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Asian shares subdued, Kiwi hits 13-month high

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Asian shares inched up on Tuesday with softer commodity prices weighing on Australian stocks, while the New Zealand dollar hit a 13-month high on signs of a recovery in prices for the country's key dairy exports.

Oil rises to $70, traders seek demand recovery signs

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Oil rose to $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.
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Sun Micro losing $100 million a month, Ellison says

Oracle Corp Chief Executive Larry Ellison said Sun Microsystems Inc is losing about $100 million a month as European regulators delay approving his company's $7 billion purchase of the struggling hardware maker.
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Santander may raise up to $8.6 bln from Brazil IPO

Spain's biggest bank Santander could raise about 13.13 billion reais ($7.3 billion) by listing 16.2 percent of its Brazilian unit in the Latin American country's biggest ever initial public offering.
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Microsoft gains U.S. search share -- comScore

Microsoft Corp's new Bing search engine continued to take share from Google Inc, grabbing 9.3 percent of the U.S. Internet search market in August, according to data released on Monday.
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Obama: healthcare won't hike middle class taxes

President Barack Obama insisted he can overhaul the U.S. healthcare system without raising taxes for anyone but the wealthiest Americans, in a media barrage on Sunday as he sought to take control of the debate on his top domestic policy priority.
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Dell to buy Perot Systems for $3.9 billion

Dell Inc plans to buy Perot Systems Corp for about $3.9 billion, paying a steep 67.5 percent premium to expand its technology services business and compete with Hewlett-Packard Co and IBM.
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Path to any NBC Universal sale full of roadblocks

French media company Vivendi SA will decide whether to unload its 20 percent stake in NBC Universal by early December, setting the stage for a sale that may draw far more headlines than bidders.
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Proposed FCC Web rule change draws wireless ire

U.S. phone companies may be forced to open their wireless networks to rival Internet services like Skype and Google Voice under a proposal brought out by the top telecom regulator to safeguard so-called Internet neutrality.
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BofA to end $118 bln asset-guarantee deal

Bank of America Corp will end a nine-month old, $118 billion asset-guarantee program with the U.S. government, paying a $425 million exit fee, the company announced on Tuesday.
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Verisk sees $1.7 billion IPO, to price October 6

Insurance risk assessment specialist Verisk Analytics Inc on Monday set the terms of its initial public offering, saying it expects the offering to yield $1.7 billion in what could become the largest U.S. IPO in a year and a half.
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Distressed real estate IPOs carry big timing risk

Three companies backed by major investment firms plan initial public offerings this week to take advantage of distressed commercial real estate, but they face stiff competition and major risks if the market takes a long time to recover.
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Daily Wrap Up - Sept. 21 Tech

U.S. phone companies may be forced to open their wireless networks to rival Internet services like Skype and Google Voice under a proposal brought out by the top telecom regulator to safeguard so-called Internet neutrality.
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BofA fails to meet congressional deadline

Bank of America Corp failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said.
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Santander may raise up to $7.3 bln from Brazil IPO

Spain's biggest bank Santander could raise about 13.13 billion reais ($7.3 billion) by listing 16.2 percent of its Brazilian unit in the Latin American country's biggest ever initial public offering.
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Obama pushes economic message ahead of big summits

President Barack Obama's multitasking abilities will be tested this week as he juggles war, diplomacy and finance on a high-profile world stage along with the American public's top concern: the U.S. economy.
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Chanel advanced women's rights, says actress Tautou

Gabrielle Coco Chanel didn't just make beautiful clothes, she also advanced women's rights, says actress Audrey Tautou, who portrays the pioneering French fashion designer in a new film about her early life.
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Renoir exhibition in Paris highlights later works

A major exhibition on Renoir opening in Paris this week aims to bring a new perspective to the later works of the French master as his art evolved from the sun-dappled Impressionist style that made his name.
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10 Weird Food Delicacies From Around the World

Travelling is often about trying the unusual and attempting to experience the different culture of the country you are visiting. One of the best ways to do this is to try the foods the native people eat.
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As AIG stabilizes, new bailout plan considered

Insurer American International Group Inc's once-desperate financial state has started to stabilize, a government agency said on Monday, as an influential lawmaker said he would look at easing the terms of the insurer's federal bailout once more.

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