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Thursday, November 10, 2011

U.S. Top News Early Edition: Italy eyes unity cabinet as EU dithers on crisis

Reuters
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11/10/2011
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Italy eyes unity cabinet as EU dithers on crisis
ROME/THE HAGUE (Reuters) - Italy moved closer to a national unity government on Thursday, with outgoing Prime Minister Silvio Berlusconi reversing a call for early elections, as EU policymakers dithered over an accelerating debt crisis. | Full Article
New Italian government seen within days
November 10, 2011 08:42 AM ET
ROME (Reuters) - Former European Commissioner Mario Monti emerged on Thursday as favorite to replace Silvio Berlusconi at the head of an emergency government as Italy's politicians rushed to ward off a crisis that is endangering the entire euro zone. | Full Article
Jobless claims fall, September trade gap narrows
November 10, 2011 09:24 AM ET
WASHINGTON (Reuters) - New U.S. claims for unemployment benefits fell last week to their lowest since early April and the trade deficit unexpectedly shrank in September, pointing to a slight improvement in the economy. | Full Article
Papademos to lead Greek crisis coalition
November 10, 2011 09:04 AM ET
ATHENS (Reuters) - Former European Central Bank vice-president Lucas Papademos will head Greece's new crisis coalition, the president's office said on Thursday, ending suspense over who will try to save the country from default, bankruptcy and an exit from the euro zone. | Full Article
Olympus to stay in Nikkei Average: Nikkei publisher
November 10, 2011 09:15 AM ET
TOKYO (Reuters) - Scandal hit Olympus Corp is to stay in the Nikkei average for the time being, the Nikkei publisher said on Thursday. | Full Article
BUSINESS NEWS
Wall St set to bounce back as Italian yields ease
November 10, 2011 09:13 AM ET
NEW YORK (Reuters) - Stocks were poised for a higher open on Thursday, indicating the S&P 500 will bounce back from its worst day since mid-August as Italian bond yields eased. | Full Article
Italy eyes unity cabinet as EU dithers on crisis
November 10, 2011 09:38 AM ET
ROME/ATHENS (Reuters) - Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran European technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown. | Full Article
Viacom beats Street, expands stock buyback
November 10, 2011 08:46 AM ET
(Reuters) - Viacom Inc's quarterly revenue rose, beating estimates, due mainly to the success of the Paramount film "Transformers: Dark of the Moon". | Full Article
Insight: Firms find it hard to think outside the euro
November 10, 2011 06:28 AM ET
LONDON (Reuters) - German travel group TUI AG is going where the world's biggest financial firms have yet to venture. | Full Article
Flood impact on Honda spreads, Toyota slowly recovers
November 10, 2011 09:18 AM ET
TOKYO (Reuters) - The impact of Thailand's floods on Honda Motor Co extended to a fourth continent even as Toyota Motor Corp showed further signs of recovery from the disaster. | Full Article
HEALTH NEWS
Behavioral therapy for obesity may help family too
New Australia smoking law bans brand labels
New review questions benefit of cutting down on salt
Pfizer to push Prevenar beyond large Chinese cities
Malaria finding points to possible new vaccine
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