Citi, Wachovia off on deal uncertainty
NEW YORK (Reuters) - Shares of Citigroup Inc dropped 6 percent to $17.25 on Monday on uncertainty about plans to take over embattled Wachovia Corp . Full Article
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Oil falls to 8-month low below $90 a barrel
LONDON (Reuters) - Oil fell below $90 a barrel on Monday to its lowest in eight months, pressured by expectations that the global credit crisis will bring a sharp fall in oil demand. Full Article
MediaFile launches Keep an eye on: ..., a daily column focusing on the day's developing media and tech stories. Today's spotlight is on Sam Zell and his pursuit of Tribune Co. Go to Blog
Power spin-offs seen likelier
A slide in the shares of power producers could lead to spin-offs because running them under one roof looks even less sensible at lower valuations. Full Article
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Governments act to stem crisis, markets shaken
LONDON/BERLIN (Reuters) - More European governments followed Germany's lead on Monday offering guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in 80 years. Full Article | Video
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China vows clean up of "chaotic" dairy sector
BEIJING (Reuters) - China's dairy industry suffers from chaotic production and lax oversight, the government said on Monday, announcing toughened rules after tainted milk products left thousands ill and shook confidence in "made-in-China." Full Article | Video
