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...acquire a 20% stake in NASDAQ, the high-volume New York City-based stock exchange known for its listing of star tech firms including Apple, Cisco Systems, Dell, Microsoft and Yahoo! Dubai's move demonstrates the fulsome financial power of a region possessing tidal liquidity--as much as $2??trillion, by some estimates--built up by two years of oil prices topping $60 per bbl. "Nothing can stop them," says Hassan Heikal, CEO of EFG-Hermes, the region's leading investment bank. "These guys have investment managers as good as their counterparts in global institutions...
...outdone, Dubai's regional rivals have been making some bold global deals of their own. Doha's Qatar Investment Authority is seeking some $2??billion worth of shares in two European stock exchanges, the LSE and Stockholm's OMX, as well as the purchase of the U.K. supermarket giant J Sainsbury. Abu Dhabi, like Dubai, a constituent part of the United Arab Emirates, says its Mubadala Development Co. will pay $1.35 billion for a 7.5% share of the U.S.-based private-equity investment firm Carlyle Group, which owns a diverse range of megacompanies, from chipmaker Freescale Semiconductor and nursing...
...2?? Increase in the cost of mailing a first-class letter, to 41¢, and a postcard, to 26¢, if the U.S. Postal Service carries out a recommended price hike...
...insists that she will never be as good as he is. "I have 45 years' experience. She'll never be able to catch up." His 6-year-old daughter may have a better chance. Already she is making her own kites to sell to neighborhood children at one afghani (2??) apiece...
While Simon was recovering from his bereavement, he met Actress Marsha Mason at an audition for The Good Doctor. The mutual attraction was immediate. He married her 2?? weeks after they met, "And that was with one postponement," he adds. Simon encountered little resistance to the abrupt romance from Joan's mother Helen Bairn or daughters Ellen, then 16, and Nancy, then 10. Nancy explains: "We responded to Marsha right away. She was warm and funny, and we needed to become a family again...