FedEx posts bigger loss, issues gloomy outlook

Ex-CEO Greenberg defends AIG fund actions

Philly Newspapers gets bankruptcy plan extension

Funds to shut nuclear plants fall short

US defense companies woo buyers at Paris Air Show

UK unemployment rate rises to 7.2 percent

Beijing orders 'Buy China' for stimulus projects

Oil falls to around $70 on mixed US economic signs

• Stocks point to flat open ahead of data

World stocks down as investors fret over valuation

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