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Vienna convention to boost India gold export

Jewellery exports and quality of India's gold is set to get a boost with the decision to join the Convention on Control and Marking of Articles of Precious Metals known as Vienna Convention 1972.

Banks boost European shares

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European shares rose on Thursday morning, with the banking sector higher ahead of the European Central Bank's interest rate decision and its news conference likely to focus on bank stress tests. Banking stocks featured among the top performers on expectations the tests will not be as stringent as feared. Lloyds Banking Group (LLOY.L), BNP Paribas (BNPP.PA) and Barclays (BARC.L) rose 2.4-3.3 percent.

Europe to mark down Greek debt in bank tests

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Stress tests on European banks need to mark down the value of Greek government debt by about 16 percent, sources said, as regulators haggled over how much detail to reveal about the health checks.
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AstraZeneca loses generic drug case versus EU

A European Union court backed an EU antitrust decision against Anglo-Swedish drugmaker AstraZeneca Thursday, lending weight to a regulatory crackdown on firms blocking cheaper drugs coming to market.
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Dutch Layar signs global augmented reality deals

Netherlands-based Layar, a provider of augmented reality software, signed deals to be distributed on a third of smartphones worldwide and predicted a boost in the use of its technology, which combines real-world images with computer-generated images on a screen.
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EU wants details of 2011 Spain, Portugal fiscal plans

Spain's and Portugal's fiscal tightening plans this year and next are appropriately ambitious but both countries should spell out in more detail austerity steps planned for 2011, the European Commission said on Tuesday.
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EU exec says Spanish, Portuguese fiscal plan enough

Spain's and Portugal's fiscal tightening plans this year and next are appropriately ambitious, the European Commission said, as it approved progress in fiscal consolidation also in 10 other European Union countries.
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Aussie dads lead world in parenting

Australian dads may do less housework and childcare comparing to Australian women but new research shows that Australian dads fare better than fathers in Italy, France and even Denmark.
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Pakistan blocks Facebook over caricatures

The Pakistan Telecommunication Authority directed Internet service providers to block Facebook indefinitely on Wednesday because of an online competition to draw the Prophet Mohammad.
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Portugal agrees on new austerity measures

Portuguese leaders agreed tough new austerity measures on Thursday, joining a coordinated euro zone push that has so far calmed the markets' worst fears of a Greek-style debt crisis spreading.
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Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in the iceberg-infested waters off Greenland. The island, an autonomous territory under Danish sovereignty, this week conducted an auction for 14 blocks in Baffin Bay, off the northwest coast of Greenland near Canadian territorial waters. Results will be announced in August.
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Europe charts route for electric car roll-out

Europe took the first steps toward a massive roll-out of electric vehicles on Wednesday, backing up past rhetoric with plans for pan-European standards that the industry has cried out for.
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Study launched on health impact from mobile phones

A new decades-long study examining the link between the use of mobile phones and long-term health problems such as cancer and neurological diseases launched on Thursday across five European countries.
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Breast cancer screens don't save lives: study

(Reuters) - Nordic scientists said on Wednesday they had found no evidence that screening women for breast cancer has any effect on death rates, adding to an already fierce international debate about routine testing.
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Big auto and EU face off over green van targets

Europe's vanmakers have gone a long way toward meeting proposals to curb climate-warming emissions, but as debate on the 2016 targets kicks off big auto is seen digging its heels in over the last mile.
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Woman has 2 babies in first for ovarian transplant

Claus Yding Andersen, the Danish doctor who treated the woman, said the case showed how this method of storing ovarian tissue was a valid method of fertility preservation and should encourage the technique to be used more in girls and young women facing treatment that may damage their ovaries.

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