Bill to tighten foreign takeovers stalls
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Legislation to tighten rules on approving foreign takeovers of American companies has stalled in the U.S. Congress until after the November elections, House and Senate lawmakers said on Friday.
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Chinese lawmakers are set to pass legislation this week that would limit foreign acquisitions in China on national security grounds.
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WASHINGTON - The Senate, in an unusual Sunday session, saw its effort to pass a sweeping corporate tax bill grind to a halt in the face of delaying tactics by a Louisiana senator upset that the measure did not include pay support for members of the Reserves and National Guard.    By a 66-14 vote, lawmakers did agree to limit debate on the tax bill, which provides $136 billion in new tax breaks for businesses and $10.1 billion separately to buy out tobacco farmers' government quotas...
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WASHINGTON - The Senate, in an unusual Sunday session, saw its effort to pass a sweeping corporate tax bill grind to a halt in the face of delaying tactics by a Louisiana senator upset that the measure did not include pay support for members of the Reserves and National Guard.    By a 66-14 vote, lawmakers did agree to limit debate on the tax bill, which provides $136 billion in new tax breaks for businesses $10.1 billion to buy out tobacco farmers' government quotas...
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The UK Gambling Bill, which will allow Las Vegas-style super-casinos in Britain, passed its first regulatory hurdle in the face of opposition from some members of Prime Minister Tony Blair&#39;s Labour party.
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Plans for the U.S. Congress to  approve a landmark deal that would allow India to buy U.S.  nuclear fuel and reactors hit a snag on Wednesday when  Republican leaders in the House of Representatives halted  action on the legislation, congressional sources said.
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Lawmakers at the Senate have delayed a controversial bill that would make it easier to sue online file-trading networks because there is too much opposition to it.
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A controversial immigration bill suffers a setback in the US Senate, as a bipartisan deal threatens to unravel.
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Ministers from trade powers tried on Sunday to push forward talks for a long-delayed deal to boost global commerce and ease poverty which risks running out of time this year.
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Move comes amid increasing impatience at failure to achieve progress in power-sharing talks with government
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The House of Representatives on  Wednesday overwhelmingly passed a business-backed bill that  would tighten rules for federal review of foreign takeovers of  U.S. companies without discouraging such investments.
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The House is scheduled to take up legislation this week aimed at putting new curbs on no-bid contracts and cost overruns, the first of several congressional initiatives seeking to place new limits on government contractors.
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Business & money: Forceful presentation fails to sway all investors while target says proposal is still 'dead in the water'
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US senators fail to proceed to an early vote on a landmark immigration bill, in effect scuppering the measure.
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BAGHDAD -- Legislation to manage Iraq's oil industry won Cabinet approval yesterday and could go before parliament for ratification within days, but political wrangling raised the possibility of delays in passing the long-stalled measure.
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Key senators tentatively agreed on a plan to revive a stalled immigration bill on Thursday, aided by President Bush's support for a quick $4.4 billion aimed at "securing our borders and enforcing our laws at the work site."
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The Spanish bank poised to take over Britain&#39;s Abbey National will walk away if the Â£8.2bn (â¬12.1bn) deal is stalled by competition concerns, it was reported today.