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    Last update: December 22, 2009

    +Goldman close to completing N. Rock financing: paper
      LONDON (Reuters) - Goldman Sachs is close to completing a 15 billion pound ($29.5 billion) financing package to be used by suitors for UK lender Northern Rock , the Sunday Times reported, adding details may be unveiled this week.

    +Fed policy views split due to uncertainty: Kohn
      NEW ORLEANS (Reuters) - Federal Reserve's vice chairman acknowledged on Saturday that the central bank's message had been clouded by a difference of opinions being voiced by policy-makers, but warned markets to learn to live with it.

    +U.S. video game industry growth seen slowing
      LAS VEGAS (Reuters) - U.S. video game industry sales growth is expected to slow in 2008 as accelerated demand for software is tempered by a decline in hardware revenue, the Consumer Electronics Association said on Saturday.

    +Sony says North American PS3 holiday sales hit 1.2 million
      LAS VEGAS (Reuters) - Sony Corp sold 1.2 million PlayStation 3 video game consoles in North America over the holiday season, the company said on Sunday.

    +No-nonsense BHP boss has Rio in his sights
      MELBOURNE (Reuters) - If BHP Billiton's new chief executive Marius Kloppers walks away from his bold proposal to buy rival mining titan Rio Tinto, and that's a big if, it won't be for lack of trying.

    +Market determines oil prices: Saudi Arabia
      RIYADH (Reuters) - Saudi Oil Minister Ali al-Naimi said on Sunday that the rise in oil prices to a record high had been determined by market forces.

    +Gulf Arab stocks still appealing after rally: Nomura
      DUBAI (Reuters) - Gulf Arab stock markets will continue to attract foreign investors seeking to tap a regional economic boom even after a rally in the fourth quarter left "few bargains" on regional bourses, Nomura said on Sunday.

    +Wall Street skids as jobs data stirs recession fear
      NEW YORK (Reuters) - U.S. stocks tumbled on Friday, with the Nasdaq logging its sharpest decline in nearly a year, after data showing rising unemployment stoked expectations of a recession.

    +Job growth skids to near halt
      WASHINGTON (Reuters) - U.S. jobs growth skidded to a near-halt in December and the unemployment rate hit a two-year high, according to a government report on Friday that raised recession fears and chances of more interest-rate cuts.

    +Japan's new rich party like it's 1989
      TOKYO (Reuters) - They customize the headrests of their Rolls-Royces with "Harry Potter writing," sip martinis poured over diamonds and buy $130,000 watches on a whim.

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