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EU ministers reject target date for bank aid phase-out

EU finance ministers agreed on Tuesday to start major efforts to narrow budget gaps in 2011 at the latest and reached preliminary agreement to boost the amount of capital banks must hold to offset risky activities.

Vodafone doubles cost cut target to 2 bln stg

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Vodafone, the world's largest cellphone operator by revenue, has doubled its cost cutting target to 2 billion pounds ($3.33 billion) by 2012 to counter fierce competition in India and Europe.

Audi volumes flat in Oct, tweaks car sales target

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Volkswagen's premium carmaker Audi (NSUG.DE) tweaked its 2009 sales target higher by some 5,000 units to 925,000 vehicles, it said on Monday after revealing volumes edged 0.4 percent up in October.
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Starbucks beats view, raises target, shares up

Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
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VW sees tough year-end; Mazda ups FY target

Europe's largest carmaker Volkswagen said business remained tough after third-quarter earnings plunged on Thursday, while Japan's Mazda predicted a smaller full-year operating loss.
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Analysts cut Baidu price target as outlook disappoints

Wall Street analysts on Tuesday cut their price targets on Baidu Inc, after China's dominant search engine forecast a sequential decline in fourth-quarter revenue due to the transition to a new Internet advertising technology.
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Japan may weaken CO2 target if no global pact

Japan could weaken its target for a 25 percent cut in greenhouse gas emissions by 2020 if all major emitters do not reach agreement on an ambitious global climate pact, the environment minister said Friday.
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GM says on target with change, but risks remain

General Motors Co is on track to hit the financial restructuring targets set in its U.S. government-sponsored bankruptcy, but still faces risks as it tries to win back consumers in an uncertain U.S. economy, the automaker said on Wednesday.
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Target fined over lead paint in toys

The U.S. Consumer Product Safety Commission has fined discount retailer Target Corp (TGT.N) $600,000 for allegedly violating a federal lead paint ban on toys.
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New computer viruses target banks, social networks

Cyber criminals are increasingly focusing their attacks on the hundreds of millions of users of social networks and on loopholes in bank security systems, security software vendors said on Wednesday.
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Daimler keeps Mercedes-Benz Cars margin target -CEO

Daimler's (DAIGn.DE) chief executive is sticking to the company's long-term EBIT profit margin target of 10 percent for its Mercedes-Benz Cars division but is unclear when the company will reach it, he was quoted as saying in a newspaper interview on Sunday.
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VW's Audi to reach China sales target early

Volkswagen's (VOWG.DE) premium unit Audi (NSUG.DE) expects to reach its unit sales target for China two years earlier than previously planned, Audi's head of sales told industry publication Automobilwoche.
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China's economy to achieve growth target

China's economy will be able to achieve a growth target of 8 percent this year, but the country should not rest on its laurels as problems remain, the statistics bureau's top economist was quoted as saying on Saturday.
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Nissan sees 2009 China sales 18 percent above target

Nissan Motor Co (7201.T) said on Thursday it expects its Chinese vehicle sales to climb 18 percent above its initial target of 570,000 units this year, helped by the government's tax incentives on smaller cars.
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Oracle software sales miss target

Oracle Corp's quarterly software sales came in sharply below expectations, dashing hopes that corporate technology spending is rebounding and sending its shares down 2.7 percent.
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Fiat can hit sales target with Chrysler alone

Italy's Fiat (FIA.MI) can reach its target of selling between 5.5 and 6 million vehicles with Chrysler alone but the group still considers renewal of Italy's car sale incentives as vital.
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Protesters target oil sands before Harper meets Obama

Environmentalists shut down a Canadian oil sands mine on Tuesday in a series of protests on the eve of Prime Minister Stephen Harper's visit with President Barack Obama, aimed at pressing their case that the projects undermine the fight against climate change.

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