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Afghans turn new page as U.S. sends more troops

Afghanistan is turning a new page in relations with the United States, an Afghan presidential spokesman said on Wednesday, as U.S. President Barack Obama ordered 17,000 more troops deployed to battle Taliban insurgents.

Russian gas returns to Europe

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On Tuesday Russian gas supply pumped to Europe through Ukraine resumed following a two week long price battle with Ukraine.
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Growing pains dim India's outsourcing edge

Indian outsourcing companies are shifting some of their operations to China, the Philippines, Vietnam and Kenya in a bid to stay competitive as higher wages, expensive property prices and a rising rupee eat into profits.
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NewsCorp won't pull videos from iTunes

News Corp. will not pull its television shows from Apple's iTunes as rival media group NBC Universal has done over a pricing dispute, President Peter Chernin said in an interview on Tuesday. He said News Corp was not in a dispute with Apple, though it would like a bigger voice in pricing its shows.
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Smithfield Foods turning from growth to paring debt

U.S. meat company Smithfield Foods Inc.'s once ravenous appetite for growth may be abating as the company may now focus on paying down debt, according to comments made on Wednesday by its chief executive.
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Nestle sees growth, innovation: U.S. water exec

Nestle SA, the world's largest food company, expects U.S. volume growth of its bottled water brands to improve in the next few months as comparisons with last year become easier, an executive said on Tuesday.
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Murdoch: No plans to raise Dow Jones bid

Rupert Murdoch said he had no plans to raise his $5 billion bid for media group Dow Jones & Co. Inc. and expected final approval from the controlling Bancroft family within two to three weeks, 'if at all.'
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EU relieved over treaty deal, critics seek new vote

The European Union breathed a sigh of relief over the weekend after the bloc's leaders agreed on a way to reform its institutions, but critics from Britain to the Netherlands called for referendums that could derail a deal.
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Google launches YouTube local language sites

Literally, it might be known as Voustube, Voitubo or Vocetubo, but the world's most popular video-sharing site introduced local-language sites in nine countries on Tuesday that will all just go by YouTube.
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Ad software maker OpenAds girds to take on Google

Openads, a supplier of free software used by Web sites to manage online ad campaigns, has received $5 million in initial funding, bolstering it to prepare for increasing competition globally with Google Inc.
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Central Europe investors face political headwinds

Political risk has returned to central Europe as riots in Budapest and shaky governing coalitions elsewhere remind investors that joining the European Union guarantees neither wealth nor stability.
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World Bank sees offgrid energy projects a boon

Investments in offgrid energy generation projects are the quickest way to get electricity to the 1.6 billion people in the world without lights, a World Bank official said on Wednesday.
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Gallaher weathers tough markets

Tobacco company Gallaher Group Plc posted a 4 percent rise in half year profits on Wednesday and forecast an improving second half
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Wolves Return to Germany As People Leave

A century after they were wiped out by hunters and a burgeoning population, wolves have returned to parts of eastern Germany as factories close down, businesses fail and people move out.
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Red hot emerging markets spark some investor worry

The headwind of rising U.S. interest rates may be about to ease, but investors are still facing tighter money across the board and some are beginning to sound warning bells about emerging markets as a result.

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