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Uniper Warns of Total Wipeout Without German Rescue

Investors vote on historic bailout Uniper avoided insolvency by turning to state Uniper CEO have access to 2.5 bln eur of funds FRANKFURTDUESSELDORF, Dec 19 Reuters Germany39;s Uniper called on Monday for shareholders to approve a bailout and nationalisation that will cost the government more than 50 billion euros 53 billion, warning that it will otherwise […]
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Oil Rises on Hopes for Chinas Economy

Reopening of Chinese economy buoys demand expectations Rising interest rates and recession fears weigh U.S. to begin purchases for strategic reserve LONDON, Dec 19 Reuters Oil rose on Monday after falling by more than 2 a barrel in the previous session as optimism over the Chinese economy outweighed concern over a global recession. China, the […]
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USD Slips; Markets Bounce, Japan Policy Shift Talk Lifts JPY

LONDON, Dec 19 Reuters The U.S. dollar slipped on Monday as a pickup in market sentiment drove stocks and riskier currencies higher, while the yen gained on reports that Japan will consider revising a decadeold blueprint for fighting deflation. The dollar index which tracks the greenback against a basket of six major currencies fell 0.2 […]
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