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Traders work at their desks at the Frankfurt stock exchange

Eurozone Bank Shares Down, Single Currency Pressured

Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.

Japan's Nikkei Falls to 1-Month Low

Nikkei Stock Exchange
Japan's Nikkei average fell to a one-month closing low on Monday after downgrades of nine European countries, including a cut in France's triple-A rating, escalated fears over the region's ability to end its debt crisis.
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How HTC Titan II Fares against Samsung Galaxy Note

Samsung announced last week that the Galaxy Note will be coming to the U.S., on AT&T's network. AT&T, in turn, said the device would be available in the coming weeks but stopped short of announcing either the release date or the price.
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Canadian actor to star in Man Who Laughs

Canadian actor Marc-Andre Grondin will play the lead role in L'homme Qui Rit (The Man Who Laughs), an adaptation of Victor Hugo's 1869 novel of the same name, TheWrap has confirmed.
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Thriller Contraband nabs box office title

Adult thriller Contraband starring Mark Wahlberg grabbed the weekend movie box office title, beating expectations with an estimated $24.1 million in ticket sales at U.S. and Canadian theaters.
Microsoft CEO Steve Ballmer leaves the stage after the last opening Microsoft keynote at the Consumer Electronics Show opening in Las Vegas

Plodding PC sales weigh down Microsoft profit

Microsoft Corp is starting the new year much as it did the one just ended - grappling with weak computer sales tearing a hole in its core Windows business, while it gropes its way slowly into the faster-growing mobile phone and tablet markets.
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Hulu Challenges Cable with First Original Drama

Hulu, the popular online video service, has taken another step to becoming a full-fledged alternative to cable television by commissioning its first scripted original TV show to go live next month.
Workers maintain the huge Euro logo in front headquarters of ECB in Frankfurt

S&P Moves, Greek Debt Renew Pressure on Eurozone

Financial markets are unlikely to be derailed by mass euro zone downgrades, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
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Pakistani Tailban Chief Believed Killed by U.S. Drone

The leader of the Pakistani Taliban, the militant movement that poses the gravest security threat to the country, was believed killed by a U.S. drone strike, four Pakistan intelligence officials told Reuters Sunday.
Rick Perry Drops Out of Presidential Race

Perry on Urinating Marines: 'These Kids Made a Mistake'

Texas Gov. Rick Perry, scrambling to keep his U.S. presidential bid alive, accused the Obama administration Sunday of overreacting to a videotape that shows four Marines appearing to urinate on dead Taliban fighters in Afghanistan.
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China a harbinger for global slowdown

Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.
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It's earnings vs Europe for stocks

U.S. stock investors will return to a tug of war between signs of domestic strength and overseas concerns this week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.
Arfa Karim Randhawa

Arfa Karim Randhawa: Youngest Microsoft Certified Professional Dead at 16

Arfa Karim Randhawa, who at 9 years old became the world's youngest Microsoft Certified Professional, has died on Saturday at the age of 16, according to reports from Pakistan's The Express Tribune. She suffered an epileptic seizure and cardiac arrest and was hospitalized for nearly a month before dying.

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