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Archive for July 30th, 2010

Wall Street marks best month in a year in July (Reuters)

A trader works on the floor of the New York Stock Exchange July 28, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.

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Jobs data, earnings latest test for stocks (Reuters)

Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.

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Deadly forest fires ravage Russia

Forest fires kill at least 23 people in central Russia, while a forecast of heavy rain brings relief to Moscow.

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Sarkozy threat on police attacks

President Nicolas Sarkozy says he would like to strip French nationality from anyone of foreign origin who threatened the life of a police officer.

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Greece mobilises military amid strike

Greece will use military vehicles to restore fuel supplies cut by a lorry drivers’ strike, the government says.

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Mammals decline in Chernobyl zone

The largest wildlife census of its kind conducted in Chernobyl reveals evidence of mammals declining in the exclusion zone.

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Further Chile quakes ‘possible’

Land in the north of Chile is “ready” for another major earthquake, say researchers, adding that authorities did not act on previous warnings.

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BP boss scaling back oil effort

The incoming BP chief executive has said it is time to scale back some parts of the oil spill clean-up in the Gulf of Mexico.

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Wall Street edges lower as investors mull slow recovery (Reuters)

A trader works on the floor of the New York Stock Exchange July 28, 2010. REUTERS/Brendan McDermidReuters - Stocks fell on Friday, rebounding for a second day in a row from more substantial losses, as concerns about slower economic growth held trading to a tight range.

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Cuomo widens insurer probe with 6 more subpoenas (Reuters)

New York Attorney General Andrew Cuomo attends a news conference in New York in this June 30, 2010 file photo. REUTERS/Mike SegarReuters - New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies have defrauded families of deceased members of the military.

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