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U.S. markets news

FOREX-Euro stuck near lows, hurt by ECB easing prospects and Ukraine
(Updates prices, adds detail on Latin American currencies). * Speculators add to huge bets against euro. * EU threatens Russia with new trade sanctions.
Banks to get some preliminary ECB results  Business Recorder
Euro weighed down by soft economic data, Ukraine
Sky News Australia   Related articles »  
Austerity debate flares as Europe recovery fades
FRANKFURT, Germany (AP) - Europe's recovery is in danger. Governments are under pressure to save it, but struggling with political obstacles and disagreement among themselves over what to do.
Bonds Rise in Italy as Data Pushes Case for Stimulus by ECB  DC Progressive
Periphery bond yields dip as weak PMIs back case for ECB easing  Reuters
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Alibaba's IPO Date September 8 on NYSE
In what could be termed as the world's largest initial public offering (IPO) in years, Chinese e-commerce giant Alibaba Group is expected to launch its US IPO in the first week of September.
Alibaba IPO planned for week of September 8, report says  CNET
Alibaba IPO Pushed Back Another Week To Last Week Of Sept  Bidness ETC
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Massive biotech office park planned for south Kansas City to seek tax breaks
KANSAS CITY, Mo. - Backers of a proposed biotech office park in south Kansas City are preparing to seek tax breaks for the 350-acre project.
Backers of biotech office park seek KC tax breaks  KMBC Kansas City
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Andrea Guerra leaves Luxottica with �45m package
Andrea Guerra will step down as chief executive of eyewear group Luxottica with a �45m exit package after Leonardo del Vecchio, the 79-year-old founder, returned to the frontline of the group he created half a century ago.
Luxottica explored Essilor deal but conditions were not right  Reuters
Luxottica CEO Guerra Departs After Differences With Founder  Bloomberg
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Study finds must Americans working more than 40 hours each week
Does your work week feel longer than 40 hours? It probably is. It turns out most American adults work an average of 47 hours each week, almost a full day more than the "standard" five-day, 9-to-5 schedule.
50% of Americans Say They Work More than 40 Hours Per Week  Utah Policy
Survey: The 40 Hour Workweek is Actually Longer  My Champlain Valley FOX44 & ABC22
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If You Sign a Mortgage in Russia, This Bank Will Lend You a Cat
Russia is currently facing a mortgage market boom, and banks in the region are doing whatever they can to capitalize on the increased interest (pun not intended) in home ownership.
Russian bank offers cats with mortgages  WDSU New Orleans
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Goldman Sachs lent Banco Espirito Santo $835ma month before bail-out
Goldman Sachs lent over �500m to Banco Espirito Santo just a month before the Portuguese government was forced to bail out the crisis-hit bank, it has emerged.
Goldman Sachs Loaned Banco Espirito Santo Funds in July  Bloomberg
Goldman lent $835m to Banco Esp�rito Santo before bailout  Financial Times
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China's Factories Slowing, Surveys Show
SYDNEY, Australia - Growth in China's vast factory sector slackened in August as foreign and domestic demand slowed, surveys showed Monday, stoking speculation that further stimulus measures would be needed to prevent the economy from stumbling.
Lagging capital goods sector slows factory output growth in August  Hindu Business Line
UK manufacturing activity at 14-month low  Financial Times
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Russia Asks China to Join Rosneft's Second-Largest Oil Project
Russian President Vladimir Putin indicated OAO Rosneft (ROSN) offered a stake in the country's second-biggest oil project to China, welcoming the participation.
Rosneft proposes Chinese company take stake in Russian oilfield  Financial Times
Russia Begins Construction of Pipeline to China  The Moscow Times
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