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Tuesday, October 1, 2013

Business Today: Qatar Holding buys NYSE Euronext out of Qatar Exchange

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10/1/2013
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Qatar Holding buys NYSE Euronext out of Qatar Exchange
DUBAI (Reuters) - Qatar Holding, the investment arm of the country's sovereign wealth fund Qatar Investment Authority (QIA), has bought NYSE Euronext's 12 percent stake in the Qatar Exchange, the Doha-based bourse said in a statement on Tuesday.
U.S. shutdown hits dollar but most investors keep calm
LONDON (Reuters) - The first American government shutdown in 17 years weakened the dollar on Tuesday, sending it to an eight-month low against the euro, but otherwise left equity markets firmer while U.S. Treasury bonds fell.
Futures higher, but investors still wary about shutdown
NEW YORK (Reuters) - U.S. stock index futures were higher on Tuesday, indicating a positive start to the fourth quarter, though concerns remained following a partial shutdown of the U.S. government.
Adidas calls in fitness experts to revive Reebok
FRANKFURT (Reuters) - Reebok is turning to sponsorship deals with prominent fitness groups to try to revive a venerable name that has faded since it became part of Germany's Adidas sportswear group eight years ago.
Buffett's Berkshire set to get nearly $2.15 billion of Goldman stock
(Reuters) - Warren Buffett's Berkshire Hathaway Inc will receive Goldman Sachs Inc stock worth nearly $2.15 billion on Tuesday through warrants acquired as part of a deal originally signed during the depths of the 2008 financial crisis.
U.S. small business borrowing rises in August, slowly
(Reuters) - Borrowing by U.S. small businesses edged up in August, pushing an index of borrowing to a six-year high.
JPMorgan insider helps Justice Department in probe: WSJ
(Reuters) - An insider at JPMorgan Chase & Co has supplied a large amount of information related to the sale of mortgage securities to the U.S. Justice Department, which is using the documents to pursue possible criminal charges against the bank, the Wall Street Journal reported citing people familiar with the matter.
RBS's new CEO takes reins with break-up decision looming
LONDON (Reuters) - Royal Bank of Scotland's new chief executive, Ross McEwan, took up his role on Tuesday with Britain's finance ministry close to deciding whether to make the part-nationalized lender break itself up.
German TV maker Loewe files for insolvency
MUNICH (Reuters) - Troubled German high-end TV maker Loewe AG filed for insolvency on Tuesday and needs to find an investor before the end of the year to avert closure, its chief executive told Reuters.
Nestle signs 10 billion euro syndicated loans
LONDON (Reuters) - Nestle has signed two syndicated loans totalling 10 billion euros ($13.54 billion) which will be used for general corporate purposes, the company said on Tuesday.
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