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Archive for April, 2009

Chrysler files for bankruptcy; inks Fiat deal (Reuters)

A Chrysler logo is seen atop a New York City car dealership April 27, 2009. REUTERS/Mike SegarReuters - Chrysler LLC filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat, after being pummeled by sliding auto sales and unable to reach agreement on restructuring its debt.

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Dow, S&P dip on Chrysler bankruptcy, MetLife off late (Reuters)

Traders work on the floor of the New York Stock Exchange, April 28, 2009. REUTERS/Brendan McDermidReuters - The Dow and S&P 500 fell on Thursday after Chrysler’s bankruptcy filing undercut optimism about upbeat corporate profits and reassuring job market data.

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UBS asks U.S. court to drop tax evasion case (Reuters)

Reuters - UBS AG asked a U.S. court on Thursday to reject demands by U.S. tax authorities for confidential information about its American clients, saying disclosure would violate Switzerland’s bank secrecy laws.

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U.S. House acts to protect credit card users (Reuters)

Reuters - The U.S. House of Representatives overwhelmingly voted on Thursday in favor of legislation to protect credit card users from hidden fees, sudden interest rate hikes and questionable billing practices.

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EU warns against swine flu panic

The EU’s health chief urges Europeans not to panic over swine flu, as ministers discuss ways to contain the virus.

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UK ends combat operations in Iraq

A ceremony is held in Basra to mark the official end of the British military mission in Iraq after six years.

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Car attack on Dutch royal parade

Four people die as a car crashes into crowds watching Dutch Queen Beatrix pass by in an open-topped bus.

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Israel warns European critics

Israel tells European envoys the EU must stop criticising the new government or risk being excluded from peace talks.

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Italy frees Achille Lauro hijacker

Italy frees the leader of a Palestinian group which hijacked the Achille Lauro cruise liner in the Mediterranean Sea in 1985, after nearly 24 years in jail.

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Baku gun attack ‘leaves 12 dead’

A gunman shoots dead 12 people at a training institute in the Azeri capital Baku before turning the gun on himself, officials say.

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