Business Stories from March 22, 2013 (Change date)
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Oil prices slip as Cyprus uncertainty continuesMar 22, 2013 6:51 am - The price of oil fell slightly Thursday, to near $93 a barrel, as traders awaited a solution to a financial crisis in Cyprus that has raised fears of a destabilizing exi...
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German business optimism dips unexpectedlyMar 22, 2013 6:50 am - FRANKFURT, Germany — An important German index of business optimism fell unexpectedly in March but the institute that conducts the survey said the economy remained on co...
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London mayor wins case over anti-gay bus ad banMar 22, 2013 6:49 am - LONDON — Britain’s High Court says the mayor of London acted lawfully when he banned bus ads from a Christian group suggesting that homosexuality can be cured. A Christi...
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BP to buy back $8 billion of shares after completing TNK-BP saleMar 22, 2013 6:48 am - BP Plc will buy back $8 billion of shares from investors after completing the sale of 50 percent of Russian oil producer TNK-BP. The buyback will return the original sum...
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Dell buyout intrigue heightens as deadline loomsMar 22, 2013 6:47 am - SAN FRANCISCO — Michael Dell is about to find out if other bidders think his company is worth more than he does. The answer could come Friday, which marks the end of a 4...
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Tiffany 4Q net income rises less than 1 pctMar 22, 2013 6:46 am - NEW YORK — Tiffany says its fourth-quarter net income edged up less than 1 percent, but managed to beat Wall Street predictions. The New York-based jewelry company also ...
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Nike 3rd quarter net income jumpsMar 22, 2013 6:46 am - BEAVERTON, Ore. — Nike Inc. said Thursday its third-quarter net income rose 55 percent as the athletic gear maker’s resurgence in North America and easing material costs...
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Markets drop amid Cyprus uncertaintyMar 22, 2013 6:45 am - LONDON — Markets fell sharply Thursday as investors fretted over whether Cyprus will be able to agree on a package of emergency measures to avoid bankruptcy. The country...
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Crisis in Cyprus threatens EU role and legitimacyMar 22, 2013 6:44 am - BERLIN — By rejecting an EU bailout and turning to Russia for help, Cyprus has exposed the growing frustration and dwindling solidarity within the European Union, a bloc...
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Google's Schmidt urges Myanmar to embrace free speechMar 22, 2013 6:00 am - YANGON, Myanmar — Google executive chairman Eric Schmidt is urging Myanmar to allow free speech and private sector development of the country's woeful telecommunications...