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    +Report: J Sainsbury PLC poised to accept takeover bid from Qatari group
      British grocer J. Sainsbury PLC is preparing to accept a revised takeover offer from a Qatari investment fund, a newspaper reported Sunday.

    +'Game Plan'wins, Ben Stiller, Farrellys find box-office heartbreak
      There is something about a reunion of Ben Stiller and the Farrelly brothers that audiences did not want to see.

    +American Airlines attempts to head off big employee pay raises
      American Airlines, profitable again after racking up $8 billion (?5.66 billion) in losses since 2001, faces a three-front battle to limit labor costs that are among the highest in the industry.

    +Chavez says Venezuela considering return to Andean Community trade bloc
      President Hugo Chavez said Sunday that Venezuela is considering rejoining the Andean Community because leftist leaders in Bolivia and Ecuador who have resisted free trade deals with the United States could help to transform the regional economic bloc.

    +At the annual furniture mart, worried manufacturers see the mortgage slump's effects
      Doug Schock shook his head in disbelief while gazing at the empty bank of elevators, typically full as they shuttle thousands of buyers between dozens of showrooms filled with the latest styles in sofas, bedroom sets, and dining room tables and chairs.

    +Japan markets closed Monday for national holiday
      Japanese financial markets were closed Monday for Health and Sports Day, a national holiday. Markets reopen on Tuesday.

    +EU finance ministers discuss worries that slowing US economy will drag down EU
      European Union finance ministers were meeting Monday to assess how the strong euro and financial market turmoil could cut into the region's economic growth surge.

    +US autoworkers union sets Wednesday strike deadline for Chrysler as talks resume
      The United Auto Workers has set a deadline of 11 a.m. Wednesday to reach a contract agreement with Chrysler LLC or workers could strike.

    +Gold opens higher in Hong Kong
      Gold opened at US$741.85 an ounce on Monday in Hong Kong, up US$5.40 an ounce from Friday's close of US$736.45.

    +China shares rise to record close in post-holiday buying spree
      China's benchmark Shanghai Composite Index rose 2.5 percent to a record close Monday as investors indulged in a post-holiday buying spree.

    +China Minsheng Bank to acquire 9.9 pct stake in UCBH for up to US$317 million
      China Minsheng Banking Corp. said Monday it will pay up to US$317 million (?224 million) for a 9.9 percent stake in UCBH Holdings Inc., the Nasdaq-listed parent company of U.S.-based United Commercial Bank.

    +Oil prices slip below US$81 on renewed economic concerns
      Oil prices slipped lower Monday in Asia on renewed concerns an impending economic slowdown could dent demand for crude and petroleum products.

    +Chrysler's new marketing chief welcomes challenge, wants to lure young buyers
      Chrysler's new marketing chief said Friday that the chance to turn around an American icon was an irresistible ?and, some say, nearly impossible ?challenge that lured her away from Toyota.

    +Australian dollar hits 23-year high, nears parity with US dollar
      The Australian dollar hit a 23-year high Monday as stronger-than-expected U.S. jobs data eased fears for the U.S. economy.

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