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Russia's RUSAL raises $2.2 billion in Hong Kong IPO

Russia's UC RUSAL, the world's largest aluminum producer, raised $2.2 billion through its initial public offering and brought the debt-burdened company a step closer to being the first non-Asian firm to have a primary listing in Hong Kong.
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GE profit tops analysts' estimates

General Electric Co reported earnings that topped Wall Street expectations, as it kept costs in line despite still-sluggish demand for electric turbines and other heavy equipment.
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Media in China dismiss U.S. Internet push

Chinese media on Friday dismissed Washington's call to lift Internet censorship, after a top Chinese diplomat warned the Obama administration to heed alarm bells over trade, Taiwan and Tibet.
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Outside of the rubble, Haiti tends to its living

With food, cash and medicine starting to flow, Haiti's government and aid workers are turning to the mammoth task of feeding and sheltering hundreds of thousands of earthquake survivors still living in the capital's rubble-strewn streets and filthy tent cities.
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South wants N.Korea back at nuclear talks mid-Feb

South Korea's foreign minister said on Friday he wants to see dormant international talks on ending North Korea's nuclear arms programme resume in February without Pyongyang attaching conditions to its return.
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China-led group may discuss climate fund for poor

A meeting of four of the world's fastest-growing carbon emitters on Sunday ahead of a Jan. 31 deadline for countries to submit their action plans to fight climate change may discuss a climate fund for poorer nations.
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McDonald's 4Q profit rises to $1.22B

McDonald's Corp reported higher quarterly profit on Friday as strength in international markets offset its weakening U.S. business, which is grappling with high unemployment and rampant discounting.
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Stock futures off on Obama plan, Bernanke delay

U.S. stock index futures fell on Friday as President Barack Obama's proposed sweeping restrictions on banks and the delayed confirmation of Fed Chairman Ben Bernanke put investors on the defensive after a 10-month rally.
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Gates strives to build trust with Pakistan military

U.S. Defence Secretary Robert Gates sought to build bridges with the next generation of Pakistan's military leaders on Friday and end a trust deficit he said has hampered cooperation against Islamist militancy.
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GE results beat expectations

General Electric Co reported earnings that topped Wall Street expectations, as it kept costs in line despite still-sluggish demand for electric turbines and other heavy equipment.
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China lashes back at U.S. over Internet criticism

China hit back hard against U.S. criticism of Beijing's controls over the Internet, saying on Friday that Washington's push against online censorship could harm relations between the two big powers.
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Asia stocks slide on Obama plan

Asian stock markets skidded on Friday and commodity prices fell across the board after U.S. President Barack Obama proposed new restrictions on banks that spurred selling of risky assets.
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Brazil to create climate fund, technology for poor

Brazil will propose the creation of a joint fund with China, India and South Africa to help poor countries adapt to global warming as part of a broader attempt to revive stalled global climate talks.
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Financial and Tech stocks plunge in after-hours trading

After the Nasdaq composite index closed down 1.12 percent to trade at 2,265.7 and the S&P 500 index fell 2.01 percent to close at 1,116.48, Google (NASDAQ:GOOG) and several lesser known tech and financial companies reported earnings.
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Buffett's new baby BNSF beats Wall St

Burlington Northern Santa Fe Corp , the No. 2 U.S. railroad, posted stronger-than-expected earnings on Thursday, lifted by improving volumes, and the company said it expected the freight recovery to continue in 2010.

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