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at 4:36 on November 21, 2008, EDT.

Asia, Europe stocks rebound after Wall Street rout

BANGKOK, Thailand - Most Asian and European markets rebounded Friday after sharp declines in recent days as investors scooped up battered financial and technology shares.

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at 17:15 on November 21, 2008, EDT.

Stock markets ahead five per cent after reports peg new U.S. Treasury secretary

TORONTO - Stock markets in Canada and the United States found their way towards triple-digit gains after enduring a session that spent most of the day searching for direction.

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at 8:41 on November 21, 2008, EDT.

Headline inflation rate eases to 2.6 per cent as gasoline prices recede

OTTAWA - Sharply falling energy prices took the steam out of inflation last month, cutting the overall rise in Canadians' cost of living to 2.6 per cent, down from 3.4 per cent in September.

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at 6:54 on November 21, 2008, EDT.

Survey shows euro-zone economy shrinking in November

LONDON - The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered pace in November amid mounting recession fears and the deepening financial crisis, a closely watched survey showed Friday.

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at 16:50 on November 21, 2008, EDT.

Gas prices in United States dip below US$2, lowest in three-plus years

HOUSTON - Only four months after peaking at an unheard of US$4.11 a gallon, the national average price for gasoline in the United States tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now could not be more stark.

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at 10:13 on November 21, 2008, EDT.

Delta Air Lines to trim future U.S., international capacity

ATLANTA - Nine days after announcing new overseas routes for 2009, Delta Air Lines Inc., the world's biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international capacity because demand for seats has slowed amid the global financial crisis.

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at 8:45 on November 21, 2008, EDT.

First Calgary Petroleums finalizes sale to Italian firm Eni S.P.A.

CALGARY - First Calgary Petroleums (TSX:FCP) announced Friday that it has finalized the terms of its sale to Italian energy producer Eni S.P.A.

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at 17:49 on November 21, 2008, EDT.

Metals miners HudBay and Lundin announce $814-million merger plan

TORONTO - Zinc miner HudBay Minerals Inc. (TSX:HBM) is buying Lundin Mining Corp. (TSX:LUN) in a friendly deal that creates one of Canada's biggest publicly traded base-metals companies.

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at 10:20 on November 21, 2008, EDT.

Sears Canada Q3 profit $68.9M as same-store sales rise 0.9 per cent

TORONTO - Sears Canada Inc. (TSX:SCC) has reported third-quarter earnings of $68.9 million as same-store sales increased 0.9 per cent from the comparable period a year ago despite a tough retail environment.

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at 11:25 on November 21, 2008, EDT.

Giant retailer Wal-Mart names Mike Duke to succeed Lee Scott as CEO

NEW YORK - Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February and be replaced by the head of its international division.

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