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Market Matters: Struggling Stocks Spur New Record Oil Prices
Oil hit another record of just under $143 as global stocks tumbled last week, with the Dow briefly dipping into bear market territory as investors sought safety in gold, government debt and the Swiss franc.

Enlarge your business opportunities this summer - place a job ad at Job Opportunities pages of The Moscow Times until 31 August and get 10 vacancies for free on www.careercenter.ru web site!



Wednesday, July 09, 2008 Updated at 09 July 2008 0:00 Moscow Time.

The Moscow Times » Issue 3804 » Business

Israel's Hapoalim in Talks to Acquire 75% of SDM-Bank

11 December 2007By David RosenbergBank Hapoalim, Israel's second-biggest lender by assets, is in talks to buy at least 75 percent of Russia's SDM-Bank in a transaction that values the lender at as much as $160 million.

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