Hyundai union calls for work stoppage next week

By | Juli 4, 2008

SEOUL (Reuters) - Unionized employees of Hyundai Motor Co will walk off the job for four hours next week to push for a pay increase, the auto maker’s union said on Saturday.

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Colombia shows rescue video

By | Juli 4, 2008

BOGOTA/PARIS (Reuters) - Colombia showed a video on Friday of the rescue of Ingrid Betancourt and 14 other hostages where their anger turned to ecstasy as theater-trained military agents duped and overpowered leftist rebels.

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ABBA foursome make rare appearance

By | Juli 4, 2008

STOCKHOLM (Reuters) - All four members of supergroup ABBA appeared together on Friday at the Swedish premiere of the film “Mamma Mia!”, delighting fans with their first public showing for years.

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U.S. champion retains hot dog eating title

By | Juli 4, 2008

NEW YORK (Reuters) - U.S. defending champion Joey Chestnut won the annual Nathan’s Famous Hot Dog Eating Contest on Friday by downing 64 hot dogs in a competition that stretched into a first-ever overtime.

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World stocks fall on financial shares, oil drops

By | Juli 4, 2008

SAO PAULO (Reuters) - World stocks edged lower on Friday, getting no relief from a decline in crude prices as concerns of further banking write-downs weighed on financial shares.

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Poland rejects U.S. missile shield offer

By | Juli 4, 2008

WARSAW (Reuters) - Poland spurned as insufficient on Friday a U.S. offer to boost its air defenses in return for basing anti-missile interceptors on its soil but said it remained open to talks with Washington.

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Merrill nears deal to sell Bloomberg stake: report

By | Juli 4, 2008

NEW YORK (Reuters) - Merrill Lynch & Co may sell its 20
percent stake in financial news and data provider Bloomberg LP
to a blind trust controlled by New York City Mayor Michael
Bloomberg, The New York Post reported on Friday.

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French bank body fines SocGen $6 million over Kerviel

By | Juli 4, 2008

PARIS (Reuters) - France’s Banking Commission on Friday fined Societe Generale 4 million euros ($6.3 million) for serious breaches in internal controls revealed by the French bank’s 4.9 billion euro rogue trading loss.

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Oil falls below $144 as Iran responds to nuclear offer

By | Juli 4, 2008

LONDON (Reuters) - Oil dropped below $144 a barrel on Friday, but was still within sight of record highs reached in the previous session when traders bought into the market ahead of a holiday weekend in the United States.

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EU opens in-depth investigation of Rio-BHP deal

By | Juli 4, 2008

BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday into BHP Billiton’s $170 billion unsolicited bid for rival miner Rio Tinto , with prices of iron ore already soaring.