Russia to Host
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Business & Finance

• ECB Extends Liquidity Measures

  The ECB has abandoned its plans to wind down emergency support for banks and government debt markets.

  • Video: Trichet on Market Reaction to Bailout
  • Euro Rises Following ECB News
  • MarketBeat: Euro-Zone Bonds Rally
  • The Source: Iberian Bailout Danger Remains
  • Speech Text: Trichet's Prepared Remarks
  • Interactive: Global Interest Rates
  • European Central Bank Watch

• Pepsi to Buy Russian Drinks Giant

  PepsiCo is buying Russian dairy products and fruit-juice maker Wimm-Bill-Dann in a deal valuing the company at $5.8 billion, one of the biggest foreign investments in Russia outside the energy sector.

  • More from Deal Journal blog
  • Factiva Search: Beverage M&A;

• FSA Probe Clears RBS Chiefs

  RBS executives, including former CEO Fred Goodwin, won't be sanctioned by the U.K. Financial Services Authority for their actions in the lead-up to the bank's near-collapse in 2008, though the FSA found a 'series of bad decisions.'

  • The Source: FSA Unwittingly Blames Itself

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  J.P. Morgan Sues Lehman Over Loans

  J.P. Morgan Chase is countersuing Lehman Brothers, claiming the failed investment bank engaged in "collusion and deception" when it persuaded it to lend more than $70 billion in 2008.

• Euro-Zone Growth Slows

  The euro-zone economy slowed sharply in the third quarter as business investment ground to a halt. Euro-zone producer prices rose again, with the pace of both the monthly and annual gains accelerating.

  • Spanish Jobless Claims Rise Again
  • Swiss Growth Slows as Franc Strengthens

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  Qantas May Sue Rolls-Royce

  Qantas Airways said it has taken measures that would allow it to sue Rolls-Royce if a settlement can't be reached over engine failures in its A380 jetliners.

  • The Source: More Faith in Rolls-Royce?

• Jobless Claims Rise; Housing Index Lifts Hopes

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  Diller Steps Down as IAC's CEO

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  China's Lending Spills Over Limits

• Foreign Firms Got Fed's Cash

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  UniCredit to Expand in Europe

• U.S. Deficit Plan Wins Backers