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UPDATE 1-Mittal pulls out of oil block jv with India's ONGC

MUMBAI, Nov 18 (Reuters) - India's Oil and Natural Gas Corp (ONGC.BO) said steel magnate Lakshmi Mittal has pulled out of a project to jointly develop an oil block in Kazakhstan, but their partnerships in other blocks were intact.

19 2009 | Viewed: 772 | News / Theme of day | Read full
Kazakhstan plans foreign bond

Kazakhstan is to launch its first international bond in a decade to bolster its public finances and set a benchmark for companies to return to the capital markets.

18 2009 | Viewed: 613 | News / Theme of day | Read full
Bernanke reassures markets on dollar

The Federal Reserve is monitoring currency markets "closely" and will conduct policy in a way that will "help ensure that the dollar is strong", Ben Bernanke said on Monday in rare comments on the US currency.

18 2009 | Viewed: 687 | News / Theme of day | Read full
Obama meets China's Hu; focus on economic strains

BEIJING (Reuters) - U.S. President Barack Obama held much-anticipated talks with his Chinese counterpart Hu Jintao on Tuesday, with trade friction, the yuan currency and diplomatic headaches such as Iran and North Korea high on the agenda.

17 2009 | Viewed: 696 | News / Theme of day | Read full
Special Report

The 67 heads of state, criminals, financiers and philanthropists who really run the world.

13 2009 | Viewed: 733 | News / Theme of day | Read full
Kazakhstan may limit foreign ownership of banks

ASTANA, Nov 10 (Reuters) - Kazakhstan may limit foreign ownership of banks and other companies in the financial sector, central bank chairman Grogiry Marchenko said on Tuesday.

12 2009 | Viewed: 694 | News / Theme of day | Read full
Conoco, Mubadala Kazakh JV sees 1.5-3 bln crude reserves

ABU DHABI, Nov 10 (Reuters) - Abu Dhabi investment vehicle Mubadala and ConocoPhillips' (COP.N) offshore oilfield in Kazakhstan may hold as much as 3 billion barrels of crude in reserves, a company spokesman said on Tuesday.

12 2009 | Viewed: 690 | News / Theme of day | Read full
China hints at stronger renminbi

China's central bank on Wednesdayacknowledged the case for a stronger renminbi, days ahead of the arrival in Beijing of US presidentBarack Obamafor talks expected to highlightmounting international concernover Chinese currency policy.

12 2009 | Viewed: 787 | News / Theme of day | Read full
Kazakhstan c.bank hints at tenge to strengthen

ALMATY. Nov 11 (Reuters) - Kazakhstan central bank's chairman Grigory Marchenko said on Wednesday he believed the fundamentals were right for Kazakhstan's national currency to appreciate.

12 2009 | Viewed: 653 | News / Theme of day | Read full
Brown floats idea for global tax on banks

Finance ministers and central bank governors of the Group of 20 leading nations launched a framework to promote a better balanced global economy on Saturday, but the meeting was overshadowed by a dispute about a global tax on financial transactions and little progress on financing efforts to reduce global warming.

10 2009 | Viewed: 711 | News / Theme of day | Read full
Dow hits 2009 high

NEW YORK (Reuters) - A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire for risk.

10 2009 | Viewed: 625 | News / Theme of day | Read full
Opel puts best face on GM about-face on sale

FRANKFURT/BERLIN (Reuters) - General Motors' Opel unit put the best face on its parent's stunning decision to reverse course and keep its European arm rather than sell it to a group led by Canada's Magna.

8 2009 | Viewed: 639 | News / Theme of day | Read full
Fed sees rates near zero for "extended period"

WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday expressed growing confidence that an economic recovery was building, even as it stuck to its commitment to keep borrowing costs near zero for "an extended period."

6 2009 | Viewed: 697 | News / Theme of day | Read full
Lloyds, RBS agree to massive shake-up

LONDON (Reuters) - Britain's two largest retail lenders are to get another 31 billion pounds from the government and have agreed to sell hundreds of branches and key businesses to appease EU competition concerns over state aid.

4 2009 | Viewed: 628 | News / Theme of day | Read full
Buffett to buy Burlington Northern

NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.

4 2009 | Viewed: 739 | News / Theme of day | Read full
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