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EU budget deal in doubt
BRUSSELS - Prospects of a deal on the European Union's long-term budget dim after a fresh compromise proposal offered concessions to France and Poland but ignored British and German demands for deeper overall spending cuts. Full ArticleGaza ceasefire holds but mistrust runs deep
GAZA/JERUSALEM - A ceasefire between Israel and Hamas held firm on Thursday with scenes of joy among the ruins in Gaza over what Palestinians hailed as a victory, and both sides saying their fingers were still on the trigger. | Video
Sony at greater risk than Panasonic, says Fitch
TOKYO - Panasonic has a better chance than rival Sony of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines and fridges, credit rating agency Fitch says. Full Article
"Black Friday" on Thursday for U.S. shoppers
NEW YORK - U.S. shoppers took advantage of retailers offering a Thursday night start to the traditional post-Thanksgiving holiday shopping season, lining up at stores to get deals on electronics and other items or to just see what the fuss was about. Full Article
Argentina willing to go to U.S. Supreme Court
BUENOS AIRES - Argentina will appeal a U.S federal court ruling ordering it to pay $1.33 billion to holdout bond investors, the government says, vowing to fight "judicial colonialism" all the way to the U.S. Supreme Court if necessary. Full Article
Bullish bankers struggle to adjust to cutbacks
LONDON/HONG KONG/NEW YORK - Self-confidence and betting on long odds are part of their DNA and so, while expecting the financial industry to slash bonuses this year, many bankers think it will not happen to them. Full Article
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