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Shares consolidate, dollar steadies after rally

Asian shares steadied on Friday while the dollar took a breather after its recent broad rally spurred profit-taking, with some investors wondering if a fresh batch of encouraging economic data would put further upward pressure on U.S. yields.

Shares consolidate, dollar faces profit taking

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Asian shares edged higher on Friday while the dollar took a breather as its recent broad rally spurred some profit taking, with a fresh batch of encouraging U.S. economic data further underpinning investor sentiment.

China halts 10 more Airbus orders: sources

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China has suspended the purchase of 10 more Airbus jets, two people familiar with the matter said on Thursday, raising the stakes in a potentially damaging trade row over European Union airline emissions charges.
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Reshuffle at Japan's Sharp blunts expectation for change

An expected $3.5 billion record net loss as TV sales slumped is raising a red flag with investors worried that Sharp has fumbled its business strategy. Takashi Okuda's appointment as its new boss suggests it is not about to flinch and abandon making TVs.
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Shares pause after U.S. jobs, monetary policy in focus

Asian shares fell on Monday as investors paused to assess the effect of strong U.S. jobs data, which scaled back expectations of more easing ahead of this week's Federal Reserve meeting, while uncertainty over Chinese growth also weighed on sentiment.
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Shares pause after jobs, monetary policy in focus

Asian shares fell on Monday as investors paused to assess the effect of strong jobs data, which scaled back expectations for more easing ahead of this week's Federal Reserve meeting, while uncertainty over Chinese growth also weighed on sentiment.
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Glencore bidding for grain handler Viterra: report

Commodities and mining giant Glencore has made a 3.5 billion pound (US$5.5 billion) approach for Canada's biggest grain handler Viterra, Britain's Sunday Telegraph newspaper said on its website on Saturday.
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China to add to squeeze on world corn supply

Beijing and the influential U.S. agriculture department may have overstated China's corn crop by as much as 14 percent, pointing to higher imports from the world's second-largest consumer of the grain that could squeeze already tightening global supplies.
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Japan GDP revised up, current account in red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure to cope with an increase in demand due to reconstruction of the country's tsunami-battered northeast coast.
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Pound to waver near current levels vs euro - Reuters poll

The British pound will remain steady against the euro over the next year, perhaps more resilient but still tied to the euro zone's fortunes, according to a Reuters poll of foreign exchange analysts who mostly stuck to their views from one month ago.
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Dunkin' aims at China with pork donuts, LeBron James

Pork donuts may not be palatable to Americans or Europeans, but the parent company of Dunkin' Donuts and the Baskin-Robbins ice cream chains is catering to local tastes in China, where it aims to open another 100 stores in the next two to three years.
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Exclusive: JPMorgan trumped competitors in commodities last year

Blythe Masters, JPMorgan's global head of commodities, has steered the bank's expanded franchise to record revenues exceeding $2.8 billion in 2011, more than long-time industry leaders Goldman Sachs and Morgan Stanley, the three banks' data showed this week.
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G20 inches toward $2 trillion in rescue funds

Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further fallout from the euro-zone's sovereign debt crisis.
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Euro-zone deal on firewall awaits Germany

Germany may not be ready to back an increase in the euro zone's bailout fund at a summit next week, delaying progress towards building up nearly $2 trillion in firepower to tackle fallout from Europe's sovereign debt crisis.
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Greek finance minister on EU/IMF bailout

Here are highlights of Greek Finance Minister Evangelos Venizelos's news conference in Athens on Tuesday after returning from Brussels talks where euro zone finance ministers clinched a 130-billion-euro bailout package.
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Bank of China moves closer to LME membership

Bank of China International is on track to become the first Chinese member of the London Metals Exchange - giving the bourse a boost while it is considering possible takeover bids - following authorization by the UK financial regulator.
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Heinz, Campbell Soup top Street view; shares up

HJ Heinz Co and Campbell Soup Co posted better-than-expected quarterly profits, even as price increases meant to offset higher commodity costs hurt sales volume, and shares of both food makers rose in morning trade.
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Kellogg to buy Pringles for $2.7 billion

Kellogg Co agreed to buy Pringles potato chips for $2.7 billion in a cash deal that makes the cereal company second only to PepsiCo Inc in the global snack food market.
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Monsanto says to appeal French poisoning verdict

U.S. agri-business giant Monsanto said on Tuesday it will appeal a French court ruling that found it responsible for the poisoning of a farmer who inhaled a weedkiller in what is the first such case to reach court in France.
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Exclusive: Walnut growers seek to stop sales to Diamond

Some California farmers plan to stop selling their walnuts to Diamond Foods Inc in the wake of an accounting scandal over grower payments that has claimed the jobs of the snack company's chief executive and chief financial officer.
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Analysis: Aluminium losing battle against oversupply

Excess capacity in aluminium smelting will drag on for years to come, even while losses weigh on producers, as political pressures in China and Russia to keep jobs and push self-sufficiency prevent or delay plant closures.
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Analysis: Criminal probe trail going cold at MF Global

When commodities brokerage MF Global imploded, the FBI and federal prosecutors were quick to launch an investigation to pursue what seemed obvious to outspoken regulators and lawmakers: laws were broken and crimes were committed.
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MF Global ex-risk chief to testify before Congress

Michael Roseman, the former chief risk officer who is said to have raised red flags about aggressive trading bets at MF Global , will testify before Congress next week, according to a congressional staffer familiar with the matter.
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Starbucks posts profit beat, sales jump

Starbucks Corp's reported a quarterly profit that topped Wall Street's view after global economic worries failed to weaken demand for drinks and other products from the world's biggest coffee chain.
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Wal-Mart plans to sell new drink machine: report

Wal-Mart Stores Inc plans to start selling a new single-serve beverage maker, according to an analyst report on Thursday, sending shares of rival coffee system maker Green Mountain Coffee Roasters Inc down more than 4 percent.
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Europe searches for mythical jobs and growth formula

Since the start of the year, one phrase has tripped off the lips of European leaders more than any other: jobs and growth. After two years of debt crisis and budget austerity, there is a strong desire to shift the narrative on.

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