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Snap news

The latest on Wednesday,

- BNP Paribas posts CIB loss, could cut 700 jobs — Reuters.

- UK Competition Commission recquires BAA to sell Stansted, Gatwick and Edinburgh airports — statement.

- Corporate: Anglo American to cut 2009 capital expenditure in half, Sports Direct 26-week underlying profit before tax up 3 per cent, National Express says on target to meet 2008 profit expectations, Savills says 2008 profit will be “significantly below” analyst forecasts.

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