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Automakers on uphill road to brand build in China
After driving his BMW 5 series model for just three years, Chinese futures trader Jerry Lin traded in his car for an Audi A6.
IB Times Thursday, September 10, 2009

Home Retail Q2 sales top hopes
Home Retail Group, Britain's biggest household goods retailer, on Thursday posted better-than-expected second-quarter sales at both its Argos and Homebase businesses.
IB Times Thursday, September 10, 2009

Kazakh BTA may recover 500 bln tenge from provisions
Kazakh bank BTA said on Thursday it may recover 500 billion tenge from provisions for bad loans within several years.
IB Times Thursday, September 10, 2009

Hedge fund eyes gold at $1,600
The price of gold could rise as high as $1,600 an ounce as investors opt for assets with lasting value rather than volatile currencies, says one hedge fund manager who has increased his exposure to the precious metal.
IB Times Thursday, September 10, 2009

Unified Government Commission endorses deal for Wizards stadium, Cerner offices
The Unified Government Commission unanimously endorsed an agreement to bring a stadium for the Kansas City Wizards and offices for Cerner Corp. to Wyandotte County.
Biz Journal Thursday, September 10, 2009

ImmunoCellular Therapeutics, Ltd. (IMUC.OB) Enters into Research and License Option Agreement with Roche Group
ImmunoCellular Therapeutics, Ltd., a Los Angeles-based clinical-stage company that is developing immune based therapies for the treatment of brain and other cancers, recently announced that the company has entered into a research and license option agreement regarding its ICT-69 antibody with Roche Group (SWX: ROG.VX; RO.S, OTCQX: RHHBY). As one of the worldâ??s leading research-focused [...]
IB Times Thursday, September 10, 2009

Germany's Merkel says GM to sell Opel to Magna
General Motors has told Germany it wants to sell its European subsidiary Opel to Canadian auto parts group Magna, German Chancellor Angela Merkel said on Thursday.
IB Times Thursday, September 10, 2009

Daiwa to buy out SMFG from venture for $2.2 billion
Daiwa Securities Group said it would pay about $2.2 billion to buy out Sumitomo Mitsui Financial Group from their investment banking joint venture, leaving Daiwa vulnerable amid intensifying competition for deals in Japan.
IB Times Thursday, September 10, 2009

Carrefour says looking at acquisitions in Russia
France's Carrefour launched its second Russian store on Thursday with a pledge to pursue acquisitions in the country, and said the crisis had not changed its long-term vision of the market.
IB Times Thursday, September 10, 2009

OPEC Waits for Econ Recovery to Rebalance Oil Market
OPEC is making the same risky bet as many investors that oil prices can avoid being dragged down by weak demand and excess supplies for a few more months.
rigzone.com Thursday, September 10, 2009

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