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Electric carmaker Tesla pays off U.S. loan
DETROIT (Reuters) - Electric carmaker Tesla Motors Inc on Wednesday said it has paid off its U.S. Department of Energy loan, using money raised last week in a stock and notes offering.
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FOREX-U.S. dollar climbs to multi-year highs after Bernanke
* Bernanke says could scale back bond buys at one of its next few meetings
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HP second quarter quarter profit down 32 percent
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly profit slid 32 percent but the world's largest personal computer maker raised the lower end of its full-year outlook as revenue from services to corporations slightly offset shrinking PC sales.
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Brazil real weakens to 2.05 per dollar for first time in 4 months
RIO DE JANEIRO, May 22 (Reuters) - The Brazilian real on Wednesday weakened past the level of 2.05 per dollar for the first time in four months, as fears of tapering U.S. stimulus measures continued...
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Bob Lutz, Chinese parts maker offer $20 million for Fisker: sources
DETROIT (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker Automotive, people familiar with the matter said on Wednesday.
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PepsiCo rethinks U.S. pricing to attract more everyday buyers
(Reuters) - PepsiCo Inc said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit of buying soda only when it is on sale.
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Delta Airlines wants to stop Ex-Im help on big jets
(Reuters) - Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own purchases if all such subsidies were eliminated, its chief executive said on Wednesday.
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Fed officials want more progress before bond tapering: minutes
WASHINGTON (Reuters) - Many Federal Reserve officials earlier this month wanted to see more evidence that the economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday.
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FOREX-U.S. dollar rallies to multiyear highs after Bernanke
* Bernanke says could scale back bond buys at one of its next few meetings
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Fitch: Sub-Saharan Africa Has Gradual Upgrade Potential
Link to Fitch Ratings' Report: Sub-Saharan African Sovereigns: Higher Ratings Depend on Continued ReformsLONDON, May 22 (Fitch) Fitch Ratings says in a newly-published report that targeted reforms...
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