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March 10, 2011 Afternoon Update |
TOP NEWSQaddafi Forces Take Back Strategic Town From RebelsBy ANTHONY SHADID and DAVID D. KIRKPATRICKRebels retreated from Ras Lanuf after an assault by forces loyal to the Libyan leader, Col. Muammar el-Qaddafi, underlining a shift in momentum. Yemen's Leader Proposes Shifting Some PowersBy LAURA KASINOFPresident Ali Abdullah Saleh proposed giving more power to parliament Thursday in an attempt to quell growing challenges to his 32-year-old rule. Gulf States Launch $20 Billion Fund for Oman and BahrainBy REUTERSGulf Arab oil producers were due Thursday to discuss an aid fund for Bahrain and Oman, both of which are facing anti-government protests. West Takes Tougher Stance on LibyaBy BRIAN KNOWLTONDespite agreeing to meet with rebel forces fighting Col. Muammar el-Qaddafi, the United States and Europe stopped well short of agreeing to intervene militarily in Libya. U.S. Intelligence Chief Says Qaddafi Has Edge in ConflictBy MARK MAZZETTI and DAVID E. SANGERJames Clapper, the director of national intelligence, told a Senate committee that as things stand, in a protracted civil war in Libya "the regime will prevail." |
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BUSINESSJitters About Oil, Recovery Send Shares LowerBy CHRISTINE HAUSERA series of economic data from three continents reminded traders on Thursday of the fragile nature of the global economic recovery. DealBookGalleon Jurors Hear TapesBy PETER LATTMANProsecutors focus on three conversations that Raj Rajaratnam had with cooperating witnesses who have pleaded guilty to insider trading. Trump Signs Deal to Develop 2 Towers in Georgia, the RepublicBy CHARLES V. BAGLI and ANDREW E. KRAMERThe developer and the Georgian president announced the $300 million project, which will be overseen by Silk Road, one of the largest private investment companies in the south Caucasus region. Renault Affair Goes From Satirical to Farcical to Possible TragedyBy DAVID JOLLYRenault is climbing down from accusations of industrial espionage in its electric car program amid doubts about key evidence. DealBookAngry Birds Creator Raises $42 MillionBy EVELYN M. RUSLIRovio Mobile, the Finnish company behind the mobile game Angry Birds, has raised $42 million from investors, including the venture capital firms Accel Partners and Atomic Ventures. |
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