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Obama faces leadership test at U.N., G20

U.S. President Barack Obama begins his biggest week yet on the world stage, facing pressure for results on an agenda of rekindling Middle East peace talks, tackling climate change and reshaping financial regulations.

Mao's Last Dancer leaps onto movie screens

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He gained fame as one of China's best dancers and was at the center of an international crisis, but the real story of Li Cunxin may never have been told if it had not been for Li sitting down to write it.

Libya to buy Canadian oil producer Verenex

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Verenex Energy Inc, a Canadian oil producer focused on Libya, said on Friday it had entered into an agreement to be bought by a Libyan sovereign wealth fund, after the collapse of a deal reached with China.
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On tap: biggest week for IPOs since 2007

Next week is slated to be the biggest for initial public offerings in the United States in nearly two years -- and some say the resurgence could be sustainable.
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Taiwan city balks on Uighur film over China worries

Taiwan's second-largest city is reconsidering plans to show a film about Uighur leader Rebiya Kadeer over concerns it would upset China just weeks after the Dalai Lama's visit to the island, officials said on Friday.
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China regulator OKs 6 more firms for second board

China's securities regulator has approved another six firms' applications for listing on the country's second board in Shenzhen, a badly needed source of funding for start-ups in the world'sm third largest economy, the offical Xinhua news agency said on Friday.
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Airline workers may spread H1N1, expert says

Airline employees who report to work ill are more likely than sick passengers to spread infections such as the H1N1 swine flu virus aboard airplanes, with low-paid workers posing the greatest danger, a U.S. government expert said on Thursday.
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Galaxy sees Macau gaming recovery, welcome IPOs

Galaxy Entertainment Group Ltd, which reported its best half-year earnings since 2005, said it saw signs of recovery in Macau's gaming sector and would welcome Las Vegas operators listing their Macau assets in Hong Kong.
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Goldman to sell Sanyo stake for $648 mln profit

Goldman Sachs said it agreed to sell part of its stake in Japan's Sanyo Electric Co Ltd into a planned tender offer by Panasonic Corp, locking in 59 billion yen ($648 million) in profit.
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North Korea's nuclear vows fail to sway skeptics

North Korean leader Kim Jong-il told a visiting Chinese envoy he will work to end his country's nuclear arms program through multilateral talks in an apparent breakthrough, but similar vows in the past have not been met with action.
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G20 leaders set to curb bonuses, keep stimulus

World leaders are likely to agree to curb bank bonuses at next week's G20 summit and want evidence recession is over before they stop spending to prop up their economies, European heads of government said on Thursday.
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California moving to boost small solar projects

Solar power makers will get a boost in California, already their largest U.S. market, as it sharpens its focus on small-scale projects as part of efforts to get a third of its power from renewable energy.
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China's cancer villages bear witness to economic boom

One needs to look no further then the river that runs through Shangba to understand the extent of the heavy metals pollution that experts say has turned the hamlets in this region of southern China into cancer villages.
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China Inc: Not just a maker but new owner of fashion

After decades of Made-in-China garments, China's fashion industry is keen to move on from being just a mass manufacturer of clothes -- it wants to own western brands and to sell them to China's 1.3 billion consumers.
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G20 stands firm on economic support pre-summit

World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
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G20 firm on economic support

World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Thursday, while France appeared to tone down its rhetoric on the issue of bank bonus caps.
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China anniversary puts security jitters on show

The Chinese government is flooding Beijing with armed police and up to one million security volunteers to head off any unrest over October's sensitive anniversary of 60 years of Communist Party rule.

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