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October 25, 2007

Thomson Profit Jumps on Unit Sale; Reuters Posts Higher Revenue

Oct. 25 (Bloomberg) — Thomson Corp., the financial-data provider buying Reuters Group Plc, said quarterly profit jumped on proceeds from the sale of education divisions. Reuters posted higher sales on increased currency and stock trading.
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China shares down 5.7 pct as panic mounts

SHANGHAI, June 5 (Reuters) - China's main stock index plunged 5.66 percent on Tuesday morning, bringing its losses since a hike in the stock trading tax last week to 20 percent.

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Oracle CEO must donate $100M to charity

REDWOOD CITY, Calif. – A California judge yesterday approved an unusual legal settlement that will require Oracle Corp. CEO Larry Ellison to donate $100 million to charity and pay another $22 million to the attorneys who sued him for alleged stock trading abuses.

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Steep Taxes Harm City's Best Places To Trade Ranking

When it comes to stock trading, New York is only the third greatest city in the world because of its steep taxes and hefty real estate prices, according to the latest issue of Trader Monthly magazine. New York trailed the top city, Chicago, and London, although the three were neck-and-neck, a senior editor at the magazine, Rich Blake, said. "Real estate crushed London, but it was... more...

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