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Oil Trades Near Two-Year High as US Inventories Decline, Economy Expands Bloomberg By Grant Smith - Thu Dec 23 11:37:36 GMT 2010 Crude traded little changed within 1 percent of a two-year high as economic growth in the US and colder temperatures in the northern hemisphere whittle down excess fuel stockpiles. ... See all stories on this topic »

Rovi Offers $720M for Roxio and DivX Owner Sonic Solutions PC World By Mikael Ricknäs, IDG News Rovi Corporation has signed an agreement to acquire Sonic Solutions in an all-stock deal worth around US$720 million, the company said on Wednesday. Sonic offers software under the Roxio brand, including products for DVD and ... See all stories on this topic »

Stocks mixed as GDP growth falls below estimates BusinessWeek By DAVID K. RANDALL Stocks were poised for a mixed opening Wednesday after a report showed that the US economy grew slightly faster than first thought during the summer. The Commerce Department said that the country's gross domestic product rose 2.6 ... See all stories on this topic »

Gas prices top $3 a gallon CNNMoney By Charles Riley, staff reporterDecember 23, 2010: 6:25 AM ET NEW YORK (CNNMoney.com) -- Gas prices surpassed the milestone $3 mark Thursday for the first time since Oct. 17, 2008, as the national average compiled by motorist group AAA reached $3.013 a ... See all stories on this topic »

China emerges as potential saviour for crisis-hit Europe Economic Times BEIJING: China, already the banker to the United States and a major investor in emerging markets, is now positioning itself as the potential "white knight" saviour to debt-laden Europe, analysts say. Beijing has vowed to support European countries ... See all stories on this topic »

Lenihan to nationalise AIB with €3.7 billion injection Irish Times The Government has secured a High Court order allowing it to pump a further €3.7 billion of State cash into Allied Irish Banks from the National Pension Reserve Fund in a move that effectively nationalises the bank. The application was made this ... See all stories on this topic » Irish Times

Beijing Imposes Tough Traffic Curbs Wall Street Journal By AARON BACK BEIJING—Beijing's municipal government Thursday unveiled sweeping measures to curtail the number of cars sold in the city next year, in a bid to ease traffic chaos that could prompt similar moves in other Chinese cities and deepen an ... See all stories on this topic »

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