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Clinton meets Mumbai victims, serenaded by artisans

U.S. Secretary of State Hillary Clinton met survivors of the Mumbai attacks, talked climate change with Indian industrialists and was serenaded by village women as she visited India's financial capital on Saturday.
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Repsol still seen selling just 20-30 percent of YPF

The Argentine government's right of veto on any decision relating to the future of Spanish oil major Repsol's unit YPF is likely to outweigh any desire Repsol might have to free up some cash by disposing of its stake.
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Clinton aims to deepen ties, dispel doubts in India

U.S. Secretary of State Hillary Clinton leaves for India on Thursday on a high-profile mission to deepen ties and dispel any doubts about the U.S. commitment to New Delhi under U.S. President Barack Obama.
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Australian PM says world watching China spy case

Australian Prime Minister Kevin Rudd warned China on Wednesday it had significant economic interests at stake in detaining an Australian mining executive on spying charges and the world was watching how it handled the case.
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Will Chinese yuan threaten dollars?

As US dollar's role as international currency was questioned over the global financial crisis, China began its long-awaited initiative to trade with yuan as a step toward reducing China's reliance on the dollar.
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Blackstone India warrant deal blocked by regulator

Blackstone will not raise its stake in India's Nagarjuna Construction Co through warrants after the plan failed to get regulatory approval, the second time the private equity firm has hit a regulatory hurdle in the country.
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The dollar's trial by fire

The issue of reserve currencies and the reform of the international monetary regime will probably not take place at the Group Eight Summit (G8) with the so-called Group Five (G5) nations, despite the calls from China and other countries, according to industry experts.
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Daily Wrap Up for July 10 - Energy

The G8 summit in L'Aquila, Italy, concluded on Friday.The U.S. Energy Department announced on Friday it will deploy funds of more than $589 million for energy efficiency and weatherization programs. Continental Automotive awarded for production of lithium-ion batteries.
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G8 pledges $20 billion in farm aid to poor nations

G8 leaders pledged $20 billion (12.3 billion pounds) in farm aid to help poor nations feed themselves, surpassing expectations on the final day of a summit that has yielded little progress on climate change and trade.
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Chinese police break up Xinjiang protest

Chinese riot police broke up a small demonstration by Uighurs leaving Friday prayers in a Muslim Uighur neighborhood of Urumqi, arresting several who were taken away with hands above their heads.
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Infosys Q1 profit up, beats estimates

Infosys Technologies Ltd beat expectations with a 17 percent rise in quarterly profit and raised its full-year forecast at the lower end on hopes for a pick up in outsourcing demand from overseas clients.
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Obama says still time for climate deal this year

U.S. President Barack Obama said at the G8 summit on Thursday there is still time to close the gap with developing powers on climate change, after the U.N. chief criticised the G8 for not going hard enough.
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China's Hu says maintaining stability paramount

Chinese President Hu Jintao, forced to abandon a G8 summit in Italy by ethnic violence in restive Xinjiang, said that maintaining social stability in the energy-rich region was the most urgent task, state television reported on Thursday.
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DoCoMo eyes more investments in Asia carriers

Japan's top wireless operator, NTT DoCoMo Inc, said it is in talks with some Asian mobile carriers for possible capital investment as it aims to seek growth overseas to counter the maturing cell phone market at home.

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