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News Feed Latest worldwide news Odey cuts stake in Man Group after share price slump LONDON (Reuters) - Odey Asset Management has reduced its stake in Man Group after a slump in the hedge fund company's share price over the past month. Matsui officially retires as a New York Yankee (Reuters) - Japanese slugger Hideki Matsui was afforded an emotional farewell to Major League Baseball on Sunday, ending his glittering career as a New York Yankee after re-signing with his old team for less than two hours. UK start-up investment website plans global expansion LONDON (Reuters) - A British website which allows members of the public to buy stakes in small businesses is planning to expand worldwide, aiming to create a global platform linking investors to... Hoey Takes 5-Stroke Lead at Russian Open Michael Hoey shot a 7-under 65 Saturday to lead the Russian Open by five strokes going into the last round. Concussion Study Makes Case for Reducing Contact Drills for Youth Players Youth players who took part in a limited number of contact drills in practice were no more likely to absorb head hits during games, a study showed. NASA picks Florida agency to take over shuttle landing strip CAPE CANAVERAL, Florida (Reuters) - NASA has selected Space Florida, a state-backed economic development agency, to take over operations, maintenance and development of the space shuttle's idled landing site at the Kennedy Space Center in Florida, officials said on Friday. Feds propose new rules on imported food The Food and Drug Administration on Friday promised a safer U.S. food supply when it implements two new rules regulating food imported to the United States. U.S. court permits generic version of Teva MS drug a year sooner WASHINGTON, July 26 (Reuters) - Teva Pharmaceutical Industries' multiple sclerosis drug Copaxone will lose its patent protection in 2014 rather than 2015 because of a ruling from a U.S. appeals court Friday. Germans urge govt. to offer Snowden asylum July 27 - Hundreds of Germans called on their government to offer political asylum to Edward Snowden, the man accused of revealing critical details about the U.S.'s surveillance program. Deborah Gembara reports. Op-Ed Columnist I Want to Be a Mayor Crucial economic growth is being generated in cities and metropolitan areas across the country. Facebook offers the dummy's guide to mobile advertising SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc's mobile advertising success offers a ray of hope for Internet companies trying to make money within the confines of the smartphone's small screen. Bits Google Debuts an Updated Nexus 7 Tablet The Nexus 7, Googles less expensive rival to the iPad Mini, is lighter and faster than the original and was introduced a day after Apple reported declining iPad sales. Florida's Morrison Arrested and Suspended Florida linebacker Antonio Morrison has been suspended for at least the first two games of the regular season after being arrested for the second time in five weeks. Froome wins Tour de France Britain's Chris Froome wins the 100th Tour de France. CNN's Amanda Davies reports. Activision to spread its wings after Vivendi sale CEO SAN FRANCISCO (Reuters) - Activision Blizzard Inc's CEO, who is shelling out $50 million of his own money in an $8.2 billion deal to buy back most of Vivendi's stake, said the world's largest video... Mortgage rates fall for first time since May MBA NEW YORK (Reuters) - Interest rates for U.S. home mortgages dropped last week for the first time in two-and-a-half months in the wake of soothing comments from Federal Reserve Chairman Ben Bernanke,... Wild Swings in Markets Fuel Anxiety of Japanese After many years of doldrums, the economy in Japan appears to be re-energized and novices are testing the market waters. But volatility may stifle their enthusiasm. Hollywood movies get a makeover What if The Matrix, and other classic Hollywood movies has been made in Africa? This is what they'd look like. Sea this Inside $200m yacht hotel With land at a premium, an increasing number of developers are turning to floating hotels. Introducing Gibraltar's new $200m five-star yacht hotel. Royal baby's name announced Prince William and his wife, Catherine, introduced their baby to more royal visitors Wednesday after giving the world its first glimpse of the future king as they left the hospital. Why is this guy a top thinker? In the past, author and NYU professor, Clay Shirky's predictions haven't always come true, but it appears he was on the money in 2011. Foreign Policy Magazine named Shirky one of their "Top 100 Global Thinkers," for his musings on social media's impact on revolutions, which