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Nokia CEO Stephen Elop walks under a graphic of the new Nokia Lumia smart phone as he speaks at the Nokia World event in London

Nokia aims to undercut rivals with volume focus

Nokia plans to undercut its Windows Phone rivals to give its new smartphones a foothold in the market before trying to improve margins, its Chief Executive Stephen Elop said on Wednesday.
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Obama says lack of political will to solve Europe

President Barack Obama said on Wednesday he was deeply concerned about the continued euro zone crisis, blaming it on a lack of political will, and that market turmoil would continue until Europe has a concrete plan to deal with its debt woes.
The headquarters of the European Central Bank (ECB) is pictured in Frankfurt

ECB Intervenes to Stop European Bond Rout

The European Central Bank stepped in to stem an accelerating selloff of euro zone government bonds on Wednesday, traders said, after the United States called for more decisive action to halt the spreading sovereign debt crisis.
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Keen video-gamers' brains may reward them more

Teenagers who spend a lot of time on video-games have different structures and activity levels in areas of the brain that are linked to reward, scientists have found, suggesting they get more out of gaming than people who tend to play less.
Oenologist Asli Odman tests wine in the Pendore vineyard in the western Turkish village of Kemaliye in the Aegean region, August 28, 2009.

Best Wine for Thanksgiving? Not One But Many

Thanksgiving, the U.S. holiday that anyone who likes to eat loves to celebrate, is just a week away and experts agree there is not one perfect wine to accompany the feast, but many.
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Euro zone barely grows in Q3, recession looms

The euro zone economy grew just 0.2 percent in the third quarter as solid growth in Germany and France was dampened by countries at the sharp end of the debt crisis and economists expect a slide into recession by early next year.

Keen Video-Gamers' Brains May Reward Them More

Teenagers who spend a lot of time on video-games have different structures and activity levels in areas of the brain that are linked to reward, scientists have found, suggesting they get more out of gaming than people who tend to play less.
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Australia court to hear Samsung-Apple case in March

An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.
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Germany, France post solid growth, outlook bleaker

The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across the 17-country currency bloc.
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Italy's Monti center stage, France alarm bells

Prime Minister-designate Mario Monti raced to assemble a new government for Italy on Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second biggest economy.
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Euro zone posts growth, but downturn seen likely

The 17-nation euro zone economy grew a modest 0.2 percent in the third quarter from the second, the EU said on Tuesday, lifted by France and Germany, but economists say the bloc is almost certainly heading for a recession.
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Shares extend losses, France in spotlight

European shares and the euro fell on Tuesday as investors renewed selling of Italian and Spanish bonds, while a sharp rise in French yields pointed to a growing risk that the two-year debt crisis may spread to one of the region's big two economies.
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Australian Court to Hear Samsung-Apple Case in March

An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.
Former European Commissioner Mario Monti leaves a hotel in Rome

Italy's Monti to Discuss 'Sacrifices' With Parties

Prime Minister-designate Mario Monti meets the leaders of Italy's biggest two parties on Tuesday to discuss the many sacrifices needed to reverse a collapse in market confidence that is driving an ever deepening euro zone debt crisis.
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Italy's Monti to discuss sacrifices with parties

Prime Minister-designate Mario Monti meets the leaders of Italy's biggest two parties on Tuesday to discuss the many sacrifices needed to reverse a collapse in market confidence that is driving an ever deepening euro zone debt crisis.

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