CHINA

Syrian Uprising Creeps Into a Wary Lebanon

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The Syrian army's attempt to suppress a months-old popular uprising have increasingly involved Lebanon, a destination for fleeing dissidents and a country whose politics are deeply intertwined with the Syrian regime.

Loonie strengthens as markets await Fed

The Canadian dollar strengthened against its U.S. counterpart in early trade on Wednesday as global markets settled between hope and fear amid Greek debt developments and ahead of a Federal Reserve meeting.
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French military civil security forces train in preparation for the Cannes G20 summit in Nogent le Retrou

Glamorous Cannes Turned into Armed Camp for G20 Summit

The glamorous and easy-going Riviera resort of Cannes turns into a fortified camp this week as French police prepare for the arrival of world leaders for a G20 summit set to be hijacked by fears that a euro zone crisis relief plan is unraveling.
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Lenovo Q2 Profit up 88%, Beats Forecast

Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.
A salesperson waits for customers at a Lenovo shop in Shanghai

Lenovo Q2 Net Profit up 88 Percent, Beats Forecast

Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.
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Asian Stocks Continue Slide on Greek Vote Fallout

Asian shares fell and the euro stuck near 3-week lows against the dollar on Wednesday, as investors shed riskier assets after Greece's shock call for a referendum stoked fears about the viability of a European debt deal struck just last week.
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Analysis: Wild market may send investors home early in 2011

So much for euphoria.Having soared just days ago on a pledge by European leaders to prop up euro zone banks and stem the spread of a festering debt crisis, world stock markets and the euro came crashing back to earth this week as Greece's government hovered near collapse.
A general view shows the plenum as Israel's Prime Minister Netanyahu speaks at the Israeli parliament in Jerusalem

U.S. Fears Israeli Strike on Iran

Washington has been applying the pressure on the UN Security Council to level new sanctions on Tehran as fears arise that Israel will conduct a unilateral strike against Iran's suspected nuclear facilities, the Israeli newspaper, Yedioth Ahronoth, reported.
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Banks Sink on Greek Vote Bombshell

French banks and lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.
Greece's PM Papandreou

Greece Risks Meltdown After Bailout Vote Bombshell

The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.African stocks fall for 2nd day led by miners

South African stocks ended sharply lower on Tuesday, extending the decline to two days as investors worldwide offloaded risky assets after Greece's shock move to hold a referendum on a rescue deal.
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F1 Teams Eye Indian Sponsorship Pie

The indifference shown by the majority of India's deep-pocketed corporates toward Formula One has baffled team bosses who expect them to warm to the sport following the success of last weekend's inaugural Indian Grand Prix.
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Sarkozy and Merkel to speak Tuesday on Greece

French President Nicolas Sarkozy will discuss Greece's decision to hold a referendum on its bailout deal with German Chancellor Angela Merkel on Tuesday afternoon and then hold an urgent ministerial meeting, Sarkozy's office said.
North American pollution causes wheat production in Europe

Cyber Attacks on Chemical and Defense Industries Traced Back to Man in China

Multiple Fortune 100 companies were the victims of a coordinated series of cyber attacks dubbed Nitro, says security firm Symantec Corp. At least 48 firms - all of which are involved in the chemical and defense industries - were subject to the attack, which has been traced back to a computer system owned by a man in his twenties working out of northern China.

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