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Italy Wine

Italy Winemakers Seek Fashion Boost on Global Stage

Italy's top winemakers are joining forces with the country's luxury goods elite as the world's second-biggest wine producer tries to give itself an edge in the battle for U.S. and emerging market customers amid falling consumption at home.
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Brazil's Vale, Aquila end coal sales row

World no.2 miner Vale has reached a truce with Australia's Aquila Resources over coal shipments from their co-owned Isaac Plains mine in Queensland, allowing the two sides to sell coal through June 2013.
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Supernatural Supermarket 'Ghost' Caught on Security Footage? [VIDEO]

Brompton IGA store owner Norm Hurst told Adelaide Now that previous store owners told him the market was haunted. Now he believes maybe it is after CCTV video apparently caught proof that something strange is occurring in the market. Hurst reportedly closed up the market last week with everything in order.
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Lockheed welcomes Norway backing of F-35 fighter

Lockheed Martin Corp on Friday welcomed news that Norway planned to increase its order for F-35 Joint Strike Fighter jets by four planes, and was considering pulling forward the delivery of two initial training jets by one year to 2015.
An employee works on a computer at the new headquarters of Facebook in Menlo Park, California January 11, 2012.

Stock Rater Sees Facebook On Par With Tech Titans

Facebook isn’t even trading yet but Rapid Ratings, a New York firm with an unusual risk-analysis model, rates the social networking company's stock as highly as that of technology stars Intel, Apple, Microsoft and Google.
Two Capesize bulkers anchored in a Shanghai port

Biggest Freighters Hit Hardest In Global Shipping Storm

While shipping costs have been recovering over the past month from historical lows earlier this year, rates for the biggest vessels keep falling. Mistrust in the market, bad luck for iron exporters and a slowdown in world steel consumption are to blame.
Federal Reserve Chairman Ben Bernanke's policy of quantitative may have made U.S. Treasurys a less attractive investment to the Chinese

China, Japan To Begin Selling US Treasurys?

China's skein of trade surpluses and Treasury-buying has run its course and the country will need to begin selling some of its vast holdings of U.S. debt, says Frederick Sheehan, ex-head of asset allocation at John Hancock Financial Services.
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‘Marmageddon’: Marmite Famine Strikes New Zealand

New Zealand residents have been urged to spread their Marmite extra thin after news of an upcoming Marmageddon when the popular breakfast paste will no longer be available on shelves do to the closure of the iconic Kiwi brand's Christchurch factory in the wake of the 2011 earthquake.

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