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Stocks Gain Around World on Economic Growth Outlook as Dollar, Yen Decline Stocks rose around the world and the dollar and the yen fell as sales of U.S. homes increased more than forecast and speculation grew that central banks will keep interest rates near record lows.

News Corp. Joined By Rivals Considering Pulling Their Stories From Google Publishers of the Denver Post and the Dallas Morning News may pull some of their stories from Google Inc.</a>’s news site, a move that would emulate News Corp.’s Rupert Murdoch.

Gross Increases Total Return Fund Holdings of U.S. Debt to Five-Year High Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., increased his holdings of government-related debt to 63 percent, the highest proportion since July 2004.

Fed Said to Ask Stress-Tested Banks to Submit Plans for Repaying U.S. Aid The Federal Reserve asked nine of the U.S. banks that were part of this year’s stress tests to submit plans for repaying the government’s capital injections, a person familiar with the situation said.

Billionaire Carl Icahn Outbids Penn National to Open Fontainebleau Auction Carl Icahn will be the opening bidder in an auction of the bankrupt Fontainebleau Las Vegas casino resort after Penn National Gaming Inc. dropped out.

Chicago-Area Toll Road System Seeking $280 Million in Build America Bonds The Illinois Tollway, seeking to ease congestion on toll roads around the third most-populous U.S. metropolitan area, returns to the municipal market with a $280 million Build America Bond issue.


Latin America


Mexico Peso Set to Rally 20% as Pimco Says Buy After Fitch Debt Downgrade Mexico’s peso is poised to rise as much as 20 percent against the dollar over the next year because the currency is one of the cheapest in emerging markets and exports to the U.S. are set to grow, according to Pacific Investment Management Co.

Colombia Unexpectedly Cuts Rate to 3.5% on Inflation Outlook, Growth Slump Colombia’s central bank unexpectedly cut its benchmark interest rate to a record low as policy makers seek to take advantage of below-target inflation to give an extra boost to a sluggish economic recovery.

Goldman Calls `Unnecessary Roughness' After Missing Fitch Mexico Downgrade Goldman Sachs Group Inc.’s Paulo Leme called Fitch Ratings’s downgrade of Mexico “unnecessary roughness,” saying the decision ignored the country’s efforts to stem a widening budget deficit.

Bovespa Gains on Economic Growth Outlook, Rising Commodities; Bolsa Climbs Brazilian stocks rose for the first time in three days on speculation low interest rates and economic stimulus from the country’s biggest trading partners will sustain demand for commodities.

BHP Agrees to Raise Pay at Chile's Spence Copper Mine to End 41-Day Strike BHP Billiton Ltd., the world’s biggest mining company, agreed to raise wages at its Spence copper mine in Chile to end a six-week strike.

Argentina's `Policy-Induced' Toll Operator Default to Swell Budget Deficit Argentine highway operator Autopistas del Sol SA’s bond default is adding to concern the budget gap will swell to the widest in nine years as the government takes over unprofitable companies, Moody’s Economy.com says.


Exclusive


Dollar Confidence Not at Risk Even With Debt `Mountain,' Strauss-Kahn Says International Monetary Fund Managing Director Dominique Strauss-Kahn said that confidence in the dollar isn’t under threat and his main challenge for now is fighting the danger of asset bubbles in emerging markets.

Bank of America May Name Stopgap CEO to Allow Board More Time for Search Bank of America Corp.’s board may extend its search for a permanent new chief executive officer into 2010 if directors can’t settle on a candidate in the next three days, according to people familiar with the matter.

Deripaska Is in Talks on Selling Interests in Construction, Airport Units Russian Billionaire Oleg Deripaska, whose United Co. Rusal is seeking to restructure more than $14 billion of debt, is in talks with potential investors in his construction, airport and financial-services businesses.

Zynga May Be Valued at $1 Billion as Game Maker Feeds Off Facebook Craze Zynga Inc., maker of the “Mafia Wars” and “FarmVille” games played on Facebook, may be valued at $1 billion based on the sale price of a smaller rival.

Cuomo Took Campaign Donations From Lawyers With Matters Before His Office New York Attorney General Andrew Cuomo’s campaign fund took tens of thousands of dollars from law firms representing clients his office investigated or accused of wrongdoing, state records show.

Woman Who Sank Galleon Was Beauty-Queen-Turned-Analyst Allegedly With Tips Danielle Chiesi spent a lot of time in hotel ballrooms and bars during the past decade.