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Australian PM wins Greens support in govt bid

Australian Prime Minister Julia Gillard forged an alliance with the Greens party on Wednesday to take her party closer to forming a government, but vowed not to allow the deal to change her plans for a tax on miners' profits.

Chinese manufacturing snaps out of slowdown

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China's manufacturing economy staged a moderate rebound in August after slowing for several months under the onslaught of government measures to rein in credit and deter property speculation.
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Asia stocks rise on China manufacturing rebound

Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and rosier-than-expected Australian growth, which halted the yen's advance toward a 15-year peak against the dollar.
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Mexicans hope drug lord's arrest may turn tide

Mexico paraded one of its most violent drug lords on Tuesday after a police raid that President Felipe Calderon's government hopes will mark a breakthrough in its campaign against powerful cartels.
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Jewish settler killings blight new Mideast talks

The Palestinian Islamist group Hamas claimed responsibility for killing four Jewish settlers in the West Bank in an attack that blighted a Middle East peace summit before it even began in Washington Wednesday.
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Time to turn the page in Iraq says Obama

President Barack Obama declared an end to the seven-year U.S. combat mission in Iraq on Tuesday and told war-weary Americans his central responsibility now is to restore the sagging U.S. economy.
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Saskatchewan concerned about China Potash Corp buy

The Canadian province of Saskatchewan, home of takeover target Potash Corp , would have lots of concerns about a Chinese sovereign fund or state-owned company buying part or all of the company, Energy Minister Bill Boyd said on Tuesday.
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Fed mulls stimulus if outlook worsens appreciably

The outlook for the U.S. economy would have to deteriorate appreciably to spur fresh support from the Federal Reserve, according to minutes of the central bank's last policy meeting released on Tuesday.
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Occidental's Irani to retire as CEO in 2011: report

Ray Irani, who has been criticized for excessive pay, plans to announce his retirement date as chief executive officer of Occidental Petroleum Corp at a board meeting in October, the Wall Street Journal reported on Tuesday.
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Surgery prevents breast cancers in high-risk women

Women with mutations in the well-known BRCA1 or BRCA2 genes who have their breasts and ovaries removed are much more likely to survive than women who do not get preventive surgery, U.S. researchers said on Tuesday.
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Minn. governor directs state to decline health reform

Minnesota Governor Tim Pawlenty directed state agencies on Tuesday to decline all discretionary participation in federal healthcare reform, throwing up roadblocks to President Barack Obama's goal of providing health insurance to all Americans.
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U.S. turns down China currency probes in two cases

The U.S. Commerce Department decided on Tuesday not to investigate whether China subsidizes exports to the United States by undervaluing its currency, prompting renewed calls for Congress to act on the issue.
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Iraq hails sovereignty as U.S. ends combat mission

Iraq celebrated its sovereignty as the U.S. military formally ended combat operations on Tuesday, despite political deadlock and persistent violence, and warned other countries not to interfere as U.S. troops depart.
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Staples to sell Kindle, Borders cuts reader prices

The battle for the digital books market intensified on Tuesday, as office supplies retailer Staples Inc said it would start selling Amazon.com Inc's Kindle, and bookseller Borders Group Inc said it was cutting its prices on some e-readers.
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U.S. turns down currency probes in two China cases

The U.S. Commerce Department said on Tuesday it did not have sufficient legal grounds to investigate if China's currency practices effectively subsidize its exports in separate trade cases brought by U.S. aluminum and paper producers.
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Iraq hails sovereignty as US ends combat mission

Iraq celebrated its sovereignty as the U.S. military formally ended combat operations on Tuesday, despite political deadlock and persistent violence, and warned other countries not to interfere as U.S. troops depart.
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FTSE firm as U.S. data supports miners

The top shares closed up on Tuesday, as miners gained on firmer U.S. economic data which eased investor anxiety on the global economic recovery, while ARM Holdings jumped on renewed takeover talk.
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Obama administration appeals stem cell injunction

The Obama administration on Tuesday appealed a ruling that blocked federal funding of human embryonic stem cell research, asking the judge who issued the injunction to put it on hold pending the appeal.
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Drug cuts stroke risk by half vs aspirin: study

An experimental drug from Bristol-Myers Squibb and Pfizer reduces the risk of stroke by more than half compared with aspirin, with no significant rise in major bleeding, researchers said on Tuesday.
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Glenn Beck launches news website

Conservative news commentator Glenn Beck launched his own news website, The Blaze, on Tuesday, saying it was time to stop complaining about mainstream media and do something on his own.

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