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Example Headline of Genre for Date
2 British mutual banks to merge
AP - Two of Britain's largest mutual banks said Wednesday they will merge to form a financial business with 70 billion pounds ($98 billion) in assets and more than 9 million customers.
US dollar mixed in European trading
AP - The U.S. dollar was mixed against other major currencies in European trading Wednesday morning. Gold rose.
France prepares second round of banking aid
AP - France expects a quick approval by European authorities for a second round of its bank bailout plan, the finance minister said Wednesday.
Russian ruble sees second day of recovery
AP - The ruble strengthened for a second straight day on Wednesday, signaling a reprieve in the Russian currency's steady devaluation against the dollar and the euro.
French auto bosses nudged to renounce bonuses
AP - Auto industry executives whose companies are awaiting a government bailout should forgo bonuses, the French finance minister said Wednesday.
Hypo Real Estate gets euro12B more in state funding
AP - Stricken real estate bank Hypo Real Estate Group secured another euro12 billion ($15.6 billion) in loan guarantees from the German state, bringing its total to euro42 billion as it struggles amid shaky financial markets.
Ukraine proclaims victory after Russia gas war
AP - Ukraine's prime minister has proclaimed her country the winner in the two-week gas dispute with Russia even though higher gas prices are going to badly hurt the Ukrainian economy.
British banking gloom continues to knock pound
AP - The British pound fell to a fresh seven and a half year low against the dollar and a record low against the yen Wednesday amid mounting fears about the British banking sector and expectations the Bank of England will start pumping money into the economy within weeks.
Madoff-hit Luxembourg funds halt redemptions
AP - Sixteen Luxembourg-based funds that have put euro1.9 billion ($2.46 billion) into a massive pyramid scheme allegedly operated by U.S. financier Bernard Madoff have stopped investor withdrawals, the country's fund industry said.
British economy weakens sharply as recession looms
AFP - Britain's economy is weakening fast, official data showed on Wednesday, with more figures due this week expected to confirm the country has sunk into recession for the first time since 1991.
British lawmakers urge short-selling investigation
AP - A group of influential British lawmakers have written a letter to the financial regulator Wednesday expressing concern at last week's lifting of a ban on short selling of financial stocks, which was immediately followed by a sharp sell-off in leading bank shares.
Pound knocked to nearly 25-year low versus dollar
AP - The British pound fell to a nearly 25-year low against the dollar and a record low against the yen Wednesday amid mounting fears about the British banking sector and expectations the Bank of England will start pumping money into the economy within weeks.
Chief of German bailout fund to resign
AP - A Finance Ministry spokesman says the co-leader of a board assigned to oversee Germany's bank bailout fund will resign at the end of January.
British media to face banking crisis inquiry
AP - An influential group of British lawmakers said Wednesday that they would hold an inquiry into the role of the media in the banking crisis and whether journalists should be partly gagged in periods of market volatility.
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