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McDonald's same-store sales rise 2.2 percent

McDonald's Corp's August sales at existing restaurants rose 2.2 percent globally, missing analysts' target, as strength in Europe partly offset weakness in the United States and other parts of the world.

Nokia to skip operator tailoring for Linux phones

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Nokia Oyj plans to skip tailoring software of its upcoming top-of-the-range model N900 to different operators, raising the risk some carriers, who focus on integrating their own software, could refuse to offer the model.
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Beatlemania unleashed on a new generation

A wave of Beatlemania struck Britain's streets on Wednesday as the Fab Four released a specially remastered edition of their albums, complete with an interactive video game for a new generation of fans.
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Scientists find three new gene links to Alzheimer's

Scientists have found three new major genetic links to Alzheimer's, affecting up to 20 percent of people with the brain-wasting disease, and said on Sunday it was the most significant such discovery in 15 years.
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M&A optimism lifts Wall Street

U.S. stocks rose on Tuesday as natural resource shares gained from higher commodities while Kraft Foods Inc's offer for confectioner Cadbury raised hopes about more mergers and acquisitions.
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Wall Street rises with commodities, M&A hopes

Stocks climbed on Tuesday as natural resource shares rose alongside commodities and Kraft's bid for Cadbury buoyed hopes that more merger and acquisition activity was on the horizon.
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Airbus, Boeing trade blows after WTO edict

Airbus on Tuesday rejected U.S. calls to renounce government loans for its next airliner after the WTO gave a preliminary ruling against earlier loans, while a Boeing executive hit out at unfair subsidies.
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RBS mulls sale of aviation leasing arm: source

Royal Bank of Scotland has appointed Goldman Sachs to consider a sale or other options for RBS Aviation Capital, one of the world's biggest plane leasing businesses, a person familiar with the matter said.
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Wall Street set to rise on commodities, M&A

Wall Street was set to open nearly 1 percent higher on Tuesday as rising commodity prices and an uptick in merger and acquisition activity fueled hopes the economy is strengthening.
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Autos help UK factory output to 1.5 year high

Higher car production propelled British factory output to its fastest monthly pace in 1-1/2 years in July, according to official data, fuelling expectations the economy has emerged from recession.
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VW unveils deal to reopen Europe's ABS market

Volkswagen Financial Services AG (VOWG.DE) announced plans on Monday to securitise auto leases in a benchmark-sized public deal that would reopen Europe's asset-backed securities (ABS) market after a year-long freeze.
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Florence and the Machine leads Mercury Prize race

British singer-songwriters Florence and the Machine and Bat for Lashes are among the front-runners competing on Tuesday for the Mercury Prize, one of Britain's most prestigious annual music awards.
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Swiss topple U.S. as most competitive economy: WEF

Switzerland knocked the United States off the position as the world's most competitive economy as the crash of the U.S. banking system left it more exposed to some long-standing weaknesses, a report said on Tuesday.
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Gold hits $1,000, Asian shares rise

Asian shares touched a one-year high on Tuesday, while gold prices hit $1,000 an ounce for the first time in six months in a sign of investor concerns about the sustainability of the global economic recovery.
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Gold futures hit $1,000

Asian shares touched their highest level in a year on Tuesday, while gold futures hit $1,000 an ounce for the first time in six months on investor concerns about the sustainability of the global economic recovery.
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OzForex Daily Commentary - 08/09/2009

:: Australian Dollar: The Aussie dollar continued to power ahead holding on to the psychological 85 cent support level to open this morning around 0.8550. Yesterdays ANZ job advertisement survey revealed a 4.1% rise in August from the previous month, the first monthly rise since April 2008. The news gave investors some confidence that this Thursday's employment report will show continued improvement in the labour market spurring the AUD higher. With the U.S on holidays it was a relatively quiet ...
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Kraft primed to sweeten $16.7 billion Cadbury bid

Kraft Foods said it was intent on pursuing Britain's Cadbury , which soared in value after it snubbed a premium-rich bid from the U.S. group, reinforcing hopes of a broader-based pick-up in merger activity.

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