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Wall Street bonuses and staff levels are expected to rise again in 2013, according to a closely watched report released on Friday by a compensation consultancy Johnson Associates.
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NEW YORK/ LONDON, Dec 20- IntercontinentalExchange is in talks to buy New York Stock Exchange owner NYSE Euronext, in a multi-billion dollar deal designed to push it into the big league of European derivatives and take on arch rival CME Group. As well as the 200- year old New York exchange, the NYSE also owns bourses in Paris, Amsterdam, Brussels and Lisbon.
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*Investors seek clarity on fiscal negotiations. NEW YORK, Dec 20- U.S. stock index futures were flat Thursday amid uncertainty over U.S. fiscal negotiations, as President Barack Obama threatened to veto a controversial Republican plan, suggesting a deal wouldn't come as soon as many investors had hoped.
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CAIRO, Dec 20- Egypt's opposition, facing defeat over a new constitution in a referendum this weekend, urged its supporters to reject the Islamist-backed charter and pledged to fight on to amend it during elections expected next year.
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Dec 20- Private equity firm KKR& Co LP on Thursday kicked off a joint venture with Suez Environment to run the water and wastewater systems of a New Jersey city it hopes will become a model for cash-strapped local authorities in the United States.
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ZURICH/ NEW YORK Dec 19- U.S. prosecutors charged two former UBS traders with taking part in a multi-year scheme to manipulate Libor and other benchmark interest rates, making them the first individuals to be criminally accused in the international scandal.
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WASHINGTON, Dec 20- As a year-end deadline looms, Republicans in the U.S. House of Representatives pushed ahead on Thursday with their own "fiscal cliff" plan that muddles negotiations with the White House to avoid steep tax increases and spending cuts.
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NEW YORK, Dec 20- U.S. "It's all about the fiscal cliff resolution and it doesn't look like we are getting one, so a safe-haven bid is resulting going into year end," said Tom DiGaloma, managing director at Navigate Advisors LLC in Stamford, Connecticut.
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NEW YORK, Dec 20- The euro edged lower against the dollar on Thursday in volatile trading as worries over U.S. budget negotiations outweighed generally positive U.S. economic data that had earlier boosted the market's appetite for risk-taking.
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*Bankers, analysts say " Africa's moment" has come. SANGBULIMA, Sierra Leone, Dec 20- In sight of a crumbling 18th century slave trade fort overgrown with jungle, a conveyor belt pours ochre-red iron ore into the belly of a bulk carrier moored on the muddy Sierra Leone River.
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Peter Madoff, 67, pleaded guilty in June to criminal charges including conspiracy to commit securities fraud and for falsifying books and records of the investment advisory company founded by his brother.
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WASHINGTON, Dec 19- U.S. Senate Republicans sought to slash a $60.4 billion aid bill to cover reconstruction after Superstorm Sandy, proposing on Wednesday to fund only $23.8 billion in immediate disaster relief while assessing longer-term needs.
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WASHINGTON, Dec 19- U.S. Senate Republicans sought to slash a $60.4 billion aid bill to cover reconstruction after Superstorm Sandy, proposing on Wednesday to fund only $23.8 billion in immediate disaster relief while assessing longer-term needs.
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ZURICH/ NEW YORK Dec 19- U.S. prosecutors charged two former UBS traders on Wednesday with taking part in a multi-year scheme to manipulate Libor and other benchmark interest rates, making them the first individuals to be criminally accused in the international scandal.
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Dec 19- Activist investor William Ackman confirmed on Wednesday that he is betting against the stock of Herbalife Ltd in a move that sent shares of the weight management product company reeling and sparked a caustic rebuke from its chief executive officer.
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*White House rejects Republican "Plan B" on budget talks. NEW YORK, Dec 19- The euro touched an 8-1/ 2- month high against the U.S. dollar on Wednesday after stronger-than-expected German business confidence data, only to be undermined by a souring of the budget talks in Washington.
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NEW YORK/ CHICAGO, Dec 19- U.S. markets in the last few weeks have conveyed a strong sense of optimism over Washington's budget battle- perhaps a bit too much.
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*Wall Street turns lower on signs "fiscal cliff" talks stall. fiscal cliff "appeared to stall, braking a surge in the euro as it rose on an improved economic outlook for Germany. Wall Street turned lower as a rise in tensions in Washington threatened to unravel significant progress made over the last week in talks to slow the growth of the country's $16 trillion debt.
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*Gold finds support after Tuesday's almost 2 percent drop. NEW YORK, Dec 19- Gold steadied with little overall change o n W ednesday, after dropping in the previous session to a 3-1/ 2 month low, as U.S. legislators appeared far from reaching deal to avert tax hikes and spending cuts which could threaten to send the economy back to a recession.
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Dec 19- Vanguard Group said customers had invested $130.4 billion in its mutual and exchange-traded funds during the first 11 months of 2012, beating the fund industry's previous annual inflow record.
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NEW YORK, Dec 19- U.S. stocks fell on Wednesday as Washington talks to avert a year-end fiscal crisis turned sour, but the market's modest loss shows that investors still expect a deal. The Dow Jones industrial average was down 99.22 points, or 0.74 percent, at 13,251.74. The Nasdaq Composite Index was down 10.17 points, or 0.33 percent, at 3,044.36.