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Rhapsody to Challenge ITunes By Embracing the IPod

NEW YORK (Reuters) - Digital music seller Rhapsody is launching a $50 million marketing assault on Apple's iTunes, offering songs online and via partners including Yahoo Inc and Verizon Wireless,

July 1st, 2008

Fortis Gets $630 Mln Capital From Russian Billionaire: Report

(Reuters) - Belgian-Dutch financial services group Fortis <FOR.AS> <FOR.BR> received $630 million in capital from Russian billionaire Suleiman Kerimov as part of its recent share issue, the Wall Street Journal

July 1st, 2008

Mittal Mulling Entering Rio Takeover Battle: Report

LONDON (Reuters) - Lakshmi Mittal is looking at entering the takeover battle for the Rio Tinto <RIO.L> <RIO.AX> mining group, the Financial Times reported on Monday, quoting people familiar with

July 1st, 2008

China to Up Jet Fuel Prices 15 Pct For Local Airlines

BEIJING (Reuters) - China's National Aviation Fuel Holding (CNAF), the country's near-monopoly jet fuel distributor, is set to charge domestic airlines about 15 percent more from July 1, an industry

July 1st, 2008

Clear Channel Radio CEO Signs on For 5 More Years

NEW YORK (Reuters) - Clear Channel Radio Chief Executive John Hogan signed on Sunday a five-year contract to remain in his role with the company as its parent, Clear Channel

July 1st, 2008

Lakshmi Mittal Joins Goldman Sachs Board

NEW YORK (Reuters) - Steel tycoon Lakshmi Mittal has joined the board of directors of Goldman Sachs Group Inc <GS.N>, the world's largest securities firm said on Sunday.

July 1st, 2008

Peruvian Miners Ready For Nationwide Strike

LIMA (Reuters) - Miners in Peru, the world's leading silver producer and second-largest copper and zinc miner, were readying a strike for midnight on Sunday that will see walkouts at

July 1st, 2008

Election Could Delay Fed Rate Rise Until December

WASHINGTON (Reuters) - The Federal Reserve may be hesitant to raise interest rates ahead of the U.S. election in November, although there is no hard evidence to support the widely

July 1st, 2008

Oil Market Oversupplied But Not Wise to Cut: Qatar

MADRID (Reuters) - Oil markets are oversupplied but it would not be wise for any OPEC exporter to tighten the taps given the risk of exacerbating prices, Qatari Oil Minister

July 1st, 2008

BNP Head Sees Worst of Global Crisis Over-report

MILAN (Reuters) - The worst of the financial crisis is over and markets should start settling from the second half of this year, the head of France's biggest listed bank,

July 1st, 2008

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