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Deals of the Hour / October 21, 2010, 11:40 am

FIFA Suspends Two Voters in World Cup Bid 'Sale' Probe

(Adds Spain bid chief declining to comment, in fourth paragraph, spokesman for Spanish government sports panel in fifth.) Oct. 21 (Bloomberg) -- Soccer's governing body suspended two executive committee members and is looking at allegations of collusion ... (Source: BusinessWeek 2010-10-21T10:37:46Z)

AP sources: US to tell Congress of Saudi arms deal

The Obama administration is expected to notify Congress on Wednesday of a multibillion-dollar sale of fighter jets and military helicopters to Saudi Arabia. Officials said the State Department scheduled a news conference for Wednesday to announce the deal ... (Source: AP - msnbc.com 2010-10-19T22:00:10Z)

Mexico's largest pot bust

Mexico's largest-ever seizure of marijuana packaged for sale is even bigger than the original estimate of 95 tonnes probably belonged to the powerful Sinaloa cartel, authorities said Tuesday. The government so far had counted 15,000 packages - 5,000 more ... (Source: Brisbane Times 2010-10-20T17:05:30Z)

Obama Seeks Congressional OK For Weapons Sale

The Obama administration has notified Congress that it plans to sell $60 billion in fighter jets, helicopters and other advanced weaponry to Saudi Arabia. The deal is part of the U.S. effort to build up allies in the Persian Gulf to counter Iran. (Source: NPR News 2010-10-21T09:54:49Z)

TechBytes: Apple's New Mac Products

Apple is bringing some of the magic from the iPhone and iPad to its Mac computers. On Wednesday, CEO Steve Jobs unveiled a new operating system and app store for Macs. The new software will bring a similar look and many of the same multi-touch features ... (Source: ABC News 2010-10-21T13:36:43Z)

IMF's Blanchard sees China strengthening yuan

SANTIAGO Oct 21 (Reuters) - The International Monetary Fund's chief economist said on Thursday he sees China committed to strengthening the yuan as tensions over currencies build up ahead of this week's G20 finance ministers meeting. IMF's Olivier ... (Source: Reuters UK 2010-10-21T18:08:44Z)

LHP Lilly signs 3-year deal with Dodgers

Pitcher Ted Lilly has signed a three-year deal to return to the Los Angeles Dodgers. General manager Ned Colletti said Tuesday that Lilly helped stabilize the Dodgers' rotation after he was acquired in a deal with the Chicago Cubs at the trade deadline ... (Source: Salon 2010-10-19T23:54:42Z)

Stocks gain on strong earnings, China

NEW YORK (CNNMoney.com) -- U.S. stocks headed higher Thursday, building on the previous session's big gains. Investors cheered strong earnings, along with a report showing China's economic growth remains strong but is slightly cooling. Government figures ... (Source: CNN Money 2010-10-21T16:28:31Z)

Nigeria: Feared Islamic sect responsible for violence and prison break demands amnesty deal

MAIDUGURI, Nigeria — A feared Islamic sect responsible for a recent federal prison break and targeted killings in northern Nigeria has demanded an amnesty offer from the government to stop the violence. The communication from the Boko Haram sect said the ... (Source: Republic 2010-10-14T13:37:52Z)

Over 6 Weeks, 2 Big Decisions for FIFA

LONDON — FIFA has given itself just three weeks to root out any corrupt men from its executive committee, and then three weeks more to determine the destinations for the World Cups of 2018 and 2022, decisions worth billions of dollars. "I was a little ... (Source: New York Times 2010-10-21T13:36:43Z)

China Goal to Avoid Japan Plaza Legacy Wards Against G-20 `Hyundai Accord'

China's reluctance to deliver "shock therapy" through a faster appreciation of the yuan may be a bid to avoid repeating history: Japan's. As Group of 20 finance chiefs begin talks today in Gyeongju, South Korea, China is deflecting foreign pressure ... (Source: Bloomberg 2010-10-21T15:09:47Z)

Chavez visits Syria on tour to counter US sway

On the Mideast leg of an international tour, Venezuelan President Hugo Chavez said Wednesday that he and his Syrian counterpart are "on the attack" against Western imperialism. The trip underscores the forces that complicate Washington's battle for ... (Source: AP - msnbc.com 2010-10-21T17:18:38Z)

FIFA suspends senior officials over bribery probe

FIFA provisionally suspended two executive committee members and four lower-ranked officials on Wednesday in a World Cup vote-selling scandal, and will continue investigating the pair. Executive committee members Amos Adamu of Nigeria and Reynald Temarii ... (Source: FOXSports.com 2010-10-21T16:21:22Z)

LHP Lilly signs 3-year, $33M deal with Dodgers

LOS ANGELES—Pitcher Ted Lilly passed on the opportunity to test the free agent market, signing a three-year, $33 million deal on Tuesday to return to the Los Angeles Dodgers. "I thought this was a really good opportunity for me and the future looks ... (Source: San Jose Mercury News 2010-10-20T18:17:05Z)

Dodgers sign LHP Lilly to 3-year, $33M deal

LOS ANGELES -- Pitcher Ted Lilly signed a three-year, $33 million deal on Tuesday to return to the Los Angeles Dodgers . General manager Ned Colletti said Tuesday that Lilly helped stabilize the Dodgers' rotation after he was acquired in a deal with the ... (Source: CBS Sports 2010-10-20T01:34:55Z)

