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Geithner wants growth-friendly fiscal reform

Group of 20 nations must agree to put public finances back on a sustainable path but in a way that doesn't choke off global recovery, Treasury Secretary Timothy Geithner said on Wednesday.

Butt test shows U.S. cigarettes high in chemicals

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(Reuters) - Americans inhale more cancer-causing agents with their cigarettes, probably because of the tobacco blend, while smokers in Canada, Britain and Australia get less, U.S. researchers reported on Tuesday.

Canada probes Google on wireless data collection

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Canada has launched a probe into Google Inc as legal problems escalate surrounding the search engine's disclosure that it collected private data while taking photographs for its Street View product.
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Bank of Canada first in G7 to hike rates

The Bank of Canada raised its key interest rate on Tuesday, the first G7 industrialized economy to do so after the global recession, but said the European debt crisis made its next move highly unpredictable.
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EUR/USD … silence before the storm ?

Good morning dear traders, .... there is not much to report of yesterday´s trading day as there have been only little trading chances due to very low volatility in the markets.
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Australian Dollar Outlook 01/6/2010

The AUD has opening relatively unchanged this morning due to the quiet offshore trading session as the US and UK markets were closed for public holidays.
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G20 ministers to discuss Europe at Korea G20 meeting

There will be considerable discussion about the European economy at the G20 meeting of finance officials and central bankers in Busan, South Korea, this weekend, a senior Canadian finance official said on Monday.
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Apple says sold 2 million iPads

Apple Inc said it sold 2 million iPads since launching the touch-screen tablet in the United States nearly two months ago and taking it to nine international markets this past weekend.
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Emerging markets to drive growth in oil storage

Surge in crude oil storage capacity in emerging markets will help lift global average annual growth rate (AAGR) in oil storage capacity by 4.9% during 2009-15. Emerging markets constitute 26% of the global storage capacity, according to an analysis by Research and Markets.
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U.S., Canada, Germany and Japan Back to Pre-2003 Industrial Production Levels

An interesting chart from the Bank of Japan's latest monthly economic report. Japanese capacity utilization is way down. Around 20% of manufacturing facilities are standing idle. This is an improvement from the beginning of 2009, when 35% of capacity was shut down. But a marked decrease from pre-financial-crisis levels, when there was almost no excess capacity to be found.
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Apple's iPad goes global

Fans mobbed Apple Inc stores in Europe and Asia as the iPad went on sale outside the United States on Friday, with some shoppers having queued all night to buy one of the coveted tablet computers.
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Apple iPad frenzy spreads abroad

Diehard fans mobbed Apple Inc stores in Europe and Asia as the iPad went on sale outside the United States on Friday, with some shoppers having queued all night to buy one of the coveted tablet computers.
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Buyers flock as Apple's iPad hits Asia

Apple Inc's iPad launched in overseas store shelves on Friday, with buyers storming Japanese and Australian shops to be among the first outside the United States to snap up the long awaited tablet PC.
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Apple's iPad hits Asia in international debut

Apple Inc's iPad hit overseas store shelves on Friday, with buyers storming Japanese and Australian shops to be among the first outside the United States to snap up the long-awaited tablet PC.
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Apple's iPad hits Japan in international launch

Apple Inc's iPad made its overseas debut on Friday, with buyers storming Japanese and Australian shops to be among the first outside the United States to snap up the long-awaited tablet PC.
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iPad makes splash in international debut

Apple Inc's iPad hit overseas store shelves on Friday, with buyers storming Japanese shops to be among the first in Asia to snap up the long-awaited tablet PC.
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Sony to launch e-reader in Japan, take on Apple

Sony Corp said on Thursday it would launch an e-reader and online content distribution service in Japan by year-end, taking on rival Apple Inc whose iPad hits shelves in the country on Friday.
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U.S. recovering but may not be self-sustaining: OECD

The U.S. economic recovery is building thanks to the government's helping hand, but it is not yet clear how well growth will hold up once those supports are removed, the OECD said in a report released on Wednesday.
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US may lose top wheat exporter rank after 65 yrs

World's largest wheat exporter, the US is likely to lose its position to Black Sea states, warned US Department of Agriculture. According to a report from the USDA, Black Sea states of Kazakhstan, Russia and Ukraine look set to raise wheat exports by one half to more than 50m tonnes by the end of the decade, overtaking US for the first time since second World War.
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Fashion-Apparel Beat:Cadmium in jewelry scare

The Associated Press story on cadmium in Miley Cyrus jewelry has created a scare about adverse health effects of jewelry in both children and adults. However, Fashion Jewelry and Accessories Trade Association (FJATA) has come out against the story stating that the agency has relied on private testing conducted by Prof Jeffrey Weidenhamer which they are not willing to share with FJATA.
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Rio Tinto: tax makes Australia top sovereign concern

Global miner Rio Tinto said it is reviewing all investments in Australia due to a proposed new tax, describing the country as its No.1 sovereign risk concern and sending a weak Australian dollar even lower.

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