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Greece to decide on EU/IMF aid within weeks

Greece will decide within weeks on whether to activate a euro zone aid package, Prime Minister George Papandreou said, as a poll showed austerity measures had begun hitting Athenians' pocket books.
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Cellphone satnav use surging in Europe

Europeans are increasingly using their cellphones for satellite navigation in cars, directly threatening the personal navigation industry, research firm comScore said Friday.
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Greece asks for talks, closer to aid request

Greece asked on Thursday for official talks with European authorities and the International Monetary Fund, a step toward Athens obtaining billions of euros in emergency loans.
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Germans target nine suspects in HP bribery probe

German authorities say they have targeted nine suspects, including former staff of Hewlett-Packard Co , in a probe into whether the world's top PC maker paid bribes to win business in Russia.
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Sweden, Canada outrank U.S. on healthcare

(Reuters) - People living in countries with government-run healthcare systems like Sweden and Canada are far more confident than Americans that their families can get good, affordable care, according to a 22-nation survey released on Thursday.
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EU's Rehn: Greece will not default

There is no possibility that Greece will default on its debts and no reason to doubt Germany's commitment to an EU pledge to help Greece, the European Union's monetary chief said on Thursday.
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U.S. earnings, China growth propel Asia stocks

Asian stocks rose and neared 22-month highs on Thursday after U.S. tech and financial firms beat earnings forecasts and China's accelerating economic growth underpinned hopes of a broad, global economic recovery.
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Apple delays iPad's international launch

Apple Inc said it would delay for one month the international roll-out of its iPad tablet computer, due to heavy demand and swift sales after its launch in the United States.
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Can gold save Greece from the torrid fiscal mess?

Greek literature boasts three great writers of tragedy: Aeschylus, Sophocles, and Euripides in the olden days. But, now Greek tragedy has nothing to do with literature. It is all about money or rather Euro. In the ancient days, the largest festival for Greek tragedy was the Dionysia held for five days in March or April, for which prominent tragedians usually submitted three tragedies and one satyr play each. In 2010, Greek Tragedy is again performed in March-April with three major players like G...
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Gold in old & new Greek tragedy!

Greek literature boasts three great writers of tragedy: Aeschylus, Sophocles, and Euripides in the olden days. But, now Greek tragedy has nothing to do with literature. It is all about money or rather Euro. In the ancient days, the largest festival for Greek tragedy was the Dionysia held for five days in March or April, for which prominent tragedians usually submitted three tragedies and one satyr play each. In 2010, Greek Tragedy is again performed in March-April with three major players like G...
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Ford says cautiously open to partnerships

Ford Motor Co is open to partnerships in green car technology but will be cautious in committing to any alliance, Executive Chairman Bill Ford Jr. said on Monday.
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Markets salute euro zone deal on Greece, for now

Markets saluted a euro zone deal on a huge standby rescue package for Greece, slashing the debt-laden country's borrowing costs and buying its stocks and bonds on Monday as fears of a near-term default evaporated.
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Eurogroup teleconference to discuss Greece safety net

Euro zone finance ministers will hold talks on Sunday to detail how a safety net for Greece would work, European officials said on Saturday, as Greece's prime minister indicated Athens may use the mechanism if necessary.
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Eurogroup telecon to discuss Greece safety net Sunday

Euro zone finance ministers will hold talks on Sunday to detail how a safety net for Greece would work, European officials said on Saturday, as Greece's prime minister indicated Athens may use the mechanism if necessary.
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EUR/USD – and now ?

Good morning dear traders, well, it was not overwhelming with yesterday´s trading day.
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Greek tragedy, gold's latest love!

The sub-prime crisis, recession, Dubai World disaster and now the Greek debt tragedy. What is the common link to all these incidents which happened during the past two years? Even as the world has been grappling with all these tragedies, there has been one market which was thriving on all these disasters. That is bullion. Gold always celebrates tragedies. And during these past two years there has been no dearth of tragedies in the world. And, gold has been on a high all through these catastrophe...
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Greek banks seek more aid as spreads widen again

Greece's borrowing costs hit a new high on Wednesday after the government said the country's banks had asked for billions of euros in support and euro zone states argued over the conditions of potential bailout loans.

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