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  • WASHINGTON, Dec 9- The U.S. government sold its last shares of automaker General Motors Co on Monday, marking an end to a historic bailout of one of America's most storied companies. The money pumped into the industry came from a $700 billion pool of funds Congress had assembled to shore up the banking system and fight a growing panic on Wall Street.

  • NEW YORK, Dec 9- When a pair of U.S. Securities and Exchange Commission examiners visited Bernard Madoff's offices in 2005, the now-imprisoned financier was not too worried- until he sneaked a look into one of their briefcases.

  • GM Holden says no decision on Australian exit Monday, 9 Dec 2013 | 7:47 PM ET

    MELBOURNE, Dec 10- General Motors Co said on Tuesday it has made no decision on whether to stop making cars in Australia after 2016, but added that it would need assistance from the Australian government to survive long term.

  • *Nikkei slips a day after posting best one-day rise in 3 months.

  • SAN FRANCISCO, Dec 9- A Google Inc commuter bus was blocked in San Francisco's Mission district for about a half hour Monday morning, highlighting many residents' growing concern that an influx of affluent technology workers is driving up costs in the city. Google's offices are in Mountain View, about 34 miles away from the incident.

  • WASHINGTON, Dec 9- Leaders of the U.S. Senate and House of Representatives Armed Services committees agreed on a slimmed-down defense authorization bill and want a final vote on the measure before Congress leaves for the year, committee leaders said on Monday.

  • SINGAPORE, Dec 10- U.S. crude futures edged up on Tuesday, holding above $97 a barrel, on expectations of a second weekly drop in crude inventories in the United States. *Iranian Foreign Minister Javad Zarif said the Iranian nuclear deal would be dead if the U.S. Congress imposes new sanctions, even if they do not take effect for six months, Time Magazine said.

  • PRECIOUS-Gold slips on taper worries, Fed in focus Monday, 9 Dec 2013 | 7:35 PM ET

    SINGAPORE, Dec 10- Gold got off to a shaky start on Tuesday after gaining 1 percent in the previous session, as investors turned their attention to a Federal Reserve policy meeting next week that could provide clues on the outlook for the bank's stimulus. *Spot gold had fallen 0.2 percent to $1,237.94 an ounce by 0020 GMT.

  • WELLINGTON, Dec 10- Food co-operative Land O'Lakes Inc will become the second U.S. firm to join the world's dairy trading platform, adding a potentially big exporter of skim milk powder to the internationally traded dairy market.

  • US state tax revenue likely peaked in Q2: Study Monday, 9 Dec 2013 | 7:13 PM ET

    State tax revenues rose 9 percent in the second quarter from a year before, according to the latest State Revenue Report.

  • GLOBAL MARKETS-Stocks edge higher, euro stands tall Monday, 9 Dec 2013 | 6:40 PM ET

    TOKYO, Dec 10- Stocks edged up in early Asian trade on Tuesday, while tighter money market conditions in the euro zone drove the euro close to a five-year peak against the yen and a six-week high against the dollar. The euro bought 141.90 yen, approaching its October 2008 high of 142.00 yen.

  • WASHINGTON, Dec 9- The U.S. municipal bond market shrank at a record pace in the third quarter, and the amount of bonds held by households, the market's biggest investors, fell to the lowest level in nearly seven years, according to Federal Reserve data released on Monday.

  • NEW YORK, Dec 9- The trustee seeking money for Bernard Madoff's victims may be unable to pursue some claims against investment firms that fed client funds into the swindler's Ponzi scheme, a Manhattan federal judge said.

  • WASHINGTON, Dec 9- Israel, Jordan and the Palestinian Authority on Monday signed a water-sharing agreement that includes the building of a desalination plant on the Gulf of Aqaba and a pilot study for a pipeline linking the Red Sea with the Dead Sea, the World Bank said.

  • WASHINGTON, Dec 9- A budget deal aimed at avoiding a U.S. government shutdown on Jan. 15 and relieving federal agencies of some indiscriminate spending cuts that are set to begin with the new year could emerge in Congress on Tuesday, congressional aides said on Monday.

  • Dec 9- An advisory panel of medical experts on Monday voted to recommend that U.S. health regulators approve an experimental drug for ulcerative colitis and Crohn's disease developed by Takeda Pharmaceutical Co..

  • FOREX -Euro advances as USD, yen stay out of favour Monday, 9 Dec 2013 | 6:18 PM ET

    SYDNEY, Dec 10- The euro stayed bid in Asia on Tuesday, having scaled a fresh five-year high on the yen and six-week peak against the dollar as expectations for further stimulus from the European Central Bank continued to fade.

  • SAN FRANCISCO, Dec 9- A Google Inc commuter bus was blocked in San Francisco's Mission district for about a half hour Monday morning, highlighting many residents' growing concern that an influx of affluent technology workers is driving up costs in the city. Google's offices are in Mountain View, about 34 miles away from the incident.

  • NEW YORK, Dec 9- Thomson Reuters Corp is replacing the senior executives overseeing three of its main businesses- legal, growth markets and intellectual property- as part of a wider reorganization aimed at boosting growth and trimming costs.

  • Dec 9- Time Warner Cable's incoming chief executive Rob Marcus said on Monday he is in no hurry to sell the company, while Charter's CEO Tom Rutledge, a potential suitor, said the smaller company sees benefits in growing through acquisitions.

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