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News Feed Latest worldwide news Nigeria picks Goldman, Credit Suisse, UBS for wealth fund LAGOS, Aug 28 (Reuters) - Nigeria's sovereign wealth fund on Wednesday appointed Goldman Sachs, UBS and Credit Suisse as asset managers for the 20 percent portion of its $1 billion fund that is meant to cushion against oil price shocks, it said. UPDATE 1-IMF says Brazil recovering from slowdown, backs more reforms BRASILIA, Aug 28 (Reuters) - Brazil's economy is recovering gradually from the slowdown that began in mid-2011, but more efforts to boost productivity, competitiveness and investment are critical for... The U.S. Open Issue Li Na, Chinas Tennis Rebel What she wants and what the Chinese government wants are not the same. This is the secret to her success. Mortgages Awaiting Foreclosure Relief Foreclosure prevention advocates are urging Gov. Andrew M. Cuomo to sign legislation that would prevent lenders lawyers from leaving homeowners facing foreclosure in a state of legal limbo. New Device at Nintendo Is Cheaper, for Youths The Nintendo 2DS will cost $130, about $40 less than its 3DS sibling, as part of a strategy to prevent households from relying on tablets for video games. ArtsBeat Weekly Ticket Sales Drop Under $1 Million for Broadways Spider-Man A spokesman for the production linked the drop in sales to the recent injury of one of the performers. Remote Control At Louisville, Athletic Boom Is Rooted in ESPN Partnership Louisvilles willingness to play football games on Tuesday nights, at ESPNs urging, began a turnaround that led to huge rewards for the university and the network. ArtsBeat New York Film Festival to Showcase Documentaries on Science and Democracy Three series will focus on documentary films at this years New York Film Festival. Ex-HealthSouth CEO Scrushy loses bid to end SEC ban Aug 28 (Reuters) - A federal judge rejected former HealthSouth Corp Chief Executive Richard Scrushy's bid to lift a ban on his serving as an officer or director of a public company, which was part of his settlement of U.S. Securities and Exchange Commission charges that he masterminded a $2.6 billion accounting fraud. Gadgetwise To Build a Better Lego Robot Lego updated its Mindstorms robotics platform with a kit that includes features like Bluetooth compatibility and a remote control app. Five quirks of the Bo trial Few political trials can boast the intoxicating mix of sex, murder and exotic meat. America Movil plans to keep current KPN strategy - unions BRUSSELS, Aug 28 (Reuters) - Mexican telecoms group America Movil will keep KPN's current strategy if its proposed 7.2 billion euro ($9.6 billion) bid for the telecoms company is successful, the... You're the Boss Blog Today in Small Business Some People Are Meant to Be Employees Capital goods orders are weak. Gas prices fall. And five billion additional mobile phone users are coming to Facebook. ACC Gets Chance to Make Great 1st Impression OK, ACC, this is your chance. Your Money Win a Lottery Jackpot? Not Much Chance of That The odds of winning the top prize in Powerball or other big lottery is on a par with finding that needle in a haystack. A tall haystack. Loaded gun found in four-year-old boy's book bag at Georgia school ATLANTA (Reuters) - A Georgia teacher found a loaded handgun in the book bag of a 4-year-old male pre-kindergarten student, authorities said on Wednesday. Well A Guide for Swimmers Breaking Boundaries A new book by Lynne Cox, an open water swimmer, offers lifesaving advice for the exploding ranks of triathletes and other swimmers who are escaping the confines of pools. Well Beers Implicated in Emergency Room Visits A study found that five beer brands were consumed most often by people who ended up in the emergency room. Dog loves trampoline This boxer reminds us it's the simple pleasures that make life awesome. Wealth Matters What to Do When a Friend Pitches an Investment Idea The decision to decline or invest requires an analysis of the offer and the person making it, and an assessment of the pain of losing a friend if the investment turns sour. UPDATE 2-UK competition watchdog says private patients pay too much * Report highlights lack of competition in private hospitals India Ink Tragic Fable of Mumbai Mills The life and death of Mumbai textile mills. U.S. government, 2 airlines say open to settling merger fight WASHINGTON, Aug 28 (Reuters) - American Airlines , US Airways and the U.S. Justice Department said on Wednesday they were open to settling a court fight over whether the two companies should be allowed to merge, but there was no sign of an imminent agreement. Switzerland Zurich launches 'sex drive-ins' In an attempt to reduce open street prostitution and to improve security for sex workers, Switzerland's largest city, Zurich, is opening "sex drive-ins" Monday. Twerk? Srsly? Oxford dictionary had added 'twerk' as part of its quarterly update. 