we saw come to full fruition in the Arab Spring. GLOBAL MARKETS-Dollar hits five-week low on Fed caution, Wall St recovers * Wall Street ends slightly higher after early profit-taking * Gold also recovers late in the day * Oil slips on worries over demand in China By Leah Schnurr NEW YORK, July 26 (Reuters) - The dollar... US stocks snap 4-week win streak July 26 - The Dow bounced back from a 150 point deficit to close higher. Expedia nose-dived 27 percent on a weak profit report. Fred Katayama reports. Altana agrees to buy Rockwood Holdings' global rheology business July 28 (Reuters) - German specialty chemicals group Altana said on Sunday it had agreed to buy the global rheology business of U.S. chemicals maker Rockwood Holdings Inc. for $635 million to expand its additives portfolio. Two explosions rock Benghazi July 28 - Explosions rocked the eastern Libyan city of Benghazi on Sunday in what appeared to be attacks on judicial buildings, said a security official. Rough Cut (no reporter narration) Louisiana agency sues big oil firms for hurting wetlands NEW ORLEANS (Reuters) - A Louisiana agency sued 97 oil companies - including BP Plc, Exxon Mobil Corp, Chevron Corp and Royal Dutch Shell Plc - in state court on Wednesday for allegedly damaging hundreds of miles of sensitive wetlands by cutting through them with pipelines and transportation canals. The Politics of Black Masculinity The Op-Ed columnist Charles M. Blow on the difficulty of explaining the Zimmerman verdict to his sons. Theater Review | Connecticut A Review of Loot, at the Westport Country Playhouse Almost half a century after his death, Joe Orton, who would be 80 now, has the power to shock even worldly 21st-century theatergoers. His Loot is at the Westport County Playhouse. On Soccer Dealing With Cancer Amid Elite Soccers Pressure Cooker Tito Vilanova stepped down as Barcelonas coach after a reoccurrence of throat cancer. In the meantime, his predecessor, Pep Guardiola, has grown distant from him. Chinese land available for development at record in H1 BEIJING, July 28 (Reuters) - Chinese authorities made a record amount of land available for property development in the first half of this year, the official Xinhua news agency reported on Sunday, as strong demand boosted the property sector even as the broader economy slowed. Analysis Obama, Republicans gear up for bruising U.S. budget fight WASHINGTON (Reuters) - Another dramatic showdown between Republicans and the White House over federal spending looks inevitable this fall, with scary talk of government shutdowns and default on... UPDATE 1-U.S. appeals court upholds $105 mln Exxon payout in NYC case NEW YORK, July 26 (Reuters) - A U.S. appeals court on Friday upheld a ruling against Exxon Mobil Corp ordering the company to pay $105 million in damages for polluting New York City's groundwater with a toxic gasoline additive. The top films at the North American box office July 14 - Following are the top 10 movies at North American box offices for the three days starting July 12, led by "Despicable Me 2," according to studio estimates compiled by Reuters. 1 (1) Despicable Me 2........................$ 44.8 million 2 (*) Grown Ups 2............................$ 42.5 million 3 (*) Pacific Rim............................$ 38.3 million 4 (3) The Heat...............................$ 14.0 million 5 (2) The Lone Ranger........................$ 11.1 mi The man who could have been Pele? Women wanted him. Men wanted to be him. RLPC-Advent mulls Domestic General debt refinancing as well as sale LONDON, July 26 (Reuters) - Private equity firm Advent International is considering refinancing debt in its British home appliance insurer Domestic General and paying itself a dividend as an... Sirius XM Reports Record Revenue, Aided by Auto Recovery The satellite-radio company reported $940 million in revenue for the quarter, and an increase of 716,000 in subscribers to 25.1 million. Techquity Dan Loeb says Yahoo! Apple gets pre-results boost July 22 - Yahoo agreed to repurchase 40 million shares of stock from major stakeholder Third Point; BMO raises Apple price target ahead of its earnings report. Horse racing hero's double life Player managers are a dying breed in sport. But in horse racing Johnny Murtagh is bucking the trend as both jockey and trainer. For Pippa Middleton, the Medias Love Sours The British press turns on a famous sister (and now aunt.) Two Ad Companies Are Said to Merge, Supplanting Industry Leader The merger of the Omnicom Group and the Publicis Groupe would create a new industry leader positioned to better capture profits from digital media and emerging markets.

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