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Warner Music beats estimates on digital sales

Warner Music Group, which is being bought by billionaire Len Blavatnik's Access Industries, reported a narrower-than-expected quarterly loss, helped by a 9 percent jump in digital revenue.
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Anish Kapoor unveils 'Leviathan' at Monumenta

Anish Kapoor is renowned for his monumental idiosyncratic sculpture forms of grandiose proportions, which leave viewers in a state of astonishment, and his current exhibition should be no exception. From May 11 - June 23, Kapoor's 'Leviathan' will be shown in Paris, at Monumenta 2011.
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OECD indicator flags improved outlook in China, U.S.

The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.
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Barclays, HSBC hit by compensation capitulation

British banks gave up a fight over compensating customers wrongly sold insurance, forcing Barclays Plc and HSBC to take a combined hit of more than $2 billion in the latest blow to the industry.
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Downturn hands Glencore investors pricing power

European mutual fund managers sense an opportunity to drive down the price of Glencore International's bumper $11 billion listing, as fears of slowing global economic growth rattles commodity markets.
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Forget iPhone, PaperPhone is the future!

Researchers at the Queen's University Human Media Lab in Kingston, Ontario, have invented a device they hail as the 'future of the phone'. The PaperPhone, as it is called, is made of extremely thin film, and has a flexible electronic display.
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Amal al-Sadah, Bin Laden's 5th wife: The full story

Osama bin Laden chose his fifth wife Amal al-Sadah from Yemen, the land of his ancestors. She married the terror leader at the age of 17 and lived with him till his last day. She was with him in his final moments, either willingly trying to act as a human shield or pushed in front by her cowering husband.
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BoE keeps rates steady at 0.5 percent as expected

The Bank of England kept its key interest rate at 0.5 percent on Thursday, in a widely expected move after a run of subdued data which has cast doubt on the strength of Britain's economic recovery.
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Axa keeps 2011 outlook, Q1 sales down 2 percent

Axa on Thursday said it was confident it would raise profits this year in spite of a drop in first-quarter sales as Europe's second-biggest insurer implements a strategy shift focused on improving margins.
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Lloyds takes 4.3 billion pound hit on PPI, Ireland

British bank Lloyds said it will take a 3.2 billion pound ($5.3 billion) provision to cover it for losses from the mis-selling of protection insurance and suffered another 1.1 billion hit in Ireland.
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Axa Q1 sales down 2 percent, keeps outlook

Axa, Europe's second- biggest insurer, on Thursday posted a 2 percent drop in first-quarter revenue on a comparable basis, hit by significant declines in business in France, Italy and the United Kingdom.
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News Corp profit misses

News Corp missed Wall Street profit expectations on weaker movie box office output compared to a year ago and struggling newspapers despite a strong performance by its cable and television business.
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News Corp profit down on weaker movie slate

News Corp posted a lower quarterly profit on a weaker box office performance than a year ago, which was partly offset by strong performance at its cable television business.

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