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Investors check out on bland Check Point outlook

Internet and network security provider Check Point Software Technologies said it expected to meet second-quarter estimates, after reporting a rise in first-quarter net profit that beat forecasts on strong sales of its new products.

Wall Street tumbles 1 percent on Europe woes

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Stocks fell more than 1 percent on Monday as renewed anxiety over Europe's economy and the region's debt crisis spurred profit-taking, while Wal-Mart weighed on the Dow after a report it stymied a probe into bribery allegations.

Volkswagen to invest $225 million in new Chinese plant

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Volkswagen , the world's second largest carmaker, will invest about 170 million euros ($225 million) building a new plant in Urumqi, western China, capable of making 50,000 vehicles annually starting 2015, the company said on Monday.
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Stock futures point to sharply lower open on Europe woes

Stock index futures pointed to a sharply lower open on Monday on weak European data and renewed anxiety over how the region would tackle its debt crisis, while Wal-Mart slumped after a report it stymied a probe into bribery allegations.
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China sees trade with Germany near doubling by 2015

China and Germany, the world's two biggest exporters, can nearly double their bilateral trade in the next three years, but must also improve their market access and combat protectionism, Chinese Premier Wen Jiabao said on Monday.
1.Bugatti Veyron Super Sport

Top 10 Supercars In 2012 [PHOTOS]

In the meantime, New-York based Wall street Journal (WSJ) put out a list that includes ten of the fastest super cars in the world for 2012, along with each car's specifications. Click on the slideshow above to view the list.
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Check Point Software Q1 profit beats estimates

Internet and network security provider Check Point Software Technologies reported higher first-quarter net profit that beat estimates on Monday, boosted by sales growth and new products.
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China's Alibaba.com Q1 profit slumps 25 percent

Alibaba.com Ltd, China's largest listed e-commerce company, posted a 25 percent slide in first-quarter earnings on Monday, weighed by a stagnant paying member base and higher operating expenses.
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Analysis: Lagarde's next battle at IMF: power shift

Fresh from a big victory in raising $430 billion for the International Monetary Fund, Christine Lagarde's tougher test as head of the global lender will be finding a way to give emerging economies more influence.
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Europe pressed for action to end debt crisis

Global finance chiefs pressed Europe in weekend talks to quickly put in place the economic reforms needed to finally extinguish its debt crisis now that newly increased financial buffers have bought some precious time.
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European political fears send euro, shares lower

The euro edged down from two-week highs and shares weakened on Monday as political developments in France and the Netherlands raised fears about the region's commitment to tackle its ongoing debt crisis.
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Shares and euro ease, but China PMI supports

Asian shares and the euro eased on Monday, but losses were kept in check after a report showed Chinese factory activity stabilizing in April, alleviating worries about a sharp growth slowdown in the world's second-largest economy.
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IMF chief seeks fresh funds for poor countries

The head of the International Monetary Fund on Sunday renewed a push to fully fund a $17 billion lending package for poor countries, which are threatened by high oil prices and the risk of euro-zone contagion.
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Wal-Mart's Mexico probe could lead to departures at the top

Allegations that Wal-Mart Stores Inc stymied an internal investigation into extensive bribery at its Mexican subsidiary is likely to lead to years of regulatory scrutiny and could eventually cost some top executives their jobs, analysts said.

Lamborghini SUV Urus Plus 4 Other Fantastical Luxury SUVs [PHOTOS]

The idea of a luxury SUV might have seemed something of fiction just a few short years ago; but the fantastical might just become reality. Lamborghini unveiled its luxury SUV, the Urus, at the Beijing Auto Show, and other luxury SUVs might not be too far behind.
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G20 doubles IMF's war chest amid fears on Europe

Leading world economies on Friday pledged $430 billion in new funding for the International Monetary Fund, more than doubling its lending power in a bid to protect the global economy from the euro-zone debt crisis.
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BofA board $20 million settlement called inadequate

Bank of America Corp directors, who were sued by shareholders for allegedly paying too much for Merrill Lynch & Co in 2008, must defend a proposed $20 million settlement of the claims in federal court in New York, court papers show.

Lamborghini SUV: ‘Urus’ Price, Specs, Pictures Leaked [PHOTOS]

Rumors regarding the possibility of a Lamborghini SUV (sports utility vehicle) called the Deimos have been circulating for a while now. All signs suggest that the luxury car company is set to debut its first SUV, but according to China Car Times, the all-terrain powerhouse will be called the Urus, instead, and it will likely make an appearance at the Beijing Auto Show at the end of April.
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Greenberg says it discussed hiring Dewey lawyers

Law firm Greenberg Traurig LLP on Friday said it has had preliminary discussions about hiring lawyers from Dewey & LeBoeuf LLP, which is struggling amid high debt and a raft of partner defections.
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Google ex-CEO's salary rises to $1.25 million from $1

Google Inc's former chief executive Eric Schmidt received a bump in his annual salary to $1.25 million from the $1 he received in the previous year, after he became the executive chairman of the company in April 2011.

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