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FOMC

All Eyes On April FOMC, US 1Q GDP: Next Week’s Economic Events

The Federal Open Market Committee meeting on April 24-25, Fed Chairman Ben S. Bernanke's comments during the post-meeting press conference, and an advance reading on U.S. gross domestic product in the first quarter will dominate the economic calendar next week.

G20 pledges more than $430 billion for IMF

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The Group of 20 nations on Friday pledged more than $430 billion to better than double the International Monetary Fund's lending capacity and protect the global economy from the euro zone's debt crisis.
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A 2012 Ford Focus

Ford Plans $760 Million Factory in China

Ford Motor Co. (NYSE: F) said Thursday it will build a $760 million assembly plant in Hangzhou as part of a plan to double its production capacity in China by 2015 and catch up with global rivals.
Emerging Markets

Emerging Powers Ready To Give Billions To IMF

Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
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Emerging powers ready to give IMF billions

Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
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Johnson Controls Posts Quarterly Profit Gain

Johnson Controls Inc. (NYSE: JCI), the world's No. 1 maker of car batteries, said Friday its fiscal second-quarter profit rose but excluding one-time benefits the company's profit fell 5 percent.
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German Business Morale Up For Sixth Straight Month

German business sentiment unexpectedly rose for the sixth month in a row in April in a sign that Europe's largest economy continues to outpace peers and shrug off persistent worries about the euro zone debt crisis.
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Analysis: China poised to crank up capital account opening

China is poised to boost quotas on outbound investment schemes to $100 billion and cut barriers to moving foreign currency in and out of the country in a series of swift but small steps to crank open its tightly controlled capital account.
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Emerging powers said ready to give IMF billions

Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
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Nestle posts strong Q1 growth from emerging markets

Nestle , the world's biggest food group, reported forecast-beating first-quarter organic sales growth of 7.2 percent on Friday as emerging market demand and price rises helped offset sluggish growth in the developed world.

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