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Intel Gets Subpoena for Antitrust Violation

New York's attorney-general launched an antitrust investigation into the world's largest chipmaker on Thursday, following similar action in Japan, South Korea, and Europe.
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3G iPhone Unlikely Experts Say

In November, AT&T CEO Randall Stephenson has made an announcement that the company, along with Apple, will release a new, faster iPhone next year, though the comments were never confirmed by Apple.
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I Am Legend Gives Box Office Best Dec. Opening Since LOTR

The weekend box office saw a revival with a hyped start from Will Smith's I Am Legend pushing out The Golden Compass from first place to give December its biggest weekend gross ever since the release in 2003 of the The Lord of the Rings: The Return the King.
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EU, U.S. strike compensation deal in gambling row

The European Commission dealt a blow to European online gaming companies on Monday when it accepted a U.S. offer of openings in other sectors to compensate for closing the U.S. gambling market to foreign firms.
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Japan business sentiment hits 2-year low: tankan

Business sentiment among big Japanese manufacturers has sunk to a two-year low, a Bank of Japan survey showed on Friday, reinforcing expectations that any rise in interest rates will be delayed to late next year. Rising material costs, lower construction and concerns over a possible U.S. recession contributed to the slide in optimism.
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EU and U.S. trade charges of blocking Bali talks

The European Union threatened on Thursday to boycott U.S. talks among top greenhouse gas emitting nations, accusing Washington of blocking goals for fighting climate change at U.N. talks in Bali.
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U.N.'s Ban urges 2009 deadline for climate deal

U.N. Secretary-General Ban Ki-moon urged the world on Wednesday to agree to work out a new climate treaty by 2009 but said it might be too ambitious to set goals for greenhouse gas cuts in Bali.
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Greenspan: subprime accident waiting to happen

The U.S. subprime mortgage crisis was an accident waiting to happen as a period of unprecedented global growth seduced investors into underpricing risk, former Federal Reserve Chairman Alan Greenspan argued in an article published by The Wall Street Journal on Wednesday.
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Sony says U.S. electronics unaffected by economy

Sony Corp's consumer electronics business in the U.S. market has not been affected by the shaky economy and is on track to hit a 5 percent operating margin for the year ending March 31, Chief Executive Howard Stringer said.
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Japan launch for ING Direct delayed

Dutch financial group ING Groep will miss its goal of entering Japan's retail banking market this year with its ING Direct banking service, but remains on track for a launch with final regulatory approval, the company said on Monday.
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Japan's Eisai to buy MGI Pharma

Eisai Co Ltd said on Monday it would buy U.S. biotech firm MGI Pharma Inc for $3.9 billion cash to strengthen its cancer treatment pipeline, marking the largest overseas acquisition by a Japanese drug maker.
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World stocks in for more modest gains in 2008

World stock markets are in for their most modest annual gains for years in 2008 thanks to the global credit crunch and an evolving economic slowdown, Reuters polls showed on Monday.
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Emissions cap for poor unlikely at Bali talks

The chance that developing countries would accept firm emissions-cutting targets receded on Friday, as U.N.-led talks to launch negotiations on a climate pact to succeed the Kyoto Protocol inched forwards.
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Dell Turns to Retail Therapy

Dell Inc. announced on Thursday it will begin selling PCs at more than 900 Best Buy Co. Inc. stores in an attempt to gain more of the U.S. consumer market.
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EBay, Yahoo Japan to link up auction services

EBay Inc and Yahoo Japan will link up their auction sites to make cross-border bidding easier, in a deal that gives U.S. auction titan eBay another chance to woo lucrative Japanese consumers.
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Singapore's Temasek Eyes Western Bank Stakes

Singapore's Temasek, Asia's pioneer sovereign wealth fund with stakes in Barclays and Standard Chartered, looks to be calling the top of the China stock boom and is scouting for cheaper targets in the West.

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