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Ericsson sees strong 2011 as data traffic explodes

Ericsson forecast strong demand for mobile broadband equipment in 2011 after a surge in fourth-quarter sales on the back of consumer demand for smartphones boosted growth for the first time in two years.
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Facebook Gets New Curbs In Germany

Facebook's German business has run into new restrictions on what it can do with email addresses, giving users more control over what happens to the names on their contact lists.
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Recovery builds but Europe, inflation pose risks: IMF

Europe needs to strengthen its financial rescue fund to reduce the risk of renewed global instability as U.S. tax cuts and buoyant emerging economies help propel the recovery elsewhere, the IMF said on Tuesday.

German consumer sentiment continues to improve

German consumer sentiment continued its upward trend in January as a propensity to buy improved significantly and economic expectations remained high, market research group Gfk said on Tuesday.
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U.S. tax cuts give world growth a boost: IMF

A package of U.S. tax cuts should give a lift to a global economic recovery that had already begun to gain speed late last year, the IMF said on Tuesday as it revised its world growth forecast higher.
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Huawei sues to alter Motorola-Nokia Siemens deal

China's Huawei Technologies Co Ltd has filed a lawsuit to block Motorola from selling one of its business units to Nokia Siemens Networks, demanding that the $1.2 billion deal be altered to avoid infringing on intellectual property rights.
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WikiLeaks founder Assange slams Swiss banker arrest

The founder of whistleblower site WikiLeaks attacked Switzerland on Sunday for arresting a Swiss banker on suspicion of breaching banking secrecy instead of investigating the tax evasion he said he had uncovered.

Eurozone PMIs reveal solid start to the year

Factories in the euro area witnessed strong price increases in January while the services sector too posted better-than-expected growth, suggesting the eurozone has made a solid start to the year.
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Weak TV sales hit Philips Q4 profit

Philips Electronics blamed weak TV sales for disappointing fourth-quarter profit and warned that consumers in mature markets will be reluctant to spend this year.

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