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Russia eyes new aviation glory with Superjet

PARIS (Reuters) - Russia will seek a boost for President Vladimir Putin's bid to revive its once mighty aviation industry this week, by rolling out its first modern commercial airliner for the global market -- the Superjet.



GM, UAW close in on cost-cutting labor deal

DETROIT (Reuters) - Representatives of General Motors Corp and the United Auto Workers union closed in on Saturday on a tentative labor agreement that would slash health-care costs for the top U.S. automaker.


Three hedge funds plan Northern Rock raid: paper

LONDON (Reuters) - Three leading hedge funds are planning a break-up of beleaguered British bank Northern Rock , according to a newspaper report on Sunday.


Dow, S&P turn in best week since March

NEW YORK (Reuters) - U.S. stocks rose on Friday after robust results from software maker Oracle Corp brightened the outlook for technology, helping the Dow and S&P turn in their best weekly performance since March.


Sprint stock up on sale rumors

NEW YORK (Reuters) - Shares of Sprint Nextel Corp rose over 3.5 percent on Friday as investors reacted to market speculation the No. 3 U.S. mobile service could be sold to Britain's BT Group , but analysts were skeptical.


Google in talks to lay undersea cable: report

NEW YORK (Reuters) - Google Inc is in early talks to join a group looking to lay a high-speed, trans- Pacific undersea cable that could potentially lead to the Internet company becoming an investor in the project, according to the Wall Street Journal.


Nasdaq sold remaining LSE stake for $194 million

NEW YORK (Reuters) - Nasdaq Stock Market Inc said on Friday it sold its remaining 5.3 million shares in London Stock Exchange Group Plc for 18 pounds a share.