs on Friday, tracking US bourse losses, while the peso hit 19-month highs as banks sold US dollars to close positions, traders said. The IPSA index

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US corporate bond prices fell on Friday, tracking declines in stocks after J.P. Morgan Chase & Co reported deep fourth-quarter loan losses. Spreads on bank bonds widened the most over comparable Treasuries of any sector,

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US corporate bond prices fell on Friday, tracking declines in stocks after J.P. Morgan Chase & Co reported deep fourth-quarter loan losses. Spreads on bank bonds widened the most over comparable Treasuries of any sector,

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