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Financial News
Petrobras sells 64 bln dlrs of stock to fund oil exploration
Brazil\'s Petrobras unveiled one of the world\'s biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.  more
European stocks soar on US data; dollar breaches 85 yen
European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the United States.  more
Brazil\'s Petrobras unveils $64 bln share offer
Brazil\'s state-run oil company Petrobras on Friday unveiled a huge share offering which could raise 64 billion dollars to help finance new exploration projects in the country.  more
Equities make bright start to September
Asian and European stocks rose on Wednesday, lifted by bargain-hunting and upbeat data, as dealers set aside Wall Street\'s worst August performance in nine years amid stubborn US recovery doubts.  more
Global equities rocked by US economic fears
World stock markets sank heavily on Tuesday as investors shunned risky assets amid renewed fears over the United States economy, while Tokyo also dived on concern over the soaring yen, dealers said.  more
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