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November 10, 2011 Afternoon Update |
TOP NEWSA Shaken Italy Is Poised to Name a New GovernmentBy RACHEL DONADIOPrime Minister Silvio Berlusconi is expected to step down by Monday and be replaced with a cabinet of technocrats likely led by Mario Monti, a former European commissioner. Greece Selects Prime Minister After Days of WranglingBy SUZANNE DALEY and NIKI KITSANTONISLucas Papademos, a respected economist, was chosen on Thursday to head a unity government that has pledged to quickly approve the tough terms of a European aid package. James Murdoch Denies Misleading Parliamentary PanelBy ALAN COWELL and SARAH LYALLJames Murdoch returned to a parliamentary inquiry into the phone-hacking affair convulsing News Corporation and denied misleading the panel at an earlier appearance in July. DealBookIn MF Global's Wake, Regulators to Audit All Futures FirmsBy BEN PROTESSThe move comes after roughly $600 million in client money went missing from MF Global, the bankrupt brokerage firm once run by Jon S. Corzine. The CaucusWanted: a New 'Body Man' for ObamaBy JODI KANTORReggie Love, President Obama's personal aide, is leaving the White House to attend the Wharton School of Business. |
MultimediaOpinion |
BUSINESSItaly Bond Market as Euro ProxyBy LANDON THOMAS Jr.The scope of the Italian bond market allows investors to place bearish bets on the euro zone itself. Stocks Stabilize After Global Sell-OffBy CHRISTINE HAUSER and DAVID JOLLYWall Street and European markets traded higher after Italy managed a successful sale of debt.
Forecast for Growth in Euro Zone Is LoweredBy STEPHEN CASTLEThe European Commission's forecast showed growth of only 1.5 percent this year for the 17 nations using the euro, before slumping to 0.5 percent next year. China's Imports Rise Sharply, While Export Growth SlowsBy SHARON LaFRANIEREDomestic demand could offset the impact of weakening demand for Chinese goods in Europe and elsewhere. Russia Clears Last Hurdle for W.T.O. MembershipBy DAVID JOLLYRussia cleared the last major obstacle in its 18-year effort to join the World Trade Organization by overcaming a thorny dispute with Georgia tied to commerce. |
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