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BlackRock says c.banks to be net buyers of gold

Central banks will be net buyers of gold this year as they diversify away from the U.S. dollar, marking a reversal of a decades-old trend, global commodities investment fund BlackRock said on Monday in comments that helped drive bullion to fresh record highs.

Obama meets Myanmar PM, calls for Suu Kyi's release

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U.S. President Barack Obama called for the release of Myanmar opposition leader Aung San Suu Kyi when he met the country's prime minister at a meeting with other Southeast Asian leaders in Singapore on Sunday.

U.S. judge favors Grupo Mexico bid for Asarco

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A federal judge has issued a ruling supporting a nearly $2.5 billion bid by Grupo Mexico, the country's largest mining company, for Asarco LLC, paving the way for the U.S. copper miner to exit bankruptcy.
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India economy to grow 6-7 pct in FY10 - finmin

The Indian economy could expand between 6 and 7 percent in the year to March 2010 despite a bad monsoon, the finance minister said on Saturday as data showed accelerating inflation in October. Speaking in the Sri Lankan capital Colombo, Pranab Mukherjee said there were risks to an early global economic recovery and signs asset price bubbles were re-emerging.
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Food: Is Monsanto the answer or the problem?

Norman Borlaug, the father of the Green Revolution of the 1960s and 1970s, had only months to live when he received a visit from an old friend, Rob Fraley, chief of technology for Monsanto Co.
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European IPOs pick up as equity markets calm down

Initial public offerings in Europe are gaining momentum, with three major IPOs set to launch before year-end and about $10 billion that could be raised in the next six months as volatile equity markets calm down.
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Japan's greenhouse emissions fall, recession bites

Japan's greenhouse gas emissions tumbled 6.2 percent last year in a new sign on Wednesday that recession is doing the job of cutting emissions while the world struggles toward a U.N. pact to combat climate change.
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State assets could be a tough sell for South Korea

South Korea may have to offer steep discounts to sell key state assets such as bank stakes, to help cut a growing fiscal deficit, while pumping money into the economy to pull it safely out of a global downturn.
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Honda looks to China, India; no plan for Nano rival

Honda Motor Co is not betting on an immediate recovery in traditional markets and will focus on bright spots China and India, although it will not build an ultra low-cost car to take on Tata Motor's Nano.
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Gold rallies to record high as dollar slips

Gold shot to a record high on Wednesday as the dollar slipped to its lowest in more than a year and analysts predict further gains for the precious metal on the U.S. unit's persistent weakness.
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The fight over the future of food

At first glance, Giuseppe Oglio's farm near Milan looks like it's suffering from neglect. Weeds run rampant amid the rice fields and clover grows unchecked around his millet crop.
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Vodafone doubles cost cut target to 2 bln stg

Vodafone, the world's largest cellphone operator by revenue, has doubled its cost cutting target to 2 billion pounds ($3.33 billion) by 2012 to counter fierce competition in India and Europe.
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China dissatisfied India allowed Dalai Lama trip

China said on Tuesday it was dissatisfied that India had allowed the Dalai Lama to visit a disputed border region also claimed by Beijing, while also directing its ire at the exiled Tibetan leader.
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Climate deal to prevent doubling of energy bills

A climate change deal is needed not just to ward off global warming, but to ensure a shift from increasingly costly fossil fuels that could lead to a doubling of energy bills, the IEA's chief economist said on Tuesday.
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Yahoo aims to boost margins

Yahoo Inc wants to triple its operating margin to 15-20 percent over the next three years by increasing revenue and keeping costs under control, CEO Carol Bartz said on Tuesday.
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Conditions in place for new food crisis, FAO warns

Poor nations battered by record food prices last year need international help to raise agricultural output given conditions are still ripe for another food crisis, the U.N. Food and Agriculture Organisation's chief said.
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Kraft turns hostile in $16 billion bid for Cadbury

Kraft Foods Inc chief Irene Rosenfeld refused to sweeten her $16.2 billion offer for candy maker Cadbury Plc and took the bid directly to shareholders on Monday, setting the stage for a takeover battle that could last up to three months.
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No holding back for Alicia Keys on Freedom

An unseasonal gust of wind greets Alicia Keys as she steps out of a doorway behind a Beverly Hills hotel on a late October afternoon. Decked out in a black leather vest and black leggings brightly accented by turquoise suede knee-high boo a hint of matching eyeliner, the Grammy Award-winning singer is surprised by the chilly blast before she ducks into a waiting black sport utility vehicle. Commen...
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Workers end strike at Indian supplier to GM, Ford

Workers at an India auto-parts maker have ended a six-week strike, which had hit supplies to General Motors and Ford and caused the shutdown of some North American plants, an official at the Indian firm said.
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Gold hovers around $1,090, U.S. jobs data eyed

Gold held steady around $1,090 an ounce on Friday after its rally to a record high this week on anticipation of renewed central bank demand came to a halt, with investors looking to economic data for direction.

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