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Cameron rocked by defeat in Europe budget vote
Prime Minister David Cameron suffers a humiliating defeat in parliament after Conservatives rebel over Europe, an issue that has divided his party for decades and helped bring down previous leaders. Full ArticleLloyds drops to third-quarter loss after 1 billion pound PPI hit
LONDON - Lloyds Banking Group took another 1 billion pound hit to compensate UK customers mis-sold loan insurance, taking its charge for the scandal to 5.3 billion pounds and dragging it to a third-quarter loss.
U.S. Northeast picks up after epic storm
NEW YORK - New York City and the sodden U.S. Northeast begins an arduous journey back to normal after mammoth storm Sandy killed at least 64 people in a rampage that swamped coastal cities and cut power to millions. Full Article | Related StoryBarclays faces record £290 million fine
The U.S. power market watchdog threatens to fine Barclays roughly 290 million pounds to settle allegations that the bank and four traders manipulated California electricity markets, reviving the spectre of a sector-wide crackdown on energy trading. Full Article | FactboxExpect feisty defence from disgraced Bo Xilai
BEIJING - Disgraced former top Chinese politician Bo Xilai can be expected to mount a feisty defence of himself when he finally comes to trial, but a guilty verdict is not in doubt, a lawyer who had a front seat at China's last major show trial says. Full Article
Clinton calls for overhaul of Syrian opposition
ZAGREB - The United States calls for an overhaul of Syria's opposition leadership, saying it is time to move beyond the Syrian National Council and bring in those "in the front lines fighting and dying". Full Article
Spanish bad bank faces property struggle
Spain's "bad bank" will struggle to find buyers for swathes of empty land, unfinished housing projects and doubtful loans left over from a property crash, hindering Madrid's attempts to overcome the wider economic crisis. Full Article
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