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January 06, 2011 08:10 AM IST A federal judge has ordered the Interior Department to put on hold a request for a bid to upgrade its email system that Google Inc said favored Microsoft Inc.
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January 06, 2011 08:10 AM IST After years of trade policy stalemate, there could be big strides in 2011 with approval of US trade deals with South Korea, Panama and Colombia, Russia's entry into the World Trade Organization and perhaps even the end of the longest-ever round of global trade talks.
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January 05, 2011 10:12 PM IST Pennsylvania State Police have agreed to stop issuing disorderly conduct citations to people who use profane language, the American Civil Liberties Union (ACLU) said.
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January 05, 2011 10:12 PM IST JP Morgan plans a big expansion in Switzerland, particularly in private banking in Geneva, adding more than 400 jobs in total, the co-head for the US bank in Switzerland was quoted as saying on Wednesday.
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January 05, 2011 09:36 PM IST Pet lovers in Massachusetts are optimistic the governor will sign into law this week that will allow them to designate in a will who should care for a pet after the owner's death.
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January 05, 2011 09:36 PM IST White House press secretary Robert Gibbs is leaving his position to work as an outside adviser for President Barack Obama's re-election campaign, an administration official said on Wednesday.
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January 05, 2011 09:36 PM IST French midfielder Ousmane Dabo is set to join Major League Soccer but the former Manchester City and Lazio player has admitted his name is unlikely to sell many shirts.
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January 05, 2011 08:53 PM IST British retailer HMV may need to close hundreds of stores and sell its Waterstone's book chain to provide the money to accelerate its shift away from declining CD and DVD markets and secure its long-term survival.
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January 05, 2011 08:39 PM IST Album sales fell by seven percent in Britain last year, despite a 30% jump in the number of digital albums purchased, industry lobby group the BPI said on Wednesday.
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January 05, 2011 08:39 PM IST A South African actress who played Barack Obama's mother in an Indonesian movie about the US president's early life has been arrested and charged with drug possession, Jakarta police said on Wednesday.
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January 05, 2011 04:33 PM IST Rising protectionism could kill off some multi-billion-dollar international takeovers this year, bankers say, noting that governments are increasingly keen to protect their national icons.
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January 05, 2011 04:30 PM IST A former employee of American International Group has filed a lawsuit claiming that PricewaterhouseCoopers (PwC) was negligent in its audits of AIG and that the board of the bailed-out insurer failed to pursue a claim against the accountants.
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January 05, 2011 12:13 PM IST China will let the yuan rise about 5% against the dollar in 2011 as it needs a stronger currency to combat inflation and avert asset bubbles, an official newspaper said on Wednesday.
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January 05, 2011 11:09 AM IST Federal Reserve officials in December felt the US economic recovery was still weak enough to warrant monetary support despite growing signs of strength, Fed meeting minutes released on Tuesday showed
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January 05, 2011 08:35 AM IST Samsung Group will boost investment by nearly one-fifth to a record amount this year, seeking to build new businesses and to widen its lead in technology sectors such as display screens, South Korea's largest business group said on Wednesday.
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January 05, 2011 08:28 AM IST Goldman Sachs is not giving its multimillionaire clients a lot of time or information to think about investing in a USD 1.5 billion Facebook private offering.
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January 05, 2011 08:18 AM IST Morgan Stanley has named Jim Rosenthal, the bank's head of technology, as chief operating officer, according to an internal memo obtained by Reuters. A company spokeswoman confirmed the memo's accuracy.
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January 05, 2011 08:18 AM IST ArcelorMittal said on Tuesday it would not raise its C$550 million ($550 million) bid for miner Baffinland, which owns vast iron ore deposits in the Canadian Arctic.
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January 05, 2011 08:18 AM IST The governor of Pakistan's central Punjab province, a senior member of the ruling party, was shot dead by one of his bodyguards on Tuesday, deepening a political crisis in the nuclear-armed South Asian nation.
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January 05, 2011 08:15 AM IST The efforts by Facebook to raise as much as USD 1.5 billion outside of regulated markets is the latest test of the walls between private and public markets.
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January 05, 2011 08:15 AM IST The US Commerce Department issued a final ruling on Tuesday that China was selling steel drill pipe at unfairly low prices in US markets.
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January 05, 2011 08:15 AM IST New York Governor Andrew Cuomo plans to improve regulation of Wall Street with a smaller state government that would merge the Banking and Insurance departments, Cuomo told a radio station on Tuesday.
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January 05, 2011 08:15 AM IST Oil prices have risen into a "danger zone" that could harm the global economic recovery, the chief economist of the International Energy Agency told the Financial Times, reiterating a warning he made last month.
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January 05, 2011 08:15 AM IST Seven automobile insurance firms have followed Allstate Insurance Co in suing Toyota Motor Corp to recover money they paid in claims for car crashes blamed on unintended acceleration of Toyota vehicles.
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January 05, 2011 08:15 AM IST Australia's Qantas Airways is set to announce this week the resumption of its Airbus A380 flights to Los Angeles from January 17, the Australian Financial Review said on Wednesday in an unsourced report.