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Euro slips as Fitch cuts Greece rating

Fitch Ratings cut Greece's debt rating to BBB+ from A- with a negative outlook, the first time in 10 years a major ratings agency has put Greece below an A grade, citing fiscal deterioration in the euro zone's weakest member.

Britain, Italy top picks for windpower investment

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Germany and Spain will provide Europe's biggest growth in windpower over the next decade but Britain and Italy might give the best returns on investment, the head of the European Wind Energy Association said on Friday.
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Euro zone set to take first step to fiscal exit

Euro zone finance ministers will take their first step towards exiting discretionary fiscal stimuli on Tuesday by accepting deadlines for deficit reductions proposed by the European Commission last month.
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Wynn Macau debut cashes in on Asia gaming fever

Wynn Macau's strong debut in Hong Kong on Friday shows appetite for gambling stocks is strong despite high valuations, and will cheer U.S. casino rival Las Vegas Sands , which plans a listing later this year.
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IMF says to revise up 2010 global growth forecast

The International Monetary Fund will increase its forecast for global growth next year in the next few days to account for a faster recovery in major economies, its deputy director said on Monday.
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Alice in Chains back in Black after 14 years

In the midst of its first reunion tour in the summer of 2006, veteran hard rock act Alice in Chains played to a crowd of 30,000 at Portugal's Super Bock Super Rock festival. As the band performed a set of its classic cuts, a handful of fans unfurled a 25-foot-long sign that read, Alice in Chains Get Born Again.
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Zon Q3 positive, pay-TV churn reduced-CFO

Portuguese cable, Internet and telecoms operator Zon said its operating performance in the third quarter so far has been positive, with the company further reducing cancellations of pay-TV contracts.
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EU law may allow bans on foreign bet websites-court

The 2.5 billion euro ($3.6 billion) online betting industry suffered a setback on Tuesday as the European Union said that a member states could be allowed to ban gambling websites if its intention was to stop crime.
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EU law may allow bans on foreign bet websites: court

The 2.5 billion euro ($3.6 billion) online betting industry suffered a setback on Tuesday as the European Union said that a member states could be allowed to ban gambling websites if its intention was to stop crime.
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Obama's Portuguese water dog

Senator Kennedy had a real love for Portuguese Water Dogs and his gift to the Obamas was a Portuguese Water Dog.
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VW Portugal shelves some layoffs as sales improve

Volkswagen's (VOWG.DE) Portuguese unit said on Thursday it was cautiously optimistic about a recovery trend in car sales in Europe and cancelled planned temporary layoffs of several days over the next two months.
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Obama admin to transfer six Guantanamo prisoners

The Obama administration plans to transfer six prisoners abroad from the U.S. prison at Guantanamo Bay, a U.S. official said on Wednesday, part of the effort to close the controversial facility by early 2010.
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Ransom demand: lost ship has shades of le Carre

A ransom demand has been made for the lost merchant ship Arctic Sea, Finnish media said on Saturday, but the whereabouts of the vessel were still unknown in a saga looking increasingly like the plot of a spy thriller.
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Germany and France exit recession

Germany and France achieved a shock return to economic growth in the second quarter of the year, ending their recessions earlier than many policymakers and economists expected, but failed to drag the euro zone with them.
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Weak demand, prices hurt Spanish, Austrian utilities

Weak demand for energy and slumping prices hurt utilities in Spain and Austria in the first half as the financial crisis dents power sales to key industrial customers and prevents companies from raising prices.
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Midday Minute - July 20 - Energy

Halliburton Co., the second largest oil services firm in the world, reported its second quarter net profit fell $262 million. Nissan said it will invest near $700 million in two plants to make batteries for EVs. Tuvalu said it will power its economy hundred percent with renewable energy sources by 2020.
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Nissan to invest in UK, Portugal battery plants

Car manufacturer Nissan said on Monday it will invest almost $700 million in two plants to make batteries for electric cars in Britain and Portugal after securing financial support from their governments.
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Barroso seeks new term as EU Commission chief

European Commission President Jose Manuel Barroso declared his candidacy for a second five-year term on Tuesday after electoral gains for his center-right allies strengthened his bid.

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