Stock fever abates as Saudi market falls

By DONNA ABU-NASR, Associated Press WriterSun Nov 12, 3:22 PM ET RIYADH, Saudi Arabia - Caught in the fever of Saudi Arabia's booming stock market, Rashed al-Subaie sold his two cars and some land, hoping to double his $46,000 capital — a reas..

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Hertz IPO is latest private-equity flotation

By Yung KimSun Nov 12, 12:13 PM ET NEW YORK (Reuters) - Less than a year after private equity funds bought Hertz Global Holdings Inc. (NYSE:HTZ - news), the world's largest car rental company is on track for one of the largest U.S. stock flotations..

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EU to debate closer ties with Russia

By ROBERT WIELAARD, Associated Press WriterSun Nov 12, 7:01 AM ET BRUSSELS, Belgium - European Union foreign ministers will consider proposals on Monday for building closer ties with Russia, but they face a possible veto from Poland unless Moscow e..

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EU accession for Bulgaria, Romania fuels Greek bank expansion in Balkans

by Didier KunzSat Nov 11, 10:31 PM ET ATHENS (AFP) - Taking advantage of their geographical proximity and knowledge of the region, Greek banks have found a fertile backyard for expansion in the Balkans over the past decade, a trend likely to intens..

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Vietnamese in U.S. eye home investments

By DAISY NGUYEN, Associated Press WriterWESTMINSTER, Calif. - It was not so long ago that people who advocated trade with Vietnam faced reprisals and denunciation by staunch anti-communists in this enclave that's home to the nation's largest Vietna..

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Watch what you hold as well as what you buy

By Linda SternSat Nov 11, 10:57 AM ET WASHINGTON (Reuters) - Most investors choose their stocks and mutual funds carefully -- and then forget about them. ADVERTISEMENT if (window.yzq_a == null) document.write("");if (window.yzq_a) { yzq_a('p', 'P=4..

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Rethinking charitable giving

By Linda SternSat Nov 11, 10:55 AM ET WASHINGTON (Reuters) - It's time to update the way you give to charity. ADVERTISEMENT if (window.yzq_a == null) document.write("");if (window.yzq_a) { yzq_a('p', 'P=0_39BULaS.Y.wz7E3F.THwuLSDRIwkVWenIAAlQW&T=1d..

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High-End Cell Phones A Tough Sell

Reinhardt KrauseFri Nov 10, 7:00 PM ET New 3G wireless technology has yet to find a home in emerging markets, where cell phone use has surged. ADVERTISEMENT if (window.yzq_a == null) document.write("");if (window.yzq_a) { yzq_a('p', 'P=kNIdKELaS.Y...

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What Ray Knew

By Eric HallInformationWeekFri Nov 10, 10:33 AM ET But Novell was not prepared for the market's transition to networking as a commodity service, especially one with a greater emphasis on cost than value. Simply put, general-purpose operating system..

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Health groups file to appeal U.S. tobacco case

By Peter KaplanFri Nov 10, 2:50 PM ET WASHINGTON (Reuters) - Anti-smoking and health groups said on Friday they had notified a federal judge that they would appeal a ruling that allowed cigarette makers to avoid major financial penalties in the gov..

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ALL BUSINESS: Greenspan not omniscient

By RACHEL BECK, AP Business WriterFri Nov 10, 12:57 PM ET NEW YORK - Financial markets have to quit hanging on Alan Greenspan's every word. That's because the former Federal Reserve chairman's economic forecasting skills aren't always right. ADVERT..

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Intel to build its largest chip assembly and test plant in Vietnam

Fri Nov 10, 12:10 PM ET HO CHI MINH CITY (AFP) - US semiconductor giant Intel said it would invest a billion dollars in Vietnam and employ 4,000 people in what will be its largest assembly and test facility in the world. ADVERTISEMENT if (window.yzq..

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Plan Before It's Too Late!

By Roy LewisFri Nov 10, 12:06 PM ET If you're like me, you're stunned to find that the Thanksgiving holiday is right around the corner. Christmas songs will soon be in the air, and before you know it, we'll be celebrating another new year. The time..

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Gates expected to leave Fidelity Investments post

Fri Nov 10, 11:15 AM ET BOSTON (Reuters) - Robert Gates, President Bush's nominee for defense secretary, is expected to step down as lead independent director of the Fidelity Investments board that oversees hundreds of mutual funds, Fidelity said on..

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Stocks seen flat, China offsets oil drop, Boeing

By Ellis MnyanduFri Nov 10, 9:13 AM ET NEW YORK (Reuters) - Stock futures pointed to a flat start on Wall Street on Friday as news China was looking to diversify its trillion-dollar currency reserves offset a drop in oil prices and a major contract..

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