LONDON (Reuters) – Barclays has entered exclusive talks with CVC Partners over the sale of its iShares unit in a deal worth an estimated 3 billion pounds ($4.29 billion), a source familiar with the situation said.

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Barclays in talks with CVC over iShares: source

Asian markets were mixed Tuesday amid low expectations for the summit of G-20 leaders and gloomy forecasts the region would continue to struggle as the global economy flounders. European markets rose in early trade. Economic fears weighed on investors as the…

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Asia stocks mixed amid gloomy growth forecasts

LONDON (Reuters) – World Bank President Robert Zoellick announced a $50 billion global trade liquidity program on Tuesday and urged G20 leaders to support the effort to reverse a sharp drop in trade due to the global economic crisis.

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World Bank to create $50 billion trade fund: Zoellick

Aviation groups in Europe announced a plan Tuesday to change the way commercial planes land in order to reduce their global-warming emissions of carbon dioxide. By 2013 some 100 European airports will allow planes to descend all the way from cruising altitude…

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New plan to reduce planes’ C02 emissions

The French Justice Ministry will open a judicial inquiry into three companies accused of money laundering via Liechtenstein, one of Europe’s well-known tax havens, the budget minister said Tuesday. The three companies were part of a group of 64 French ones…

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French official says 3 firms suspected of fraud

* U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.8 percent, Dow Jones futures 0.8 percent higher, and Nasdaq 100 up 1.1 percent at 0903 GMT.

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U.S. stock futures point to higher open

BANGALORE (Reuters) – U.S. aircraft maker Boeing Co will deliver 100 planes worth $17 billion over the next four to five years in India, the president of its Indian operations said on Tuesday.

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Boeing to deliver $17 billion of planes to India in 5 years

Prosecutors and lawyers for Plaxico Burress (PLEK’-sih-koh BUR’-ihs) are haggling over a plea deal for the New York Giants’ star receiver in his gun possession case. Burress accidentally shot himself in the leg with an unlicensed gun at a nightclub last year….

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Plea deal talks delay Plaxico Burress gun hearing

WASHINGTON (Reuters) – The United States is heading for only a tepid recovery next year, and the central bank may need to buy even more assets to combat the growing threat of deflation, the OECD said on Tuesday.

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Tepid U.S. recovery in 2010: OECD

The deepening recession means growth in the developing world will slow to 2 percent this year, according to the World Bank, which predicts that economic activity will remain depressed for the next two years. Back in November, the World Bank estimated that the…

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World Bank: Growth in developing world slowing

John Schaible of Lebanon TODAY’S APPLICANT John Schaible has more than 20 years of diverse experience in accounting, finance, and operations. He also served in the Navy Reserve for 23 years and retired as Commander in December 2008. He…

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A maritime watchdog Tuesday urged an international naval coalition patrolling the waters off northern Somalia to extend its watch to the country’s eastern and southern coast. The call by the International Maritime Bureau came amid a spike in attacks in the…

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Maritime group seeks increased patrols in Somalia

BRUSSELS (Reuters) – Fortis NV outlined its future as a viable insurance group on Tuesday after plunging to a 28 billion euro ($37 billion) loss in 2008 due to writedowns on the carve-out of its banking activities.

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Fortis outlines insurance future after $37 billion loss

LONDON (Reuters) – World stocks looked set on Tuesday to achieve their best monthly performance in more than six years in March, while commodity prices also rose and the Japanese yen fell.

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Global stocks set for best month in over 6 years

President Barack Obama’s extraordinary auto industry intervention is assertive and coldly pragmatic, with a dose of caution and a sentimental nod to the automobile’s place in the American psyche. Obama’s curt rejection of General Motors’ and Chrysler’s…

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Obama expands government’s role in auto industry