European shares, euro gain as Greek fears ease

LONDON - European stocks rose for a third consecutive session early on Monday and the euro bounced off two-year lows, as Greek opinion polls showing rising support for pro-bailout parties calmed speculation of a disorderly exit by Athens from the single currency.

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Use social media in your job search

BOSTON - The widespread use of social media - including more playful sites like Facebook and Twitter, as well as the business-focused LinkedIn - is becoming a powerful force in many job searches, says Harvard Business Review.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Qatar wealth fund keen to buy U.S.'s Citi shares: report

LONDON | Tue May 25, 2010 7:12pm EDT

LONDON (Reuters) - Qatar Investment Authority, the country's sovereign wealth fund, is keen to buy part of the U.S. Treasury's stake in Citigroup Inc (C.N), the Financial Times reported in its Wednesday edition.

Citing people familiar with the matter the paper said QIA was considering purchasing some of the U.S. Treasury's 27 percent stake in Citigroup, but warned any deal would be dependent on price and market conditions.

The U.S. treasury said in April it was launching its plan to sell of its 7.7 billion share stake in Citigroup. Morgan Stanley is advising the U.S. government on the sale of up to 1.5 billion common shares.

The FT said the sale of the first tranche of the stake should be finalized in the coming days, according to a person familiar with the matter.

Citigroup declined to comment. QIA could not immediately be reached for comment.

(Reporting by Caroline Copley and Daniel Wilchins; Editing by Tim Dobbyn)
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mottom wrote:
I say wait and sell at $17-$25 a share. Citi can sell more assets if it needs capital. Citi is too big to fail.

May 25, 2010 9:29pm EDT  --  Report as abuse
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