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France

Sarkozy, Cameron hailed in Libya, offer help

Nicolas Sarkozy and David Cameron landed in Libya to a heroes' welcome on Wednesday, promising help for the new rulers that French and British air power helped to install and being told the favour may be repaid in business contracts.

UBS Arrested Trader Kweku Adoboli 'Worked Hard,' 'Played Hard' Colleague Says

Kweku Adoboli
Colleagues at UBS called Kweku Adoboli, the trader arrested in connected with a $2 billion loss due to unauthorized trading at the bank, up and coming and someone who worked hard...played quite hard too. Adoboli, 31, was arrested on Thursday by London police on suspicion of fraud by abuse of position and being held in custody at Bishopsgate police station. A graduate of Nottingham University who was born in Ghana, Adoboli studied computer science in college and went to work at UB...
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Rafael Nadal

National Pride Provides Fuel for Djokovic and Nadal

With precious little time to rest after their brutal U.S. Open final, world number one Novak Djokovic and Rafa Nadal will be energized by national pride this weekend as they lead their countries into battle in the Davis Cup semi-finals.
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Fashion bloggers to spur online luxury sales

Fashion bloggers will help propel online sales of designer clothes, jewels and luxury cars to more than 11 billion euros ($15 billion) in 2015, a research report said on Thursday.
US Post Office In Blacksburg, Virginia

U.S. Postal Service Letter Delivery Drops 50 Percent in Past Decade

United States Postal Service First Class mail, long recognized for speed and reliability considering the cost of a stamp, may slow due to cost-saving measures that may be put into place. The postal service has experienced fast decline in First Class mail due to the Internet, as more people use email and online bill pay instead. In the last five years, for example, First Class mail volume has dropped 25 percent, and single piece first class mail -- letters and such sent with a stamp -- has decli....
U.S. Treasury Secretary Timothy Geithner speaks at the Clinton Global Initiative in Chicago

Geithner to discuss leveraging EU bailout fund

Treasury Secretary Timothy Geithner will discuss with European finance ministers the possibility of leveraging the euro zone's bailout fund to make it more effective in fighting the debt crisis.
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Data shows weak labor market

New claims for jobless benefits hit the highest level since late June last week and a gauge of New York state factory activity contracted in September, sustaining the view the Federal Reserve would take new action to boost growth.
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Myanmar lifts bans on foreign news websites

Myanmar lifted bans on prominent news websites on Thursday, including some run by critics of the army-dominated government, and unblocked online video portal YouTube, the latest signs of possible reforms in one of Asia's most reclusive states.
Director Roman Polanski reacts during a news conference to present his musical 'Tanz der Vampire' ('Dance of the Vampires') in Oberhausen

Polanski to Collect Award Two Years After Arrest

Director Roman Polanski is to collect an award from the Zurich Film Festival intended for him in 2009, when he was arrested en route to the ceremony on charges related to a sex crime more than 30 years ago, organizers said on Thursday.
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Fiscal fix needed for jobs, investment: Blackrock

The United States needs to use fiscal as well as monetary policy to boost the economy if it wants to convince cash-rich corporations to start hiring and investing, Bob Doll, chief equity strategist of BlackRock Inc said on Thursday at the Bloomberg Markets 50 Summit.

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