US shares have opened higher on the news of former US Treasury Secretary Larry Summers' withdrawal from the race to be head of the US central bank. He was among the front-runners to succeed Ben Bernanke as head of the Federal Reserve, one of the most powerful jobs in the US. via Pocket http://www.bbc.co.uk/news/business-24109718#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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