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India’s Enforcement Directorate issues notice to Natwar Singh

Monday, September 4, 2006 India’s former External Affairs Minister Natwar Singh has, for the first time, been directly accused by the Enforcement Directorate (ED) for his involvement in the Iraq oil scam. The ED, which is responsible for enforcing foreign exchange control laws, has alleged that Singh, along with his son Jagat Singh and three

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US bank Goldman Sachs accused of fraud

Saturday, April 17, 2010 US bank Goldman Sachs has been accused of fraud by the American regulator Securities and Exchange Commission (SEC). Goldman Sachs arranged a transaction at Paulson’s request in which Paulson heavily influenced the selection of the portfolio to suit its economic interests According to the SEC, Goldman Sachs failed to inform investors

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Chinese government approved Nanjing purchase of MG Rover

Monday, March 13, 2006 The Chinese National Development and Reform Commission approved today the plans by Nanjing Automobile Group to revive the MG Rover brand. Nanjing Automobile are planning to annually produce 200,000 cars, 250,000 engines and 100,000 gearboxes on the assembly lines purchased from MG Rover. The first MG produced in Pukou in Nanjing

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Saturn moon Enceladus may have salty ocean

Thursday, June 23, 2011 NASA’s Cassini–Huygens spacecraft has discovered evidence for a large-scale saltwater reservoir beneath the icy crust of Saturn’s moon Enceladus. The data came from the spacecraft’s direct analysis of salt-rich ice grains close to the jets ejected from the moon. The study has been published in this week’s edition of the journal

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Flooding kills 91 in El Salvador

Sunday, November 8, 2009 Flooding caused by torrential rain over several days has killed at least 91 people in El Salvador, according to officials. Sixty are still missing, more than 7,000 are in temporary accommodation and authorities expect to find more bodies. This brings the total up from the 50 reported earlier today. The sea

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NYSE to merge with Archipelago; NASDAQ to buy Instinet

Sunday, April 24, 2005 New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group.

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Richmond serial slayers arrested in Philadelphia

Monday, January 9, 2006 Two suspects, believed to be responsible for a killing spree that started on New Year’s day in the Richmond, Virginia area, were apprehended in Philadelphia, Pennsylvania on Saturday where they were held on charges of conspiracy to commit murder and auto theft. The two declined to fight extradition to Virginia and

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