UNITED STATES

Vodafone's upbeat tone surprises after sector woe

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Vodafone, the world's largest mobile operator by revenue, surprised investors with an upbeat outlook for 2012 on Tuesday after posting resilient results driven by customers upgrading to smartphones.
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US assures Russia on European missile theater

Moscow’s involvement in the European missile defense sector is a better way to relieve Russia’s anxiety about the project, a high US Department of state officer said in a report on Tuesday.

Palestine rejects Netanyahu's new plan

The Palestine Authority has rejected the principles Netanyahu laid out in his speech as unacceptable, adding that they were part of “preconditions.”

Obama asks US youths to compete with India, China

You’re competing against young people in Beijing and Mumbai. Those kids are hungry, they’re working hard and you’ll need to be prepared for it, president Barack Obama said to U.S. high school graduates.
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Chrysler may up bond offering as loan demand falls

NEW YORK, May 16 - Lingering doubts over Chrysler Group LLC's financial outlook along with the wider availability of bank debt could make it more costly for the U.S. automaker to refinance more than $7 billion government debt from its 2009 bailout.
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Asia shares steady, firm dollar weighs on oil

Japanese stocks held steady on Tuesday after early losses on signs of a slowdown in the U.S. economic recovery and oil fell for a second session as the dollar edged higher on euro debt concerns.

Why did Donald Trump quit presidential race?

After enlivening the U.S. presidential campaign scene for three months billionaire businessman Donald Trump said on Monday he will not be running for the top political office.
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Japan stocks slip on U.S. economy fears; gold rises

Japanese stocks slipped on Tuesday amid signs of a slowdown in the U.S. economic recovery that pushed global stocks and oil prices lower a day earlier but there were few fresh factors to have a bearing.

GM to invest $2 billion in US, create 4,000 jobs

General Motors plans to invest about $2 billion in U.S. assembly and component plants, creating or preserving more than 4,000 jobs at 17 facilities in eight states, the carmaker said in a statement.

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