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LOS ANGELES, Jan 7- Walt Disney Co, which reported record earnings in November, started an internal cost cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters.
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TOKYO, Jan 7- Japan's government will compile a 12 trillion yen extra budget with up to 10 trillion yen set aside for economic stimulus, several sources told Reuters on Monday. The government will sell more than 5 trillion in new bonds to fund the budget, the sources said.
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ANCHORAGE, Alaska, Jan 7- A recovery team has refloated a Shell oil drilling rig that ran aground last week near an Alaska island and stands ready to start towing it on Monday, weather permitting.
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LONDON, Jan 7- World stocks and oil prices eased on Monday as some investors booked profits after last week's strong rally, but signs of a brightening global economic growth outlook limited the falls.
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LONDON, Jan 7- Oil eased to $111 a barrel on Monday as some investors booked profits after last week's gains, although optimism that the world's biggest economies are on a steady recovery path limited the decline. Brent crude fell 27 cents to $111.04 a barrel by 1013 GMT, after rising 0.6 percent last week.
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At 0924 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 percent at 1,165.77, while the UK's FTSE 100 index was down 0.3 percent, Germany's DAX index down 0.4 percent, and France's CAC 40 down 0.4 percent. UniCredit surged 4.2 percent, Societe Generale added 2.5 percent, BNP Paribas gained 2.1 percent, and Barclays rose 3.5 percent.
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LONDON, Jan 7- The dollar fell against the yen on Monday on profit-taking after its swift rise to a 2-1/ 2 year high last week-- a rally driven by expectations of aggressive monetary easing by the Bank of Japan. The dollar was down 0.4 percent at 87.72 yen, off Friday's peak of 88.48 yen on trading platform EBS, which was its strongest since July 2010.
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LONDON, Jan 7- A leading U.S. nuclear weapons laboratory recently discovered its computer systems contained some Chinese-made network switches and replaced at least two components because of national security concerns, a document shows.
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Landlocked, isolated and poverty stricken despite reserves of gold, timber, uranium and gemstone quality diamonds, Central African Republic has been racked by rural rebellions for more than a decade.
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SEOUL, Jan 8- Samsung Electronics, the world leader in mobiles and memory chips, likely earned a quarterly profit of $8.1 billion, as it sold close to 500 handsets every minute and as demand picked up for the flat screens it makes for mobile devices, including those for rival Apple Inc products.
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*Bunds rebound after last week's big sell-off. LONDON, Jan 7- German Bunds edged up on Monday, with a plunge to one-month lows last week prompting investors to buy back the cheapened paper, although further falls were expected after a raft of forecast-beating U.S. data.
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*Yuan edges up 0.01 percent to close at 6.2296/ dlr. SHANGHAI, Jan 7- The yuan was little changed against the dollar on Monday, as the central bank signalled its intention to keep appreciation pressure in check, traders said. The People's Bank of China allows the exchange rate to rise or fall 1 percent from the midpoint it sets each morning.
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LONDON, Jan 7- World equities and oil prices eased on Monday as some investors booked profits after last week's strong gains, but optimism over the global growth outlook limited the falls.
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*Shimao to tap credit market, offshore China property shares up. *HSBC, StanChart up, Basel ruling helps. *China railway counters up after Beijing touts urban transport.
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Landlocked, isolated and poverty stricken despite reserves of gold, timber, uranium and gemstone quality diamonds, Central African Republic has been racked by rural rebellions for more than a decade.
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FRANKFURT, Jan 7- Shares in Daimler rose on Monday, following a Chinese media report that the country's sovereign wealth fund was looking into buying a stake in the German maker of luxury cars and trucks. The shares were up 2.3 percent at 0835 GMT, making them one of the top three gainers in the DAX index of German blue chips.
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KYOTO, Jan 7- Nintendo Co Ltd's year-end sales of its Wii U games console were steady, though not as strong as when its Wii predecessor was first launched, the Japanese game maker's top executive told Reuters on Monday. But sales are not bad, and I feel it's selling steadily, " Nintendo President Satoru Iwata said in an interview.
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ANCHORAGE, Alaska, Jan 6- A recovery team was poised to start towing a grounded Shell oil rig off rocks near an Alaska island, assuming the weather allows, the team said late on Sunday.
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PARIS, Jan 7- European shares were flat early on Monday, taking a breather from their New Year rally, buoyed by gains in banking stocks on the back of a regulatory decision to ease new liquidity rules for the sector.
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HONG KONG, Jan 7- Hong Kong shares held their ground in brisk trading on Monday to end just below a 19- month high set last week, with strength in Chinese property and resources sectors outweighing weakness in defensive counters such as China Mobile.