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Best Buy sees weaker holiday margins, shares fall

Top U.S. electronics chain Best Buy Co said gross margins during the holiday season would fall short of expectations as it sells more discounted goods like flat-screen televisions, sending shares down 8 percent.
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China warns West from taking up dissident case

China on Tuesday warned Western countries against taking up the case of a prominent dissident, Liu Xiaobo, who is facing trial for subversion, after the United States and European Union called for his release.
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Courtney Love loses guardianship of daughter

Rock singer Courtney Love lost legal control of her daughter with late Nirvana frontman Kurt Cobain after a court gave temporary guardianship of the 17 year-old to Cobain's mother and sister, court papers showed on Monday.
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U.S. plans to transfer some Guantanamo detainees

The Obama administration will announce plans later on Tuesday to acquire an Illinois prison and to send a limited number of detainees there from the U.S. military prison at Guantanamo Bay, a U.S. official said.
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Blast near Pakistani minister's home, 20 dead

A car bomb near the home of a Pakistani provincial government minister killed 20 people on Tuesday, a police official said, in another sign authorities are struggling against Taliban militants bent on grabbing power.
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Karzai in anti-graft speech defends convicted mayor

Afghan President Hamid Karzai used a keynote anti-corruption speech on Tuesday to defend the most senior of his officials to be convicted of graft in years, a move that could anger Western backers who demand more accountability.
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UBS won't sue former bosses on subprime, U.S. tax

UBS AG will not sue its former bosses after risky bets on subprime mortgages and a strategy of helping U.S. clients dodge taxes by hiding money in secret accounts brought the Swiss bank to its knees.
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Producer prices surge, factory activity slows

U.S. producer prices rose faster than expected in November, while a gauge of manufacturing in the New York state unexpectedly fell this month, creating a potential headache for the Federal Reserve.
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U.S. needs plan to tame debt soon: experts

The government must craft a plan next year to get its ballooning debt under control or face possible panic in financial markets, a bipartisan panel of budget experts said in a report on Monday.
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Alzheimer's protein may be early risk factor

Imaging tests may be able to detect the early signs of Alzheimer's disease long before it begins to affect memory, a finding that may lead to earlier, more effective treatments, U.S. researchers said on Monday.
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China exports seen helping green growth, climate

China can become a powerful force to help developing nations fight both climate change and poverty with low-cost exports of wind or solar technologies, the head of the U.N. Development Programme (UNDP) said.

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