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As G20 chases growth goal, members differ on how to get there
By Lincoln Feast and Gernot Heller CAIRNS Australia (Reuters) - Financial leaders of the Group of 20 top economies remain committed to chasing higher global growth, but were divided on how to achieve it as Germany pushed back at calls from the United States and others for more immediate stimulus. Opening a meeting of G20 finance ministers and central bankers, Australian Treasurer Joe Hockey outlined on Saturday an ambitious agenda of boosting world growth, fireproofing the global banking system and closing tax loopholes for giant multinationals. ...

Dollars rally bad news for oil, multinationals
By Akane Otani NEW YORK (Reuters) - The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. The greenback's recent gains have lifted the dollar index - a measure of the dollar's value relative to six currencies - for 10 consecutive weeks. ...

Alibaba surges 38 percent on massive demand in market debut
By Liana B. Baker, Jessica Toonkel and Ryan Vlastelica NEW YORK (Reuters) - Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class. It was an auspicious debut for the Chinese e-commerce company, which was founded by Jack Ma in his apartment in 1999 and now accounts for 80 percent of online sales in China. ...

Exclusive: Hyundai directors kept in dark on size of $10 billion land bid -...
By Hyunjoo Jin SEOUL (Reuters) - Hyundai Motor and two listed affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul, more than triple its appraised value, four board members of the companies told Reuters. Thursday's winning bid for the land sent shares in Hyundai Motor, Kia Motors and Hyundai Mobis plunging, wiping out $8 billion in shareholder value, and sparked howls of protest from investors, rekindling worries about corporate governance at South Korea's conglomerates, or chaebol. ...

When music stops for Oracle CEO dance, Catz may grab Ellisons chair :...
By Jeffrey Dastin and Sam Adams NEW YORK (Reuters) - If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp ? Reuters asked a cast of Wall Streets analysts, and the verdict is dealmaker and finance guru Safra Catz. The question is on investors' minds after Ellison, 70, promoted both Catz and sales leader Mark Hurd to the CEO position on Thursday, while taking on the role of executive chairman and chief technology officer himself. The move appears to be the first stage of Ellison's gradual withdrawal. ...

Exclusive: Frances Iliad sets mid-Oct deadline for T-Mobile US bid - sources
By Sophie Sassard and Arno Schuetze LONDON/FRANKFURT (Reuters) - French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said. Deutsche Telekom, which owns 66 percent of the fourth-largest U.S. carrier, has doubts that Iliad will be able to improve the U.S. business since the French startup has no track record in the country, a source close to the German company's management said. ...

German defense industry threatens to move production abroad
FRANKFURT (Reuters) - Germany's defense industry lobby has warned that companies were looking into shifting production abroad in response to the country's restrictive arms export policy. "All large defense contractors in Germany are assessing whether they can stay in the country in the long run," Armin Papperger, the chief executive of Rheinmetall and head the German defense industry association, was quoted as saying by newspaper Sueddeutsche Zeitung on Saturday. ...

U.S. court voids RadioShack class-action settlement over card receipts
By Jonathan Stempel (Reuters) - A federal appeals court on Friday voided RadioShack Corp's class-action settlement with customers who objected to its putting credit and debit card expiration dates on receipts, saying the benefits of the accord appeared too small relative to the proposed legal fees. The 7th U.S. Circuit Court of Appeals in Chicago said there was no showing that the proposed $1 million fee was reasonable for a settlement calling for roughly 83,000 class members to each receive a $10 voucher redeemable at RadioShack stores. ...

U.S. judge orders discovery to begin in some GM ignition switch cases
By Jessica Dye (Reuters) - A federal judge in Manhattan on Friday ordered discovery to begin for some cases filed against General Motors Co in connection with its recall of millions of cars for a faulty ignition switch. U.S. District Judge Jesse Furman in the Southern District of New York said plaintiffs could begin requesting documents from the company related to accidents, injuries and lost vehicle value linked to the switch that allegedly occurred after GM emerged from bankruptcy in 2009. ...

Air France pilots extend strike until Sept. 26
By James Regan and Gregory Blachier PARIS (Reuters) - Air France pilots have voted to extend their week-long strike over cost cuts and plans for the company's Transavia unit by a further four days until Sept. 26, the head of the SNPL union said on Saturday. More than four-fifths of the 74 percent of pilots who took part in the ballot agreed to pursue the industrial action beyond the current deadline of Monday, said Jean-Louis Barber, head of the Air France section of the SNPL. "It could continue even further (beyond Sept. ...

The history of the Predator, the drone that changed the world (Q&A)
Longtime Pentagon correspondent Richard Whittle investigated the unmanned aircraft that gave the military the ability to attack targets from the other side of the world. He talked to CNET about the drone.>

Touch, hear, pal around in a virtual world: Oculus execs discuss the future
At firm's first confab for developers who'll make games to run on its headset, execs discuss, among other things, the trickiness of the controllers that'll let players pick up and move objects.>

Ex-NBA star arrested for allegedly stealing from Apple store
Rex Chapman, formerly a player and executive in the NBA, is accused of stealing $14,000 worth of merchandise from the Apple store in Scottsdale, Ariz.>

Oculus closer to launch with new virtual reality headset
"Crescent Bay" prototype promises a better display and new sensors to track player's movements while using the device.>

Man says he stood 44 hours in iPhone 6 line to win back wife
A Polish-born man in the UK says he split with his wife recently and getting an iPhone 6 might provide a path to getting her back.>