UNITED STATES

Gold eyes 10-week low as safe-haven bid fades

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Gold fell to its lowest in ten weeks on Tuesday, putting the price on course for its worst monthly performance in 13 months as safe-haven demand evaporated and investors booked further profits on the 2010 rally.
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International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (R) and Governor of People's Bank of China Zhou Xiaochuan seen in this file photo.

IMF projects India to grow at 8.4 pct in 2011

The International Monetary Fund (IMF) said it expects India to grow at 8.4 percent in 2011 and fall to 8 percent, unchanged from its prior estimate as the two-speed global recovery will continue.
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Recovery builds but Europe, inflation pose risks: IMF

Europe needs to strengthen its financial rescue fund to reduce the risk of renewed global instability as U.S. tax cuts and buoyant emerging economies help propel the recovery elsewhere, the IMF said on Tuesday.
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Stock index futures down; earnings eyed

Stock index futures pointed to a weaker open on Wall Street on Tuesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.1-0.2 percent.
UN Secretary General Ban answers questions during a briefing at the European Parliament in Strasbourg

U.N. chief condemns rights expert's 9/11 comments

U.N. Secretary-General Ban Ki-moon condemned preposterous comments by a U.N.-appointed expert on Palestinian rights that there was a cover-up over the Sept. 11 attacks, Ban's chief of staff said on Monday.
India top court defers view on PM role in scandal

U.S. eases some high-tech export curbs on India

The U.S. Commerce Department said on Monday it was easing restrictions of exports of high-technology goods to India in recognition of the two countries' stronger economic and national security ties.
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U.S. tax cuts give world growth a boost: IMF

A package of U.S. tax cuts should give a lift to a global economic recovery that had already begun to gain speed late last year, the IMF said on Tuesday as it revised its world growth forecast higher.

Tax cuts, spending debate on Union speech agenda

President Barack Obama will broadly discuss issues related the accounting debate about tax cuts and spending at his State of the Union address on Monday, a White House spokesman said Monday.
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Foursquare sees no funding needs this year

Startup website Foursquare has enough money to last it through to the end of the year and is in no rush for a sale or public offering, despite new competition from Facebook, co-founder Dennis Crowley said.

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