76ers Owner Josh Harris Buys New Jersey Devils The new owners of the New Jersey Devils are keeping long-time executive Lou Lamoriello in charge of hockey operations, bringing in a new business team and committing to make the three-time Stanley Cup champions an organization looked toward as a model of excellence. Chinese coal price war to dampen coal imports SHANGHAI, Aug 28 (Reuters) - China's major coal producers have been slashing domestic prices since July to gain market share, in a move likely to slow import growth for the rest of the year as overseas shipments become less attractive in the top buyer and producer of the fuel. Senate Approves College Student Loan Plan Tying Rates to Markets The plan would tie interest rates for student loans to the financial markets and brings Congress close to resolving a dispute that caused rates to double in July. Florence tomb opened in search for identity of Mona Lisa FLORENCE, Italy (Reuters) - Researchers opened a centuries-old Florence tomb on Friday in a search for remains that could confirm the identity of the woman whose enigmatic smile Leonardo da Vinci immortalized in the "Mona Lisa", one of the world's most famous paintings. You're the Boss Blog Lessons From the Emergency Room Is it possible to build a company from scratch and also maintain a good work-life balance? Central bankers debate risks from withdrawing global liquidity JACKSON HOLE, Wyoming (Reuters) - Global financial stability is at risk as central banks draw back from ultra-easy policies that have flooded the world with cash, because emerging markets lack... Dean Meminger, Who Helped Knicks to a Title, Dies at 65 The speedy point guard and tenacious defender had long battled drug problems. GMO corn failing to protect fields from pest damage -report Aug 28 (Reuters) - Researchers in the key corn-growing state of Illinois are finding significant damage from rootworms in farm fields planted in a rotation with a genetically modified corn that is supposed to protect the crop from the pests, according to a new report. M.T.A. Guards Against Copyright Infringement The Metropolitan Transportation Authority is issuing hundreds of notices a year to merchants and others for using its logos and imagery without permission. Heavy Casualties on Both Sides as Congo Soldiers Fight Rebels Near Eastern City The front line is nine miles north of the eastern city of Goma, where Congolese soliders and United Nations troops have been battling M23 rebels since Wednesday. Former NBA star Scottie Pippen won't face charges over Malibu fracas LOS ANGELES (Reuters) - Former Chicago Bulls basketball star Scottie Pippen will not be prosecuted over an altercation with a man at a Malibu restaurant in June, prosecutors said on Tuesday, citing insufficient evidence. Korean island where time stops Empty beaches, no cars, fresh seafood, gorgeous sunset -- on pretty Bijindo, that's called a hectic day. COMMODITIES-Syria crisis sparks rallies in crude oil, gold By Barani Krishnan NEW YORK, Aug 28 (Reuters) - Oil and gold prices surged for a second straight day on Wednesday as speculation of an imminent military strike on Syria raised worries about Middle East oil supplies and pushed safe-haven investors toward precious metals. Copper prices extended their downtrend as the looming Western-led strike on Syria made investors in base metals more cautious over risk. Concern about rising copper stockpiles in China also weighed on prices. In crop UPDATE 1-China's Simcere to be taken private by founder Aug 28 (Reuters) - China's Simcere Pharmaceutical Group has agreed to be taken private for about $495 million by a consortium led by founder Jinsheng Ren, joining a list of Chinese firms that are... Bloomberg on climate change For the first time in human history, more than half the world's population is living in cities, which now produce approximately 70 percent of global greenhouse gas emissions. That puts cities on the frontlines of the battle against climate change -- and more and more cities are leading the charge.

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