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New skin cancer-prevention device to be introduced soon

A small gadget to measure exposure to ultraviolet radiation, called the UV Dosimeted, invented by Canterbury University computer engineer, Martin Allen could one day be made available to the public as a method to prevent skin cancer.

Higher open eyed on Greece hopes, commodities

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U.S. stocks headed for a higher open on Friday, underpinned by a rise in commodity prices, as the U.S. dollar retreated amid speculation that debt-laden Greece would tap a financial lifeline.

EADS close to decision on U.S. tanker bid: sources

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Airbus parent EADS is close to a decision on bidding for a deal worth up to $50 billion to supply air tankers to the United States backed by a U.S. supplier, sources close to the matter said on Friday.
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Major U.S. banks masked risk levels: report

Major U.S. banks temporarily lowered their debt levels just before reporting in the past five quarters, making it appear their balance sheets were less risky, the Wall Street Journal said, citing data from the Federal Reserve Bank of New York.
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Chevron sees refining/marketing profit again in Q1

Chevron Corp said on Thursday its refining and marketing arm would return to profit in the first quarter as refining margins improved, while earnings from oil and gas production would continue to grow.
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GS, JPM, Citi advise on UAL-US Air talks

JPMorgan Chase & Co , led by James Jimmy Lee, and Goldman Sachs are advising United Airlines on its merger talks with US Airways , several people familiar with the matter said.
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U.S. group targets Honeywell over Iran

A pressure group, United Against Nuclear Iran , is urging industrial conglomerate Honeywell International Inc to stop selling security technology to Iran, the group said on Thursday.
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FCC issues broadband agenda despite court loss

The head of the Federal Communications Commission vowed to press ahead with a broadband expansion plan despite a court ruling this week that undermined the agency's authority to manage networks.
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Wall Street rises on retail strength

U.S. stocks gained on Thursday after surprisingly strong March retail sales created optimism that a consumer spending rebound would be a harbinger of strong corporate earnings.
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Wall St advances on retail strength

Stocks gained on Thursday, led by the retail sector after surprisingly strong March sales as a rebound in consumer spending was seen as a harbinger for strength in corporate earnings.
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3D TV to face global test in soccer World Cup

Hundreds of thousands of soccer fans are likely to get their first taste of live 3D viewing during this year's World Cup, the vast majority of them in cinemas rather than at home, according to football body FIFA.
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Northeast has best schools for housing dollar

Parents looking for the best state school system for their housing dollar should concentrate on the northeast section of the country, particularly Massachusetts, according to a new report.
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Seasonal volatility lifts weekly jobless claims

The number of U.S. workers filing for jobless aid unexpectedly shot higher last week but did not alter the view labor markets are recovering as the jump reflected Easter holiday volatility.
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Ex-Citigroup directors contrite, defensive on crisis

Charles Prince and Robert Rubin, often blamed for huge losses at Citigroup during the 2008 banking crisis, voiced regrets on Thursday but did not take responsibility for Citi's woes or its $45-billion taxpayer bailout.
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BA seals long-awaited Iberia deal

British Airways and Spain's Iberia signed an $8 billion merger to create the world's third-largest airline on Thursday, bringing a three-way tie-up with American Airlines a step closer.
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Brazil's zero ethanol tariff welcomed by UNICA

The Brazilian Sugarcane Industry Association (UNICA) has welcomed the Brazilian government decision to unilaterally eliminate its tariff on imported ethanol. This is a major step forward in building a global biofuels marketplace for Brazil, UNICA said. UNICA believes that free trade is a two way street and Brazil, as the largest producer of cane ethanol and largest exporter of ethanol in the world, with 60% of the global market, will lead by example and eliminate barriers to renewable, clean fu...
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Greek tragedy, gold's latest love!

The sub-prime crisis, recession, Dubai World disaster and now the Greek debt tragedy. What is the common link to all these incidents which happened during the past two years? Even as the world has been grappling with all these tragedies, there has been one market which was thriving on all these disasters. That is bullion. Gold always celebrates tragedies. And during these past two years there has been no dearth of tragedies in the world. And, gold has been on a high all through these catastrophe...
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How much gold reserves really exist in US vaults?

How can US citizens know whether US gold reserves of 8,133.5 tonnes really exist in their vaults? The last audit of the U.S. gold reserves was supposed to have taken place in 2005, but according to KPMG LLP, they only audited the mint's fiscal year 2005 financial statements and they never saw any physical gold or even went to Fort Knox. The last real audit of the U.S. gold reserves took place in 1954, according to National Inflation Association, (NIA).

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