Mexico's largest pot bust likely hit powerful cartel

MEXICO CITY – Mexico's largest-ever seizure of marijuana packaged for sale is even bigger than the original estimate of 105 tons and probably belonged to the country's most powerful drug-trafficking cartel, authorities said Tuesday. The Sinaloa ... (Source: Daily Chronicle 2010-10-20T10:24:38Z)

LHP Ted Lilly signs 3-year, $33M deal to return to Dodgers

LOS ANGELES — Pitcher Ted Lilly passed on the opportunity to test the free agent market, signing a three-year, $33 million deal on Tuesday to return to the Los Angeles Dodgers. "I thought this was a really good opportunity for me and the future looks ... (Source: Washington Examiner 2010-10-20T21:58:59Z)

US to sell $60 billion in advanced weaponry to Saudi Arabia in massive arms sale

WASHINGTON - The Obama administration has notified Congress that it plans to sell up to $60 billion in advanced weaponry to Saudi Arabia, in one of the largest-ever single U.S. arms deals. The State Department and Pentagon informed lawmakers on Wednesday ... (Source: Minneapolis Star Tribune 2010-10-20T18:24:14Z)

Lilly signs 3-year deal with Dodgers

LOS ANGELES (AP) -- Pitcher Ted Lilly passed on the opportunity to test the free agent market, signing a three-year, $33 million deal on Tuesday to return to the Los Angeles Dodgers . "I thought this was a really good opportunity for me and the future ... (Source: CNN Sports Illustrated 2010-10-20T03:15:08Z)

Biz Break: Meet Apple's new MacBook Airs; plus: an app store for your Mac

Today: Apple CEO Steve Jobs shows off new MacBook Air notebooks and software that makes the Mac work more like an iPad or iPhone. Plus: Netflix, eBay earnings. Apple's new MacBook Air notebooks Apple CEO Steve Jobs today showed off the Cupertino Mac and "i ... (Source: San Jose Mercury News 2010-10-20T21:08:53Z)

Nigeria: Muslim sect kills despite crackdown

MAIDUGURI, Nigeria— Members of a Muslim sect blamed for recent violence across northern Nigeria apparently have shot dead another police officer, despite a military crackdown in the region, authorities said Wednesday. The shooting death of Inspector ... (Source: Boston Globe 2010-10-20T15:03:48Z)

Mexico's largest bust in history of marijuana for sale likely hit cartel of 'El Chapo'

MEXICO CITY — Mexico's largest-ever seizure of marijuana packaged for sale is even bigger than the original estimate of 105 tons and probably belonged to the powerful Sinaloa cartel, authorities said Tuesday. President Felipe Calderon's security ... (Source: Republic 2010-10-19T21:53:01Z)

Asian Stocks Decline on China Mobile Profit, Hana Share Sale; Dollar Rises

Asian stocks fell as China Mobile Ltd. reported worse-than-estimated profit and Temasek Holdings Pte sold shares in Hana Financial Group Inc. The dollar strengthened against 12 of 16 counterparts. Five stocks declined for every four that fell in the MSCI ... (Source: Bloomberg 2010-10-21T03:35:26Z)

Dodgers Retain Pitcher Ted Lilly On Three-Year Deal

Left-handed pitcher Ted Lilly has signed a three-year contract to stay with the Los Angeles Dodgers, the team said on Tuesday. The two-time All-Star was traded to the Dodgers in July 31 and won his first five starts with the club. "Ted helped stabilize our ... (Source: Post Chronicle 2010-10-20T12:26:19Z)

Apple to bring iPhone features to Mac

Apple CEO Steve Jobs said Wednesday the company will open an app store for its Macintosh computers and bring the company's FaceTime video-calling software to the Mac, the Mercury News reports. Jobs announced that the next version of its operating system ... (Source: Birmingham Business Journal 2010-10-21T13:51:02Z)

Asia Mixed Amid China Economy Data

Asian markets ended mixed Thursday, with Chinese stocks declining after data showed the country's economy slowed in the third quarter. Hong Kong stocks rebounded as Chinese insurers continued to gain on expectations that Beijing's interest rate increase ... (Source: Wall Street Journal 2010-10-21T09:47:39Z)

Nigeria: feared Muslim sect issues new threats

MAIDUGURI, Nigeria— A Muslim sect responsible for recent targeted killings and a massive prison break has issued new threats in northern Nigeria. Posters by the Boko Haram sect pasted at key intersections in Maiduguri bore the symbol of al-Qaida in the ... (Source: Boston Globe 2010-10-21T16:35:41Z)

Asian Stocks Drop as China's Economic Growth Slows; Banks Fall

Oct. 21 (Bloomberg) -- Asian stocks dropped for a fifth consecutive day as China's economy grew at the slowest pace in a year and financial companies fell on speculation bank regulations will be tightened. China Mobile Ltd., the world's biggest phone ... (Source: BusinessWeek 2010-10-21T06:27:13Z)

Venezuela's Chavez Visits Syria

Venezuelan President Hugo Chavez met with his Syrian counterpart Thursday, continuing a Mideast tour of allies to counter what he calls U.S. "imperialism." Chavez flew in Wednesday from Tehran where he and Iranian President Mahmoud Ahmadinejad vowed to ... (Source: Voice of America 2010-10-21T17:25:47Z)

Iran signs 11 energy deals with Venezuela

TEHRAN, Oct. 21 (UPI) -- Eleven memorandums of understanding in the energy sector were signed with the Venezuelan government, Tehran announced Thursday. Venezuelan President Hugo Chavez arrived in the Iranian capital early this week to meet with his ... (Source: United Press International 2010-10-21T12:10:49Z)

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