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Rio Tinto payout tops forecasts, plans $5 billion buyback

Global miner Rio Tinto surprised investors by more than doubling its full-year dividend and promising to return $5 billion to shareholders by 2012, looking to soak up bumper cashflows after it reported a record second-half profit.
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India plans to award fighter deal by March 2012

India plans to award an $11 billion fighter jet contract by the end of March 2012, its defense minister said, as manufacturers at India's airshow vied to boost their share of a fast-growing military hardware market.
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Northeast Asia dominates patent filing growth

China, Japan and South Korea are dominating growth in international patent filings in a dramatic demonstration of the shift of scientific and economic power to northeast Asia, figures released on Wednesday showed.
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Nissan Q3 falls but forecasts lifted on higher sales

Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese demand, but the decline was the slimmest among local automakers and it lifted its outlook on growing overseas sales.
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Nissan Q3 down 15 percent, ups forecast to match consensus

Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese sales, but the decline was the slimmest among local automakers as a slew of new models helped Nissan beat the sector's growth in key markets.

CBI arrests DB Realty MD in corruption probe

The Central Bureau of Investigation (CBI) arrested the vice chairman of a joint venture between a local firm and Abu Dhabi's Etisalat in connection to a massive telecoms scandal that has crippled the government.
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Defence firms vie for India orders at air show

Global defense manufacturers, looking to take advantage of growth in Indian spending, are increasing production in Asia's third largest economy, executives said ahead of India's biennial air show on Tuesday.
Asia-Pacific at risk from climate migration: ADB

Asia-Pacific at risk from climate migration: ADB

Governments in the Asia-Pacific region face the risk of unprecedented numbers of people displaced by floods, storms and other impacts of climate change, the Asian Development Bank (ADB) said in a report on Monday.

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