Colombian judge orders company heads captured - Seattle Times

A Colombian judge has ordered the arrest of the main partners in an alleged pyramid scheme that has caused a nationwide panic over millions of dollars in lost investments. Among those at the DMG company ordered captured is principal shareholder David ...

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CNOOC chief says oil prices to return to $70-$80 - Boston Globe

BARCELONA, Spain— The head of China's biggest offshore energy producer said Tuesday he thinks oil prices ought to return to the $70-$80 barrel range, though he did not give a timetable and said low prices could continue for some time. "We see, and ...

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Mass. regulator accuses Oppenheimer & Co. of fraud - WTOP Radio

BOSTON (AP) - Massachusetts ' top securities regulator on Tuesday accused Oppenheimer & Co. Inc. of fraud over the investment bank's sales of auction-rate securities to customers who couldn't access their money after the market for the risky ...

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Emerging market guru Mark Mobius punts Brazil - Daily Telegraph

Mark Mobius, the emerging market specialist from Templeton Asset Management reckons that Brazil offers a great opportunity for investors with nerve. We asked him why. The region's main attraction is its huge consumer market with pent-up demand for ...

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Japan stocks fall on grim bank earnings, auto woes - Washington Post

TOKYO -- Japanese stocks fell Wednesday as grim earnings from the country's biggest bank and doubts about the fate of a U.S. government lifeline for ailing automakers underlined a gloomy outlook for world growth and corporate earnings. The benchmark ...

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