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Biden: More US Stimulus Needed, Business Mad at S&P

U.S. Vice President Joe Biden said on Friday the U.S. economy needed more stimulus to get it moving, putting in a plug for government measures shortly before the White House unveils new proposals to boost job growth.

Tiffany raises forecast as sales rise worldwide

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Tiffany & Co raised its full-year profit outlook as more shoppers worldwide bought its jewelry during the bridal season, helping it overcome rising gold and diamond costs and sending its shares up more than 5 percent.
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Exclusive: China plans to mop up bank liquidity

China has ordered banks to include their margin deposits in required reserves at the central bank to mop up excessive liquidity, banking sources said on Friday, the latest move in Beijing's campaign to rein in worrisome inflation.
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Analysis: 'Safe Haven' Assets Start to Look Risky

This year's heady bout of risk aversion on financial markets has ratcheted up demand for gold, U.S. Treasuries and the Swiss franc to levels that suggest they may no longer be the safe havens they are claimed to be.
A passenger waits for a delayed flight at Heathrow airport's terminal four in London

Obesity to Worsen, Weigh Heavily on Healthcare Costs

Obesity is most widespread in Britain and the United States among the world's leading economies and if present trends continue, about half of both men and women in the United States will be obese by 2030, health experts warned on Friday.
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Groupon Chief Lashes out at Critics Ahead of IPO

Groupon Inc. CEO Andrew Mason, lashing out at what he called insane and hilarious criticism in the media, defended the daily-deals Web site's record and growth strategy in a lengthy memo to employees Thursday.
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Groupon's CEO lashes out at critics ahead of IPO

Groupon Inc CEO Andrew Mason, lashing out at what he called insane and hilarious criticism in the media, defended the daily-deals website's record and growth strategy in a lengthy memo to employees on Thursday.
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Groupon's CEO lashes out at critics ahead of IPO

Groupon Inc CEO Andrew Mason, lashing out at what he called insane and hilarious criticism in the media, defended the daily-deals website's record and growth strategy in a lengthy memo to employees on Thursday.
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China invests $199 billion for urban rail through 2015: report

China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development, the official China Securities Journal reported on Friday.
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China's telecom patent boom heralds innovation era

China's telecom giants are building up a war-chest of patents to help give them an edge in the legal battles raging between the world's smartphone makers, aided by Beijing's push to transform the country from workshop to innovator.
China media dismiss Pentagon "cock-and-bull" report

China media dismiss Pentagon cock-and-bull report

China's state news agency on Thursday condemned a Pentagon report on China's growing military might, calling its account of Beijing's weapons modernization drive an alarmist cock-and-bull story.
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HK, China shares gain, boosted by strong earnings

Hong Kong shares were higher by midday Thursday, mainly driven by several Chinese companies that reported forecast-beating interim earnings, magnifying the lift from Wall Street gains on encouraging U.S. economic data.
Chinese President Hu Jintao speaks to France's President Nicolas Sarkozy during their meeting at the Great Hall of the People in Beijing

China's Hu tells Sarkozy concerned about euro

China hopes that Europe will take steps to protect China's investments there, Chinese President Hu Jintao told the French President Nicolas Sarkozy on Thursday, nonetheless voicing confidence in the euro and vowing to keep investing in it.
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Copper underpinned by China, Fed meet in focus

Copper climbed on Thursday underpinned by expectations of returning demand from top consumer China, but caution over measures that may be unveiled by the U.S. monetary authorities in yoming this week kept gains in check.
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UBS cuts China growth outlook amid global slowdown

UBS cut its 2011 and 2012 growth forecasts for China on Thursday to reflect weaker growth prospects in developed economies, saying the central bank may relax policy if the world's second-largest economy falters.
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China gas-to-chemical firms shackled by supply, costs

Chemical firms using natural gas as feedstock in southwestern Chinese provinces were facing mounting risks to scale down and even close operations due to gas shortages and rising gas prices, an industry newspaper reported on Thursday.
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Mercuria, China's Datang form carbon JV

A Mercuria Energy Group subsidiary has formed a joint venture with Hong-Kong listed China Datang Corp. Renewable Power Co. , focusing on renewable energy and carbon credits, energy trading house Mercuria said on its website.
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China says stabilising prices still priority

Stable prices remain the top priority for the Chinese government, but any policy moves must avoid hurting economic growth, China's Finance Minister Xie Xuren said on Thursday.
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Li Ning sees challenges from competition, rising cost

China home grown sport brand Li Ning Co Ltd. , which posted a 50 percent fall in its first half profit, said the operating environment is expected to remain challenging on intensifying competition among brands and escalating cost.

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